COGNE U.K. LIMITED

1. COGNE U.K. LIMITED 1999-04-30 → present
2. ALDRIDGE STAINLESS STEELS LIMITED 1997-02-03 → 1999-04-30
3. SYSTEMREPORT LIMITED 1996-12-31 → 1997-02-03

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

Blick Rothenberg Audit 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 foreseeable future, being a period of at least twelve months from the date these financial statements were approved. In making this assessment, the directors have considered a letter of support received from the parent company. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Turnover for the year ended 31 December 2024 amounted to £20,311,800 (2023: £23,970,859), a decrease of 15% compared to the prior year.”
• “The current year profit of £553,129 (2023: £659,560) decreased on the prior year due to the reduced gross profit, being partially offset by a reimbursement received from the parent company for a fine incurred in the prior year.”
• “The value of stocks held at 31 December 2024 amounted to £8,345,881 (2023: £7,330,304). The increase in stock is mainly due to a change in customer habits delaying stock purchases due to the overall economic climate.”
• “Cash and cash equivalents at 31 December 2024 were £155,234 (2023: £2,139,335), with the decrease as a result of a material payment made for group purchases pre year end.”
• “At 31 December 2024, the company does not have borrowings and is therefore has limited exposed to interest rate rises.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -15.3%

  £23,970,859 → £20,311,800

• Cash

  -92.7%

  £2,139,335 → £155,234

• Net assets

  +6.9%

  £7,980,783 → £8,533,912

  highest in 5 filed years

• Employees

  0%

  40 → 40

• Operating profit

  -16.2%

  £863,277 → £723,464

• Profit before tax

  -15.6%

  £873,346 → £737,505

• Wages

  +3.2%

  £1,272,007 → £1,313,250

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