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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-28

Confirmation statement due

2026-10-10 (in 5mo)

Last made up 2025-09-26

Watchouts

None on the register

Cash

£800K

0% vs 2024

Net assets

-£21M

-77.1% vs 2024

Employees

1,337

+8.4% vs 2024

Profit before tax

-£9M

+51.1% vs 2024

Accounts

2-year trend · latest reflected 2025-03-28

Metric Trend 2024-03-292025-03-28
Turnover £171,800,000£172,500,000
Operating profit -£16,200,000-£5,900,000
Profit before tax -£18,400,000-£9,000,000
Net profit -£17,800,000-£9,100,000
Cash £800,000£800,000
Total assets less current liabilities £40,800,000-£7,200,000
Net assets -£11,800,000-£20,900,000
Equity -£11,800,000-£20,900,000
Average employees 1,2331,337
Wages £40,600,000£44,600,000

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-03-292025-03-28
Operating margin -9.4%-3.4%
Net margin -10.4%-5.3%
Return on capital employed -39.7%81.9%
Gearing (liabilities / total assets) 113.5%128.9%
Current ratio 1.52x0.65x
Interest cover -7.36x-1.90x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have concluded that it is appropriate to adopt the going concern basis, having undertaken an assessment of the financial forecasts for the 12 month period from the date of approval of these financial statements. ... They do not consider there to be a material uncertainty relating to the Group's and the Company's ability to continue as a going concern.”

Significant events

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

People

4 active · 32 resigned

Name Role Appointed Born Nationality
O'GORMAN, Timothy Joseph Gerard Secretary 2021-12-09
BIRCH, Henry Benedict Director 2025-04-16 Feb 1969 British
HARTLEY, Johanna Ruth Director 2022-10-04 Mar 1975 British
O'HARA, Paul David Director 2022-01-21 Apr 1978 British
Show 32 resigned officers
Name Role Appointed Resigned
AINSWORTH, Robert David Secretary 1997-04-30
CARLISLE, Christopher Arthur Secretary 1998-07-13 2000-02-29
DAVIES, Ian Gerard Secretary 1997-04-30 1997-09-30
EGAN, Anthony Trevor Secretary 1997-10-01 1998-07-10
KEMP, John Secretary 2003-02-21 2007-10-20
LYNAM, Zaneta Joy Secretary 2000-03-31 2003-02-21
TAYLOR, John Alexander Secretary 2007-11-09 2021-12-09
AINSWORTH, Robert David Director 1997-04-30
ALLSOP, Shaun Kevin Director 1999-04-01 2000-08-31
BRADSHAW, Stephen James Director 1995-02-01 1997-02-19
BRANDT, Hans-Joachim Director 1997-03-04 1999-04-01
CALDWELL, John Irvine Director 2002-01-04 2021-12-09
CALDWELL, John Irvine Director 2002-01-04 2007-10-20
DAGG, Thomas Russell Director 1992-07-31
DUNLEAVY, Adrian James Director 1999-04-01 2001-08-31
GIESELMANN, Helmut Director 1996-06-03 1996-09-06
JONES, Richard Franklyn Director 1992-09-10
KEMP, John Director 2001-12-28 2007-10-20
MARSHALL, Crichton Director 1994-09-22 1996-04-14
MOONEY, Alan Donal Director 1997-03-04 2000-07-31
MUIR, James Michael Director 1992-01-31
PARKER, Richardallan Platts Director 2001-12-20
PICKEN, Finlay Ferguson Director 1992-12-31
RANDALL, Andrew John Director 2021-12-09 2022-10-07
REVIE, Alan Livingstone Director 2001-12-28 2021-12-09
RILEY, Roy Director 1991-12-31
SCHINDLER, Wolfram August Josef Director 1994-07-04
SIMON, Rainer, Dr Director 1994-09-22 1995-12-31
STAPLETON, Graham Barry Director 2021-12-09 2025-04-15
SUTTMEYER, Johannes Director 2001-12-20 2001-12-28
TAYLOR, John Alexander Director 2002-01-04 2021-12-09
WIPER, Robert Director 1992-08-07 1994-09-09

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Axle Group Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence 2016-04-06 Active

Filing timeline

Last 20 of 245 total filings

Date Type Category Description
2025-11-19 AA accounts Accounts with accounts type full
2025-09-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-01 AP01 officers Appoint person director company with name date PDF
2025-05-01 TM01 officers Termination director company with name termination date PDF
2024-11-07 AA accounts Accounts with accounts type full
2024-09-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-23 AA accounts Accounts with accounts type full
2023-09-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-17 AP01 officers Appoint person director company with name date PDF
2022-10-17 TM01 officers Termination director company with name termination date PDF
2022-10-12 AA accounts Accounts with accounts type full
2022-09-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-01-21 AP01 officers Appoint person director company with name date PDF
2021-12-30 RP04AP01 officers Second filing of director appointment with name PDF
2021-12-23 AA01 accounts Change account reference date company current extended PDF
2021-12-17 AD01 address Change registered office address company with date old address new address PDF
2021-12-17 TM01 officers Termination director company with name termination date PDF
2021-12-17 TM01 officers Termination director company with name termination date PDF
2021-12-17 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-03-28 vs 2024-03-29

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

Official Companies House page