EDMI EUROPE LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +13.7%

  £70,650,000 → £80,354,000

• Cash

  +138.7%

  £1,042,000 → £2,487,000

• Net assets

  +7.7%

  £20,409,000 → £21,988,000

• Employees

  -11.8%

  76 → 67

• Operating profit

  +15.6%

  £2,070,000 → £2,393,000

• Profit before tax

  -24.9%

  £2,412,000 → £1,812,000

• Wages

  -16.9%

  £5,531,000 → £4,599,000

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.

1. EDMI EUROPE LIMITED 2011-12-13 → present
2. TIMEC 1333 LIMITED 2011-10-14 → 2011-12-13

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which assumes that the Company will continue to meet its liabilities as they fall due for at least one year from the date of approval of these financial statements. The Company's business activities, together with factors likely to affect its future development, performance and position are set out in the Strategic Report. At the reporting date the Company had net current assets of £13,246k (2024: net current assets £5,124k). The Company meets its day to day working capital requirements through cash generated from operations and bank facilities. These facilities are a £10m revolving credit facility which has recently been renewed until 31 March 2027, of which £1m was drawn down at 31 December 2025. Detailed budgets for the period to 31 December 2026 together with outline forecasts up to the year ended 31 December 2027 have been prepared. Management have considered cash flow forecasts for the period to 31 March 2027 for their going concern considerations. After making enquiries, the Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Based on the factors set out above, the Directors believe that it remains appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “During 2025 the Company has seen continued investment in research and development in both electricity and gas metering and the Company is on track to meet the targets of the UK smart metering roll out.”
• “The gross margin decreased to 10.5% (2024:13%). Profit after tax decreased to £1.6 million (2024: Profit £1.9 million), decreased profit driven by FX losses in the year, due to ineffective USD hedge and increased Interest payable as a result of an external bank loan.”

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.