PROCURRI EUROPE LIFECYCLE SERVICES LIMITED
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Cash
£1.3m
+26.3% vs 2024
Net assets
£7.9m
-11.2% vs 2024
Employees
124
-8.8% vs 2024
Profit before tax
-£439k
+3.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £31,713,000 | £33,622,000 | +6% | |
| Operating profit | -£285,000 | -£117,000 | +58.9% | |
| Profit before tax | -£457,000 | -£439,000 | +3.9% | |
| Net profit | -£372,000 | -£997,000 | -168% | |
| Cash | £1,014,000 | £1,281,000 | +26.3% | |
| Total assets less current liabilities | £22,901,000 | £21,576,000 | -5.8% | |
| Net assets | £8,898,000 | £7,901,000 | -11.2% | |
| Equity | £8,898,000 | £7,901,000 | -11.2% | |
| Average employees | 136 | 124 | -8.8% | |
| Wages | £4,522,000 | £4,918,000 | +8.8% | |
| Directors' remuneration | £480,000 | £406,000 | -15.4% | |
| Directors' pension contributions | £1,000 | £1,000 | 0% | |
| Highest paid director | £481,000 | £407,000 | -15.4% |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | -0.9% | -0.3% | |
| Net margin | -1.2% | -3.0% | |
| Return on capital employed | -1.2% | -0.5% | |
| Gearing (liabilities / total assets) | 68.4% | 70.1% | |
| Current ratio | 2.53x | 2.44x | |
| Interest cover | -1.26x | -0.36x |
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
- PROCURRI EUROPE LIFECYCLE SERVICES LIMITED 2022-09-26 → present
- PROCURRI LIFECYCLE SERVICES LIMITED 2022-09-26 → 2022-09-26
- ASVIDA UK LIMITED 2013-03-06 → 2022-09-26
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. As part of the Procurri Group, Procurri Europe Lifecycle Services Limited is engaged in identifying and exploiting efficiencies that can be realised by operating in a Global context.”
Group structure
- PROCURRI EUROPE LIFECYCLE SERVICES LIMITED · parent
- Procurri LLC 100%
- EXEO Europe Limited 100%
- Procurri GmbH 100%
- Procurri Kosovo Lifecycle Services SH.P.K. 100%
Significant events
- “On 25 February 2026, the company sold its holding of 100% of the shares in EXEO Europe Limited (formerly Procurri Europe Maintenance Limited) for consideration of £14,300,000 to a fellow group undertaking, EXEO Global PTE. LTD., a company registered in Singapore.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JORDAN, Mathew George | Director | 2017-05-02 | Mar 1974 | English |
| KOBAYASHI, Daisuke | Director | 2026-01-01 | Sep 1977 | Japanese |
| LWI, Tong Boon | Director | 2026-01-01 | May 1969 | Singaporean |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BYE, William Paul Frederick | Secretary | 2018-08-01 | 2022-12-01 |
| HESKETH, Mark James | Secretary | 2017-09-20 | 2018-07-31 |
| JACKSON, Catherine Janet | Secretary | 2022-12-01 | 2026-04-22 |
| KIDGER, David | Secretary | 2016-09-27 | 2017-09-20 |
| CHOO, Jookwang Kwang | Director | 2016-09-27 | 2022-01-10 |
| LIM, Irene Hui Hoon | Director | 2013-03-06 | 2013-04-01 |
| MURPHY, Thomas Sean | Director | 2016-09-27 | 2022-09-30 |
| TIAN, Sin Yi | Director | 2022-01-10 | 2026-01-01 |
| TONG, Chiu Fai | Director | 2014-10-10 | 2015-12-24 |
| TRIAL, Matthew Ryan | Director | 2022-10-03 | 2026-01-01 |
| WONG, Kok Khun | Director | 2013-04-01 | 2016-09-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Exeo Group Inc | Corporate entity | Shares 75–100% | 2026-02-25 | Active |
| Procurri Corporation Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2026-02-25 |
Filing timeline
Last 20 of 67 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2026-04-22 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-04-01 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-03-13 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-13 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-12 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-23 | AA | accounts | Accounts with accounts type full | |
| 2025-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-02 | AA | accounts | Accounts with accounts type full | |
| 2024-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-20 | AA | accounts | Accounts with accounts type full | |
| 2023-03-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-12-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-12-01 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
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.