SANDTON EUROPE 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

  -7.5%

  £27,582,571 → £25,524,480

• Cash

  -55.4%

  £3,270,483 → £1,458,792

• Net assets

  -130.3%

  -£6,677,762 → -£15,379,068

  lowest in 6 filed years

• Employees

  -9%

  156 → 142

• Operating profit

  +49.1%

  -£13,906,861 → -£7,084,625

• Profit before tax

  +44.6%

  -£15,706,417 → -£8,701,306

• Wages

  -17.1%

  £13,607,175 → £11,275,909

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. SANDTON EUROPE LIMITED 2020-06-17 → present
2. VVB M&E HOLDCO LIMITED 2018-10-24 → 2020-06-17
3. BROOMCO (4298) LIMITED 2018-08-23 → 2018-10-24

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Gerald Edelman LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared these financial statements on the going concern basis, notwithstanding that at the balance sheet date the group's liabilities exceeded its assets by £15.4m (2023: £6.7m). While the Group has made significant losses for the year ended 31 December 2024, the outlook for 2025 financial year is positive as the company is now generating positive EBITDA. The Group has number of credit facilities in place totaling £4m which is secured by Sandon Credit III (Luxembourg) S.a.r.l. acting as guarantor. While in the past, the Group has relied on the financial support from its parent entity since August 2024 the company has been trading out of its own operational cashflow without the need for additional funding from the parent entity. The Group's ultimate controlling parties, have confirmed that they will continue to provide the Group with financial support for the foreseeable future and for not less than 12 months from the date of approval of these financial statements but only to the extent that money is not otherwise available to VVB Engineering (UK) Limited to meet such liabilities. These financial statements do not include any adjustments that would result from the discontinuance of their financial support. On this basis, the director considers that it is appropriate for the financial statements to be prepared on the going concern basis.”

Group structure

1. SANDTON EUROPE LIMITED · parent
   1. VVB Group Limited 100% · England & Wales
   2. VVB Engineering (UK) Limited 100% · England & Wales

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.