EULABS LIMITED
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Next accounts due
2026-11-27 (in 6mo)
Last filed for 2025-02-28
Confirmation statement due
2026-11-28 (in 6mo)
Last made up 2025-11-14
Watchouts
None on the register
Cash
£20M
USD 26,386,273
+7.8% vs 2024
Net assets
£28M
USD 38,087,355
+16.5% vs 2024
Employees
265
+8.2% vs 2024
Profit before tax
£6M
USD 8,477,035
+18.4% vs 2024
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2025-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 |
|---|---|---|---|
| Turnover | £44,977,707 | £51,506,995 | |
| Operating profit | £4,761,502 | £5,814,261 | |
| Profit before tax | £5,351,652 | £6,337,023 | |
| Net profit | £3,469,321 | £4,879,649 | |
| Cash | £18,293,856 | £19,725,105 | |
| Total assets less current liabilities | £24,203,428 | £28,564,159 | |
| Net assets | £24,431,629 | £28,472,270 | |
| Equity | £24,431,629 | £28,472,270 | |
| Average employees | 245 | 265 | |
| Wages | £17,789,584 | £24,508,598 | |
| Directors' remuneration | £720,137 | £1,042,932 |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-02-28 vs 2024-02-29
-
Turnover
+14.5%
£44,977,707 £51,506,995
-
Cash
+7.8%
£18,293,856 £19,725,105
-
Net assets
+16.5%
£24,431,629 £28,472,270
-
Employees
+8.2%
245 265
-
Operating profit
+22.1%
£4,761,502 £5,814,261
-
Profit before tax
+18.4%
£5,351,652 £6,337,023
-
Wages
+37.8%
£17,789,584 £24,508,598
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 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|
| Operating margin | 10.6% | 11.3% | |
| Net margin | 7.7% | 9.5% | |
| Return on capital employed | 19.7% | 20.4% | |
| Current ratio | 2.17x | 2.46x | |
| Interest cover | — | 726782.63x |
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
- PB Associates
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have undertaken an assessment of the adequacy of the resources available to the company. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and accordingly continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- EULABS LIMITED · parent
- EPI-USE Labs LLC 100%
- EPI-USE Labs Pty Limited 100%
- EPI-USE Labs Limited 100%
- EPI-USE Labs GmbH 100%
- EPI-USE Labs Limited 100%
- Konk Consulting - Consultoria informatica SA 51%
- EPI-USE LABS GmbH CZ 100%
- EVOLUTIO PS LIMITED 70%
- EPI-USE LABS INC 100%
- EULabs BV 100%
- EPI-USE Switzerland AG 100%
- EPI-USE Labs Denmark 100%
Significant events
- “At the balance sheet date the Group was defending a litigation claim in the USA arising from a road traffic accident involving a member of staff. The outcome is uncertain and the potential impact on the Group accounts cannot be quantified.The Group is confident that it will successfully defend the claim.”
- “At the balance sheet date the Group was under VAT inquiry, in its subsidiary in Switzerland.”
- “The group leadership has decided to scale down and close some or all of the non US partly owned Evolutio companies. This will take place over 2025 and should be completed some time in 2026. The potential write offs of loans or equity could be up to USD 500,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EARLE, Rory Jeffery | Director | 2019-04-01 | Mar 1973 | South African |
| PATRICK, Robert James | Director | 2020-06-01 | Dec 1976 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DU PREEZ, Dirk Cornelius Wouter, Mr. | Director | 2019-04-01 | 2022-04-30 |
| JONES, Evan | Director | 2016-01-29 | 2019-07-29 |
| STOFBERG, Phillip | Director | 2016-02-01 | 2021-11-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Rory Jeffery Earle | Individual | Significant influence | 2021-10-01 | Active |
| Mr Phillip Stofberg | Individual | Significant influence | 2016-04-07 | Ceased 2021-09-30 |
| Mr Evan Jones | Individual | Shares 75–100%, Voting 75–100% | 2016-04-07 | Ceased 2019-07-29 |
Filing timeline
Last 20 of 34 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-24 | AA | accounts | Accounts with accounts type group | |
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-28 | AA | accounts | Accounts with accounts type group | |
| 2024-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-30 | AA | accounts | Accounts with accounts type group | |
| 2023-08-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-17 | AA | accounts | Accounts with accounts type group | |
| 2022-08-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-12 | TM01 | officers | Termination director company with name termination date | |
| 2022-02-09 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-01-11 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-11-17 | AA | accounts | Accounts with accounts type group | |
| 2021-11-15 | TM01 | officers | Termination director company with name termination date | |
| 2021-08-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-05 | AA | accounts | Accounts with accounts type group | |
| 2020-08-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-25 | AP01 | officers | Appoint person director company with name date | |
| 2019-12-16 | AA | accounts | Accounts with accounts type group | |
| 2019-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.