SPIROL INDUSTRIES LIMITED

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

Hawsons Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After due consideration of all relevant factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”

Group structure

1. SPIROL INDUSTRIES LIMITED · parent
   1. Spirol SAS (France) 100% · France · supply of engineered fasteners
   2. Spirol Gmbh 100% · Germany · supply of engineered fasteners
   3. Spriol SRO 100% · Prague · supply of engineered fasteners

Significant events

• “The unexpected disruptions to the global trade environment throughout the year created challenges in global supply chains and in revenue generation.”
• “the decision was made to shift a significant amount of future production from our US sister company to SPIROL Industries Limited.”
• “tooling expenses ramped up to £422,000, representing more than a 300% increase over historical high points”
• “global uncertainty many customers moved into a destocking situation in the year where order rates on historical business slowed and new projects were delayed”
• “Capital investments continued despite the muted financial performance to ensure the health and stability of the business and the continuity of product supply to our customers. We continued the machine rebuild program”
• “Significant investment was made into the product wash and degrease process, which has a direct impact on product quality”
• “Spirol Automation Limited was dissolved on 5 November 2024.”

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

Filings

2

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

  +1.2%

  £7,717,167 → £7,807,445

• Cash

  -52.8%

  £1,096,707 → £517,361

• Net assets

  -27.7%

  £6,412,840 → £4,637,270

• Employees

  +7%

  57 → 61

• Operating profit

  -136.5%

  -£689,335 → -£1,630,440

• Profit before tax

  -142.4%

  -£674,038 → -£1,633,570

• Wages

  +11.9%

  £2,884,389 → £3,226,527

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