CONVATEC LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  +35.3%

  £245,188,000 → £331,649,000

• Cash

  -79.9%

  £293,000 → £59,000

• Net assets

  +12.4%

  £246,537,000 → £277,035,000

• Employees

  +2%

  1,046 → 1,067

• Operating profit

  +3.4%

  £34,633,000 → £35,827,000

• Profit before tax

  -2.7%

  £35,678,000 → £34,704,000

• Wages

  +14.6%

  £73,311,000 → £84,001,000

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

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.

1. CONVATEC LIMITED 1989-02-27 → present
2. SQUIBB SURGICARE LIMITED 1977-04-21 → 1989-02-27

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having considered the Company's business activities, principal risks, uncertainties and the current uncertain economic environment, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a minimum of 12 months from the date of signing the accounts. The Company continues to generate strong profit and cash flows and expects to continue to do so for at least the 12 months from the date of signing.”

Group structure

1. CONVATEC LIMITED · parent
   1. Convatec Accessories Limited 100% · United Kingdom · Dormant company
   2. Convatec Speciality Fibres Limited 100% · United Kingdom · Dormant company
   3. Starlight Science Limited 100% · United Kingdom · Research & Development

Significant events

• “Effective 1 October 2024, Convatec Limited restructured its transactional supply chain under "Project Quartzite." Previously, Convatec International Services GmbH (CISG), a Swiss entity, acted as the Group's Master Distributor ("GMD"), purchasing and distributing products.”
• “The balance sheet of the financial statements shows that the Company's financial position at the year-end has increased in net asset terms by £30.5 million to £277.0 million (2023: £246.5 million), driven by the retained profit for the year.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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