JOHN CRANE UK LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. JOHN CRANE UK LIMITED 1988-03-31 → present
2. CRANE PACKING LIMITED 1923-08-25 → 1988-03-31

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

James Cowper Kreston Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts to assess going concern which indicate that, taking account of reasonably possible downsides, the company will have sufficient funds, through funding from its parent, John Crane Group Limited, to meet its liabilities as they fall due during the going concern assessment period. Furthermore, the change in royalty policy which was implemented in FY25 has resulted in the Company moving to a more solid profitable position compared to prior financial years. The directors are of the opinion that the FY25 levels of profitability will be maintain by the Company in the short to medium term, this is materially lowering the non-going concern risk for the Company. Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “The impact of the wars in Ukraine and Israel on the business is limited. However, management continues to monitor the political outcome, and actions are taken where possible to mitigate any potential risks.”
• “Management is of the view that any potential operating cash needs can be supported by the £19,686,000 loan receivable due on demand from the parent company, John Crane Group Limited. Management continues to monitor the impact of the political crisis with Russia and Israel and take actions where possible to mitigate further potential risks.”

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

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

  +0.7%

  £72,034,000 → £72,539,000

• Cash

  -70.2%

  £446,000 → £133,000

• Net assets

  +39.1%

  £65,781,000 → £91,472,000

• Employees

  +6.4%

  452 → 481

• Operating profit

  +551.8%

  £4,330,000 → £28,221,000

• Profit before tax

  +495.4%

  £4,772,000 → £28,412,000

• Wages

  +12.3%

  £29,127,000 → £32,706,000

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