PROLABS (UK) LIMITED

1. PROLABS (UK) LIMITED 2013-07-09 → present
2. ZYCKO GROUP LIMITED 2012-11-08 → 2013-07-09
3. OVAL (2255) LIMITED 2012-08-30 → 2012-11-08

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

Dains Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In making our assessment the directors do not consider there to be any other material uncertainty relating to events or conditions that individually or collectively may cast significant doubt on the company's ability to continue as a going concern. The company therefore continues to adopt the going concern basis in preparing these financial statements.”

Significant events

• “Turnover for the year has increased by 29% on prior year from $26,896,000 to $34,792,000. This has been due to securing key customer contracts for strategic projects. Primarily in relation to the construction of new data centers.”
• “Gross profit margin improved by 3.4 percentage points due to the change in sales mix. EBITDA has increased by 190% from $1,563,000 to $4,528,000. This has been driven by the increase in sales while keeping close control on overhead costs.”
• “The war in Ukraine has not significantly impacted the supply chain, despite that both Russia and Ukraine produce essential raw materials for chip production. Any potential risks have been mitigated by a diversified supplier base and a purchasing strategy that anticipates customer demand.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  +29.4%

  £19,937,732 → £25,790,956

• Cash

  +38.4%

  £1,986,657 → £2,749,444

• Net assets

  +35.7%

  £5,760,563 → £7,815,419

• Employees

  -1.7%

  59 → 58

• Operating profit

  +428.1%

  £537,435 → £2,838,399

• Profit before tax

  +550.9%

  £419,570 → £2,730,912

• Wages

  +25.1%

  £4,449,222 → £5,564,122

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