ULTRA ELECTRONICS CEMS LIMITED

• ⚠

  Material uncertainty over going concern

  That this regulatory review is ongoing and the acquisition is expected by the Directors to complete during the going concern review period together give rise to a material uncertainty that may cast significant doubt over the Company's ability to continue as a going concern given that, when the acquisition completes, the future plans for the business will be outside of the control of the current Directors.

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

Material uncertainty disclosed

“That this regulatory review is ongoing and the acquisition is expected by the Directors to complete during the going concern review period together give rise to a material uncertainty that may cast significant doubt over the Company's ability to continue as a going concern given that, when the acquisition completes, the future plans for the business will be outside of the control of the current Directors.”

Significant events

• “The acquisition of the parent Company, Ultra PCS Limited, by Eaton Corporation plc. was announced on 16 June 2025 for a purchase price of $1.55 billion. Completion of the acquisition is contingent upon receipt of approval from the relevant UK Government authority under the National Security and Investment Act 2021. This regulatory review is ongoing at the date of the signing of these accounts.”

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

Filings

9

last 12 months

Capital events

1

last 24 months

Officers appointed

2

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

  +27.3%

  £15,001,678 → £19,100,137

• Cash

  -13.3%

  £4,999,178 → £4,333,021

• Net assets

  +231.4%

  -£482,999 → £634,574

• Employees

  -2.2%

  91 → 89

• Operating profit

  +1,281.6%

  £156,521 → £2,162,520

• Profit before tax

  +234.3%

  -£820,161 → £1,101,478

• Wages

  +4.2%

  £3,092,356 → £3,223,740

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