GOULD ALLOYS LTD

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

1. GOULD ALLOYS LTD 1984-12-05 → present
2. HELPVIEW LIMITED 1984-10-11 → 1984-12-05

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

Crowe U.K. LLP

Audit opinion

Qualified

Going concern

Affirmed

“The Directors of the parent undertaking, Aero Metals Alliance UK Limited, having carefully considered all pertinent matters 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 Company participates in a group treasury function available to the parent and all companies in the group; the Directors of this Company accordingly continue to prepare the financial statements on the going concern basis.”

Significant events

• “The Company's stock as shown on the balance sheet as at 31 December 2024 includes a stock provision against specific stock lines of £10,152,134 (2023: £7,817,319). Some stock lines with these specific provisions against them, are provided for purely due to their age, resulting in the carrying value of stock being understated.”
• “Our assessment was that this understatement of stock was up to £4,075,000 (2023: £1,470,000). Accordingly, considering the cumulative impact between the 2 years, the profit for the year before taxation should be increased by £2,605,000 in 2024 (2023: profit decreased by £830,000), stocks held should be increased by £4,075,000 in 2024 (2023: £1,470,000) and the retained earnings should be increased by £4,075,000 in 2024 (2023: £1,470,000).”

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

Filings

6

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

  0%

  £46,314,042 → £46,321,378

• Cash

  +51.1%

  £1,106,686 → £1,671,661

• Net assets

  +90.2%

  £5,193,039 → £9,875,110

• Employees

  +8.7%

  92 → 100

• Operating profit

  -17.1%

  £2,056,161 → £1,705,548

• Profit before tax

  -7.2%

  £1,820,507 → £1,689,731

• Wages

  +5.1%

  £3,443,541 → £3,620,048

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