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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-03 (in 6mo)

Last made up 2025-10-20

Watchouts

None on the register

Cash

£2M

-9.9% vs 2023

Net assets

£22M

+2.2% vs 2023

Employees

84

-10.6% vs 2023

Profit before tax

£3M

-48.3% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £23,073,045£17,416,065
Operating profit £5,416,364£2,785,310
Profit before tax £5,423,107£2,802,960
Net profit £4,213,585£2,376,988
Cash £2,647,231£2,384,456
Total assets less current liabilities £22,410,612£22,823,440
Net assets £21,735,011£22,211,999
Equity £21,735,011£22,211,999
Average employees 9484
Wages £3,005,521£2,874,911

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 2023-12-312024-12-31
Operating margin 23.5%16.0%
Net margin 18.3%13.6%
Return on capital employed 24.2%12.2%
Gearing (liabilities / total assets) 7.1%9.5%
Current ratio 21.58x11.71x
Interest cover 846.97x355.45x

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
MHA
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In preparing the financial statements, the Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.”

Significant events

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

People

3 active · 7 resigned

Name Role Appointed Born Nationality
LAWRENCE, Craig Secretary 2019-01-07
LAWRENCE, Craig Director 2015-06-18 Dec 1973 British
PICKFORD, Mark Director 2015-06-18 Jun 1960 British
Show 7 resigned officers
Name Role Appointed Resigned
HOLDEN, Robert Secretary 2007-07-31 2019-01-07
NOWELL, Catherine Secretary 1996-08-01 2007-07-31
NOWELL, Michael Leonard Secretary 1996-08-01
HOLDEN, Robert Director 2007-01-01 2019-01-07
MACKINTOSH, Donald Allan Director 1998-04-01 2019-01-07
MACKINTOSH, Donald Allan Director 1996-08-01
NOWELL, Michael Leonard Director 2007-07-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Jinmyung Europe Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-05-28 Active
Fmc Friction Solutions Limited Corporate entity Shares 75–100% 2016-04-06 Ceased 2021-05-28

Filing timeline

Last 20 of 129 total filings

Date Type Category Description
2025-10-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-03 AA accounts Accounts with accounts type full
2024-10-22 CS01 confirmation-statement Confirmation statement with updates PDF
2024-10-20 CH01 officers Change person director company with change date PDF
2024-08-14 AA accounts Accounts with accounts type full
2024-01-12 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-11-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-10 AA accounts Accounts with accounts type full
2022-11-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-05-19 MR04 mortgage Mortgage satisfy charge full PDF
2022-05-12 AA accounts Accounts with accounts type full
2022-03-22 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF
2022-03-22 PSC05 persons-with-significant-control Change to a person with significant control PDF
2022-03-21 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2022-03-21 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2021-11-08 CH01 officers Change person director company with change date PDF
2021-11-08 CH01 officers Change person director company with change date PDF
2021-10-22 AD01 address Change registered office address company with date old address new address PDF
2021-10-20 CS01 confirmation-statement Confirmation statement with updates
2021-09-02 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

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

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

Official Companies House page