CONDITION MONITORING TECHNOLOGY GROUP HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  The Parent Company's and Group's ability to continue as a going concern is dependent on the Parent Company's and Group's ability to secure the refinance of its existing banking arrangements that are due for renewal in September 2025 and which, although the bank have indicated a willingness to refinance, is not guaranteed. As stated in note 2.3, these events or conditions, along with the other matters as set forth in note 2.3, indicate that a material uncertainty exists that may cast significant doubt on the Parent Company's and Group's ability to continue as a going concern.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -4.4%

  £16,634,870 → £15,903,795

• Cash

  +2.3%

  £771,831 → £789,471

  highest in 3 filed years

• Net assets

  +11.5%

  £4,430,227 → £4,937,733

  highest in 3 filed years

• Employees

  -1.3%

  156 → 154

• Operating profit

  +1.3%

  £1,039,612 → £1,053,363

• Profit before tax

  -11.4%

  £744,452 → £659,580

• Wages

  -1.1%

  £4,799,401 → £4,747,671

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. CONDITION MONITORING TECHNOLOGY GROUP HOLDINGS LIMITED 2022-01-13 → present
2. CONDITION MONITORING GROUP HOLDINGS LTD 2021-10-05 → 2022-01-13

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Bishop Fleming LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Parent Company's and Group's ability to continue as a going concern is dependent on the Parent Company's and Group's ability to secure the refinance of its existing banking arrangements that are due for renewal in September 2025 and which, although the bank have indicated a willingness to refinance, is not guaranteed. As stated in note 2.3, these events or conditions, along with the other matters as set forth in note 2.3, indicate that a material uncertainty exists that may cast significant doubt on the Parent Company's and Group's ability to continue as a going concern.”

Group structure

1. CONDITION MONITORING TECHNOLOGY GROUP HOLDINGS LIMITED · parent
   1. Condition Monitoring Technology Group Limited 100% · UK
   2. Helitune Limited 100% · UK · manufacture and sale of electronic instrumentation for Vibration Analysis of rotary wing aircraft for both military and civil helicopter applications.
   3. Beran Instruments Limited 100% · UK · manufacture and sale of electronic instrumentation used mainly for Condition Monitoring activities on industrial rotating plant.
   4. Prosig Limited 100% · UK · manufacture and sale of electronic instrumentation and software for noise, vibration and harshness testing for the automotive, aerospace, and power generation industries.
   5. DJB Instruments (UK) Limited 100% · UK · manufacture and sale of precision and industrial accelerometers and associated instrumentation and calibration services.
   6. Condition Monitoring Technology Group Inc 100% · US
   7. Helitune Inc 100% · US · manufacture and sale of electronic instrumentation for Vibration Analysis of rotary wing aircraft for both military and civil helicopter applications.
   8. Systems & Electronics Inc 100% · US
   9. Helitune GmbH 100% · Germany · manufacture and sale of electronic instrumentation for Vibration Analysis of rotary wing aircraft for both military and civil helicopter applications.
   10. Helitune S.R.L 100% · Italy · manufacture and sale of electronic instrumentation for Vibration Analysis of rotary wing aircraft for both military and civil helicopter applications.
   11. SEMIA SAS 100% · France · manufacture and sale of electronic instrumentation for Vibration Analysis of gas turbine engines and rotary wing aircraft for both military and civil helicopter applications.
   12. DJB Instruments Sarl 100% · France · manufacture and sale of precision and industrial accelerometers and associated instrumentation and calibration services.

Significant events

• “One key transition for CMTG during 2025 will be the refinance of our existing growth capital facilities in Q3.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.