LINDAL VALVE COMPANY LIMITED

1. LINDAL VALVE COMPANY LIMITED 1980-12-31 → present
2. NEWMAN-GREEN VALVE COMPANY LIMITED 1959-07-01 → 1980-12-31

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

CLA Evelyn Partners Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As explained in the note on pages 17 to 18 the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Cash flow forecast scenarios have been prepared which support the position that the Company has adequate financial resources to fund its activities over the forecast period. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “2024 saw a significant improvement in profitability compared to 2023 for Lindal Valve Co. Ltd. Whilst sales for the year were £2.4m lower than 2023, material and processing costs were also lower resulting in a profit for the year of £0.2m versus a loss of £1.2m in 2023.”
• “During the year the factory volume production year on year was consistent at approx. 1.4 billion parts.”
• “Other operational cost improvements during 2024 included a decrease in utility costs of 11.9% by moving from a fixed rate contract to a flexi rate contract which resulted in an annual cost saving of £0.2m.”
• “The focused drive to be more pro-active on total preventative maintenance programs during 2024 saw a decrease in maintenance spend versus 2023 of £0.2m.”
• “FX has had a relatively minimal impact on Lindal Valve during 2024 with a FX loss of £0.5m recognised.”
• “Expansion of the EV fleet in 2024, with six fully electric vehicles and two hybrids;”
• “Replacement of three hydraulic injection moulding machines with fully electric moulding machines in 2024;”
• “Ongoing process to replace four additional hydraulic injection moulding machines with fully electric machines at the beginning of 2025;”
• “Upgrade of factory lighting to a more efficient LED lighting system.”

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

Filings

9

last 12 months

Capital events

0

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

  -4.3%

  £56,758,000 → £54,312,000

• Cash

  -70%

  £363,000 → £109,000

• Net assets

  +1.7%

  £12,389,000 → £12,594,000

• Employees

  -1.2%

  172 → 170

• Operating profit

  +162.3%

  -£1,357,000 → £846,000

• Profit before tax

  +132.2%

  -£1,613,000 → £520,000

• Wages

  +4%

  £6,036,000 → £6,276,000

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