SOMERS FORGE LIMITED

1. SOMERS FORGE LIMITED 2014-04-10 → present
2. FOLKES FORGINGS LIMITED 1995-03-27 → 2014-04-10
3. JOHN FOLKES FORGING LIMITED 1992-07-21 → 1995-03-27
4. JOHN FOLKES HEAT TREATMENTS LIMITED 1992-07-07 → 1992-07-21
5. JOHN FOLKES FORGING LIMITED 1949-05-21 → 1992-07-07

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

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. In particular, the Directors have considered the order book for the next two years, that the Company has a strong competitive position and manufacturing capabilities in UK Defence and the ability to retain key staff.”

Group structure

1. SOMERS FORGE LIMITED · parent
   1. Folkes Forgings Limited 100% · UK · Dormant
   2. Somers Steelstock Limited 100% · UK · Dormant
   3. City Forge Limited 100% · UK · Dormant
   4. Roland Metals Limited 100% · UK · Dormant
   5. C F E Stockholders Limited 100% · UK · Dormant
   6. Folkes Forge Limited 100% · UK · Dormant
   7. Clarkes Crankshaft Limited 100% · UK · Dormant

Significant events

• “The war in Ukraine continues to inflict inflationary pressures on energy and raw material costs.”
• “The Company continues to be awarded new contracts driven by UK Defence programmes with turnover increasing from £22.7m to £27.5m.”
• “In December 2023 there was an incident at Somers Forge which has instigated an investigation by the HSE. The investigation is ongoing, and the company is co-operating fully with their enquiries.”
• “During the year Somers Forge Limited purchased a Commercial Property from Folkes Holdings Jersey Limited, a company with common shareholders and directors. The Property was purchased for Market Value at a consideration of £1,900,000.”
• “Somers Forge Limited also incurred expenditure on the investment and relocation of A & B Richardson Engineering Limited activities, a subsidiary of Folkes Forgings Acquisitions Limited. This totalled £1,222,192 during 2024.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +21%

  £22,742,823 → £27,515,383

• Cash

  -72.5%

  £14,920,564 → £4,096,360

• Net assets

  +10.6%

  £15,486,148 → £17,125,788

• Employees

  +3.9%

  128 → 133

• Operating profit

  +14.6%

  £1,209,930 → £1,386,681

• Profit before tax

  +5.7%

  £1,944,257 → £2,054,469

• Wages

  +13.3%

  £5,001,209 → £5,665,528

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