CHARTER CENTRAL FINANCE LIMITED

1. CHARTER CENTRAL FINANCE LIMITED 1994-10-05 → present
2. CHARTER CONSOLIDATED FINANCE LIMITED 1952-12-19 → 1994-10-05

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period to 31 December 2026.”

Group structure

1. CHARTER CENTRAL FINANCE LIMITED · parent
   1. Agridzaar Limited 100% · Cyprus
   2. ESAB Finance Holdings Limited 100% · England and Wales
   3. Exelvia (Bermuda) Limited 100% · Bermuda

Significant events

• “The ongoing conflicts between Russia and Ukraine, as well as Israel and Hamas, pose wide-ranging challenges. Given the evolving situations, there are many unknown factors and events that could materially impact our operations or the operations of the wider group. These events have and continue to impact commodity prices, supply chains, credit risk including those related to receivables, treasury, and other factors.”
• “The UK cost of living crisis has also led to increased costs and inflation. As a company we have endeavoured to minimise the impact on the business.”
• “Post year end there was a group wide intercompany restructuring project which resulted in the sale of the 100% owned direct subsidiary ESAB Finance Holdings Limited for $1,378,955k /£1,010,779k to another group entity and a dividend distribution to its parent company Cast Limited of £54m.”

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

1

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

  —

  Not reported

• Cash

  +679.9%

  £10,462,000 → £81,591,000

• Net assets

  +0.5%

  £577,811,000 → £580,957,000

• Employees

  —

  Not reported

• Operating profit

  +32.6%

  -£1,255,000 → -£846,000

• Profit before tax

  -91.3%

  £36,318,000 → £3,161,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers