ABS EUROPE LTD.

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

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. ABS EUROPE LTD. 1991-01-09 → present
2. RECORDNOTION LIMITED 1990-11-26 → 1991-01-09

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Bennett Brooks & Co Limited

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 group's and the parent 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. ABS EUROPE LTD. · parent
   1. ABS Marine Services Limited 99% · England and Wales · Marine Services
   2. ABS Group Limited 100% · England and Wales · Industrial verification
   3. ABS Italy Srl 99% · Italy · Classification services
   4. ABS Hellas 99% · Greece · Dormant
   5. ABS Hellenic Single Member Ltd 100% · Greece · Classification services
   6. ABS Europe (Ghana) Limited 100% · Ghana · Holding company
   7. ABS Europe (Ghana) Upstream Limited 90% · Ghana · Classification services

Significant events

• “Other financing income for the year totals £8,575,000 (2024: expense of £4,879,000). This includes the effect of the impact in foreign exchange movement on the translation of balances and transactions, including intercompany balances, primarily in overseas locations, and the net interest income/ (expense) on defined benefit assets/ (liabilities).”
• “The Hellenic subsidiary of ABSEL opened a Ship Safety Center during 2025. This uses new immersive training techniques, game-based learning and virtual reality environments to educate and prepare seafarers to handle a multi-dimensional industry with alternative fuels and emerging technologies.”
• “There is an open HMRC enquiry concerning the tax treatment of foreign exchange movements recorded in the 2016 financial statements. The directors believe that the Company's position on the tax treatment of these items is reasonable and they continue to vigorously defend any argument raised by HMRC to the contrary. However the directors recognise that the final outcome is uncertain and, in the circumstances, have concluded that it is not unreasonable to include an adjustment within current tax to cover any potential liability. The range of possible outcomes could be a liability between £nil and £2.0m.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.