RENOLD CONTINENTAL 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 Directors of the Company have had no visibility of the strategic plans for the Company post transaction, and as such are unable to certify for a 12 month period post the date of these accounts that the Company post completion can continue for a period of 12 months from the date of this report.

1. RENOLD CONTINENTAL LIMITED 1981-12-31 → present
2. RENOLD CHAINS CONTINENTAL LIMITED 1922-10-19 → 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 Directors of the Company have had no visibility of the strategic plans for the Company post transaction, and as such are unable to certify for a 12 month period post the date of these accounts that the Company post completion can continue for a period of 12 months from the date of this report.”

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

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -19%

  £17,392,000 → £14,090,000

• Cash

  +20.1%

  £608,000 → £730,000

• Net assets

  -15.5%

  £1,500,000 → £1,267,000

• Employees

  -16%

  25 → 21

• Operating profit

  -18.8%

  £1,609,000 → £1,307,000

• Profit before tax

  -20.7%

  £1,610,000 → £1,277,000

• Wages

  -16.9%

  £2,261,000 → £1,879,000

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