INTEC MICROSYSTEMS 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

  +1.4%

  £70,721,900 → £71,745,101

• Cash

  +7.7%

  £1,599,388 → £1,721,782

  highest in 4 filed years

• Net assets

  -23.2%

  £8,292,639 → £6,372,811

  lowest in 4 filed years

• Employees

  +14.5%

  69 → 79

  highest in 4 filed years

• Operating profit

  +27.9%

  -£1,671,770 → -£1,205,178

• Profit before tax

  +12.4%

  -£2,200,245 → -£1,926,789

• Wages

  +17.8%

  £3,367,605 → £3,966,078

  highest in 4 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

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“There has been challenges in the last 2 years of trade resulting in losses in both FY23 and FY24. This has resulted in the business needing to address the cost structure and define a clear strategy to provide a modest uplift in sales to return to profitability. In May 2025 a new funding partner was onboarded with a 36-month deal of the back of the restructure and forecast for the financials and cash flow of the business. The restructure of the business has been finalised in June to remove £1.6m of cost. This coupled with the increase in sales seen in Q3 has helped the business to return to profitability. As this is still in the early days of recovery the risk remains. However, the headroom is being maintained and the signs are encouraging. There are other options the business has considered if the growth is not maintained to ensure the business remains profitable. At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “In April 2024, Gerry O'Keeffe joined Intec as non-executive Chairman. Gerry has over 30 years of experience building service-led distribution businesses in the technology sector.”
• “John Hayes-Warren, who joined as Intec CEO in October 2024 with the primary objective of delivering a clear, customer-focused strategy for growth.”
• “Restructuring of the business was devised, resulting in £1.6m of efficiencies.”
• “This was executed in 2025, along with a new invoice discounting partner, IGF, which committed to a 36-month deal at the end of May 2025.”
• “The audit business of UHY Hacker Young Manchester LLP was acquired by Cooper Parry Group Limited on 30th September 2024. UHY Hacker Young Manchester LLP has resigned as auditor and Cooper Parry Group Limited has been appointed in its place.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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