QUORUM TECHNOLOGIES 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 101 'Reduced Disclosure Framework'

Reporting scope

Standalone (parent only)

Auditor

BDO UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The company concluded 2024 with a surplus of cash, showcasing its sustained liquidity position. This arose through profitable and cash generative trading throughout the year, after payment of dividends to the parent company. The directors have considered the ongoing impact of heightened political tensions globally, and of continuing higher levels of interest rates. The company's financial position remains robust, with sufficient cash, no debt and a satisfactory order book. The directors have also performed reasonably possible stress testing on forecast cashflows, considering potential scenarios from the continued uncertain global economic and political environment and, as a result, consider that the company is appropriately placed to manage its business risks. The directors therefore have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”

Group structure

1. QUORUM TECHNOLOGIES LIMITED · parent
   1. E M Technologies Limited 100% · UK · dormant company
   2. Moorfield Nanotechnology Limited 100% · UK

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -7.8%

  £12,532,004 → £11,554,618

• Cash

  +127.3%

  £674,641 → £1,533,678

• Net assets

  +11.5%

  £6,419,249 → £7,155,186

• Employees

  0%

  44 → 44

• Operating profit

  -10.8%

  £3,728,107 → £3,323,942

• Profit before tax

  -7.9%

  £3,712,044 → £3,417,871

• Wages

  -1.6%

  £2,208,068 → £2,171,945

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