RECORD POWER LIMITED

1. RECORD POWER LIMITED 2003-07-21 → present
2. BEACONFORGE LIMITED 2003-06-19 → 2003-07-21

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

Hawsons Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. RECORD POWER LIMITED · parent
   1. Record Power B.V. 1% · Netherlands
   2. Record Power LLC 1% · USA

Significant events

• “The management of the business and the execution of the company's strategy are subject to a number of risks. The principal business risks and uncertainties facing the company are continuing political uncertainty worldwide, caused by the long-term political effects of the conflicts in the Ukraine and the Middle East particularly, and also low growth economies in our primary markets. These have all resulted in uncertainty in markets, inflationary pressures and changes in demand as customers adapt to the changing political and financial landscape.”

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

Filings

2

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

  -13.6%

  £11,077,441 → £9,570,261

• Cash

  -28.6%

  £3,128,228 → £2,234,680

• Net assets

  -5.9%

  £6,200,575 → £5,834,576

• Employees

  -2.4%

  41 → 40

• Operating profit

  -332.3%

  £192,105 → -£446,184

• Profit before tax

  -226.1%

  £289,012 → -£364,497

• Wages

  -3.5%

  £1,184,251 → £1,142,945

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