DANFOSS LIMITED
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Next accounts due
2026-10-03 (in 5mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-05 (in 1y)
Last made up 2026-04-21
Watchouts
None on the register
Cash
£0
Latest balance sheet
Net assets
£41M
-11.8% vs 2023
Employees
435
-5.8% vs 2023
Profit before tax
-£9M
-524.8% lowest in 4 filed years
Name history
Renamed 2 times since incorporation
- DANFOSS LIMITED 2013-01-04 → present
- DANFOSS HOLDING UK LIMITED 1991-06-25 → 2013-01-04
- TRUSHELFCO (NO. 1699) LIMITED 1991-04-29 → 1991-06-25
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £73,328,000 | — | — | £119,594,000 | £150,501,000 | |
| Operating profit | — | — | £3,845,000 | — | — | £2,049,000 | -£7,922,000 | |
| Profit before tax | — | — | £3,880,000 | — | £4,602,000 | £2,057,000 | -£8,738,000 | |
| Net profit | — | — | £3,311,000 | — | £4,458,000 | £2,919,000 | -£7,765,000 | |
| Cash | — | — | — | — | — | £0 | £0 | |
| Total assets less current liabilities | — | — | £13,457,000 | — | £16,663,000 | £41,709,000 | £32,707,000 | |
| Net assets | — | — | £14,747,000 | — | £22,175,000 | £46,972,000 | £41,434,000 | |
| Equity | £16,445,000 | £16,010,000 | £14,747,000 | £21,685,000 | £22,175,000 | £46,972,000 | £41,434,000 | |
| Average employees | — | — | 124 | — | 122 | 462 | 435 | |
| Wages | — | — | £7,022,000 | — | £8,783,000 | £15,851,000 | £21,449,000 |
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 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 5.2% | — | — | 1.7% | -5.3% | |
| Net margin | — | — | 4.5% | — | — | 2.4% | -5.2% | |
| Return on capital employed | — | — | 28.6% | — | — | 4.9% | -24.2% | |
| Current ratio | — | — | — | — | — | 1.16x | 1.01x | |
| Interest cover | — | — | 26.34x | — | — | 0.48x | -1.64x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- S&W Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the existing cash position and overdraft facility available to the company, management concludes that there is no material uncertainty associated with the going concern of the company.”
Significant events
- “turnover increased by £30.91m as a result of the acquisition of the trade and assets of Danfoss Power Solutions II Limited”
- “In July 2024, the Court of Appeal issued a judgment in the Virgin Media case concerning amendments to contracted-out defined benefit pension schemes between 6 April 1997 and 5 April 2016.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LUNDQVIST, Andreas | Director | 2025-08-01 | Sep 1984 | Danish |
| STAHLSCHMIDT, Anders | Director | 2007-04-01 | Apr 1967 | Danish |
| WANLESS, Nick Andrew | Director | 2012-12-17 | Apr 1968 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HANSEN, Henrik Skourup | Secretary | 2006-07-01 | 2013-12-01 |
| JORGENSEN, J Bo | Secretary | 1991-06-25 | 2002-02-01 |
| LEWIS, Jonathan Wyndham | Secretary | 2002-02-01 | 2006-06-30 |
| TRUSEC LIMITED | Corporate Nominee Secretary | 1991-04-29 | 1991-06-28 |
| ANDERSEN, Ole Steen | Director | 2000-03-30 | 2007-04-01 |
| CHANDLER, Christine Anne | Nominee Director | 1991-04-29 | 1991-06-25 |
| CHRISTENSEN, Kim Kirk | Director | 2015-02-01 | 2017-10-01 |
| CHRISTENSEN, Torben Jessen | Director | 2017-10-01 | 2025-08-01 |
| CLAUSEN, Jorgen Mads | Director | 1996-04-01 | 2007-04-01 |
| FRITSCH, Roland | Director | 2007-04-01 | 2010-10-01 |
| GAD, Jens Garde | Director | 2015-06-01 | 2022-02-25 |
| HANSEN-DAMM, Peter | Director | 1991-06-25 | 2000-03-31 |
| JORGENSEN, Thomas Orting | Director | 2013-03-31 | 2013-12-01 |
| MITCHELL, Simon Charles | Director | 1991-06-25 | 1991-06-08 |
| PAULSEN, Henrik | Director | 2013-12-01 | 2017-10-01 |
| PETERSEN, Henry | Director | 1991-06-25 | 1996-03-31 |
| POSTINGS, Marcus | Director | 2017-10-01 | 2021-06-30 |
| REEVE, Robert Arthur | Nominee Director | 1991-04-29 | 1991-06-25 |
| ROBERTS, Martin John Dickin | Director | 1991-06-25 | 1991-06-28 |
| SIMSON, Peter | Director | 2013-03-31 | 2015-06-01 |
| STAERK, Kjeld | Director | 2010-10-01 | 2015-02-01 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 148 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-25 | AA | accounts | Accounts with accounts type full | |
| 2025-11-20 | CH01 | officers | Change person director company with change date | |
| 2025-09-26 | AA01 | accounts | Change account reference date company previous shortened | |
| 2025-08-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-24 | AA | accounts | Accounts with accounts type full | |
| 2024-10-04 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-05-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-06 | AA | accounts | Accounts with accounts type full | |
| 2023-09-25 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-07-21 | SH01 | capital | Capital allotment shares | |
| 2023-05-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-05-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-03-29 | AA01 | accounts | Change account reference date company previous extended | |
| 2022-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-05 | AA | accounts | Accounts with accounts type full | |
| 2021-09-24 | AA01 | accounts | Change account reference date company previous shortened |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
+25.8%
£119,594,000 £150,501,000
highest in 3 filed years
-
Cash
—
Not reported
-
Net assets
-11.8%
£46,972,000 £41,434,000
-
Employees
-5.8%
462 435
-
Operating profit
-486.6%
£2,049,000 -£7,922,000
lowest in 3 filed years
-
Profit before tax
-524.8%
£2,057,000 -£8,738,000
lowest in 4 filed years
-
Wages
+35.3%
£15,851,000 £21,449,000
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers