ETEX UK REMAGIN LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ETEX UK REMAGIN LIMITED 2024-05-20 → present
2. SIGMAT LIMITED 2019-10-02 → 2024-05-20
3. PAW STRUCTURES LIMITED 2002-08-21 → 2019-10-02

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 102

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Management has produced forecasts which have been reviewed by the Directors. These demonstrate that the Company has sufficient facilities to enable the company to meet its obligations for a period of at least 12 months from when these financial statements have been signed. In reaching their conclusions, the Directors have made a prudent expectation, based on trading performance to date and the latest available information, of a gradual recovery in volumes. The Company has also received a letter of support from Etex NV to confirm its intention that it will support the Company for at least 12 months from the date of the Auditor's Report.”

Significant events

• “As part of a group re-organisation in this financial year, the shares of Etex UK Remagin Ltd were sold to EOS Framing Ltd, which is now the Parent Company. From July 2024, EOS Framing Ltd trade was transferred to Etex UK Remagin Ltd. In December 2024, EOS Framing Ltd injected £12.5m into the company, in the form of share capital.”
• “Sigmat Limited changed its company name on 20 May 2024 to Etex UK Remagin Limited.”

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

Filings

8

last 12 months

Capital events

1

last 24 months

Officers appointed

2

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

  -2.1%

  £30,041,000 → £29,409,000

• Cash

  —

  Not reported

• Net assets

  +174%

  £4,368,000 → £11,970,000

• Employees

  -1.8%

  165 → 162

• Operating profit

  +8.7%

  -£4,592,000 → -£4,193,000

• Profit before tax

  +2%

  -£4,952,000 → -£4,852,000

• Wages

  +5.7%

  £6,591,000 → £6,969,000

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