NNL HOLDINGS 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

IFRS

Reporting scope

Consolidated group

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the detailed cash flow forecasts prepared by management, which included any reasonably possible change in key assumptions on which the cash flow forecasts themselves were based, the directors continue to believe that there is a reasonable expectation that the NNL Group has adequate resources to continue to adopt the going concern basis in preparing these financial statements.”

Group structure

1. NNL HOLDINGS LIMITED · parent
   1. National Nuclear Laboratory Limited 100% · United Kingdom
   2. Nexia Solutions Limited 100% · United Kingdom · dormant

Significant events

• “As we entered the financial year, NNL was recovering from the impact of a legacy issue with the radiological shielding of manipulator ports within our Active Handling Facility (AHF). The return to service plan for AHF has been closely managed and held throughout the year, seeing our facility coming back online in a phased programme to support business delivery. Whilst we continue to achieve our targets relating to safety and security we did encounter both a significant event and two near misses in the financial year.”
• “Immediately prior to the year end we were notified that Sellafield Limited have taken the decision to bring the Replacement Analytical Project (RAP) to a strategic pause. This decision will have implications for our people, finances and facilities and we are working closely with Sellafield to manage these implications.”

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

2

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

  +15.8%

  £128,627,000 → £148,964,000

• Cash

  -15.2%

  £50,743,000 → £43,036,000

• Net assets

  -7.1%

  £103,297,000 → £95,959,000

• Employees

  +5.5%

  1,430 → 1,509

• Operating profit

  +1.5%

  -£15,863,000 → -£15,624,000

• Profit before tax

  -23.5%

  -£13,434,000 → -£16,592,000

• Wages

  +13.7%

  £90,175,000 → £102,568,000

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