VARITRONIX (U.K.) LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-05-07.

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

  -10.6%

  £34,329,973 → £30,689,120

• Cash

  +80.1%

  £5,357,074 → £9,647,203

  highest in 6 filed years

• Net assets

  +1.5%

  £14,436,557 → £14,660,013

• Employees

  +18.2%

  11 → 13

• Operating profit

  -86%

  £2,281,233 → £319,642

• Profit before tax

  -86.1%

  £2,274,486 → £315,573

• Wages

  -21.7%

  £1,067,937 → £836,370

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. VARITRONIX (U.K.) LIMITED 1990-05-25 → present
2. SPEED 198 LIMITED 1990-04-27 → 1990-05-25

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Beavis Morgan Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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 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.”

Significant events

• “Profits were primarily impacted by a reduction in revenue due to high interest rates depressing customer purchasing in the year. This has resulted in an increase in stock held on the balance sheet of £4,279,378 (2023: £1,891,085) held for major customers for just in time order purchases.”
• “The market that the company operates in (primarily automotive) continues to face multiple challenges such as inflation and interest rate rises (caused by the Russian war on Ukraine, driving up fuel costs), leading to financing / funding problems for many customers, so some new programs will be delayed until the market conditions are more favourable in Europe.”

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

1

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.