RENOLD POWER TRANSMISSION LIMITED

• ⚠

  Material uncertainty over going concern

  On 13 June 2025, MPE Bid Co, a company majority-owned by a fund managed and controlled by Morgenthaler Private Equity ("MPE") announced a firm intention to acquire the issued, and to be issued, ordinary share capital of Renold plc Group including the Company in accordance with Rule 2.7 of the Takeover Code. The announcement of the acquisition qualifies as an event or condition that indicates that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern, and therefore, it may be unable to realise its assets and discharge its liabilities in the normal course of business, under a future structure potentially introduced by MPE.

1. RENOLD POWER TRANSMISSION LIMITED 1981-12-31 → present
2. SIBLEYS (1922) LIMITED 1922-06-09 → 1981-12-31

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 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“On 13 June 2025, MPE Bid Co, a company majority-owned by a fund managed and controlled by Morgenthaler Private Equity ("MPE") announced a firm intention to acquire the issued, and to be issued, ordinary share capital of Renold plc Group including the Company in accordance with Rule 2.7 of the Takeover Code. The announcement of the acquisition qualifies as an event or condition that indicates that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern, and therefore, it may be unable to realise its assets and discharge its liabilities in the normal course of business, under a future structure potentially introduced by MPE.”

Group structure

1. RENOLD POWER TRANSMISSION LIMITED · parent
   1. Renold GmbH 100% · Germany · Chain and power transmission products manufacturing company
   2. Renold GmbH 100% · Austria · Dormant
   3. Renold Transmission AB 100% · Sweden · Sales liaison services company
   4. Renold Continental Limited 100% · UK · Sale of Chain and power transmission products
   5. Renold Polska s.p. zoo 100% · Poland · Sales liaison services company

Significant events

• “On 13 June 2025, MPE Bid Co, a company majority-owned by a fund managed and controlled by Morgenthaler Private Equity ("MPE") announced a firm intention to acquire the issued, and to be issued, ordinary share capital of Renold plc Group including the Company in accordance with Rule 2.7 of the Takeover Code.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +3.4%

  £42,600,000 → £44,035,000

• Cash

  +53.5%

  £1,219,000 → £1,871,000

• Net assets

  +115.9%

  £13,031,000 → £28,132,000

• Employees

  -2.6%

  227 → 221

• Operating profit

  -0.6%

  £9,560,000 → £9,506,000

• Profit before tax

  +23.3%

  £9,064,000 → £11,178,000

• Wages

  +6.8%

  £9,117,000 → £9,741,000

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