BOWERS METROLOGY LIMITED

1. BOWERS METROLOGY LIMITED 1997-11-03 → present
2. BOWERS INTERNAL GAUGE COMPANY LIMITED 1997-10-28 → 1997-11-03
3. BOWERS INTERNAL GAUGE COMPANY LIMITED 1990-01-09 → 1997-10-28
4. BOWERS HOLDINGS LIMITED 1989-10-30 → 1990-01-09

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group continues to manage its cash resources in the current trading environment. It has a solid relationship with its facility provider and continues to work within its banking facilities. In light of the availability within its current banking facility and confidence in the renewal of those facilities at the forthcoming annual renewal, the Directors have concluded that the Group and therefore the Company have adequate resources for the foreseeable future and will be able to meet their liabilities as they fall due for a period of at least twelve months from signing these financial statements and that the going concern basis of preparation is appropriate.”

Significant events

• “On 30 September 2024, Bowers Metrology Limited purchased the assets and trade of Baty International Limited, a fellow subsidiary undertaking, for approximately £659,000, representing the net book value of the assets transferred.”
• “On 30 September 2024, Bowers Metrology Limited purchased the assets and trade of C.V. Instruments Limited, a fellow subsidiary undertaking, for approximately £98,000, representing the net book value of the assets transferred.”
• “On 30 September 2024, Bowers Metrology Limited purchased the assets and trade of Moore & Wright Limited, a fellow subsidiary undertaking, for approximately £137,000, representing the net book value of the assets transferred.”
• “A dividend of £500,000 (£0.50 per ordinary share) (2023 - £600,000, £0.60 per ordinary share) was paid in September 2024 to the immediate parent undertaking, Bowers Group Limited.”
• “Fiscal 2024 has continued to be challenging for Spear & Jackson Group ("the Group"), the Company's ultimate UK parent undertaking, as global economic conditions have added uncertainty and volatility.”
• “The Tools Group has been adversely impacted by continuing disappointing performance from its Australian division. This has resulted in a decision to appoint a third party distributor, on an exclusive basis, to satisfy customer demand, allowing it to restructure its operations, reduce costs and increase efficiencies.”
• “Likewise, the purchase of PRCI, S.A.S. a French tool distributor, will allow the Tools division to expand its reach and product base across France.”

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

2

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

  +2.5%

  £10,290,000 → £10,550,000

• Cash

  -29.1%

  £3,212,000 → £2,276,000

• Net assets

  -5.2%

  £7,217,000 → £6,845,000

• Employees

  +11%

  109 → 121

• Operating profit

  -37.8%

  £148,000 → £92,000

• Profit before tax

  -34.5%

  £284,000 → £186,000

• Wages

  +12.6%

  £3,912,000 → £4,403,000

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