NUCORE GROUP 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

  +6%

  £16,270,644 → £17,253,118

  highest in 4 filed years

• Cash

  -76.2%

  £678,610 → £161,607

• Net assets

  -28.8%

  £4,393,891 → £3,129,929

  first positive since 2019

• Employees

  -1.5%

  134 → 132

• Operating profit

  +65.8%

  -£2,670,080 → -£914,405

• Profit before tax

  -114.8%

  £8,565,979 → -£1,263,962

• Wages

  -2.4%

  £6,910,741 → £6,743,635

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. NUCORE GROUP LTD. 2016-09-02 → present
2. SCE INTERNATIONAL LIMITED 2016-02-11 → 2016-09-02
3. DUNWILCO (1801) LIMITED 2013-05-16 → 2016-02-11

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Hall Morrice LLP

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.”

Group structure

1. NUCORE GROUP LTD. · parent
   1. HVAC & Refrigeration Engineering Limited 100% · Scotland · specialises in the supply, manufacture and servicing of heating ventilation, air-conditioning, refrigeration, dehumidification, and humidification products
   2. Oteac Limited 100% · Scotland · specialist fire and safety engineering company

Significant events

• “Over the past few years, the company has been successful in entering new geographies and market segments by developing new, exciting products, and securing new long-term agreements with clients.”
• “The company has been awarded supply contracts for a world leading green hydrogen project in the Middle East.”
• “Trading performance has benefited in the year to 31 May 2024 from more stable trading conditions post prior year financial restructuring completed in May 2023.”

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

1

last 12 months

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