NGF EUROPE LIMITED

1. NGF EUROPE LIMITED 1991-05-28 → present
2. ALNERY NO. 1071 LIMITED 1991-02-27 → 1991-05-28

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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered the financial position and future prospects of the company for the period to 30 November 2026. Having reviewed the cashflow forecasts and giving consideration to plausible downside scenarios and reverse stress testing, the directors have assessed there to be no material risk in respect of liquidity throughout the assessment period. Nor do they expect any material change to the company's cash flow requirements after this assessed period. Based in their considerations the directors have concluded that the company continues as a going concern and have prepared these accounts on this basis.”

Group structure

1. NGF EUROPE LIMITED · parent
   1. NGF Canada Limited 100% · Canada · Manufacture and sale of treated glass cord
   2. NGF Europe Pension Trustee Limited 100% · England · Non-trading

Significant events

• “Company turnover has decreased by 10%, reflecting a downturn in some sectors of our product portfolio. Uncertainity remains in parts of the automotive sector, due to general volatility brought about by changes in both the economic and legislative environment.”

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

  -10.2%

  £60,390,000 → £54,211,000

• Cash

  +60.6%

  £1,087,000 → £1,746,000

• Net assets

  +2.4%

  £65,698,000 → £67,258,000

• Employees

  -0.9%

  219 → 217

• Operating profit

  -34.5%

  £7,135,000 → £4,675,000

• Profit before tax

  -29.4%

  £7,928,000 → £5,600,000

• Wages

  -4.4%

  £11,774,000 → £11,259,000

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