REMEL EUROPE LIMITED

1. REMEL EUROPE LIMITED 2001-09-12 → present
2. PRECIS (2063) LIMITED 2001-07-04 → 2001-09-12

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company meets its day-to-day working capital requirements through its bank facilities. The current economic conditions continue to create uncertainty over (a) the level of demand for the company's products; and (b) the availability of bank finance for the foreseeable future. After making enquiries, the directors have a reasonable expectation that the company has access to adequate resources to continue in operational existence for a period of at least 12 months from the date of approval of the financial statements. Thermo Fisher Scientific Inc. has indicated its intention to provide any necessary financial support.”

Significant events

• “The core business remained stable despite a decline in turnover from £18,097,000 (in 2023) to £14,389,000. This is due to a reduction in Latex Agglutination tests which is in line with the expected market decline of the ID portfolio. Additionally, there has also been a decline year on year within the rapid tests.”

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

  -20.5%

  £18,097,000 → £14,389,000

• Cash

  +6.8%

  £44,000 → £47,000

• Net assets

  +8.2%

  £23,514,000 → £25,432,000

• Employees

  +0.8%

  118 → 119

• Operating profit

  +11.5%

  £1,127,000 → £1,257,000

• Profit before tax

  +17%

  £1,834,000 → £2,145,000

• Wages

  -1.9%

  £3,806,000 → £3,735,000

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