H.K. WENTWORTH LIMITED

• ⚠

  Material uncertainty over going concern

  We are responsible for concluding on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern.

1. H.K. WENTWORTH LIMITED 1989-08-02 → present
2. H.K.(WENTWORTH)HOLDINGS LIMITED 1941-08-21 → 1989-08-02

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

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We are responsible for concluding on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern.”

Group structure

1. H.K. WENTWORTH LIMITED · parent
   1. HK Wentworth Pty Limited 100% · Australia
   2. HK Wentworth (NZ) Limited 100% · New Zealand
   3. HK Wentworth PVT Limited 100% · India
   4. ElectrolubeSuzhou Limited 100% · China
   5. Zhejiang Technology Co Limited 100% · China

Significant events

• “On December 31 2023, HK Wentworth Ltd sold 100% of the shares of HK Wentworth America Inc to Alpha Assembly Solutions Inc for USD $809,521. Payment of the purchase price was deferred until 30 January 2024.”
• “There are no post balance sheet events to disclose.”

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

1

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

  -11.7%

  £17,345,998 → £15,321,999

• Cash

  —

  Not reported

• Net assets

  -40.1%

  £8,260,026 → £4,949,454

• Employees

  -6.2%

  113 → 106

• Operating profit

  -610.8%

  £531,083 → -£2,712,905

• Profit before tax

  -469.5%

  £838,857 → -£3,099,435

• Wages

  -5.9%

  £4,204,801 → £3,955,926

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