ALTRO LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-04 (in 2mo)
Last made up 2025-06-20
Watchouts
None on the register
Cash
£7M
+7.9% vs 2023
Net assets
£55M
+0.3% vs 2023
Employees
536
-1.1% vs 2023
Profit before tax
£8M
-11.1% vs 2023
Name history
Renamed 1 time since incorporation
- ALTRO LIMITED 1984-07-19 → present
- ADAMITE COMPANY LIMITED 1919-04-07 → 1984-07-19
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £127,281,000 | £129,561,000 | |
| Operating profit | £5,914,000 | £6,515,000 | |
| Profit before tax | £9,074,000 | £8,063,000 | |
| Net profit | £7,500,000 | £6,421,000 | |
| Cash | £6,559,000 | £7,077,000 | |
| Total assets less current liabilities | £59,245,000 | £59,739,000 | |
| Net assets | £54,749,000 | £54,890,000 | |
| Equity | £54,749,000 | £54,890,000 | |
| Average employees | 542 | 536 | |
| Wages | £26,554,000 | £27,926,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 4.6% | 5.0% | |
| Net margin | 5.9% | 5.0% | |
| Return on capital employed | 10.0% | 10.9% | |
| Current ratio | 4.19x | 3.91x | |
| Interest cover | 26.88x | 29.89x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Overall, the Company benefits from a strong financial position, with no external borrowing and significant liquidity available. As at 31 December 2024 the Company had liquid resources of £7.1m (2023: £6.6m) comprising cash and cash equivalents. In addition, there is an agreed overdraft facility of £5.0m (2023: £6.0m).”
Group structure
- ALTRO LIMITED · parent
- Altro GmbH 100%
- Altro Nordic AB 100%
- Altro Spain Floors and Walls, SAU 100%
- Altro Canada Inc. 100%
- Altro USA, Inc. 100%
- Altro Middle East DMCC 100%
- Altro Trading (Shanghai) Company Limited 100%
- Altro Japan K.K. 100%
- Altro Debolon Holding GmbH 100%
- Altro Debolon GmbH 100%
- Altro Deutschland GmbH & Co. KG. 100%
- Altro Debolon Beteiligungen Verwaltungs GmbH 100%
- Autoglym APAC Pty Ltd 100%
- AG APAC Pty Ltd 100%
- GNG Sales New Zealand Pty Ltd 100%
- Portbid Holdings Pty Ltd 100%
- Portbid Pty Ltd 100%
Significant events
- “With effect from close of business on 31 May 2024, Altro Group Limited (formerly The Altro Group plc) acquired the control of Portbid Holdings Pty Ltd (the holding company of the Autoglym Division's Australian distributor ("Portbid Pty. Ltd") and GNG Sales New Zealand Pty Limited, these have become an indirect investment of Altro Limited.”
- “Expenditure during the year has included investment in plant and machinery as well as additional contributions of £2.8m (2023: £2.8m) to the Defined Benefit Pension Scheme.”
- “The Board declared a dividend payment of £3.75m (£20.78 per share) during 2024.”
- “The Company supported initiatives such as Men's Health (including Movember), World Menopause Day, World Mental Health Day, Breast Cancer Awareness Week marked events such as Pride Week and National Inclusion Week, Black History and South Asian Heritage months amongst others.”
- “During 2024, the Autoglym Division secured a Royal Warrant from His Majesty King Charles III.”
- “The Company issued a formal Diversity, Inclusion and Belonging Policy in February 2024 and launched a 'Year of Education' in relation to this topic in July 2024”
- “making a SIP Award in early 2024 to qualifying staff”
- “awarding a pay increase to employees at the start of 2024”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAREY, Fiona Patricia Graham | Secretary | 2025-01-01 | — | — |
| BOYLE, Edmond Patrick | Director | 2005-04-01 | Mar 1951 | Irish |
| FINCHAM, Michael Peter | Director | 2001-07-01 | Aug 1937 | British |
| KAHN, Richard Julian | Director | 1997-01-01 | Mar 1961 | British |
| MITTER, Akash | Director | 2024-10-24 | May 1981 | British |
| NELSON, Andrew Latham | Director | 2021-11-02 | Apr 1959 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOYLE, Edmond Patrick | Secretary | 2005-05-01 | 2024-12-31 |
| HODGSON, Philip Charles Spencer | Secretary | — | 2005-05-01 |
| CALLER, Paul Lawrence | Director | 2005-03-23 | 2026-05-01 |
| CLEVERDON, Geoffrey, Dr | Director | — | 2013-06-30 |
| DURDEN-SMITH, Neil | Director | — | 1994-03-24 |
| FINCHAM, Michael Peter | Director | — | 2001-01-31 |
| HARRISON, Alan Morley | Director | — | 2004-06-30 |
| HODGSON, Philip Charles Spencer | Director | — | 2005-05-01 |
| KAHN, David Joseph | Director | — | 2024-01-30 |
| LEWIS, Tracy | Director | 2021-03-15 | 2023-05-31 |
| PARK, James Forbes Henderson | Director | 1994-05-01 | 2021-10-29 |
| WILLIAMS, Michael John | Director | 1984-08-07 | 2002-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Altro Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 136 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-02 | CH01 | officers | Change person director company with change date | |
| 2026-04-02 | CH01 | officers | Change person director company with change date | |
| 2025-09-22 | CH01 | officers | Change person director company with change date | |
| 2025-07-04 | AA | accounts | Accounts with accounts type full | |
| 2025-06-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-10 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-01-07 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-18 | AA | accounts | Accounts with accounts type full | |
| 2024-08-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-04 | AA | accounts | Accounts with accounts type full | |
| 2023-06-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-02 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-19 | AA | accounts | Accounts with accounts type full | |
| 2021-11-05 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-04 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+1.8%
£127,281,000 £129,561,000
-
Cash
+7.9%
£6,559,000 £7,077,000
-
Net assets
+0.3%
£54,749,000 £54,890,000
-
Employees
-1.1%
542 536
-
Operating profit
+10.2%
£5,914,000 £6,515,000
-
Profit before tax
-11.1%
£9,074,000 £8,063,000
-
Wages
+5.2%
£26,554,000 £27,926,000
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