NEDERMAN 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

  -6.2%

  £21,878,000 → £20,511,000

• Cash

  -68.4%

  £4,904,000 → £1,548,000

• Net assets

  -32%

  £5,833,000 → £3,969,000

• Employees

  +5%

  100 → 105

• Operating profit

  -6.6%

  £1,793,000 → £1,675,000

• Profit before tax

  -18.1%

  £2,142,000 → £1,755,000

• Wages

  +4.3%

  £2,868,000 → £2,990,000

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board has obtained a written confirmation of financial support from its parent undertaking, Nederman Holding AB, who has confirmed it will provide financial support to assist the company to meet it's liabilities as and when they fall due, but only to the extent that money is not otherwise available to the company to meet such liabilities, for the period to 31st December 2025. The Directors, having made the relevant enquiries and having reviewed the parent company's latest financial statements, are satisfied that the parent undertaking has adequate resources to provide any support to the Company, if required. As a result, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.”

Significant events

• “Turnover from continuing operations declined by 6% during the year, primarily due to a reduction in sales from a limited number of key customers. However, the outlook for the next financial year remains positive, supported by encouraging developments in the ducting segment of the business.”
• “Operating profit declined by 7% during the year, primarily driven by the decrease in turnover despite disciplined cost management. The business responded to rising raw material costs by implementing price increases, which were passed on to customers where possible.”
• “Profit after tax reduced by 32% due to increases in costs and chronological decreases in turnover.”
• “The company has paid the dividends outlined below to Nederman Holding AB. 26/02/2024 £2,000,000 05/04/2024 £1,000,000”

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

Filings

3

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.