IMETEC UK 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

  -38.2%

  £18,676,074 → £11,551,010

  lowest in 3 filed years

• Cash

  -59.4%

  £689,726 → £280,311

  lowest in 5 filed years

• Net assets

  -25.4%

  £4,067,225 → £3,034,148

• Employees

  +36.4%

  11 → 15

  highest in 5 filed years

• Operating profit

  -147.2%

  £1,277,286 → -£602,284

  lowest in 3 filed years

• Profit before tax

  -225.6%

  £1,045,455 → -£1,313,478

  lowest in 3 filed years

• Wages

  +4%

  £867,735 → £902,100

  highest in 3 filed years

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

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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

• “The positive trend in the electric blanket market in recent years has attracted new entrants and prompted several major retailers to launch their own dedicated product lines. However, the expansion of offerings has been hampered by mild temperatures during the key months of October to January, creating a challenging environment for the heated textile category. Retailers have increasingly prioritised the sale of own-brand products, often to the detriment of established market leaders like Dreamland. This market situation was the cause of the decline in revenue recorded in 2024/25.”
• “The company closed the year with inventory levels higher than expected, a direct result of weaker market conditions. However, inventory levels remained lower than the previous year, and the Board of Directors remains confident in the marketability of existing inventory and the strength of its commercial partnerships ahead of the next cycle.”

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

1

last 12 months

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