ET ENTERPRISES LIMITED
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Cash
£1.3m
-7% lowest in 4 filed years
Net assets
£6.3m
+4% highest in 4 filed years
Employees
87
-1.1% vs 2024
Profit before tax
£334k
+54.2% vs 2024
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £7,848,910 | £8,270,235 | £7,858,877 | £8,121,492 | +3.3% | |
| Operating profit | £643,305 | £681,180 | £291,080 | £409,542 | +40.7% | |
| Profit before tax | £568,456 | £606,361 | £216,778 | £334,248 | +54.2% | |
| Net profit | £490,675 | £442,652 | £196,778 | £243,087 | +23.5% | |
| Cash | £1,571,403 | £1,527,461 | £1,422,723 | £1,323,436 | -7% | |
| Total assets less current liabilities | £7,494,705 | £8,009,510 | £8,206,287 | £8,170,239 | -0.4% | |
| Net assets | £5,447,978 | £5,890,630 | £6,087,408 | £6,330,495 | +4% | |
| Equity | £5,447,978 | £5,890,630 | £6,087,408 | £6,330,495 | +4% | |
| Average employees | 82 | 89 | 88 | 87 | -1.1% | |
| Wages | £3,165,654 | £3,353,677 | £3,597,293 | £3,730,288 | +3.7% | |
| Directors' remuneration | £128,393 | £144,230 | £154,188 | £160,606 | +4.2% | |
| Directors' pension contributions | £NaN | £26,056 | £27,521 | £28,892 | +5% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | 8.2% | 8.2% | 3.7% | 5.0% | |
| Net margin | 6.3% | 5.4% | 2.5% | 3.0% | |
| Return on capital employed | 8.6% | 8.5% | 3.5% | 5.0% | |
| Gearing (liabilities / total assets) | 34.9% | 34.2% | 32.1% | 29.7% | |
| Current ratio | — | 6.75x | 8.45x | 7.77x | |
| Interest cover | 8.35x | 8.89x | 3.89x | 5.26x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have formed a judgement at the time of approving the financial statements that the Company has adequate resources available to continue operating for at least 12 months and conclude that there are no material uncertainties relating to events or conditions that may cast doubt over the ability of the company to continue as a going concern.”
Group structure
- ET ENTERPRISES LIMITED · parent
- Ludlum Measurements Inc 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHAMBERS, Gary | Secretary | 2009-12-01 | — | — |
| CORMACK, Andrew James, Dr | Director | 2016-09-01 | Sep 1971 | British |
| LUDLUM, Laurence Merl | Director | 2007-02-15 | Sep 1957 | American |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SPEARS, Richard Lyndel | Secretary | 2008-02-12 | 2009-11-27 |
| SPEARS, Richard Lyndel | Secretary | 2007-02-15 | 2007-02-15 |
| INGLEBY NOMINEES LIMITED | Corporate Secretary | 2007-02-05 | 2008-02-12 |
| LUDLUM, Donald George | Director | 2007-02-15 | 2015-02-20 |
| LUDLUM, Robert Andrew | Director | 2007-02-15 | 2007-06-24 |
| LUDLUM, Stella Irene | Director | 2007-02-15 | 2018-02-22 |
| MCALPINE, Ronald Marshall | Director | 2007-02-15 | 2016-08-31 |
| INGLEBY HOLDINGS LIMITED | Corporate Director | 2007-02-05 | 2007-02-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ludlum Measurements Inc | Corporate entity | Shares 75–100% | 2016-05-06 | Active |
Filing timeline
Last 20 of 79 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-01-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-21 | AA | accounts | Accounts with accounts type full | |
| 2026-02-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-24 | AA | accounts | Accounts with accounts type full | |
| 2025-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-23 | AA | accounts | Accounts with accounts type full | |
| 2024-02-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-20 | AA | accounts | Accounts with accounts type full | |
| 2023-02-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-06 | RESOLUTIONS | resolution | Resolution | |
| 2022-09-12 | AA | accounts | Accounts with accounts type full | |
| 2022-03-17 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2022-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-07 | AA | accounts | Accounts with accounts type full | |
| 2021-02-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-09 | AA | accounts | Accounts with accounts type full | |
| 2020-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-12 | AA | accounts | Accounts with accounts type full | |
| 2019-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-05-03 | AA | accounts | Accounts with accounts type full | |
| 2018-02-28 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.