DENSO MARSTON LTD

1. DENSO MARSTON LTD 1996-08-01 → present
2. ND MARSTON LTD 1990-03-28 → 1996-08-01
3. NIPPONDENSO MANUFACTURING (U.K.) LIMITED 1989-11-16 → 1990-03-28
4. IMI RADIATORS LIMITED 1980-12-31 → 1989-11-16
5. IMI MARSTON RADIATORS LIMITED 1978-12-31 → 1980-12-31
6. MARSTON RADIATORS LIMITED 1935-09-23 → 1978-12-31

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 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors believe that Denso Marston Ltd will have sufficient cash and borrowing facilities for at least the next 12 months from the date of signing this report. The Directors believe that, having considered uncertainties and reviewed cash flow forecasts for this period which allow for appropriate downside sensitivities, Denso Marston Ltd has adequate debt facilities in place with the Group to cover its requirements. In forming this judgement, the Directors have considered a downside scenario of sales 15% lower than forecast. They believe the Company is a going concern based on the existence of future business and continued financial support being made available from DENSO Group. The Directors have a letter of support from DENSO Group. Accordingly, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “As part of our ongoing commitment to sustainability, we have launched several key initiatives focused on improving energy efficiency and reducing our carbon footprint.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  -33.8%

  £100,882,000 → £66,754,000

• Cash

  +75.7%

  £415,000 → £729,000

• Net assets

  -17.4%

  £38,108,000 → £31,474,000

• Employees

  -22.5%

  765 → 593

• Operating profit

  -208.5%

  £4,663,000 → -£5,061,000

• Profit before tax

  -229.2%

  £3,859,000 → -£4,987,000

• Wages

  -23.3%

  £24,974,000 → £19,149,000

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