NISSHA MEDICAL TECHNOLOGIES LTD

1. NISSHA MEDICAL TECHNOLOGIES LTD 2018-10-05 → present
2. GRAPHIC CONTROLS LTD 2006-11-15 → 2018-10-05

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

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The balance sheet on page 11 shows net current liabilities of £2,892,000. Included within creditors due within one year is a balance of £13,297,000 owed to the immediate parent undertaking and other group companies. The directors have received assurances from the immediate parent undertaking that it will continue to support the company via these loans for a period of at least 12 months from the date of approval of these financial statements and, accordingly, these financial statements have been prepared on the going concern basis. Further details are given in the strategic report on page 2.”

Group structure

1. NISSHA MEDICAL TECHNOLOGIES LTD · parent
   1. Crown Graphic NV 99.99998% · Belgium · manufacture and distribution of chart recording consumables, medical consumables and various ticket products
   2. Nissha Medical Technologies GmbH 100% · Germany · manufacture and distribution of chart recording consumables, medical consumables and various ticket products

Significant events

• “The reduction primarily reflected the transfer of certain entertaining consumables customer accounts to the parent company, Graphic Controls Acquisition Corp, at the beginning of the financial year, a strategic decision made to align with the location of product manufacturing. These customers are expected to return to the UK entity in 2025 as operational responsibilities transition back.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

3

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

  -14.9%

  £14,251,000 → £12,128,000

• Cash

  -4.2%

  £1,349,000 → £1,292,000

• Net assets

  -31.2%

  £2,952,000 → £2,031,000

• Employees

  -14.5%

  69 → 59

• Operating profit

  -126.8%

  -£406,000 → -£921,000

• Profit before tax

  -126.8%

  -£406,000 → -£921,000

• Wages

  -6.9%

  £2,079,000 → £1,936,000

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