HONEYWELL CONTROL SYSTEMS LIMITED

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 (Reduced Disclosure Framework)

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the company has adequate resources, including support from Honeywell International Inc. to continue in operational existence for the foreseeable future being a period of at least 12 months from the date of signing these financial statements.”

Group structure

1. HONEYWELL CONTROL SYSTEMS LIMITED · parent
   1. Compressor Controls UK Limited 100% · United Kingdom · In liquidation
   2. Honeywell Southern Africa (Proprietary) Limited 100% · South Africa · Control Systems
   3. Honeywell Control Systems Ltd Branch office - Irish Branch 100% · Ireland
   4. Honeywell Automation and Control Solutions South Africa (Proprietary) Limited 75% · South Africa · Trading Company
   5. Trinity Integrated Systems 100% · United Kingdom · In liquidation

Significant events

• “acquisition of Trinity business under common control transaction”
• “The ongoing military conflict in Ukraine and the related sanctions targeted against the Russian Federation and the Middle East war may have an impact on the European and global economy.”
• “The company identified an issue in the VAT reporting applied to car leases and fuel expenses. This resulted in an overstatement of VAT claims submitted over the past four years. The company is currently assessing the financial impact and intends to submit a voluntary disclosure to HMRC, which will include the overclaimed VAT of £1,176,000 (inclusive of applicable penalties and interest). As at the reporting date, the outcome of HMRC's review and the total financial exposure remain uncertain.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -4.3%

  £217,541,000 → £208,095,000

• Cash

  +36.3%

  £2,032,000 → £2,770,000

• Net assets

  -4.7%

  £374,423,000 → £356,770,000

• Employees

  -3.1%

  882 → 855

• Operating profit

  -62.9%

  £20,958,000 → £7,767,000

• Profit before tax

  -36.3%

  £43,066,000 → £27,428,000

• Wages

  -0.6%

  £66,105,000 → £65,681,000

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