IMPROVEASY (ECO) LTD

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

  +4.2%

  £37,090,363 → £38,640,863

• Cash

  +5.5%

  £3,386,576 → £3,572,652

  highest in 3 filed years

• Net assets

  +29.1%

  £3,795,813 → £4,901,343

  highest in 3 filed years

• Employees

  +23.5%

  17 → 21

  highest in 3 filed years

• Operating profit

  -3%

  £4,118,467 → £3,996,831

• Profit before tax

  -2.9%

  £4,117,159 → £3,996,831

• Wages

  -4.1%

  £1,061,578 → £1,018,033

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

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As explained in more detail in note 1.2 the directors have the expectation that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of signing these financial statements, the going concern assessment period. Amongst other commercial considerations, the directors have based their going concern assessment on a financial model which includes cash flow forecasts which indicate that, taking account of the recent budget announcements and other factors which might result in a reasonably plausible downside scenario, the company will have sufficient funds to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “The government announced the cessation of the ECO scheme on 31st March 2026. This came as no surprise, with Labour's manifesto pledging to increase the spend allocated for improving the energy efficiency of properties in the UK when they came to power. It is anticipated that the ECO scheme will be replaced by the Warm Homes Plan.”
• “Ordinary dividends were paid amounting to £2,000,000.”
• “On the 29th October 2024, 1,764 B Shares with an aggregate nominal value of £1.76 were acquired by the company's immediate parent company, thereby making the company a wholly owned subsidiary of The Improveasy Group Ltd.”
• “On the 29th February 2024, the company guaranteed a loan in another group company, Improveasy Limited. As at the reporting date the outstanding balance amounted to £390,147.”

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

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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