CUMMING EUROPE LTD.
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-19 (in 10mo)
Last made up 2026-03-05
Watchouts
None on the register
Cash
£9M
-5.8% vs 2023
Net assets
-£29M
-53.3% lowest in 3 filed years
Employees
337
-9.4% vs 2023
Profit before tax
-£9M
-119.4% vs 2023
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £48,577,941 | £48,199,285 | |
| Operating profit | — | — | — | — | — | £1,107,225 | -£3,928,329 | |
| Profit before tax | — | — | — | — | — | -£4,189,726 | -£9,190,678 | |
| Net profit | — | — | — | — | — | -£5,619,679 | -£9,936,729 | |
| Cash | — | — | — | — | £194,773 | £9,633,626 | £9,078,268 | |
| Total assets less current liabilities | — | — | — | — | £45,308,775 | £24,536,855 | £29,275,907 | |
| Net assets | — | — | — | — | £109,631 | -£18,639,102 | -£28,575,831 | |
| Equity | £1,039,960 | £1,700,407 | £1,368,665 | £4,556,394 | £109,631 | -£18,639,102 | -£28,575,831 | |
| Average employees | — | — | — | — | 290 | 372 | 337 | |
| Wages | — | — | — | — | — | £21,984,173 | £24,105,231 | |
| Directors' remuneration | — | — | — | — | — | £143,507 | — |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-0.8%
£48,577,941 £48,199,285
-
Cash
-5.8%
£9,633,626 £9,078,268
-
Net assets
-53.3%
-£18,639,102 -£28,575,831
lowest in 3 filed years
-
Employees
-9.4%
372 337
-
Operating profit
-454.8%
£1,107,225 -£3,928,329
-
Profit before tax
-119.4%
-£4,189,726 -£9,190,678
-
Wages
+9.6%
£21,984,173 £24,105,231
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 2.3% | -8.2% | |
| Net margin | — | — | — | — | — | -11.6% | -20.6% | |
| Return on capital employed | — | — | — | — | — | 4.5% | -13.4% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 121.8% | 123.1% | |
| Current ratio | — | — | — | — | — | 0.35x | 0.32x | |
| Interest cover | — | — | — | — | — | 0.21x | -0.75x |
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
- Consolidated group
- Auditor
- Robb Ferguson
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The group reports net liabilities on the statement of financial position as at the year end date and as such the directors have considered the appropriateness of the going concern basis for preparing these accounts. The group relies on support from its parent company in order that it can meet its obligations. The parent company has confirmed that it will continue to provide ongoing support and that no repayment of funding will be sought by the parent company within a period of 12 months of signing these financial statements that would result in the group failing to meet its obligations. As such, the directors are of the view that it is appropriate to prepare these accounts on the going concern basis.”
Group structure
- CUMMING EUROPE LTD. · parent
- Cumming Group (CMCS) Limited 100%
- Cumming Group Building Surveying LLP 99%
- Cumming Management Group UK Ltd 100%
- Cumming Group Stoke Limited 100%
Significant events
- “The UK Group expanded during the year adding two subsidiary companies in Q4.”
- “Since the year end, £39,760,000 of loans have been converted to share capital via a share issue of 39,760,000 £1 Ordinary shares.”
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 |
|---|---|---|---|---|
| AL JAJEH, Anas | Director | 2019-10-01 | Aug 1972 | American |
| DANIELS, Bonnie | Director | 2024-01-03 | May 1964 | American |
| HUTCHISON, Derek Johnstone | Director | 2019-10-01 | Feb 1978 | American |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RADIUS COMMERCIAL SERVICES LIMITED | Corporate Secretary | 2016-01-06 | 2016-05-17 |
| BAIRD, David | Director | 2021-12-15 | 2022-09-07 |
| BURNS, Alastair George | Director | 2017-06-19 | 2018-07-02 |
| CUMMING, James Finlay | Director | 2016-01-06 | 2021-12-15 |
| LAWSON, Paul James | Director | 2017-06-19 | 2019-10-01 |
| MCLAY, Finlay | Director | 2021-04-02 | 2022-06-14 |
| SMITH, William Johnson Harkin | Director | 2020-02-21 | 2021-04-02 |
| STUART, Douglas Alexander | Director | 2019-10-01 | 2024-01-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cumming Management Group, Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 58 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-10 | AA | accounts | Accounts with accounts type group | |
| 2025-03-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-25 | SH01 | capital | Capital allotment shares | |
| 2025-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-21 | AA | accounts | Accounts with accounts type group | |
| 2024-02-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-09-29 | AA | accounts | Accounts with accounts type group | |
| 2023-03-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-20 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-06 | AA | accounts | Accounts with accounts type group | |
| 2022-06-20 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 1
- 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.