BORGWARNER LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. BORGWARNER LIMITED 2002-11-11 → present
2. BORG-WARNER AUTOMOTIVE TURBO SYSTEMS LIMITED 1999-06-09 → 2002-11-11
3. SCHWITZER (EUROPE) LIMITED 1989-03-22 → 1999-06-09
4. THREE HUNDRED AND FORTY-SIXTH SHELF TRADING COMPANYLIMITED 1989-02-10 → 1989-03-22

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

Auditor

Hazlewoods LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Directors going concern assessment for the Company shows that it has adequate resources to continue in operational existence for the foreseeable future. The assessment also shows that the Company has sufficient cashflow forecast for at least 12 months from the date of signing. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. BORGWARNER LIMITED · parent
   1. Borgwarner PDS (Indiana) Inc 0.17% · USA

Significant events

• “A final dividend of £80,000k in respect of the year ended 31 December 2024 (2023: 30,000K) was approved and paid after the balance sheet date.”
• “During the preparation of the 2024 financial statements, the company identified an error in the calculation of deferred tax in the financial statements for the years ended 31st December 2022 and 31st December 2023.”

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

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -2.5%

  £213,666,000 → £208,262,000

• Cash

  -81.7%

  £11,721,000 → £2,141,000

• Net assets

  +22.9%

  £109,751,000 → £134,859,000

• Employees

  -2%

  343 → 336

• Operating profit

  -13.1%

  £25,790,000 → £22,404,000

• Profit before tax

  -3.8%

  £27,950,000 → £26,878,000

• Wages

  -10.1%

  £15,260,000 → £13,726,000

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