ONSTREAM METERS LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-05-14.

• ⚠

  Material uncertainty over going concern

  As a result, the directors currently do not have visibility of the future intentions of an acquirer, including financing arrangements following the expected change in control. Therefore, this represents a material uncertainty, which may cast significant doubt about the Company's ability to continue as a going concern.

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ONSTREAM METERS LIMITED 2026-03-17 → present
2. MACQUARIE LEASING LIMITED 2006-07-05 → 2026-03-17

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As a result, the directors currently do not have visibility of the future intentions of an acquirer, including financing arrangements following the expected change in control. Therefore, this represents a material uncertainty, which may cast significant doubt about the Company's ability to continue as a going concern.”

Significant events

• “On 30 September 2025, an interim dividend of £500,000 (£250,000 per ordinary share) was paid by the Company.”
• “In December 25, Management outlined an internal restructure which will change the immediate parent of the Company from Macquarie Investments 1 Limited to Macquarie Meters 5 (UK) Limited.”

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

Filings

20

last 12 months

Capital events

1

last 24 months

Officers appointed

2

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  -50.3%

  £42,726,000 → £21,220,000

• Cash

  —

  Not reported

• Net assets

  -5.3%

  £1,047,000 → £992,000

• Employees

  —

  Not reported

• Operating profit

  +1,429%

  £131,000 → £2,003,000

• Profit before tax

  +1,012.7%

  £197,000 → £2,192,000

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