ELLIOTT TURBOMACHINERY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-14 (in 8mo)
Last made up 2025-12-31
Watchouts
None on the register
Cash
£3M
+60.4% vs 2023
Net assets
£18M
-12.8% vs 2023
Employees
128
+4.9% vs 2023
Profit before tax
£4M
-63.5% vs 2023
Name history
Renamed 1 time since incorporation
- ELLIOTT TURBOMACHINERY LIMITED 1987-12-04 → present
- OLTONBRAY LIMITED 1987-05-18 → 1987-12-04
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £95,595,000 | £92,746,000 | |
| Operating profit | £7,024,000 | -£945,000 | |
| Profit before tax | £11,815,000 | £4,312,000 | |
| Net profit | £9,032,000 | £2,635,000 | |
| Cash | £1,906,000 | £3,058,000 | |
| Total assets less current liabilities | £22,523,000 | £19,758,000 | |
| Net assets | £21,094,000 | £18,391,000 | |
| Equity | £21,094,000 | £18,391,000 | |
| Average employees | 122 | 128 | |
| Wages | £10,273,000 | £11,071,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 7.3% | -1.0% | |
| Net margin | 9.4% | 2.8% | |
| Return on capital employed | 31.2% | -4.8% | |
| Current ratio | 1.62x | 1.35x | |
| Interest cover | 51.27x | -4.00x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are satisfied, based on current projections, that Elliott Turbomachinery Limited has and will continue to have sufficient cash resources to meet its liabilities as they fall due for the period to 31 July 2026, being the going concern assessment period.”
Group structure
- ELLIOTT TURBOMACHINERY LIMITED · parent
- Elliott Ebara Middle East W.L.L. 100%
- Elliott Gas Services Saudi Arabia Ltd 55%
- Elliott Turbomachinery FZE 99%
Significant events
- “As at 31 December 2024, the branch had no physical presence and no employees and the official dissolution process had been initiated. The branch was formally dissolved on 23 April 2025.”
- “The company has considered the ongoing conflicts in Russia, Ukraine, Israel and Gaza which has caused significant disruption worldwide. At the outset of these crises, the company took all reasonable steps possible to ensure financial stability and has concluded that at present there are no additional risks to the business.”
- “In June 2023, the High Court handed down a decision in the case of Virgin Media Limited v NTL Pension Trustees II Limited and others relating to the validity of certain historical pension changes due to the lack of actuarial confirmation required by law. The conclusions reached by the court in this case may have implications for other UK defined benefit plans. The company, pension trustees and their legal advisers have been able to discuss the impact for the scheme at a high level and do not believe there are any significant areas of concern at this time.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VONAESCH, Roland Markus | Secretary | 2025-01-01 | — | — |
| BARDET, Gregory Jacques | Director | 2025-01-01 | Nov 1980 | French |
| VONAESCH, Roland Markus | Director | 2025-01-01 | Jul 1982 | Swiss |
| WILLIAMS, Hollie Rosina | Director | 2025-04-03 | Oct 1984 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOWSHER, John Martin | Secretary | 1998-07-29 | 2004-01-01 |
| LAUD, Peter Norman | Secretary | 2017-08-23 | 2021-07-25 |
| VETERE, Adam | Secretary | 2001-12-01 | 2018-08-31 |
| WILLIAMS, Hollie Rosina | Secretary | 2021-07-28 | 2025-01-01 |
| WINTON, Frederick Peter | Secretary | — | 2001-11-01 |
| ASSARD, David George | Director | 1998-12-01 | 2002-08-10 |
| BARNETT, Kevin | Director | 2009-02-01 | 2010-10-29 |
| CASILLO, Antonio | Director | 1998-12-01 | 2006-01-01 |
| CRUICKSHANK, George Simon | Director | 2012-12-17 | 2013-09-15 |
| FRYE, Ronald | Director | 2016-04-01 | 2020-05-01 |
| GILVEAR, Alan Richard | Director | 2009-02-01 | 2012-12-12 |
| HIGGINS, Steven Richard | Director | 2015-01-07 | 2017-08-23 |
| HOSODA, Shugo | Director | 2018-08-31 | 2021-06-18 |
| JANSEN, Adrian Gerrit Pierre | Director | — | 1998-06-30 |
| LAUD, Peter Norman | Director | 2017-08-23 | 2021-07-25 |
| LORDI, Michael Thomas | Director | 2012-12-17 | 2016-04-01 |
| MIYAKI, Takanobu | Director | 2021-06-18 | 2025-01-01 |
| PUNTIS, Graham | Director | 2011-07-26 | 2014-07-31 |
| REPH, Shane Hobert | Director | 2020-05-01 | 2022-07-01 |
| RHODES, Matthew James | Director | 2013-10-09 | 2025-01-01 |
| SMIY, Paul Richard | Director | — | 1998-12-01 |
| TURNER, Ronald De Vere | Director | — | 1997-05-22 |
| VAN SCHAIK, Marcus | Director | 2011-07-26 | 2012-12-12 |
| VESTI, Guido | Director | 2006-01-02 | 2010-04-21 |
| VETERE, Adam | Director | 2001-12-01 | 2018-08-31 |
| WILLIAMS, Hollie Rosina | Director | 2021-07-28 | 2025-01-01 |
| WINTON, Frederick Peter | Director | — | 2001-11-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Elliott Company Co Inc | Corporate entity | Shares 75–100%, Appoints directors, right-to-appoint-and-remove-directors-as-firm | 2016-06-30 | Active |
Filing timeline
Last 20 of 181 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-13 | AA | accounts | Accounts with accounts type full | |
| 2025-04-09 | CH01 | officers | Change person director company with change date | |
| 2025-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-13 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-01-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-11 | AA | accounts | Accounts with accounts type full | |
| 2024-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-14 | AA | accounts | Accounts with accounts type full | |
| 2023-02-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-14 | AA | accounts | Accounts with accounts type full | |
| 2022-07-05 | TM01 | officers | Termination director company with name termination date | |
| 2022-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-10 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-3%
£95,595,000 £92,746,000
-
Cash
+60.4%
£1,906,000 £3,058,000
-
Net assets
-12.8%
£21,094,000 £18,391,000
-
Employees
+4.9%
122 128
-
Operating profit
-113.5%
£7,024,000 -£945,000
-
Profit before tax
-63.5%
£11,815,000 £4,312,000
-
Wages
+7.8%
£10,273,000 £11,071,000
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