ODL EUROPE 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

  +5.6%

  £16,017,400 → £16,910,874

• Cash

  -77.1%

  £1,422,819 → £326,309

  lowest in 3 filed years

• Net assets

  -242.6%

  -£116,186 → -£398,089

  lowest in 3 filed years

• Employees

  -7%

  57 → 53

  lowest in 3 filed years

• Operating profit

  +59.6%

  -£780,091 → -£315,221

• Profit before tax

  +47.6%

  -£953,811 → -£500,220

  highest in 3 filed years

• Wages

  -1.3%

  £2,302,741 → £2,272,405

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. ODL EUROPE LIMITED 2005-11-14 → present
2. VIEWLITE LIMITED 2005-01-28 → 2005-11-14
3. ODL ACQUISITION COMPANY LIMITED 2004-12-22 → 2005-01-28

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

MHA

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

• “In 2024, turnover increased by £900k year-on-year, with gross profit rising from 19.10% to 20.96%. There was an increase in cost of goods sold which was largely driven by higher inbound freight costs, reflecting geopolitical instability, container shortages, and rising demand. Administration expenses remained stable at £3.9 million, while the bad and doubtful debt provision was increased due to a major customer entering liquidation in December 2024.”
• “Principal risks and uncertainties: Market trends and the cost-of-living environment. Economic and political uncertainty. Supply chain pricing and reliability. Labour availability; and Competitor activity.”

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.