SAS INTERNATIONAL LIMITED

1. SAS INTERNATIONAL LIMITED 1994-08-15 → present
2. COVERDEMO LIMITED 1994-07-18 → 1994-08-15

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

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors believe that preparing the financial statements on the going concern basis is appropriate. The company's and group's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company and group are able to pay their debts as they fall due.”

Group structure

1. SAS INTERNATIONAL LIMITED · parent
   1. SAS International Australia Pty Limited 100% · Australia · Distribution of suspended ceilings, partitioning and other building products.
   2. SAS International Hong Kong Limited 100% · Hong Kong · Design and installation of suspended ceilings, partitioning and other building products. Provision of project management services on construction projects.
   3. SAS International Inc. 100% · USA · Design and distribution of suspended ceilings, partitioning and other building products.
   4. Systèmes Acoustiques Spéciaux SAS 100% · France · Distribution of suspended ceilings, partitioning and other building products.
   5. Truline Systems Limited 100% · Berkshire · Design and manufacture of partitioning and door systems.

Significant events

• “During the year the group operated a branch in the United Arab Emirates.”
• “During the year the group made charitable donations of £12,284 (2023: £9,637).”
• “In 2024 £388,000 (2023: £156,000) was spent on these programmes [R&D].”
• “The Board agreed to further invest in our business in the United States, through the recruitment of additional US based senior management, regional sales representatives and support staff.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -1%

  £81,883,000 → £81,101,000

• Cash

  -37.9%

  £17,302,000 → £10,738,000

• Net assets

  -8.8%

  £60,719,000 → £55,406,000

• Employees

  -6.1%

  725 → 681

• Operating profit

  -176.5%

  £3,619,000 → -£2,767,000

• Profit before tax

  -175.1%

  £3,648,000 → -£2,741,000

• Wages

  +13.6%

  £26,305,000 → £29,894,000

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