LINDE AMT UK LIMITED

1. LINDE AMT UK LIMITED 2023-11-07 → present
2. PRAXAIR SURFACE TECHNOLOGIES LIMITED 1992-07-01 → 2023-11-07
3. UNION CARBIDE COATINGS SERVICE LIMITED 1989-08-24 → 1992-07-01

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 directors have undertaken cashflow forecasts taking into account impact of sensitivities around financial performance over the next 12 months and beyond including plausible downside scenarios. The Company does not hold significant cash balances and is therefore dependent on the Company's ability to draw funds from its deposits held with a fellow subsidiary of the Linde plc group via a cash pooling arrangement. These funds are available on demand. The directors are not aware of any reasons why the Company should become unable to drawdown funds via its cash pool arrangement. As a result the directors have reasonable expectations that the Company will have adequate resources to continue to meet its liabilities as they fall due over the next twelve months from the date of approval of the Company's financial statements made up to 31 Dooomber 2024 and have therefore prepared the financial statements on a going concern basis.”

Significant events

• “As outlined in the strategic report, the Company suffered the loss of one of its plants in the UK at Weston Super Mare as a result of a catastrophic fire in December 2022. Despite this setback the directors are confident about the future success of the business. Operations continue as normal in Swindon and Lincoln. Some of the work previously processed at the Weston Super Mare site has been diverted to Swindon and Lincoln whilst a sister company in the United States of America continues to undertake a proportion of that work.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +2.4%

  £29,907,000 → £30,628,000

• Cash

  +100%

  £2,000 → £4,000

• Net assets

  +13.2%

  £78,493,000 → £88,862,000

• Employees

  -5.2%

  193 → 183

• Operating profit

  -85.8%

  £36,699,000 → £5,211,000

• Profit before tax

  -75.6%

  £39,470,000 → £9,648,000

• Wages

  -1.4%

  £8,378,000 → £8,262,000

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