EDWARDS LIMITED

1. EDWARDS LIMITED 2007-04-30 → present
2. EDWARDS UKCO 3 LIMITED 2007-02-22 → 2007-04-30

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are confident, after having made appropriate enquiries that the Company has adequate resources to continue in operation for a period at least up to 30 September 2026. The Directors have considered any potential impacts of the current economic environment on the business both in the short, and long term. Despite experiencing a decline in overall revenue due to reduced royalty income, the Company managed to enhance its sales to third-party end customers. The Company also experienced higher order intake than in the previous year, driven by a partial recovery in the semiconductor market. The Company expects a more significant recovery to begin in the market in the second half of 2025. The Company continues to manage its liquidity needs through a group bank pooling facility managed by the ultimate parent company, Atlas Copco AB. The Company has no external debt and with the bank pooling facility it ensures sufficient resources are immediately available if need be. At the year-end, the Company has an intercompany cash balance of £186,546k (2023: £542,947k) and was in a net current asset position of £238,744k (2023: £644,447k). The going concern of Edwards Limited is linked to that of the overall group. The Directors made enquiries of the group to ascertain the group position on going concern. Following these enquiries, the Directors are satisfied the group's strategy is robust and that they will continue as a going concern. In turn, the Company has received assurances, in the form of a letter of support, that Atlas Copco Airpower N.V. will continue to provide sufficient cash resources as required to enable the Company to meet its liabilities as they fall due for the period up to 30 September 2026 from the date of approval/authorization of these financial statements. The directors have considered the Company's current and future prospects and its availability of intercompany financing and are satisfied that the companies can continue to pay its liabilities as they fall due for a period at least up to 30 September 2026. The Company's therefore continues to adopt the going concern basis in preparing its financial statements which has been applied consistently throughout the year.”

Group structure

1. EDWARDS LIMITED · parent
   1. Vacuum Technique Brasil Ltda 100% · Brazil · manufacture and supply of vacuum products, abatement solutions and related services
   2. Edwards Technologies Trading (Shanghai) Company Ltd 100% · Peoples Republic of China · manufacture and supply of vacuum products, abatement solutions and related services
   3. Edwards Technologies Vacuum Engineering (Shanghai) Company Ltd 100% · Peoples Republic of China · manufacture and supply of vacuum products, abatement solutions and related services
   4. Edwards Technologies Vacuum Engineering (Qingdao) Company Ltd 100% · Peoples Republic of China · manufacture and supply of vacuum products, abatement solutions and related services
   5. Edwards Technologies Vacuum Engineering (Xian) Company Ltd 100% · Peoples Republic of China · manufacture and supply of vacuum products, abatement solutions and related services
   6. Edwards SAS 100% · France · manufacture and supply of vacuum products, abatement solutions and related services
   7. Hibon International SA 100% · France · manufacture and supply of vacuum products, abatement solutions and related services
   8. Hibon 100% · France · manufacture and supply of vacuum products, abatement solutions and related services
   9. Edwards GmbH 100% · Germany · manufacture and supply of vacuum products, abatement solutions and related services
   10. Edwards India Private Limited 100% · India · manufacture and supply of vacuum products, abatement solutions and related services
   11. HHV Pumps Private Limited 100% · India · manufacture and supply of vacuum products, abatement solutions and related services
   12. Edwards Vacuum Technology Ireland Limited 100% · Ireland · manufacture and supply of vacuum products, abatement solutions and related services
   13. Edwards Israel Vacuum Ltd 100% · Israel · manufacture and supply of vacuum products, abatement solutions and related services
   14. Edwards s.r.l 100% · Italy · manufacture and supply of vacuum products, abatement solutions and related services
   15. Edwards Japan Limited 100% · Japan · manufacture and supply of vacuum products, abatement solutions and related services
   16. Edwards Korea Ltd 100% · South Korea · manufacture and supply of vacuum products, abatement solutions and related services
   17. Vacuum Technique Malaysia Sdn. Bhd. 100% · Malaysia · manufacture and supply of vacuum products, abatement solutions and related services
   18. Vacuum Technique Singapore PTE Ltd 100% · Singapore · manufacture and supply of vacuum products, abatement solutions and related services
   19. Edwards Technologies Limited 100% · Taiwan · manufacture and supply of vacuum products, abatement solutions and related services

Significant events

• “Net profit in current year has decreased significantly, primarily due to the sale of two subsidiaries-Atlas Copco Services s.r.o. and Edwards s.r.o., both incorporated in the Czech Republic-to Atlas Copco Sickla Holding AB, a Group entity during 2023. This transaction, which amounted to €276m (£240m), generating a gain of £230m for the company, was part of a broader restructuring initiative aimed at simplifying the Group's legal structure.”
• “The Board approved a dividend payment to the sole shareholder, Atlas Copco UK Holdings Limited of £800,000,000.”
• “On 24 January 2025 the Company paid an interim dividend for 2024 of £180m to the sole shareholder, Atlas Copco UK Holdings Limited. On 25 April 2025 the Company paid a second interim dividend for 2024 of £55m to the sole shareholder, Atlas Copco UK Holding Limited.”

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

Filings

4

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

  -2.5%

  £961,133,000 → £936,659,000

• Cash

  -65.6%

  £542,947,000 → £186,546,000

• Net assets

  -33.9%

  £1,167,919,000 → £771,741,000

• Employees

  -1%

  1,355 → 1,341

• Operating profit

  -20.1%

  £307,984,000 → £246,075,000

• Profit before tax

  -33.7%

  £686,322,000 → £455,344,000

• Wages

  +4.1%

  £76,962,000 → £80,125,000

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