HOWMET FASTENING SYSTEMS LIMITED

1. HOWMET FASTENING SYSTEMS LIMITED 2020-01-14 → present
2. ARCONIC FASTENING SYSTEMS & RINGS LIMITED 2016-08-22 → 2020-01-14
3. ALCOA FASTENING SYSTEMS LIMITED 2004-02-05 → 2016-08-22
4. HUCK INTERNATIONAL LTD 1992-05-20 → 2004-02-05
5. HUCK-UNITED KINGDOM, LIMITED 1983-11-07 → 1992-05-20
6. HUCK (UNITED KINGDOM) LIMITED 1983-10-21 → 1983-11-07
7. DIKAPPA (NUMBER 260) LIMITED 1983-07-01 → 1983-10-21

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

“The financial statements have been prepared on a going concern basis. The directors have reviewed forecasts covering the twelve months from the date of this report, which demonstrate that the Company is expected to generate profits and positive cash flows, and that it possesses adequate cash reserves to meet its obligations as they fall due. Furthermore, the Company's funds are administered through a centralised cash pooling arrangement within the Howmet Aerospace Group and remain readily accessible. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”

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

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

  -8.3%

  £39,391,000 → £36,120,000

• Cash

  -71.3%

  £11,568,000 → £3,325,000

• Net assets

  -33.4%

  £32,565,000 → £21,688,000

• Employees

  -9.9%

  171 → 154

• Operating profit

  +11.3%

  £1,771,000 → £1,972,000

• Profit before tax

  +15%

  £2,123,000 → £2,441,000

• Wages

  -5%

  £7,159,000 → £6,801,000

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