EATON ELECTRICAL SYSTEMS LIMITED

1. EATON ELECTRICAL SYSTEMS LIMITED 2016-03-01 → present
2. COOPER LIGHTING AND SAFETY LIMITED 2008-02-01 → 2016-03-01
3. COOPER LIGHTING AND SECURITY LIMITED 2000-02-25 → 2008-02-01
4. CROMPTON LIGHTING LIMITED 1995-02-06 → 2000-02-25
5. SPARTANLITE 1995-01-23 → 1995-02-06

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

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the going concern assessment period to 30 November 2026. Accordingly, the Directors continue to adopt the going concern basis in preparing the annual report and financial statements.”

Significant events

• “On 11 July 2024, the Company announced the decision of its Board of Directors to discontinue the operations in the Doncaster facility which has been completed by 31 December, 2024.”
• “Following the decision, the Company has sold certain fixed assets at a loss of £0.1 million. Remaining fixed assets were identified to be fully impaired and an impairment loss of £0.9 million was recognised.”
• “In relation to the lease in Doncaster, the Company also recognised an onerous provision of £1.5 million for unavoidable lease payments required to be made and a dilapidation provision of £0.5 million to reinstate the facility to its original condition prior to the lease as provided for in the lease agreement.”
• “The Company has paid severance costs amounting to £1.3 million in connection with the closure of the Doncaster facility.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -35.7%

  £46,443,000 → £29,858,000

• Cash

  -69.2%

  £13,000 → £4,000

• Net assets

  -5.4%

  £43,475,000 → £41,149,000

• Employees

  -11.4%

  114 → 101

• Operating profit

  -220.6%

  -£1,065,000 → -£3,414,000

• Profit before tax

  -252.8%

  £918,000 → -£1,403,000

• Wages

  -9.5%

  £4,169,000 → £3,774,000

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