EUROTECH LTD
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Cash
£1m
+74.9% vs 2024
Net assets
-£524k
-3.7% vs 2024
Employees
12
-36.8% lowest in 6 filed years
Profit before tax
-£19k
-114.3% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
6-year trend · vs Technology median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £4,299,387 | £3,747,525 | £4,530,730 | £4,432,668 | £4,222,801 | £3,571,454 | -15.4% | |
| Operating profit | -£607,288 | -£1,052,462 | -£463,935 | £186,362 | £143,392 | -£8,065 | -105.6% | |
| Profit before tax | -£604,775 | -£1,052,433 | -£463,471 | £187,148 | £131,516 | -£18,787 | -114.3% | |
| Net profit | — | — | — | £187,148 | £131,516 | -£18,787 | -114.3% | |
| Cash | £1,277,353 | £583,762 | £861,947 | £376,255 | £579,403 | £1,013,640 | +74.9% | |
| Total assets less current liabilities | £902,667 | -£190,754 | -£652,156 | -£565,511 | -£427,982 | -£479,667 | -12.1% | |
| Net assets | £805,117 | -£360,754 | -£824,225 | -£637,077 | -£505,561 | -£524,348 | -3.7% | |
| Equity | £805,117 | -£360,754 | -£824,225 | -£637,077 | -£505,561 | -£524,348 | -3.7% | |
| Average employees | 24 | 24 | 22 | 21 | 19 | 12 | -36.8% | |
| Wages | £1,281,924 | £1,408,953 | £1,473,709 | £1,565,693 | £1,613,733 | £974,214 | -39.6% | |
| Directors' remuneration | — | £74,916 | £18,339 | — | £101,079 | £98,588 | -2.5% | |
| Directors' pension contributions | — | — | — | £0 | £0 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | -14.1% | -28.1% | -10.2% | 4.2% | 3.4% | -0.2% | |
| Net margin | — | — | — | 4.2% | 3.1% | -0.5% | |
| Return on capital employed | -67.3% | — | — | — | — | — | |
| Gearing (liabilities / total assets) | 67.1% | 122.4% | 129.0% | 115.5% | 122.9% | 124.9% | |
| Current ratio | — | — | — | 0.85x | 0.80x | 0.81x | |
| Interest cover | — | — | — | — | 8.81x | -0.58x |
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.
Name history
Renamed 2 times since incorporation
- EUROTECH LTD 2007-09-14 → present
- ARCOM CONTROL SYSTEMS LIMITED 1982-02-15 → 2007-09-14
- VOLTDATA LIMITED 1982-01-18 → 1982-02-15
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Price Bailey LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have considered the going concern basis of preparation of the financial statements, noting the results for the year, forecasts and plans going forward. The directors have received confirmation from Eurotech SpA, the parent company, that Eurotech SpA intends to provide financial support”
Significant events
- “In 2025, Eurotech Ltd underwent a significant reorganisation, which, however, did not have a significant impact on turnover, which fell by 10% compared to 2024. ... we closed our existing hardware and software development centre in Cambridge”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARAZZA, Sandro | Director | 2008-05-23 | Feb 1968 | Italian |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAIN, John Julian Sebastian | Secretary | — | 2022-05-26 |
| BAIN, John Julian Sebastian | Director | — | 2022-05-26 |
| CUTHBERT, Paul | Director | — | 1994-12-31 |
| CUTRI, Francesco Angelo, Dr | Director | 2007-07-05 | 2015-12-17 |
| ELVIS, Robert David | Director | 1998-11-02 | 1999-10-08 |
| GOI, Eros | Director | 2006-03-31 | 2008-05-22 |
| GOODMAN, Lester, Dr | Director | 2003-11-18 | 2007-02-23 |
| HARRIS, Stephen Clive | Director | 2003-06-27 | 2006-04-01 |
| HOUGHTON, Christopher | Director | 2006-11-09 | 2008-01-16 |
| KINGSBURY, Derek John | Director | — | 1992-04-30 |
| KIRK, Andrew Martin | Director | 1993-01-01 | 1999-03-11 |
| MAURI, Massimo | Director | 2006-03-31 | 2008-08-04 |
| MIDDLETON, Glen | Director | 1998-07-23 | 2007-02-23 |
| NICOL, Adrian Timothy | Director | — | 1992-05-29 |
| NILSSON, Hans Daniel | Director | 1997-12-04 | 2003-06-27 |
| POULTER, John William | Director | — | 1998-03-06 |
| POULTER, John William | Director | — | 1992-12-21 |
| SCOTT, Paul Frederick, Dr | Director | — | 1996-04-12 |
| TECCHIOLLI, Giampietro | Director | 2008-09-22 | 2014-11-26 |
| WALTERS, Andrew John | Director | 1995-04-03 | 2001-07-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Eurotech Spa | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 180 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-23 | AA | accounts | Accounts with accounts type full | |
| 2026-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-04 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-15 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-08 | AA | accounts | Accounts with accounts type full | |
| 2025-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-27 | AA | accounts | Accounts with accounts type full | |
| 2023-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-02-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-09-23 | AA | accounts | Accounts with accounts type full | |
| 2022-05-26 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-05-26 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-27 | AA | accounts | Accounts with accounts type small | |
| 2021-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-23 | AA | accounts | Accounts with accounts type small | |
| 2020-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.