STATS (UK) LTD.

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  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

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. STATS (UK) LTD. 2002-01-15 → present
2. SPECIALIST TOOLS & TESTING SERVICES LTD. 1998-02-16 → 2002-01-15

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors, after making necessary enquiries, are of the opinion that the Company will have adequate working capital to execute its operations for a period of at least 12 months from approval of these financial statements. In reaching this conclusion, the Directors gave due consideration to the impact of significant inflationary factors in the supply chain and labour markets and the pressure this has had on profitability. The Directors are confident that pricing increases, focused supply chain management, and operational efficiencies will maintain the Group's profitable position. This conclusion is further supported by the availability of a working capital facility of £41.2m, of which £1.3m remains undrawn at the date of this report. As a result, the annual financial statements have been prepared on a going concern basis. The Directors' assessment is based on budgets for the next 3 years, including cash flow forecasts and consideration of the sales pipeline.”

Group structure

1. STATS (UK) LTD. · parent
   1. STATS Group International Inc 100% · Canada · Provision of pressurised pipeline isolation, hot tapping and plugging services to the international energy industry
   2. STATS Pipeline Services Inc 100% · Canada · Provision of pressurised pipeline isolation, hot tapping and plugging services to the international energy industry
   3. STATS International Inc 100% · USA · Provision of pressurised pipeline isolation, hot tapping and plugging services to the international energy industry
   4. STATS Equipment Rental LLC 100% · USA · Provision of pressurised pipeline isolation, hot tapping and plugging services to the international energy industry
   5. STATS Pipeline Servies Sdn Bhd 100% · Malaysia · Provision of pressurised pipeline isolation, hot tapping and plugging services to the international energy industry
   6. STATS Pipeline Services LLC 100% · Qatar · Provision of pressurised pipeline isolation, hot tapping and plugging services to the international energy industry
   7. STATS International Limited 100% · UK · Provision of pressurised pipeline isolation, hot tapping and plugging services to the international energy industry
   8. STATS Middle East Holdings Ltd 100% · UAE · Provision of pressurised pipeline isolation, hot tapping and plugging services to the international energy industry
   9. STATS Pipeline Services Pty Ltd 100% · Australia · Provision of pressurised pipeline isolation, hot tapping and plugging services to the international energy industry
   10. STATS Ltd Oil Services 100% · Saudi Arabia · Provision of pressurised pipeline isolation, hot tapping and plugging services to the international energy industry

Significant events

• “Middle East Conflict: Since the balance sheet date, geopolitical tensions in the Middle East have escalated, with increased military activity across the region during early 2026. This has contributed to heightened political and economic uncertainty, including disruption to key trade routes. This is considered a non adjusting post balance sheet event...”
• “Share Issue: Subsequent to the balance sheet date, the Company issued 99,006 ordinary shares for total consideration of £9,900,600. This transaction is treated as a non-adjusting post balance sheet event...”
• “Acquisition: Subsequent to the balance sheet date, the Company completed the acquisition of 100% of the share capital of Pipelines2Data Ltd., with an effective date of 1 April 2026. This acquisition is considered a non-adjusting post balance sheet event...”
• “Working Capital Facility: Subsequent to balance sheet date the loan with affiliated company (working capital facility) was extended for a further 12 months to 31 March 2027 and facility limit increased to £41.2m.”

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

Filings

8

last 12 months

Capital events

2

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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