MEGGER SYSTEMS LIMITED

Figures converted to GBP from EUR at 0.870 per EUR (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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +0.8%

  £35,376,989 → £35,655,274

• Employees

  0%

  2 → 2

• Operating profit

  -89.2%

  £4,558,657 → £492,217

• Profit before tax

  -93.3%

  £3,081,137 → £206,975

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 101

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“A review of the results and financial position of Megger Group Limited and its subsidiary undertakings ("the Group"), of which the company is a core part, is performed regularly by the Board of Directors of Megger. This included a review of the forecasts of the business up to May 2027, being over one year after the date of approval of these financial statements. The review included consideration of range of commercially sensitive downside scenarios, together with mitigating actions within the Group's control, such as payment of dividends and certain discretionary expenditure. Details of the Group's banking facilities are outlined in the notes of the consolidated financial statements of Megger Group Limited. The Group has considerable financial resources together with established long term relationships with a number of customers and suppliers. As a consequence, the Directors believe that the Group, including the company, is well placed to manage its business risks and liquidity successfully. During the year, the Group satisfied the covenants and met its requirements to make quarterly payments of loan interest, and it and expects to remain compliant in the Going Concern assessment period, even in plausible downside scenarios. The Directors of Megger Group Limited have a reasonable expectation that Megger Group has adequate resources to continue in operational existence for the foreseeable future. Accordingly, having made appropriate enquiries, the Directors of Megger Systems Limited continue to adopt the going concern basis in preparing the annual report and accounts.”

Group structure

1. MEGGER SYSTEMS LIMITED · parent
   1. Megger Systems GmbH 100% · Germany · holding/finance company
   2. Megger Systems and Services GmbH 100% · Germany · holding/finance company
   3. Megger Grid Analytics Limited 100% · Israel · monitoring systems
   4. Power Diagnostix Services GmbH 100% · Germany · monitoring systems
   5. Power Diagnostix Systems GmbH 100% · Germany · training and services
   6. IPS Intelligent Process Solutions GmbH 80% · Germany · software provision
   7. IPS Energy USA Inc. 80% · USA · software provision
   8. IPS Energy ME DMCC 80% · UAE · software provision
   9. IPS Energy RS DOO Beograd 80% · Serbia · software provision
   10. Luatech d.o.o. Zagreb 80% · Croatia · software provision
   11. Exentrim d.o.o. Beograd 80% · Serbia · software provision
   12. IPS Intelligent Process Solutions d.o.o. 80% · Slovenia · software provision
   13. IPS Energy Australia Pacific Pty Ltd 80% · Australia · software provision
   14. IPS Energy d.o.o. Banja Luka 80% · Bosnia and Herzegovina · software provision
   15. Sentrisense Spain S.L. 51% · Spain · monitoring systems
   16. Sentrisense S.R.L. 51% · Argentina · monitoring systems
   17. Sentrisense A.B. 51% · Sweden · monitoring systems

Significant events

• “The Company acquired in the year a majority share in Sentrisense, the leader in high-voltage line sensor innovation. Sentrisense is known for its best-in-class AAR and DLR line ratings, as well as its Pole, Tower, and Conductor asset health applications. By combining Megger's expertise in diagnostics and testing equipment as well as monitoring of distribution networks, with Sentrisense's advanced real-time monitoring technologies, the acquisition will enable the Group to offer innovative solutions also to transmission system operators that enhance grid reliability, performance, and safety.”
• “The Company also reassessed the future payments due to the former owners of Megger Grid Analytics Limited (Israel), resulting in a remeasurement gain of €0.6m (note 6).”
• “On 28th July 2025, the company acquired 51% of the Sentrisense group of companies for total cash and deferred consideration of €2,150,000.”
• “The remaining 20% of the IPS group of companies was acquired in January 2026 for €20,500,000.”

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.