BALDWIN TECHNOLOGY LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2026-06-14 (in 1mo)
Last made up 2025-05-31
Watchouts
Cash
£77K
-81.5% vs 2023
Net assets
-£2M
-458.3% vs 2023
Employees
83
-12.6% vs 2023
Profit before tax
-£4M
-545.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The financial statements are prepared on a basis other than going concern, as described in the below Emphasis of Matter paragraph. We draw attention to the narrative in the Going Concern Policy, which describes the fact that the financial statements are not prepared under the going concern basis.
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1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 5 times since incorporation
- BALDWIN TECHNOLOGY LIMITED 2016-12-12 → present
- BALDWIN UV LIMITED 2010-07-07 → 2016-12-12
- NORDSON UV LIMITED 1999-09-30 → 2010-07-07
- SPECTRAL TECHNOLOGY GROUP LIMITED 1990-05-25 → 1999-09-30
- COLORDRY LIMITED 1978-12-31 → 1990-05-25
- INDUSTRIAL HIGH DRY LIMITED 1975-01-22 → 1978-12-31
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Turnover | £15,384,067 | £10,828,587 | |
| Operating profit | -£627,669 | -£4,205,572 | |
| Profit before tax | -£651,202 | -£4,203,459 | |
| Net profit | -£505,779 | -£2,966,492 | |
| Cash | £416,590 | £76,920 | |
| Total assets less current liabilities | £1,478,865 | -£416,287 | |
| Net assets | £647,319 | -£2,319,173 | |
| Equity | £647,319 | -£2,319,173 | |
| Average employees | 95 | 83 | |
| Wages | £3,861,740 | £4,335,229 |
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 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Operating margin | -4.1% | -38.8% | |
| Net margin | -3.3% | -27.4% | |
| Return on capital employed | -42.4% | 1010.3% | |
| Current ratio | 1.17x | 0.90x | |
| Interest cover | -26.49x | -13393.54x |
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
- Consolidated group
- Auditor
- Lovewell Blake LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The financial statements are prepared on a basis other than going concern, as described in the below Emphasis of Matter paragraph. We draw attention to the narrative in the Going Concern Policy, which describes the fact that the financial statements are not prepared under the going concern basis.”
Group structure
- BALDWIN TECHNOLOGY LIMITED · parent
- Primarc Limited 100%
- Quadtech UK Limited 100%
- Quadtech Ireland Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GABLE, Ryan | Director | 2012-03-22 | Mar 1977 | American |
| HOLTHOUSE, Brian | Director | 2021-08-09 | Jul 1988 | American |
| VOSPER, Suzanne Margaret | Director | 2025-09-09 | Apr 1978 | British |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRIDGER, David James | Secretary | — | 1996-01-26 |
| EVANS, Philip David | Secretary | 2017-06-01 | 2018-05-11 |
| FLEMING, Mark Timothy | Secretary | 2018-05-11 | 2022-03-02 |
| CLARKS NOMINEES LIMITED | Corporate Secretary | 1997-02-10 | 2017-06-01 |
| MAWLAW SECRETARIES LIMITED | Corporate Secretary | 1996-01-26 | 1997-02-10 |
| AINSWORTH, James | Director | 2003-07-27 | 2011-01-10 |
| BECKER, Brent | Director | 2017-06-01 | 2018-10-12 |
| BECKER, Mark Thomas | Director | 2011-03-02 | 2012-03-22 |
| BELL, Donald Mcrae | Director | — | 1998-03-31 |
| BRIDGER, David James | Director | — | 1996-01-26 |
| CAMPBELL, Edward Patrick | Director | 1996-01-26 | 2010-01-30 |
| CAWTHORNE, Rupert Peter | Director | — | 1996-01-26 |
| CHAPMAN, William Kyle | Director | 2012-03-22 | 2021-08-09 |
| COOK, Michael Robert | Director | 1999-10-01 | 2003-08-31 |
| DILLON, John | Director | 2001-10-01 | 2003-09-08 |
| DUNN, Robert Andrew | Director | 1998-03-31 | 2009-01-30 |
| EVANS, Philip David | Director | 2017-06-01 | 2018-05-11 |
| FLEMING, Mark Timothy | Director | 2018-05-11 | 2022-03-02 |
| FORREST, Leon Francis | Director | 2016-01-07 | 2018-12-05 |
| JACKSON, John Evans | Director | 1996-01-26 | 1998-03-31 |
| JORDAN, John P | Director | 2010-06-30 | 2011-02-16 |
| KEOGH, Patrick Gerard | Director | 2011-01-10 | 2025-09-09 |
| LOCKWOOD, Adrian William Henry | Director | — | 1996-01-26 |
| MORGAN, Richard Clark | Director | 1997-07-29 | 2001-03-01 |
| NIXON, David George | Director | 2010-06-30 | 2017-06-01 |
| PELLECCHIA, Nicholas Dominic | Director | 1996-01-26 | 2006-02-28 |
| PITMAN, Giles William | Director | — | 1996-01-26 |
| RICHARDS, Leon Federick | Director | 2011-03-02 | 2012-03-22 |
| SOOD, Rajiv | Director | 1998-03-31 | 1999-10-31 |
| SOPER, Kenneth John | Director | 1999-10-01 | 2002-01-31 |
| STOTT, Timothy Yewdall Cliff | Director | 1999-10-01 | 2000-02-05 |
| THAXTON, Gregory Alan | Director | 2006-03-01 | 2010-06-30 |
| WEISSER, Steffen Karl Herman, Dr | Director | 2010-06-30 | 2013-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Robert Hall Chapman | Individual | Significant influence | 2016-04-06 | Ceased 2026-03-19 |
Filing timeline
Last 20 of 257 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-04-01 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-09-30 | AA | accounts | Accounts with accounts type group | |
| 2025-09-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-20 | AA | accounts | Accounts with accounts type group | |
| 2024-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-10 | AA | accounts | Accounts with accounts type group | |
| 2023-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-08 | CH01 | officers | Change person director company with change date | |
| 2023-06-08 | CH01 | officers | Change person director company with change date | |
| 2022-07-07 | AA | accounts | Accounts with accounts type group | |
| 2022-06-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-06-13 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-09-11 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-11 | AP01 | officers | Appoint person director company with name date | |
| 2021-07-09 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30
-
Turnover
-29.6%
£15,384,067 £10,828,587
-
Cash
-81.5%
£416,590 £76,920
-
Net assets
-458.3%
£647,319 -£2,319,173
-
Employees
-12.6%
95 83
-
Operating profit
-570%
-£627,669 -£4,205,572
-
Profit before tax
-545.5%
-£651,202 -£4,203,459
-
Wages
+12.3%
£3,861,740 £4,335,229
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