PRODUCT COMPLIANCE SPECIALISTS 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

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Considering that the business has net current assets of £3.2 million as at 31 December 2024 (2023: £8.7 million) incorporating cash of £2.1 million (2023: £1.4 million), a profit for the year then ended of £0.45 million (2023: £2.0 million) and net assets of £3.4 million (2023: £8.9 million) the financial statements have been prepared on a going concern basis which the Directors consider to be appropriate. The Directors have prepared forecasts at an individual and consolidated level for the immediate parent company (note 26) and its subsidiaries. Forecasts prepared include sensitivity analysis and are for the period to December 2025, with extrapolated performance to September 2026, thus covering a period of at least 12 months from the date of approval of these financial statements. The forecasts indicate that, taking account of on-going trading in 2025 the Company will have sufficient funds, through its existing assets, to meet its liabilities as they fall due for that period. The financial statements have therefore been prepared on a going concern basis.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -29.1%

  £10,637,545 → £7,540,034

• Cash

  +54.8%

  £1,354,681 → £2,097,439

• Net assets

  -61.9%

  £8,872,147 → £3,378,609

• Employees

  -12.1%

  58 → 51

• Operating profit

  -79.5%

  £1,940,900 → £398,828

• Profit before tax

  -79.3%

  £1,938,383 → £400,817

• Wages

  -24.8%

  £2,886,879 → £2,171,763

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