TIMKEN UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-04 (in 2mo)
Last made up 2025-06-20
Watchouts
None on the register
Cash
£5M
+52.2% vs 2023
Net assets
£15M
+14.2% vs 2023
Employees
125
-3.1% vs 2023
Profit before tax
£2M
+16.9% vs 2023
Name history
Renamed 4 times since incorporation
- TIMKEN UK LIMITED 2002-03-19 → present
- TIMKEN AEROSPACE UK LTD. 1999-10-01 → 2002-03-19
- TIMKEN AEROSPACE & SUPER PRECISION BEARINGS - UK LTD. 1998-09-01 → 1999-10-01
- MPB UK LTD. 1998-04-03 → 1998-09-01
- MPB U.K. LTD. 1997-06-20 → 1998-04-03
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 | £21,858,000 | £24,788,000 | |
| Operating profit | £1,541,000 | £1,950,000 | |
| Profit before tax | £1,543,000 | £1,803,000 | |
| Net profit | £1,795,000 | £1,794,000 | |
| Cash | £3,059,000 | £4,656,000 | |
| Total assets less current liabilities | £14,858,000 | £18,147,000 | |
| Net assets | £12,788,000 | £14,601,000 | |
| Equity | £12,788,000 | £14,601,000 | |
| Average employees | 129 | 125 | |
| Wages | £5,796,000 | £5,347,000 |
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 | 7.1% | 7.9% | |
| Net margin | 8.2% | 7.2% | |
| Return on capital employed | 10.4% | 10.7% | |
| Gearing (liabilities / total assets) | 36.2% | 35.0% | |
| Current ratio | 2.56x | 3.54x | |
| Interest cover | 21.70x | 8.86x |
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
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future being a period of not less than 12 months from the approval of these financial statements.”
Group structure
- TIMKEN UK LIMITED · parent
- Groeneveld UK Ltd 100%
- Interlube UK Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DOWNTON, Rachel Esther | Secretary | 2019-06-01 | — | — |
| DISCENZA, Michael | Director | 2025-08-21 | Aug 1971 | American |
| ROELLGEN, Andreas | Director | 2010-03-19 | Mar 1967 | German |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARR, Caroline Rowena | Secretary | 1997-06-20 | 2002-08-31 |
| SAFT, Kornelia | Secretary | 2016-05-01 | 2019-06-01 |
| SCHERFF, Scott Alan | Secretary | 1997-06-20 | 2014-03-31 |
| WILLIAMS, Michael John | Secretary | 2002-07-01 | 2016-05-31 |
| BARKER, David Grant | Director | 2003-10-01 | 2005-04-22 |
| BEGUE, Jerry Charles | Director | 2003-10-01 | 2007-12-31 |
| BREEN, John David | Director | 1997-06-20 | 2003-09-30 |
| DEMERLING, Donna Jean | Director | 1998-02-04 | 2003-09-30 |
| FRACASSA, Philip Dominic | Director | 2016-11-25 | 2025-08-21 |
| HAPPACH, Mathew Wayne | Director | 2007-12-31 | 2011-06-01 |
| KENMIR, Gary | Director | 1999-07-07 | 2003-06-13 |
| MATHOT, Scott Coel | Director | 1997-06-20 | 1998-01-02 |
| MENNING, James Ron | Director | 2003-10-01 | 2011-06-01 |
| MIHAILA, John Theodore | Director | 2011-06-01 | 2016-11-25 |
| SCOTT, Peter John | Director | 1997-06-20 | 2001-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Timken Company | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 140 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-05-24 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-29 | AA | accounts | Accounts with accounts type full | |
| 2025-08-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-31 | AA | accounts | Accounts with accounts type full | |
| 2024-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-03 | AA | accounts | Accounts with accounts type full | |
| 2023-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-18 | AA | accounts | Accounts with accounts type full | |
| 2022-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-24 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2022-05-24 | SH20 | capital | Legacy | |
| 2022-05-24 | CAP-SS | insolvency | Legacy | |
| 2022-05-24 | RESOLUTIONS | resolution | Resolution | |
| 2021-12-13 | AA | accounts | Accounts with accounts type full | |
| 2021-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-04 | AA | accounts | Accounts with accounts type full | |
| 2020-11-27 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2020-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-08-08 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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
+13.4%
£21,858,000 £24,788,000
-
Cash
+52.2%
£3,059,000 £4,656,000
-
Net assets
+14.2%
£12,788,000 £14,601,000
-
Employees
-3.1%
129 125
-
Operating profit
+26.5%
£1,541,000 £1,950,000
-
Profit before tax
+16.9%
£1,543,000 £1,803,000
-
Wages
-7.7%
£5,796,000 £5,347,000
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