STORM TECHNOLOGIES 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

  +4.3%

  £110,519,387 → £115,305,064

• Cash

  +279.2%

  £858,948 → £3,257,461

• Net assets

  +149.4%

  £3,758,354 → £9,372,531

• Employees

  +3.8%

  209 → 217

• Operating profit

  -23.2%

  £1,716,759 → £1,318,308

• Profit before tax

  -32.7%

  £1,481,863 → £997,812

• Wages

  +3.2%

  £14,062,561 → £14,506,071

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Hillier Hopkins LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors of the Group and parent company have concluded that there are no material uncertainties that may cast doubts on the Group or parent company's ability to continue as a going concern.”

Group structure

1. STORM TECHNOLOGIES GROUP LIMITED · parent
   1. Storm Technologies Limited 100% · United Kingdom · IT reseller and supplier of Mining and Energy products
   2. Storm Technologies B.V. 100% · Netherlands
   3. Storm Technologies Limited Magyarországi Flóktelepe 100% · Hungary
   4. Storm IT Limited 100% · USA
   5. Storm Procurement Limited 70% · United Kingdom · IT reseller and supplier of Mining and Energy products
   6. Storm Procurement Mozambique 70%
   7. Global Steel Pty 70%
   8. Global Steel Exports Limited 70%

Significant events

• “Storm Technologies Group Limited acquired a controlling interest in Storm Procurement Limited in June 2024.”
• “The Group also significantly enhanced its financial resources through a new partnership with HSBC as the Group bankers.”
• “During the year, dividends of £3,000,000 have been declared and paid.”
• “On 30 May 2024, 930 shares with a nominal value of £1 each were issued in exchange for a 70% interest in Storm Procurement Limited at share premium of £7,661,340.”

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

Filings

3

last 12 months

Capital events

1

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.