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Cash

£1.8m

+106.3% highest in 3 filed years

Net assets

£1.5m

+3.4% highest in 3 filed years

Employees

126

-3.8% lowest in 3 filed years

Profit before tax

£147k

-74.9% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £11,516,357£12,085,265£10,573,612 -12.5%
Operating profit £647,767£608,624£155,190 -74.5%
Profit before tax £618,737£584,579£146,691 -74.9%
Net profit £502,159£483,932£110,135 -77.2%
Cash £1,222,422£863,949£1,782,195 +106.3%
Total assets less current liabilities £1,363,232£1,561,921£1,583,725 +1.4%
Net assets £1,125,517£1,426,186£1,474,759 +3.4%
Equity £1,125,517£1,426,186£1,474,759 +3.4%
Average employees 133131126 -3.8%
Wages £4,891,269£5,476,319£5,478,417 0%
Directors' remuneration £337,216£427,889£451,600 +5.5%
Directors' pension contributions £30,270£41,008£41,075 +0.2%
Highest paid director £173,876£172,510£179,521 +4.1%

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 2023-12-312024-12-312025-12-31
Operating margin 5.6%5.0%1.5%
Net margin 4.4%4.0%1.0%
Return on capital employed 47.5%39.0%9.8%
Gearing (liabilities / total assets) 78.7%75.1%71.8%
Current ratio 1.12x1.17x1.21x
Interest cover 17.56x16.54x10.12x

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 1 time since incorporation

  1. EAST MIDLANDS INSTRUMENT COMPANY LIMITED 1996-07-19 → present
  2. READCO 135 LIMITED 1996-05-09 → 1996-07-19

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Sumer Auditco Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Accordingly, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

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

People

5 active · 14 resigned

Name Role Appointed Born Nationality
BINGHAM, Keven Paul Secretary 2005-04-15 — English
BINGHAM, Keven Paul Director 1996-07-04 Jul 1959 English
BINGHAM, Michael Paul Director 2023-07-25 Jun 1988 British
HUTCHINSON, Steven John Director 2023-07-25 May 1985 British
LOVELY, Edward Keith Director 2014-05-30 Feb 1968 British
Show 14 resigned officers
Name Role Appointed Resigned
JACKSON, Guy Collingwood Nominee Secretary 1996-05-09 1996-07-04
RINGSELL, Christopher Grant Secretary 1996-07-04 2005-04-15
BINGHAM, Daniel Simon Director 2014-05-30 2018-07-06
BINGHAM, Michael Paul Director 2014-05-30 2018-07-31
CROSSLEY, Robert Henry Nominee Director 1996-05-09 1996-07-04
ELSOM, Barry Director 1996-07-04 2004-02-27
HEWLING, Kevin Director 2015-05-26 2018-03-29
HIND, Robert Director 2004-04-01 2015-05-26
JACKSON, Guy Collingwood Nominee Director 1996-05-09 1996-07-04
PETTINGER, Brian Clark Director 1996-07-04 2005-04-15
PETTIT, John Edward Director 1996-07-04 2005-04-15
RINGSELL, Christopher Grant Director 1996-07-04 2005-04-15
WATSON, Stephen Director 1996-07-04 2015-05-26
WILLCOCK, John Reginald Director 2015-05-26 2018-05-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
East Midlands Holdings Ltd Corporate entity Shares 75–100% 2016-05-28 Active

Filing timeline

Last 20 of 149 total filings

Date Type Category Description
2026-09-11 PSC05 persons-with-significant-control Change to a person with significant control PDF
2026-09-04 AA accounts Accounts with accounts type full
2026-02-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-03 AA accounts Accounts with accounts type full
2025-06-26 MR04 mortgage Mortgage satisfy charge full PDF
2025-02-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-03 AA accounts Accounts with accounts type total exemption full
2024-02-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-01 AP01 officers Appoint person director company with name date PDF
2023-08-01 AP01 officers Appoint person director company with name date PDF
2023-07-21 AA accounts Accounts with accounts type total exemption full
2023-02-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-05-06 AA accounts Accounts with accounts type total exemption full
2022-02-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-11-18 MR04 mortgage Mortgage satisfy charge full PDF
2021-10-04 AA accounts Accounts with accounts type total exemption full
2021-09-08 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2021-02-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-01-07 AA accounts Accounts with accounts type full
2020-03-04 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

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.

Official Companies House page