VSMPO TIRUS LIMITED

• ⚠

  Material uncertainty over going concern

  The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements. However, the risk of sanctions impacting the business give rise to material uncertainty, see note 1.3 for further details.

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

IFRS

Reporting scope

Consolidated group

Auditor

MRT Accountants Ltd

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements. However, the risk of sanctions impacting the business give rise to material uncertainty, see note 1.3 for further details.”

Significant events

• “Turnover for 2024 was $93.4 million (2023: $85 million). The commercial aviation sector has continued to grow over the year”
• “Political uncertainties due to the Russia Ukraine conflict.”
• “Throughout 2024, increases in costs were observed through other parts of the supply chain, as well as in properties and taxation. Due in part to the UK's continued recovery from the Coronavirus pandemic and inflation caused partly by the Russian Ukraine conflict.”
• “At 31 December 2024, the company had capital commitments of $148,047 (2023: $Nil).”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +9.9%

  £63,018,189 → £69,263,480

• Cash

  -44.9%

  £3,310,762 → £1,823,852

• Net assets

  +6.3%

  £18,401,518 → £19,552,859

• Employees

  0%

  29 → 29

• Operating profit

  +42.6%

  £1,113,088 → £1,586,765

• Profit before tax

  +32.7%

  £1,155,804 → £1,534,297

• Wages

  +2.3%

  £1,424,165 → £1,456,758

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