DELTA-IMPACT 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

  -36.2%

  £12,069,946 → £7,695,841

  lowest in 4 filed years

• Cash

  +60.2%

  £996,514 → £1,596,467

• Net assets

  -26.6%

  £4,242,127 → £3,114,362

• Employees

  -7.7%

  26 → 24

  lowest in 4 filed years

• Operating profit

  -436.3%

  £437,466 → -£1,471,321

  lowest in 4 filed years

• Profit before tax

  -455.4%

  £415,941 → -£1,478,234

  lowest in 4 filed years

• Wages

  -0.3%

  £974,621 → £971,477

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

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared cashflow forecasts for the period of at least 12 months from approval of the financial statements based on external market forecasts, customer demand forecasts and expected changes to product mix. These forecasts indicate that, taking into account severe but plausible downsides, which assume a 10% reduction to expected revenues over the forecast period, the Company and Group is expected to have sufficient funds through its existing short-term asset based lending arrangements to meet its liabilities as they fall due during the forecast period. At 31 December 2024 these arrangements are with Clydesdale Bank plc, trading as Virgin Money.”

Group structure

1. DELTA-IMPACT LIMITED · parent
   1. Matrix Electronics Limited 100% · United Kingdom
   2. Delta Impact (Hong Kong) Limited 100% · NT

Significant events

• “The global economy performance in 2024 continued to be impacted by geo-political instability as the on-going effects of the conflict in Ukraine and rising tensions in the Middle East continued to be felt. Inflation began to subside during 2024, enabling central banks, including the Bank of England, to cautiously initiate interest rate cuts in the second half of the year.”
• “For the electronics distribution market, 2024 was a period of recalibration. The widespread destocking that had begun in 2023 continued in 2024, as customers, having built up excess stock during the prior years of component shortages and supply chain disruptions, normalised their inventory levels. This led to a down-cycle in demand as customer stock levels were managed down.”
• “This market correction meant that distributors across the industry, including Delta, faced slower ordering patterns and ultimately lower sales levels in 2024.”
• “The Loss Before Tax in the year ended 31 December 2024 of £1.5m includes a one off exceptional charge of £1.1m. This one-off cost relates to a customer who entered into administration, which resulted in a bad debt write-off of £0.5m, representing the irrecoverable balance owed by the customer, and a stock write-down of £0.6m, reflecting the impairment of inventory specific to the aforementioned customer, which is no longer saleable. These costs have been treated as exceptional due to their size and non-recurring nature, arising directly from the unexpected administration of a significant customer.”

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.