FERRO METAL AND CHEMICAL CORPORATION LIMITED

1. FERRO METAL AND CHEMICAL CORPORATION LIMITED 1987-01-01 → present
2. SMETCHEM LIMITED 1984-12-10 → 1987-01-01
3. LEGIBUS 308 LIMITED 1983-03-25 → 1984-12-10

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

Consolidated group

Auditor

BKL Audit 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. FERRO METAL AND CHEMICAL CORPORATION LIMITED · parent
   1. Ferro Metal and Chemical Company Limited 100% · England · Non-trading

Significant events

• “No interim dividend was paid during the year and no final dividend is proposed.”
• “There have not been any important post statement of financial position events, nor are there any major plans for future development.”

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

Filings

4

last 12 months

Capital events

0

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

  -28.1%

  £3,937,146 → £2,830,015

• Cash

  +87.2%

  £309,137 → £578,766

• Net assets

  -2.2%

  £1,661,766 → £1,625,814

• Employees

  +25%

  8 → 10

• Operating profit

  -129.6%

  £179,564 → -£53,212

• Profit before tax

  -126.4%

  £183,909 → -£48,607

• Wages

  +16.1%

  £806,784 → £936,855

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