DE SOUTTER MEDICAL LIMITED

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

Beavis Morgan Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. DE SOUTTER MEDICAL LIMITED · parent
   1. De Soutter Medical (Australia) Pty Limited 100% · Australia · Distribution of surgical instruments
   2. De Soutter Medical Holdings Inc. 100% · Holding company
   3. De Soutter Medical JSA Inc. 100% · Distribution of surgical instruments
   4. De Soutter Medical GmbH 100% · Germany · Dormant
   5. Seber AB 100% · Sweden · Research and development of surgical instruments

Significant events

• “The company continued to operate through branches in Germany, Italy, France, Austria, Belgium and The Netherlands.”
• “De Soutter Australia Pty Ltd and De Soutter Medical USA Inc, both wholly owned subsidiaries, continued to trade during the year.”
• “The company continues to invest in research and development of new product lines and its distribution channels across all markets.”
• “The business has seen significant development of the Aston Clintor site over the course of the financial year. Solar panels installed in the previous financial year are working well and excess electricity produced is being transferred back to the grid.”
• “Mains gas is no longer used at the site and LED lighting is in use. A Smart Building Management System works to automatically turn lights on and off, depending on occupancy, time of day and time of year.”
• “The directors continue to commit funds to charity, both locally and internationally, with a focus on supporting the underprivileged and STEM projects.”
• “During the year, the company invested a further $3,234,741 (£2,615,984) in its direct subsidiary undertaking, De Soutter Medical Holdings Inc., in order to facilitate the acquisition of a further 10% shareholding in the indirect subsidiary, De Soutter Medical USA Inc., for consideration of $3,234,741 (£2,615,894). The company now indirectly owns 100% of De Soutter Medical USA Inc.”
• “On the 30 August 2024, the company acquired 100% of the share capital of Seber AB for total consideration €452,407 (£380,943).”

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

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

  —

  Not reported

• Cash

  +88%

  £5,072,135 → £9,537,330

  highest in 6 filed years

• Net assets

  +44.1%

  £30,482,252 → £43,923,595

  highest in 3 filed years

• Employees

  +10.6%

  179 → 198

  highest in 6 filed years

• Profit before tax

  +11.6%

  £19,475,445 → £21,727,041

  highest in 6 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers