ANTI-FRICTION COMPONENTS LIMITED

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-09-05 (in 4mo)

Last made up 2025-08-22

Watchouts

1 item

Cash

£190K

-65.1% vs 2023

Net assets

£6M

+10.8% highest in 6 filed years

Employees

129

+4.9% highest in 6 filed years

Profit before tax

£826K

-28.8% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

6 PSCs ceased in last 24 months

Significant control changed hands — see the Ownership section.

Net assets

10-year trend · vs Consumer Discretionary median

ANTI-FRICTION COMPONENTS LIMITED·Consumer Discretionary median · n=5592

Accounts

10-year trend · latest reflected 2024-12-31

Metric	2019-12-31	2020-01-01	2020-12-31	2021-01-01	2021-12-31	2022-01-01	2022-12-31	2023-01-01	2023-12-31	2024-12-31
Turnover	£17,268,230	—	£17,818,303	—	£21,631,947	—	£24,003,781	—	£25,916,164	£25,909,589
Operating profit	£894,513	—	£433,704	—	£730,627	—	£1,080,633	—	£1,204,327	£888,152
Profit before tax	£834,045	—	£408,049	—	£685,064	—	£1,033,849	—	£1,159,259	£825,860
Net profit	£670,174	—	£324,090	—	£548,361	—	£820,416	—	£877,284	£613,186
Cash	£37,410	£37,400	£75,329	£75,319	£151,728	£151,728	£218,987	—	£543,662	£189,787
Total assets less current liabilities	£3,243,548	—	£3,580,488	—	£4,369,212	—	£5,171,005	—	£6,030,813	£9,185,987
Net assets	£3,106,034	—	£3,430,124	—	£3,978,485	—	£4,798,901	—	£5,676,185	£6,289,371
Equity	£3,106,034	—	£3,430,124	—	£3,978,485	—	£4,798,901	—	£5,676,185	£6,289,371
Average employees	91	—	107	—	127	—	125	—	123	129
Wages	£2,893,167	—	£3,117,366	—	£3,612,754	—	£3,819,465	—	£4,045,615	£4,341,759

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	2019-12-31	2020-01-01	2020-12-31	2021-01-01	2021-12-31	2022-01-01	2022-12-31	2023-01-01	2023-12-31	2024-12-31
Operating margin	5.2%	—	2.4%	—	3.4%	—	4.5%	—	4.6%	3.4%
Net margin	3.9%	—	1.8%	—	2.5%	—	3.4%	—	3.4%	2.4%
Return on capital employed	27.6%	—	12.1%	—	16.7%	—	20.9%	—	20.0%	9.7%
Current ratio	—	—	—	—	—	—	—	—	1.90x	1.68x
Interest cover	14.79x	—	16.91x	—	16.04x	—	23.10x	—	26.72x	14.26x

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: Bishop Fleming LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

ANTI-FRICTION COMPONENTS LIMITED · parent
1. Scots Bearings Ltd 100% · Scotland

Significant events

“Despite slight decline in sales during the year our business is still stable, and we have successfully completed the acquisition of Scots Bearings Limited in December 2024. Scots Bearings Limited is one of the biggest bearings and power transmission distributors in Scotland.”

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

People

6 active · 26 resigned

Name	Role	Appointed	Born	Nationality
PRICE, William John	Secretary	1997-01-22	—	British
BANDELLI, Alessandro Michele, Dr	Director	2023-05-30	Dec 1978	Italian
BIANCHI, Alberto Maria	Director	2011-05-20	Apr 1955	Italian
CAVALLO, Ivano	Director	2018-05-15	Feb 1969	Italian
DE CHIARA, Danilo, Dr	Director	2023-05-30	Sep 1969	Italian
FLEMING, Andrew James	Director	2018-05-15	Aug 1974	British

Show 26 resigned officers

Name	Role	Appointed	Resigned
BATT, Amanda Jayne	Secretary	—	1993-02-27
DAVISON, Mark Joseph	Secretary	1993-02-28	1993-10-25
SLABBERT, Peter Charles	Secretary	—	1996-07-31
BALMER, Richard Sean Cameron	Director	2000-09-27	2009-08-09
BANDELLI, Alessandro Michele	Director	2013-03-04	2016-11-30
BANDELLI, Marino Giuseppe, Dr	Director	2011-05-20	2023-05-30
BATT, Alan James	Director	—	1999-07-31
BATT, Anthony John	Director	—	2011-07-07
CUGNASCHI, Roberto	Director	2011-05-20	2011-06-29
DAVIES, Neil Wayne	Director	2000-09-27	2011-07-06
DAVIS, Robert William	Director	2003-02-01	2017-09-30
DAVISON, Mark Joseph	Director	1992-11-30	1993-10-25
FAUDA, Alberto	Director	2017-05-12	2023-05-29
FAUDA, Alberto	Director	2011-05-20	2011-06-29
FERRARI, Tito Giuseppe	Director	2011-06-29	2016-11-30
FLEMING, Andrew James	Director	2007-06-01	2011-07-13
HORN, Alan David	Director	2013-06-25	2016-11-30
JONES, Trevor John	Director	—	2011-07-07
MCANDREW, John Michael	Director	2011-05-20	2012-06-21
MORGAN, John	Director	1992-09-30	1992-11-30
RELF, Anthony Thomas	Director	—	1996-02-16
SLABBERT, Daniel Justin	Director	2004-06-10	2011-05-20
SLABBERT, Daniel Stephanus	Director	1992-09-30	2011-05-20
THOMAS, Christopher Rex	Director	—	1995-09-03
TOSI, Gabriele	Director	2012-06-22	2013-03-04
WILLIS, Roger	Director	—	1998-02-01

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Bianchi Industrial Spa	Corporate entity	Shares 50–75%, Voting 50–75%	2024-06-20	Active
Mondial Spa	Corporate entity	Shares 25–50%, Voting 75–100%	2024-06-20	Active
Simon Fiduciaria Spa	Corporate entity	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2024-08-22
Mr Rodolfo Pisoni Di Poggio Castellano	Individual	Shares 50–75%, Voting 50–75%	2016-04-06	Ceased 2024-08-08
Mr Marino Bandelli	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2024-08-07
Mr Alberto Maria Bianchi	Individual	Shares 50–75%, Voting 50–75%, Appoints directors, Significant influence	2016-04-06	Ceased 2024-08-07
Mondial Spa	Corporate entity	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2024-06-20
Bianchi Industrial Spa	Corporate entity	Shares 50–75%, Voting 50–75%, Appoints directors, Significant influence	2016-04-06	Ceased 2024-06-20

Filing timeline

Last 20 of 202 total filings

Date	Type	Category	Description
2025-08-25	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-07-30	AA	accounts	Accounts with accounts type group	PDF
2024-08-22	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-08-22	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2024-08-08	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2024-08-07	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2024-08-07	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2024-07-09	AA	accounts	Accounts with accounts type full	PDF
2024-06-21	PSC02	persons-with-significant-control	Notification of a person with significant control	PDF
2024-06-21	PSC02	persons-with-significant-control	Notification of a person with significant control	PDF
2024-06-20	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2024-06-20	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2024-06-20	PSC04	persons-with-significant-control	Change to a person with significant control	PDF
2023-08-29	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-06-19	AA	accounts	Accounts with accounts type full	PDF
2023-05-31	TM01	officers	Termination director company with name termination date	PDF
2023-05-31	AP01	officers	Appoint person director company with name date	PDF
2023-05-31	AP01	officers	Appoint person director company with name date	PDF
2023-05-30	TM01	officers	Termination director company with name termination date	PDF
2022-08-22	CS01	confirmation-statement	Confirmation statement with no updates	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 2
Capital events: 0
Officers appointed: 0
Officers resigned: 0

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

0%

£25,916,164 £25,909,589
Cash

-65.1%

£543,662 £189,787
Net assets

+10.8%

£5,676,185 £6,289,371

highest in 6 filed years
Employees

+4.9%

123 129

highest in 6 filed years
Operating profit

-26.3%

£1,204,327 £888,152
Profit before tax

-28.8%

£1,159,259 £825,860
Wages

+7.3%

£4,045,615 £4,341,759

highest in 6 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page