MEDIAKIND SYSTEMS UK LTD

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

  -17.2%

  £23,095,000 → £19,118,000

• Cash

  +102%

  £966,000 → £1,951,000

• Net assets

  +3.3%

  £28,734,000 → £29,677,000

• Employees

  -21.3%

  160 → 126

• Operating profit

  -60%

  £2,262,000 → £905,000

• Profit before tax

  -48.3%

  £1,858,000 → £961,000

• Wages

  +5.9%

  £13,271,000 → £14,057,000

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. MEDIAKIND SYSTEMS UK LTD 2020-04-21 → present
2. ERICSSON TELEVISION LIMITED 2010-01-21 → 2020-04-21
3. TANDBERG TELEVISION LIMITED 1999-01-14 → 2010-01-21

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

The Corporate Practice Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Directors, after carrying out necessary enquiries and considering the Company's future forecasts and expected profitability, believe that the Company has adequate resources to fund its operations and meet its obligations as they fall due.”

Group structure

1. MEDIAKIND SYSTEMS UK LTD · parent
   1. MK HCSE France SAS 100% · France

Significant events

• “Accrued expense also consist of restructuring liability. Restructuring liabilities primarily include severance costs when management has made a formal decision to eliminate certain positions and this has been communicated to the groups of employees affected and appropriate consultation procedures completed, where appropriate. Staff severance amounting to 1.18 Million is recorded as at 31 December 2024.”
• “Subsequent to the reporting date, the Company discharged a security arrangement originally entered into on 03 April 2023. The arrangement included a fixed charge over the Company's intellectual property rights, a floating charge over all other assets and its undertaking, and a negative pledge restricting the creation of further security interests. The security was formally satisfied on 22 October 2025.”

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

Filings

4

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.