HUBA CONTROL AG — The Accounts

Net assets

2-year trend · vs Unclassified median

HUBA CONTROL AG·Unclassified median · n=255

Accounts

2-year trend · latest reflected 2024-12-31

Metric	2023-12-31	2024-12-31
Turnover	£123,821,000	£90,916,640
Operating profit	£684,920	-£1,380,378
Profit before tax	-£1,572,781	-£784,674
Net profit	-£1,398,103	£36,002
Cash	£14,946,062	£21,301,667
Total assets less current liabilities	£113,762,443	£111,471,050
Net assets	£87,532,801	£82,446,408
Equity	£87,532,801	£82,446,408
Average employees	589	474
Wages	£42,834,044	£33,723,361

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2023-12-31	2024-12-31
Operating margin	0.6%	-1.5%
Net margin	-1.1%	0.0%
Return on capital employed	0.6%	-1.2%
Gearing (liabilities / total assets)	34.1%	39.1%
Current ratio	3.70x	2.84x
Interest cover	0.27x	-2.60x

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.

Audit & accounting basis

Accounting basis: IFRS
Reporting scope: Consolidated group
Auditor: Ernst & Young Ltd
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“The consolidated financial statements of Huba Control have been prepared on the basis of the going concern assumption.”

Group structure

HUBA CONTROL AG · parent
1. Huba Control Technology Chengdu Ltd. 100% · Chengdu, PRC
2. Huba Control USA Inc. 100% · Waltham (MA), USA
3. Huba Control Italy Srl. 100% · Arcisate (VA), Italy
4. Huba Control APAC Pte Ltd. 100% · Singapore, Singapore

Significant events

“As per 9 February 2023, Huba Control APAC Pte Ltd., was incorporated as a direct and 100% subsidiary of Huba Control AG.”
“In 2024, the Company completed the sale of this land for total net proceeds of CHF 5,319 thousand, resulting in a gain of CHF 2,177 thousand, which was recognized in the statement of profit or loss under Other Income.”
“The loan agreement for the bank loan mentioned in note 18 has been changed in April 2025, in the sense that effectively the redemption schedule has been extended by 2 quarters. The last redemption payment of CHF 2,000 thousand is now due on 31 December 2027 instead of the original date of 30 June 2027.”
“Additionally, a net debt to EBITDA covenant-ratio of 2.5 has been introduced to replace the original debt to EBITDA covenant ratio.”

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

People

2 active · 7 resigned

Name	Role	Appointed	Born	Nationality
HENDRIKS, Edwin	Director	2024-06-10	Jun 1972	Dutch
SCHAERER, Oliver	Director	2024-06-10	Jul 1983	Swiss

Show 7 resigned officers

Name	Role	Appointed	Resigned
CAPITANIO, Alessandro	Secretary	2001-01-04	2017-11-01
ACHERMANN, David, Dr	Director	2021-11-12	2024-06-10
BACHLI, Rolf	Director	2001-01-04	2017-11-01
LIECKFELDT, Siegfried	Director	2001-01-04	2012-12-13
MEIER, Roger Hans	Director	2001-01-04	2021-11-12
PICARD, Raymond Erwin	Director	2001-01-04	2012-12-13
VOSER, Urs Gerhard	Director	2001-01-04	2024-06-10

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 52 total filings

Date	Type	Category	Description
2025-09-29	AA	accounts	Accounts with accounts type group
2024-12-13	OSAP01	officers	Appoint person director overseas company with name appointment date
2024-10-23	OSTM01	officers	Termination person director overseas company with name termination date
2024-10-23	OSTM01	officers	Termination person director overseas company with name termination date
2024-10-23	OSAP01	officers	Appoint person director overseas company with name appointment date
2024-09-02	OSTM03	officers	Termination person authorised overseas company
2024-09-02	OSAP05	officers	Appoint person authorised represent overseas company with appointment date
2024-08-09	AA	accounts	Accounts with accounts type group
2023-07-07	AA	accounts	Accounts with accounts type full
2022-06-15	AA	accounts	Accounts with accounts type full
2021-12-06	OSTM01	officers	Termination person director overseas company with name termination date
2021-12-06	OSAP01	officers	Appoint person director overseas company with name appointment date
2021-03-31	AA01	accounts	Change account reference date company current extended
2021-03-02	AA	accounts	Accounts with accounts type full
2020-12-15	OSCH07	officers	Change person authorised overseas company with change date
2020-11-19	OSCH03	officers	Change person director overseas company with change date
2020-11-19	OSCH03	officers	Change person director overseas company with change date
2020-02-17	AA	accounts	Accounts with accounts type full
2019-03-13	AA	accounts	Accounts with accounts type full
2018-02-12	AA	accounts	Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 1
Capital events: 0
Officers appointed: 0
Officers resigned: 0

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

-26.6%

£123,821,000 £90,916,640
Cash

+42.5%

£14,946,062 £21,301,667
Net assets

-5.8%

£87,532,801 £82,446,408
Employees

-19.5%

589 474
Operating profit

-301.5%

£684,920 -£1,380,378
Profit before tax

+50.1%

-£1,572,781 -£784,674
Wages

-21.3%

£42,834,044 £33,723,361

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