POLARIS VISION SYSTEMS EU 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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Martin Aitken & Co Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. After assessing all potential impacts and future commitments, the directors have confirmed that there is a reasonable expectation that the company can continue in operational existence for the foreseeable future.”

Significant events

• “The company demonstrated satisfactory performance, despite the continued challenges arising from political and economic difficulties caused by the war in Ukraine.”
• “The directors anticipate further restrictions to the market and business development caused by global political and economic situations triggered by the Russian invasion into Ukraine, as a significant part of the manufacturing capacities of the companies within the Yukon Advanced Optics Worldwide Group are located in neighbouring countries.”
• “In December 2024, tangible fixed assets held by the company with £nil net book value, were transferred to V Dasiekevich on cessation of his employment with the company for £1,057, being 40% of their initial cost.”

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

  -14.3%

  £14,900,941 → £12,768,633

• Cash

  +104.3%

  £1,375,454 → £2,809,733

• Net assets

  +43.2%

  £3,765,505 → £5,393,917

• Employees

  0%

  26 → 26

• Operating profit

  -18.5%

  £2,655,501 → £2,162,974

• Profit before tax

  -17.7%

  £2,640,654 → £2,174,205

• Wages

  +20.5%

  £878,529 → £1,058,895

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