TELENCO UK 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

  -22%

  £14,198,877 → £11,074,887

• Cash

  +47%

  £659,740 → £969,640

• Net assets

  -47.5%

  £2,042,958 → £1,071,942

• Employees

  +4.8%

  21 → 22

  highest in 5 filed years

• Operating profit

  -178.7%

  £1,120,633 → -£881,842

• Profit before tax

  -240.8%

  £852,942 → -£1,200,607

  lowest in 3 filed years

• Wages

  +16.9%

  £982,121 → £1,148,382

  highest in 3 filed years

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

Standalone (parent only)

Auditor

JS. Audit Limited

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.”

Significant events

• “The company suffered as a result of challenging trading conditions during the period. Revenue for the 12 month period was down year on year by 22% at £11.1m (2023: £14.2m). Gross profit also reduced in % terms, however this included the write down of c£225k of obsolete inventory.”
• “Overhead costs increased to £3.3m, from £2.7m in 2023, with employment costs being the greatest driver behind this increase.”
• “The company reported an operating loss of £882k (2023: profit of £1,121k) and after taxation recorded a loss of £971k (2023: profit of £781k).”
• “Looking ahead to 2025, the business enters the year with a healthier order book and has a clear strategy to reduce it's non-operational overhead base. The business is expected to return to profitability in 2025.”
• “As the UK continues to face a cost of living crisis, the company expects to be put under pressure to control costs as inflation remains above the Bank of England target rate.”
• “The impact of Brexit and the ongoing war in Ukraine on the supply and price of raw materials is continuously monitored. Management remain confident that the business is well placed to fulfil their order commitments despite any challenges it may face.”

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

Filings

2

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.