NIFCO UK LIMITED

• ◆

  3 officer resignations in last 12 months

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

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. NIFCO UK LIMITED 2001-10-09 → present
2. ELTA PLASTICS LIMITED 1978-12-31 → 2001-10-09
3. FUTURETENSE LIMITED 1978-10-06 → 1978-12-31

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ('the going concern period').”

Significant events

• “FY2024 saw a positive result as sales stabilised over prior years volatility, increasing by 1% over the prior year, with some minor impacts resulting from OEM volume reductions due to a combination of market conditions, additional plant shutdowns and vehicle model strategy repositioning.”
• “The directors have not proposed a final ordinary dividend in respect of the 2024 financial year. The company paid a dividend of £777k in the year related to deferred 2022 dividend.”
• “The company successfully converted £13.5m of additional business in 2024”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  +1.1%

  £51,328,000 → £51,883,000

• Cash

  -25.8%

  £6,941,000 → £5,147,000

• Net assets

  +4.3%

  £31,054,000 → £32,375,000

• Employees

  -2.3%

  434 → 424

• Operating profit

  -4.9%

  £2,480,000 → £2,358,000

• Profit before tax

  -5.2%

  £2,422,000 → £2,296,000

• Wages

  +2.8%

  £13,529,000 → £13,910,000

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