PICO TECHNOLOGY (HOLDINGS) 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

  -0.7%

  £37,054,000 → £36,794,000

• Cash

  +18.5%

  £21,507,000 → £25,482,000

• Net assets

  +4.1%

  £40,131,000 → £41,763,000

• Employees

  +0.5%

  185 → 186

• Operating profit

  -22.8%

  £7,988,000 → £6,170,000

• Profit before tax

  -19.2%

  £8,637,000 → £6,980,000

• Wages

  +8.7%

  £10,512,000 → £11,424,000

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Streets Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the Consolidated Financial Statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the Consolidated 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 group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the Consolidated Financial Statements are authorised for issue.”

Group structure

1. PICO TECHNOLOGY (HOLDINGS) LIMITED · parent
   1. Pico Technology Limited 100% · software development and manufacture of software and electrical products
   2. Pico North America Holdings Inc. 100%
   3. Pico North America Inc. 65%
   4. Eltesta 50%
   5. Pico Gmbh 100%

Significant events

• “The group is looking to achieve turnover growth during the forthcoming year. Employee numbers grew again, and we have a good record of staff retention, helped by a generous pay structure and wide-ranging staff benefits.”
• “Research and development expenditure by the group in the year amounted to £3.5m (2024 £2.9m).”

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

Filings

5

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.