FLAKT WOODS LIMITED

• ◆

  6 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. FLAKT WOODS LIMITED 2002-10-28 → present
2. WOODS AIR MOVEMENT LIMITED 1998-06-25 → 2002-10-28
3. WOODS OF COLCHESTER LIMITED 1928-10-03 → 1998-06-25

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

KPMG

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Group structure

1. FLAKT WOODS LIMITED · parent
   1. Woods Air Control Limited 1% · England · Dormant
   2. Woods Fans Limited 1% · England · Dormant
   3. Fläkt Woods Spa 1% · Italy · Distributor
   4. Fläkt Woods (Singapore) Pte Limited 1% · Singapore · Distributor
   5. Woods Air Movement Ltd (US) 1% · US · Distributor

Significant events

• “Following a change in leadership, the company underwent a Transformation program, commenced in October 2023, aimed at rationalising the product portfolio and focusing on profitable revenue streams.”
• “Company backlog (orders won for future revenue recognition) increased by £22.2m from £19.4m to £41.4m at the end of FY24 driven by the award of Tunnel & Metro and Defence contracts.”
• “During the FY24, a bad debt provision was reversed following contract negotiations.”

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

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +13.6%

  £39,500,000 → £44,859,000

• Cash

  +40%

  £300,000 → £420,000

• Net assets

  -2.1%

  £9,364,000 → £9,171,000

• Employees

  +4.4%

  228 → 238

• Operating profit

  +83%

  -£2,459,000 → -£418,000

• Profit before tax

  +74.5%

  -£2,829,000 → -£722,000

• Wages

  +18.1%

  £9,026,000 → £10,659,000

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