MARMON GROUP LIMITED(THE)

1. MARMON GROUP LIMITED(THE) 1979-12-31 → present
2. LEGIBUS NINETY-ONE LIMITED 1978-06-30 → 1979-12-31

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 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have concluded, after taking into account the parental support and dividends of £22,090k paid in January 2025, that they have a reasonable expectation that the Company will have adequate resources to continue in operational existence for a period of at least 12 months from the date of signing the annual report. Thus, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. MARMON GROUP LIMITED(THE) · parent
   1. Cerro Precision Limited 100% · Non-trading
   2. Sloane Poland sp. Z.o.o. 100% · Poland · Design and manufacture of retail display systems
   3. SISU Axles Inc. 100% · Design and manufacture of heavy duty axles
   4. CCPI Europe Limited 100% · Design and manufacture of thermocouple and temperature measurement products
   5. 2K Polymer Solutions Limited 100% · Manufacturing of polymer products for anchoring, bonding and repair applications
   6. TBS Engineering Limited 100% · Production of automatic machinery for the lead acid battery industry

Significant events

• “At the start of 2025 and as a result of reducing financial performance, a decision was made to close the Domestic Water Treatment and the Metal and Alloys divisions.”
• “In relation to the closure of these divisions in 2025, severance costs of £986k and other costs of £1,579k have been incurred and accounted for in 2025. Part of the Metal and Alloys business was sold on the 7th November. A confidentiality clause restricts disclosure of the sales amount.”
• “Included within the statement of comprehensive income for the year ended 31 December 2024 is turnover of £8,779k and a loss after tax of £343k in respect of these two divisions.”
• “In January 2025 the company paid a dividend of £22,090k.”
• “On 4 December 2024, a special resolution was passed to reduce the issued share capital from £141,692k to £21,692k by cancelling and extinguishing 120,000k of the fully paid up ordinary shares of nominal value £1 each. No consideration was paid for these shares and the full amount of £120,000k has been credited to the profit and loss account to be treated as realised profit.”

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

Filings

2

last 12 months

Capital events

4

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.

• Turnover

  +4.5%

  £48,676,000 → £50,890,000

• Cash

  +27%

  £70,634,000 → £89,706,000

• Net assets

  +25.9%

  £87,960,000 → £110,732,000

• Employees

  -1.1%

  175 → 173

• Operating profit

  +27.3%

  £2,583,000 → £3,287,000

• Profit before tax

  +1,332.5%

  £1,697,000 → £24,310,000

• Wages

  +4.8%

  £7,929,000 → £8,312,000

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