COSMOS TOPCO LIMITED

1. COSMOS TOPCO LIMITED 2020-08-31 → present
2. FIRE TOPCO LIMITED 2020-07-17 → 2020-08-31
3. HAMSARD 3569 LIMITED 2020-06-16 → 2020-07-17

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors believe that it is appropriate to prepare the financial statements on the going concern basis, having considered that the Group meets its day to day working capital requirements through its long-term bank facilities, revolving credit facility and cash generated from operations. The Group's forecast, including sensitivity analysis, was prepared showing that there is sufficient cash headroom for the Group to meet its liabilities as they fall due and that all covenant requirements will be met in the 12 months following the date the financial statements are signed. The financial statements are prepared on the going concern basis.”

Group structure

1. COSMOS TOPCO LIMITED · parent
   1. Cosmos Midco Limited 100% · UK · Holding Company
   2. Cosmos Bidco Limited 100% · UK · Holding Company
   3. CSL Communications Group Limited 100% · UK · Holding Company
   4. CSL Dualcom Group Limited 100% · UK · Holding Company
   5. CSL Dualcom AB 100% · Sweden · Marketing of electronic security products
   6. Dualcom Holdings Limited 100% · UK · Holding Company
   7. CSL (Dualcom) Limited 100% · UK · Development and marketing of electronic security products
   8. CSL Benelux B.V. 100% · Holland · Marketing of electronic security products
   9. CSL Iberia S.L. 100% · Spain · Marketing of electronic security products
   10. Cosmos EBT & Nominee Limited 100% · UK · Employee Benefit Trust
   11. Caburn Group Limited 100% · UK · Holding company
   12. M2M Intelligence Limited 100% · UK · Marketing and resale of IOT connectivity
   13. Caburn Telecom Limited 100% · UK · Marketing and resale of IOT connectivity
   14. Caburn Telecom B.V. 100% · Holland · Marketing and resale of IOT connectivity
   15. CSL Americas Inc 100% · USA · Marketing and resale of IOT connectivity

Significant events

• “On February 1st 2025 the Group acquired the trade and assets of Minhoco 84 Limited (trading as EdgeConnect). EdgeConnect specialises in the supply and installation of complex mobile connectivity solutions used, primarily, in the construction and utilities sectors.”
• “During the year, the Group was ranked as one of the UK's Top 10 Best Workplaces™ for 2025 by Great Place To Work UK.”
• “The Group has been awarded ISO14001 accreditation for the implementation of an effective environmental management system.”
• “As a result of the acquisition of the CSL Group in July 2020 a fair value adjustment was recognised in relation to deferred connection fee revenue which is recognised over seven years. This value of £3,315k increased the net loss and decreased revenue for the current year by £350k (2024: £534k) and will continue to reduce net profit until June 2027.”
• “Subsequent to the year end it has been brought to the attention of the Directors that the Company has received historic tax losses surrendered by another UK Group company (in line with the Corporation Act 2010) without consideration, which represents an unlawful distribution of assets with intrinsic value by the other UK group Company. There is no impact on consolidated Group financial statements as it is an intra-group transaction.”

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

4

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +28.6%

  £68,872,000 → £88,590,000

• Cash

  +13.5%

  £5,169,000 → £5,867,000

• Net assets

  -27.3%

  -£163,815,000 → -£208,480,000

• Employees

  +20.7%

  208 → 251

• Operating profit

  +52.3%

  -£15,896,000 → -£7,575,000

• Profit before tax

  +11.7%

  -£49,836,000 → -£44,002,000

• Wages

  -2.6%

  £15,476,000 → £15,075,000

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