UNDERHILL COMMUNICATIONS GROUP LTD

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

Consolidated group

Auditor

Hazlewoods LLP

Audit opinion

Unaudited (audit-exempt)

Going concern

Affirmed

“The directors have prepared forecast information which covers a period of at least 12 months from the date of approval of these financial statements. After reviewing these forecasts, the directors have a reasonable expectation that the group has sufficient resources to continue in operational existence for the foreseeable future. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. UNDERHILL COMMUNICATIONS GROUP LTD · parent
   1. Scientific Group Limited 100% · UK
   2. AS&K Communications Limited 100% · UK
   3. Remedica Communications Limited 100% · UK
   4. AS&K Communications Inc 100% · USA
   5. Remedica Medical Education and Publishing Inc 100% · USA
   6. AS&K Communications GmbH 100% · Germany
   7. EKOL Live Ltd 100% · UK

Significant events

• “We have implemented a new agency management system that is providing better visibility of key project and financial metrics and that will support improved and more agile decision making and boost efficiency.”
• “We have appointed (internal promotion) an Operations and Sustainability Director to oversee and lead efforts to improve efficiencies and spearhead our sustainability efforts.”
• “We are continuing to invest in raising our profile in the medical communications space, focusing particularly on attendance at key medical congresses, and we are involving the Account Management team more in sales activities, including such congress attendance and direct client outreach.”
• “We are also continuing to monitor and engage in the Artificial Intelligence (and other emerging technologies) space with a view to supporting both client ambitions and internal efficiencies.”
• “We are pushing ahead with key sustainability initiatives, including applying for ISO14001 certification.”
• “We signed four MSAs with new clients over the course of the year.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +20.8%

  £7,764,745 → £9,381,365

• Cash

  +62%

  £2,526,441 → £4,093,905

• Net assets

  +35.8%

  £3,422,635 → £4,649,582

• Employees

  -15.8%

  76 → 64

• Operating profit

  +2,632.6%

  £66,772 → £1,824,630

• Profit before tax

  +2,267.1%

  £78,758 → £1,864,272

• Wages

  -3.3%

  £4,247,769 → £4,106,789

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