NSK BEARINGS EUROPE LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. NSK BEARINGS EUROPE LIMITED 1998-08-26 → present
2. N.S.K. BEARINGS EUROPE LIMITED 1974-04-04 → 1998-08-26

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

Daniel Dennett for Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have defined the going concern period as the 12-month period commencing from the date of approval of these financial statements. The company is part of a larger Group which manages cash resources on a group wide basis. As such NSK Europe Limited, the immediate parent company, has confirmed in writing that it will support the company to meets its liabilities as they fall due throughout the going concern period.”

Significant events

• “During the year ended 31 March 2025, the Company booked an impairment charge of €4.2 million to Fixed assets (2024: €3.4 million, €2.7 million to Fixed assets and €0.7 million to inventory) arising from the decision to cease manufacture on one of its production lines in the calendar year ending 31 December 2025.”
• “The charge in the current year relates to the decision to cease manufacture on one of its production lines.”

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

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -5.6%

  £156,214,459 → £147,473,994

• Cash

  -5.8%

  £12,773,925 → £12,032,767

• Net assets

  +169.1%

  £1,432,039 → £3,853,155

• Employees

  -7.3%

  669 → 620

• Profit before tax

  -51.3%

  £6,252,601 → £3,043,516

• Wages

  +9.1%

  £23,223,821 → £25,326,803

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