NTN BEARINGS (UK) LIMITED

1. NTN BEARINGS (UK) LIMITED 1988-03-18 → present
2. NTN BEARINGS-GKN LIMITED 1964-08-21 → 1988-03-18

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

“After making enquiries, the directors have a reasonable expectation that the company had adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “Volatility in global markets, driven by geopolitical tensions has required our organization to maintain operational flexibility, agility and financial discipline.”
• “Uncertainty: Regulatory changes and macroeconomic trends, continues to challenge production planning and forecasting.”
• “Complexity: In supply chains allied with customer expectations with a trend to shift towards digital transformation is demanding an evolving enhanced cross-functional coordination for the company internally and externally to continuously improve integrated systems to ensure efficiency and resilience.”
• “Ambiguity: With innovation and emerging technologies continuously shifting market trends and dynamics, it is essential our workforce engage in continuous learning.”

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

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

  -2.1%

  £20,156,680 → £19,739,881

• Cash

  -44.5%

  £11,739,812 → £6,519,816

• Net assets

  +0.8%

  £20,672,451 → £20,827,811

• Employees

  -2.2%

  46 → 45

• Operating profit

  -15.6%

  £2,392,606 → £2,019,308

• Profit before tax

  -8.4%

  £2,572,570 → £2,356,493

• Wages

  -0.5%

  £2,019,413 → £2,009,779

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