SODICK EUROPE LIMITED

1. SODICK EUROPE LIMITED 2004-03-02 → present
2. SODICK INTERNATIONAL LIMITED 2000-05-11 → 2004-03-02

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 101

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have looked at going concern covering the period to December 2026, the company is trading well & has significant cash reserves. Sensitised forecasts have been prepared and take into account current circumstances and performance, including external macro-economic factors such as recession & exchange rate fluctuations, these show the continuation of the cash flows generated by the company to be sufficient to meet liabilities as they fall due. The company has obtained confirmation from the ultimate parent entity that they will not seek repayment of amounts due unless the company's cash availability permits.”

Group structure

1. SODICK EUROPE LIMITED · parent
   1. Sodick Deutschland GmbH · Germany
   2. Sodick Co Ltd. · Japan
   3. Sodick F.T Co., Ltd
   4. Sodick (Thailand) Co Ltd · Thailand
   5. Sodick Inc
   6. Sodick Electromechanical (Shanghai) Co Ltd. · China

Significant events

• “Sales for the year to 31 December 2024 totalled €31,676,020 (2023: €36,787,487). Profit before tax, which is the key performance indicator, for the business, totalled €453,212 (2023: €1,345,609).”
• “We are still experiencing export difficulties in exporting machines and parts/consumables from UK to EU countries due to additional customs procedures because of the UK leaving the EU & Customs union.”
• “Following the invasion of Ukraine by Russia, we have had to consider going forward the effect of sanctions on exports to Russia. We have revised our five-year plans to exclude the business with Russia, and the impact on our figures has been shown to be insignificant.”
• “High UK & EU inflation during 2024 is expected to continue in 2025, this presents a risk that we may have to increase our sales prices due to rises in underlying commodity & overhead costs, this may in turn lead to reduce quantities of machines sold.”
• “Dividends of €500,000 were declared in March 2025 and paid in April 2025.”

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

0

last 12 months

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

• Turnover

  -13.9%

  £31,889,292 → £27,458,408

• Cash

  -25.8%

  £4,169,118 → £3,092,278

• Net assets

  +2.4%

  £12,029,326 → £12,322,765

• Employees

  -5.9%

  17 → 16

• Operating profit

  -64.8%

  £1,194,136 → £420,392

• Profit before tax

  -66.3%

  £1,166,443 → £392,868

• Wages

  -10.8%

  £1,413,280 → £1,260,166

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