A C VALVES & CONTROLS LIMITED

1. A C VALVES & CONTROLS LIMITED 1997-01-21 → present
2. A C PEKOS LIMITED 1997-01-13 → 1997-01-21

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

Newby Castleman LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. A C VALVES & CONTROLS LIMITED · parent
   1. Air Torque (UK) Limited 50% · England and Wales · Distribution of valves and actuators
   2. Starline Ball Valves Limited 70% · England and Wales · Supply of ball valves
   3. Technical Valve Services Limited 90% · England and Wales · Provision of technical services to the engineering valve industry
   4. The Valve Alliance Limited 100% · England and Wales · Sale of valves
   5. Valve & Pipework Systems Limited 65% · England and Wales · Manufacture of skid units and the supply of valves
   6. Nacional Safety Valves Limited 85% · England and Wales · Sale of valves
   7. AC Valve Alliance Europe BV 100% · Netherlands · Distribution of valves

Significant events

• “The company's performance has been consistently positive, reflecting our robust growth strategy. We have made significant investments across all areas of the business, including infrastructure, stock holding, sales activities, and most importantly, in our people.”
• “The market has shown a positive shift, which is very encouraging. We have adapted to meet the evolving demands of the transition energy market and are excited to contribute to the global drive towards reducing carbon dioxide emissions and achieving "Net Zero".”
• “In response to the ongoing impact of Brexit on UK trade, we have proactively established a European trading hub. This strategic move is designed to protect our European customers and suppliers and enhance our support and service throughout Europe.”

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

Filings

3

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.

• Turnover

  -11.6%

  £11,635,912 → £10,287,822

  lowest in 3 filed years

• Cash

  -46.8%

  £3,788,643 → £2,016,162

  lowest in 3 filed years

• Net assets

  +6.2%

  £9,908,739 → £10,522,807

  highest in 3 filed years

• Employees

  +11.8%

  17 → 19

  highest in 3 filed years

• Operating profit

  -21%

  £1,587,727 → £1,254,051

  lowest in 3 filed years

• Profit before tax

  -44.1%

  £1,637,145 → £914,679

  lowest in 3 filed years

• Wages

  +4.8%

  £845,779 → £886,573

  highest in 3 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