DURBIN METAL INDUSTRIES LIMITED

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors of the parent undertaking, Amari Metals Engineering Group Limited, having carefully considered all pertinent matters including the cash reserves of the Group, are satisfied that the Company and Group is a going concern and that sufficient funds are available for a period of at least twelve months from the date of signing these financial statements. The Group treasury function is available to the parent and all companies in the Group; the Directors of this Group accordingly continue to prepare the financial statements on the going concern basis.”

Significant events

• “The Directors of the Company are not satisfied with the results for the year. Turnover and gross profit have decreased compared to 2023 and operating expenses have been subject to inflationary pressures. To provide a platform for sustainable growth and to negate the impact of the specific risks and uncertainties highlighted below, the Company will continue to implement operational efficiency improvements, thereby enhancing productivity and reducing operating expenses.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -19.7%

  £20,046,276 → £16,105,626

• Cash

  -42.4%

  £2,614,316 → £1,506,341

• Net assets

  +13.4%

  £3,691,748 → £4,186,876

• Employees

  -3.3%

  30 → 29

• Operating profit

  -48.3%

  £978,418 → £505,418

• Profit before tax

  -48.3%

  £978,418 → £505,418

• Wages

  -1.7%

  £1,067,898 → £1,049,811

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