ASSA ABLOY ENTRANCE SYSTEMS LTD

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

1. ASSA ABLOY ENTRANCE SYSTEMS LTD 2013-01-11 → present
2. BESAM LIMITED 1976-12-31 → 2013-01-11
3. BESAM (GREAT BRITAIN) LIMITED 1967-07-17 → 1976-12-31

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 101

Reporting scope

Standalone (parent only)

Auditor

Hawsons Chartered Accountants

Audit opinion

Qualified

Going concern

Affirmed

“The Directors have concluded that, if required, ASSA ABLOY Limited will be able to provide financial support to the Company until 31 March 2027 (the going concern period). Accordingly, the Directors are satisfied that they have a reasonable basis upon which to conclude the Company is able to meet its liabilities as they fall due in the foreseeable future, and it remains appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. ASSA ABLOY ENTRANCE SYSTEMS LTD · parent
   1. Dover Vanguard Roller Shutters Limited 1% · England and Wales · manufacture, marketing and distribution of custom roll-up doors for the retail, transportation and emergency industries
   2. Industrial Door Engineering Limited 1% · England and Wales · manufacture, installation and repair of industrial doors
   3. Nassau Industrial Doors Limited 1% · England and Wales · dormant company

Significant events

• “An interim dividend of £10,000,000 was paid in the year ending 31 December 2024.”
• “The Company recorded an impairment charge in the year in respect of its investment in Industrial Door Engineering Limited of £402,000 (2023 - £1,830,000) to reflect the downturn in business performance.”

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

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -11.1%

  £25,159,000 → £22,366,000

• Cash

  -96.4%

  £8,622,000 → £308,000

• Net assets

  -50.9%

  £17,162,000 → £8,431,000

• Employees

  -0.9%

  107 → 106

• Operating profit

  -16.5%

  £1,015,000 → £848,000

• Profit before tax

  +632.8%

  -£341,000 → £1,817,000

• Wages

  -4.9%

  £6,176,000 → £5,871,000

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