ESG GROUP 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

  -13.6%

  £17,921,000 → £15,491,000

  lowest in 3 filed years

• Cash

  -77.5%

  £342,000 → £77,000

  lowest in 3 filed years

• Net assets

  -226.3%

  £513,000 → -£648,000

  lowest in 3 filed years

• Employees

  -12.3%

  138 → 121

• Operating profit

  -282.8%

  £424,000 → -£775,000

  lowest in 3 filed years

• Profit before tax

  -2,864.3%

  £42,000 → -£1,161,000

  lowest in 3 filed years

• Wages

  -6.9%

  £5,061,000 → £4,714,000

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. ESG GROUP LIMITED 2016-03-04 → present
2. MUTCO2015 LIMITED 2015-12-23 → 2016-03-04

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Larking Gowen LLP

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. Following careful consideration of current trading and the financial forecasts for 2025 and 2026 in the context of the Company's liquidity and headroom position, the Directors have concluded that it is appropriate to continue to prepare the accounts on the going concern basis.”

Group structure

1. ESG GROUP LIMITED · parent
   1. Printed Glass Solutions Limited 100%
   2. Essex Safety Glass Limited 100%

Significant events

• “2024 saw a challenging market, with a significant contraction in the market form June, coupled with continued price deflation. Whilst the Company had no direct financial exposure to ISG, its failure in September 2024, lead to delays on a number of projects, with revenue delayed into 2025. These factors resulted in the group suffering a fall in turnover to £15.5M (2024: £17.9M), which drove the loss for the year.”
• “The Company's primary bank funding under CBILS was due to expire in September 2025. During early 2025 the Company has successfully arranged new bank funding.”
• “During the year ended 31 December 2024, the Company breached its financial covenant relating to the EBITDA to Borrowing Costs ratio. The breach was first identified in December 2023 and continued throughout 2024. Following the identification of the breach, whilst the lender reserved its rights, it took no enforcement action and continued to be supportive of the company. In July 2025 the company secured new finance facilities and fully repaid the outstanding debt which was subject to the covenant breach. These new facilities provided the company with additional funding, a capital repayment holiday and an improved debt servicing covenant.”

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

Filings

9

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.