SLINGSBY ADVANCED COMPOSITES LIMITED

1. SLINGSBY ADVANCED COMPOSITES LIMITED 2006-08-10 → present
2. SLINGSBY AVIATION LIMITED 1983-03-08 → 2006-08-10
3. SCALEVINE LIMITED 1982-12-24 → 1983-03-08

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As part of their going concern assessment, which covers the period from the date of the approval of these financial statements for a period of 12 months, the directors have looked out to 31 December 2027 to reflect on events and conditions beyond the minimum period that may cast significant doubt upon the continuing use of the going concern basis of accounting. They have also modelled severe but plausible downside scenarios, alongside having considered: the future cash flow forecasts for the company together with its future working capital requirements; the financial resources available to the company and the level of any committed funding; the macroeconomic environment in the UK. Having taken into account the above, the directors are satisfied that the company will be able to meet its liabilities as they fall due for a period of at least one year from the date of approval of these financial statements. Accordingly, they have prepared the financial statements on a going concern basis.”

Significant events

• “On 27 June 2025 the entire shareholding of Slingsby Holdings Limited was acquired by Mangohojden AB, a Swedish Defence and Aerospace group.”
• “Production of some projects were again delayed by both supply chain issues (dependence on single source supply) and lack of availability of free issue stock from customers. This impacted particularly in December 2024 where deliveries of some products were delayed into January 2025 due to issues with performance of the supply chain in some areas.”
• “Increased defence spending has led to an increase in the volume of both new opportunities and existing product lines. Current projects are seeing increases in both the quantity required and speed of delivery across a number of steady state production lines. New opportunities in both marine and aviation markets are being explored and the expectation is that there will be a number of new projects commencing throughout 2025 and into 2026.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  +8.2%

  £14,156,228 → £15,311,183

• Cash

  +162.2%

  -£12,799 → £7,959

• Net assets

  +30.7%

  £7,115,241 → £9,299,821

• Employees

  +1.9%

  104 → 106

• Profit before tax

  +13.3%

  £1,971,793 → £2,233,979

• Wages

  -8.9%

  £5,053,138 → £4,603,328

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