ENERMECH SERVICES LIMITED

1. ENERMECH SERVICES LIMITED 2010-10-18 → present
2. SPECIALIST MAINTENANCE SERVICES LIMITED 1992-11-02 → 2010-10-18
3. COLIN BALL CRANE SERVICES LIMITED 1988-12-01 → 1992-11-02
4. COLIN BALL CRANE SERVICE LIMITED 1988-02-09 → 1988-12-01
5. PLACE D'OR 128 LIMITED 1987-12-18 → 1988-02-09

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

“The accompanying financial statements have been prepared on a going concern basis, which assumes the realisation of assets and the settlement of liabilities in the normal course of business. The Company is part of a group headed by EnerMech Topco Limited (the "Group"), and the Company's going concern position is inherently linked to that of the Group, given the integrated nature of the Group's financial and operational structure. To further strengthen Company's ability to continue as a going concern, a letter of parental support has been received to ensure ongoing financial stability is secure. During 2024, the Group continued to implement its strategic plan following the recapitalisation completed in March 2024. This included actions to improve margins, reduce costs, and enhance cash flow. The Group also secured £43 million of additional shareholder funding in January 2025 to address legacy liabilities. The Group's updated forecasts indicate that it has sufficient liquidity to meet its financial obligations as they fall due for a period to 31 December 2026. Based on this assessment, the Directors have concluded that it is appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “Subsequent to the year-end, the Company recommenced trading to deliver a high-pressure leak testing contract in Mauritania. The Board expects activity to continue during 2025 in connection with this engagement.”
• “In January 2025, the Group secured an additional £43 million of shareholder funding commitments to address certain legacy liabilities. £30 million has been subsequently drawn down; the remaining £13 million remains undrawn as of the time of signing these accounts, but available if required. This new facility carries terms consistent with the Group's existing debt facilities.”

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

Filings

4

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +424.2%

  -£1,539,000 → £4,990,000

• Employees

  —

  Not reported

• Operating profit

  +290.3%

  -£3,308,000 → £6,296,000

• Profit before tax

  +312.2%

  -£3,077,000 → £6,529,000

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