ULTRA SONAR SYSTEMS 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

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries and considering the recent economic uncertainty, the Board's view is that the Company has sufficient liquidity for the going concern period, being to 30 September 2026. The Parent company has also provided a letter of support to the Directors of the Company stating that it will continue to provide financial and other support to the Company, if necessary, for the Company to continue to trade and pay its liabilities as and when they become due, through to 30 September 2026.”

Significant events

• “During the year, Order Intake was robust at £105m with significant orders received across the business, most notably, the new Canadian Surface Combatant Hull Mounted Sonar & Torpedo Defence order plus follow on contracts for UK Sonobuoys & Vehicle Missile Launcher amongst many other spares & repairs support contract for existing customers.”
• “A provision is recognised for certain contracts with suppliers for which the unavoidable costs of meeting the obligations exceed the economic benefits expected to be received. It is anticipated that these costs will be incurred within two to five years. Other provisions include re-organisation costs and dilapidation costs. Dilapidations will be payable at the end of the contracted life, which is up to fifteen years.”

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

  +5.3%

  £67,669,510 → £71,281,629

• Cash

  -494.8%

  £3,291,348 → -£12,995,145

• Net assets

  +151.4%

  £2,084,720 → £5,240,826

• Employees

  -1.2%

  345 → 341

• Operating profit

  +81.7%

  £2,407,513 → £4,373,803

• Profit before tax

  +64.3%

  £2,301,788 → £3,780,940

• Wages

  -3.4%

  £26,616,839 → £25,714,346

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