TEXTRON LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-07 (in 6mo)
Last made up 2025-10-24
Watchouts
None on the register
Cash
£74M
+25.5% vs 2023
Net assets
£64M
+5.3% vs 2023
Employees
22
+10% vs 2023
Profit before tax
-£22K
-100.4% vs 2023
Name history
Renamed 2 times since incorporation
- TEXTRON LIMITED 1992-10-05 → present
- TEXTRON (1992) LIMITED 1992-09-14 → 1992-10-05
- TEXTRON (1991) LIMITED 1991-10-24 → 1992-09-14
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £5,563,000 | £4,698,000 | |
| Operating profit | -£479,000 | -£961,000 | |
| Profit before tax | £5,685,000 | -£22,000 | |
| Net profit | £5,519,000 | £168,000 | |
| Cash | £58,806,000 | £73,819,000 | |
| Total assets less current liabilities | £45,310,000 | £45,574,000 | |
| Net assets | £60,563,000 | £63,754,000 | |
| Equity | £60,563,000 | £63,754,000 | |
| Average employees | 20 | 22 | |
| Wages | £2,673,000 | £2,647,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -8.6% | -20.5% | |
| Net margin | 99.2% | 3.6% | |
| Return on capital employed | -1.1% | -2.1% | |
| Gearing (liabilities / total assets) | 61.0% | 55.7% | |
| Current ratio | 0.76x | 0.85x | |
| Interest cover | -0.12x | -0.28x |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the year end the company has net current liabilities of £14,276,000 and hence is reliant on parental support. Textron Inc. has confirmed that it will provide the necessary support for the period to 31 December 2026 being the going concern review period assessed by the directors to enable the company to settle its liabilities as they fall due. The directors have a reasonable expectation that Textron Inc. has adequate resources and liquidity to support the company for the going concern review period, given cash and equivalents of $1,446 million at 27 September 2025, as per the latest reported results, and a positive trading outlook.”
Group structure
- TEXTRON LIMITED · parent
- Ransomes Limited 100%
- Rotor Blades Limited 100%
- Doncaster Citation Service Centre Limited 100%
Significant events
- “dissolving of the subsidiary Kautex Textron (UK) Limited during the year”
- “Kautex Textron (UK) Limited was closed in 2022 and the entity dissolved in June 2024.”
- “a court case outcome on 16 June 2023 involving Virgin Media revealed potential challenges with other previously contracted-out defined benefit schemes in the UK.”
- “On 23 May 2025, the Department for Work and Pensions announced it will introduce legislation to allow defined benefit pensions schemes to obtain retrospective sign-off on historic actuarial amendments.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LEWIS, Richard Clive | Secretary | 2020-02-01 | — | — |
| FOGARTY, Janet Souza | Director | 2020-06-01 | Oct 1961 | American |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CRICHTON, Susan Elizabeth | Secretary | 1994-07-07 | 1998-10-21 |
| PRESTON, Pauline Anne | Secretary | 1998-10-21 | 2018-01-13 |
| PRESTON, Pauline Anne | Secretary | 1991-10-24 | 1992-11-11 |
| ROJAS-MERA, Natalia Fernanda | Secretary | 2018-02-05 | 2020-02-01 |
| STOREY, Richard Lionel | Secretary | 1992-11-11 | 1994-07-01 |
| AYOTTE, Robert Joseph | Director | 1996-07-26 | 2003-12-16 |
| BRACKEN, John Hinkle | Director | 2009-10-26 | 2015-08-27 |
| BRAUNSTEIN, Donnie | Director | 1996-07-26 | 2000-07-31 |
| BROOKS, Robert | Director | 1991-10-24 | 1993-02-17 |
| CASTLE, John Christopher | Director | 1996-07-30 | 1997-03-31 |
| CRICHTON, Susan Elizabeth | Director | 1994-07-07 | 1998-10-21 |
| DALTON, John Christopher | Director | 1998-02-23 | 1998-10-10 |
| DELANEY, Brian James | Director | 2024-09-18 | 2024-10-16 |
| DOLAN, Beverly Franklin | Director | 1992-09-29 | 1992-12-31 |
| HARDYMON, James Franklin | Director | 1993-06-29 | 1996-06-28 |
| HEGSTROM, Scott Paul | Director | 2020-11-24 | 2024-09-17 |
| LEWIS, Clive James Gordon | Director | 1992-09-29 | 1996-06-28 |
| MCGARTOLL, Paul Augustine | Director | 1999-01-19 | 2002-09-06 |
| PERKINS, Elizabeth Chaffee | Director | 2015-08-27 | 2020-05-31 |
| PRESTON, Pauline Anne | Director | 1991-10-24 | 1992-11-11 |
| RIDGWAY, David Kenneth | Director | 2002-09-06 | 2009-10-31 |
| RISEBROW, Lisa | Director | 2024-10-16 | 2026-04-23 |
| ROSS, Miriam Ann | Director | 1996-06-28 | 1999-01-19 |
| SCHAEFER, Antonius | Director | 1992-09-29 | 1996-06-28 |
| SOUTTER, Thomas Douglas | Director | 1992-09-29 | 1995-03-31 |
| STAVELEY, Charles Andrew Rover | Director | 1999-01-19 | 2001-10-15 |
| STOREY, Richard Lionel | Director | 1992-09-29 | 1994-07-07 |
| THOMAS, Alun Christopher | Director | 2003-12-16 | 2007-08-30 |
| WILLAMAN, Ann Thompson | Director | 1996-06-28 | 2020-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Textron Inc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-09-13 | Active |
| Textron Acquisition Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2018-09-13 |
Filing timeline
Last 20 of 170 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-08 | AA | accounts | Accounts with accounts type full | |
| 2025-11-07 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-31 | AA | accounts | Accounts with accounts type full | |
| 2024-10-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | AA | accounts | Accounts with accounts type full | |
| 2023-03-08 | AA | accounts | Accounts with accounts type full | |
| 2022-10-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-07 | AA | accounts | Accounts with accounts type full | |
| 2021-10-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-06 | AA | accounts | Accounts with accounts type full | |
| 2020-11-26 | AP01 | officers | Appoint person director company with name date | |
| 2020-11-23 | TM01 | officers | Termination director company with name termination date | |
| 2020-10-28 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- 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
-15.5%
£5,563,000 £4,698,000
-
Cash
+25.5%
£58,806,000 £73,819,000
-
Net assets
+5.3%
£60,563,000 £63,754,000
-
Employees
+10%
20 22
-
Operating profit
-100.6%
-£479,000 -£961,000
-
Profit before tax
-100.4%
£5,685,000 -£22,000
-
Wages
-1%
£2,673,000 £2,647,000
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