FNH UK LIMITED

1. FNH UK LIMITED 2017-08-31 → present
2. MANROY ENGINEERING LIMITED 1987-01-26 → 2017-08-31

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

IFRS

Reporting scope

Consolidated group

Auditor

Rouse Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As part of the regular financial management of the Company, the Directors review the detailed cash flow projections and cash requirements of the Company. These cash flow projections include the net cash flows arising from operations, capital expenditure proposals and the financial effect of any planned business expansion. The projections take into account bank and other financing facilities available to the Company and assess the cash flow adequacy of the Company on a month by month basis for a twelve month forward period from the date that the financial statements are signed. The projections indicate that the Company will achieve a profit after tax position for the financial years ending 31 December 2025 and 31 December 2026. Thus, the financial statements have been prepared on a going concern basis, which assumes that the Company will be able to meet its liabilities as they fall due for at least 12 months from the date of this report. After making such enquiries as they consider appropriate, the Directors consider that there is a reasonable expectation that the Company has adequate cash and related financial resources to continue in business for the foreseeable future. In making this conclusion, the Directors have considered the letter received from FN Herstal SA (parent company) to FNH UK Limited confirming they will not seek repayment of their loans (which are currently presented as a current liability) for a period of 12 months from the date of approval of the 31 December 2024 financial statements. The Directors have therefore adopted the going concern basis in the preparation of the financial statements for the period ended 31 December 2024.”

Significant events

• “On the 9th July 2025 the Company issued 12,800,000 ordinary shares of £1.00 each in the capital of the Company (the "Shares") for a subscription price of £1.00 per ordinary share (£12,800,000 in aggregate) payable in cash (the "Subscription Price") subject to the Company's articles of association.”

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

1

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

  +3.2%

  £18,857,000 → £19,452,000

• Cash

  -71%

  £214,000 → £62,000

• Net assets

  +3.7%

  £6,150,000 → £6,375,000

• Employees

  +11.6%

  69 → 77

• Operating profit

  +57%

  £793,000 → £1,245,000

• Profit before tax

  +127.2%

  £136,000 → £309,000

• Wages

  +10.4%

  £3,629,000 → £4,006,000

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