BRUSH TRANSFORMERS LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has been impacted in the period by the on-going uncertainties in its supply chain arising from the impact of the war in Ukraine. ... The Directors have prepared cash flow forecasts that cover the period to May 2026, taking into account these uncertainties. These demonstrate that the Company still anticipates being profitable and cash generative despite these challenges. The Company is supported by its parent Company, BRUSH Group Limited, who at 31 December 2024 had external borrowings of £20.7m. ... Based on the forecasts prepared, the Company's Statement of Financial Position, cash balance and the current order book, the Directors have reasonable expectation that the Company will have sufficient funds to continue to meet liabilities as they fall due for at least 12 months from the date of approval of the financial statements and has therefore prepared the financial statements on a going concern basis.”

Significant events

• “During the year, the Company continued to face disruption in the global supply chain as a result of the war in Ukraine.”
• “The Directors have invested in securing the Company's supply chain and assembly capacity through the acquisition by the Group, of CO.BO.T Srl in 2023.”
• “The Directors have also invested significantly during the period at the Loughborough site to introduce a state-of-the-art test cell which was completed in early 2024.”
• “On 26 February 2025, the ownership of the Company transferred from BRUSH Jersey HoldCo V Limited to BRUSH Group Limited.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  +44.5%

  £39,854,000 → £57,604,000

• Cash

  +14.3%

  £3,125,000 → £3,571,000

• Net assets

  -2.5%

  £13,852,000 → £13,510,000

• Employees

  +21.8%

  110 → 134

• Operating profit

  +213.4%

  £3,356,000 → £10,517,000

• Profit before tax

  +213.8%

  £3,636,000 → £11,408,000

• Wages

  +10.5%

  £5,723,000 → £6,325,000

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