THE EUROTECH GROUP PLC

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

  -12.1%

  £18,276,000 → £16,062,000

• Cash

  +1,137.5%

  £8,000 → £99,000

• Net assets

  -13.1%

  £8,807,000 → £7,655,000

• Employees

  -10.9%

  183 → 163

• Operating profit

  -126.1%

  -£566,000 → -£1,280,000

• Profit before tax

  -92.7%

  -£751,000 → -£1,447,000

• Wages

  -3.6%

  £5,167,000 → £4,980,000

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. THE EUROTECH GROUP PLC 1994-01-01 → present
2. EUROTECH P.C. LIMITED 1991-07-22 → 1994-01-01
3. DERIVEAGENT LIMITED 1991-05-10 → 1991-07-22

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on cashflow forecasts for at least twelve months from the date of approval, and with the headroom available in its invoice discounting facility, the directors are confident that the financial statements should continue to be prepared on a going concern basis.”

Group structure

1. THE EUROTECH GROUP PLC · parent
   1. TWM Technology Limited 100% · UK · manufacture of metal packages
   2. Inverter Fusion Limited 100% · UK · manufacture of welding equipment
   3. Advanced Assembly Solutions Ltd 10% · UK

Significant events

• “During the year, the decision was made to close its Poole site and relocate operations to the group's other sites in Exmouth and Honiton. Restructuring costs have been recognised in these financial statements.”

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

1

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.