CRANE LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on these factors, the directors have prepared these financial statements on the going concern basis.”

Group structure

1. CRANE LIMITED · parent
   1. Crane Process Flow Technologies Limited 100% · Wales · Manufacturer of industrial valves
   2. Crane Pension Trustee Company (UK) Limited 100% · UK · Dormant
   3. Crane Process Flow Technologies India Limited 26% · India · Manufacturer of industrial valves

Significant events

• “2024 improved in comparison to 2023 from a revenue perspective with turnover increasing by 14.8% to £107,489,315 (2023: £93,610,209).”
• “Markets in our end sectors improved and sales were positively impacted by the lifting of previously applied import controls into a key export market during the year.”
• “The company paid a dividend of £10,000,000 (2023: £11,000,000).”
• “The Company is aware that the Court of Appeal has recently upheld the decision in the Virgin Media vs NTL Pension Trustees II Limited case. The judgment means that some historic amendments affecting s.9(2B) rights could be void if the necessary actuarial confirmation under s.37 of the Pension Schemes Act 1993 was not obtained.”
• “The subsidiary companies Crane Stockham Valve Limited and Delta Fluid Products Limited were dissolved during the year.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +14.8%

  £93,610,209 → £107,489,315

• Cash

  -1.7%

  £24,188,024 → £23,775,621

• Net assets

  +8.1%

  £72,185,535 → £78,066,327

• Employees

  +2.7%

  415 → 426

• Operating profit

  +185.5%

  £5,555,368 → £15,862,303

• Profit before tax

  +143.5%

  £7,170,415 → £17,457,070

• Wages

  +11.4%

  £21,390,747 → £23,819,482

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