OE ELECTRICS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. OE ELECTRICS LIMITED 2014-09-02 → present
2. OFFICE ELECTRICS LIMITED 2005-04-01 → 2014-09-02
3. YORKCO 106 LIMITED 1993-07-16 → 2005-04-01

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

RSM UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Following the review, the directors have concluded that the group has adequate funding to continue in operation for the foreseeable future. As such, they continue to adopt the going concern basis in preparation of the accounts.”

Group structure

1. OE ELECTRICS LIMITED · parent
   1. Elsafe Australia Pty Limited 100% · Australia · Manufacturer of electrical products
   2. OE Electrics Germany GmbH 100% · Germany · Distributor of electrical products
   3. OE Electrics Inc. 100% · USA · Distributor of electrical products
   4. Office Electrics Limited 100% · England and Wales · Dormant
   5. Elsafe Limited 100% · England and Wales · Dormant
   6. Office Electrics (Hong Kong) Limited 100% · Hong Kong · Dormant

Significant events

• “Following the 3 year fixed loan renewal of £3.2m in September 2025, the group has sufficient financing arrangements in place for the full period of assessment and the forecasts indicate the group can/will comply with funding requirements including covenants.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +0.7%

  £24,680,476 → £24,860,050

• Cash

  +61.8%

  £2,739,890 → £4,432,408

• Net assets

  +2.7%

  £16,965,328 → £17,426,020

• Employees

  -9.8%

  225 → 203

• Operating profit

  -16%

  £2,011,011 → £1,688,564

• Profit before tax

  -14.4%

  £1,631,980 → £1,397,535

• Wages

  +0.2%

  £9,043,938 → £9,062,453

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers