SOUTH MIDLANDS COMMUNICATIONS 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

• Turnover

  -31%

  £7,939,895 → £5,481,802

• Cash

  -66.1%

  £826,281 → £280,100

  lowest in 4 filed years

• Net assets

  -16.1%

  £9,085,621 → £7,621,613

  lowest in 3 filed years

• Employees

  +9.6%

  52 → 57

  highest in 4 filed years

• Operating profit

  -364.9%

  £590,999 → -£1,565,343

• Profit before tax

  -364.5%

  £591,174 → -£1,563,673

• Wages

  +18.6%

  £2,201,896 → £2,610,640

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

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 102

Reporting scope

Consolidated group

Auditor

Shaw Gibbs (Audit) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. SOUTH MIDLANDS COMMUNICATIONS LIMITED · parent
   1. Communication Technical Services Limited 100% · Dormant
   2. Hilomast Limited 100% · Dormant
   3. Hilomast LLC 100% · USA · Mast manufacture and sales

Significant events

• “The executive management team's focus in the financial year was directed towards a digital library with intention of offering licences to manufacturing industries around the globe. The Digital Library was unproven and redirected focus away from the core business and legacy customers. A consequence of this redirected focus away from the traditional manufacturing business, resulted in a loss of £1,283,136”
• “Third party licences risked loss of IP, quality deterioration, core customer dissatisfaction and consequent reputational damage.”
• “Import Tariffs imposed by the US Government created uncertainties, increasing costs of raw materials, and increasing costs for US customers which represent in excess of 50% of SMC's customer base.”
• “Exchange rate fluctuations affecting both costs to customers and funds received in the UK accounts.”
• “Cyber attacks - mitigated against with robust Cyber Security practices, in house full time cyber security manager and have Cyber Essentials Plus certification.”
• “On the 16th October 2025 South Midlands Communications Limited purchased back 120,447 of the hurdle shares for a total consideration of £1,204.47.”

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

Filings

5

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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