NIO COMM 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

  +16.6%

  £23,794,783 → £27,752,729

• Cash

  +27.6%

  £2,038,167 → £2,601,482

  highest in 6 filed years

• Net assets

  -1.3%

  £5,338,188 → £5,270,147

• Employees

  +8.3%

  72 → 78

  highest in 6 filed years

• Operating profit

  -38.9%

  £3,669,935 → £2,240,559

• Profit before tax

  -39.1%

  £3,718,565 → £2,263,576

• Wages

  +11.3%

  £3,094,283 → £3,444,147

  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.

1. NIO COMM LTD 2017-01-31 → present
2. NIO SERVICES LTD 2008-02-05 → 2017-01-31

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Sumer Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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. Based on these assessments and having regard to the resources available to the company, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements.”

Significant events

• “Following discussions with our clients it became clear towards the end of 2024 that the industry would see a major downturn in activity. To reflect this NIO Comm Limited has now transitioned to a smaller leaner business that will focus on small scale builds and network maintenance.”

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

Filings

2

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.