AMA CORPORATION PLC

1. AMA CORPORATION PLC 2021-06-15 → present
2. AMA CORPORATION LTD 2016-08-23 → 2021-06-15

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

Macalvins Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. In adopting the going concern basis, the directors have considered the business activities as set out in the Strategic report on pages 4 to 12, the financial position of the Group, its cash flows, liquidity position and borrowing facilities as set out in the Consolidated Financial Statements on pages 37 to 91, the Group's principal risks and uncertainties as set out on pages 15 to 21. At the end of December 2024, the Group had available liquidity of €5.8m and undrawn credit lines of €11m in April 2025. After making different scenario and forecasts on the level of activity and revenues due to the uncertainties linked to the risks described on pages 15 to 21, and especially the technological risk, the directors believe that the Group is well placed to manage its financing and other significant risks satisfactorily and that the Group will be able to operate within the level of its facilities for the foreseeable future, being a period of at least 12 months from the approval of the financial statements.”

Group structure

1. AMA CORPORATION PLC · parent
   1. AMA SA 98.86% · France · Parent company
   2. AMA Xperteye Inc 98.2% · US · Distribution & support functions
   3. AMA Limited 98.2% · UK · Sale and distribution of the XpertEye solution (smart glasses collaboration technology) in the UK

Significant events

• “In the first half 2024, AMA launched a global savings plan focused on scaling back its workforce by more than 20 positions in France and 6 in other countries, with one non-priority commercial business units shut down in China and the management of the customers reassigned to the other subsidiaries.”
• “On January 24, 2024, AMA Corporation Plc's wholly-owned Italian subsidiary, AMA Xperteye SRL, and on September 10, 2024, AMA L'oeil de l'expert Inc (Canada) underwent liquidation.”
• “In January 2025, AMA Corporation Plc's wholly-owned Romanian subsidiary, AMA Xperteye SRL, underwent liquidation.”

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

Filings

12

last 12 months

Capital events

3

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

  -17.4%

  £2,611,824 → £2,158,460

• Cash

  -38%

  £8,139,736 → £5,045,943

• Net assets

  -55.9%

  £5,013,870 → £2,209,605

• Employees

  -27.5%

  80 → 58

• Operating profit

  +16.5%

  -£7,018,031 → -£5,862,517

• Profit before tax

  +8.6%

  -£6,974,688 → -£6,372,226

• Wages

  -27.4%

  £3,717,060 → £2,696,775

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