ATB MORLEY LIMITED

1. ATB MORLEY LIMITED 2005-06-15 → present
2. MORLEY ELECTRIC MOTORS LIMITED 2000-09-28 → 2005-06-15
3. BRAND NEW CO (105) LIMITED 2000-07-19 → 2000-09-28

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

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors of the ultimate parent company have provided a formal confirmation to the directors of the group that the ultimate parent company will provide any funding required by the group to enable it to continue trading and meet its liabilities as they fall due for payment for at least 12 months from the date of signing these financial statements.”

Group structure

1. ATB MORLEY LIMITED · parent
   1. ATB Group UK Limited 100% · England · Manufacture of electric motors, generators and transformers
   2. Morley Electrical Engineering Company, Limited (The) 100% · England · Dormant

Significant events

• “The year ended 31 December 2024 saw a significant increase in revenues (41%) largely from the ongoing investments in the oil and gas market. This included an important and significant VFD (variable frequency drives) order for offshore compressors.”
• “Morley manufacturing has been moved to Norwich, where the purpose built machinery and specialist test equipment are used.”
• “The mining market for Morley product continues to be active both in the USA and China markets. The group has continued to extend its product certification into both of these market with good orders.”
• “The group continues to explore opportunities for synchronous generators and motors, as well as induction motors, the growing LNG and Data Centre markets, particularly in the USA. It has also started to supply systems solutions offering VFD power electronics from partner companies in 2024.”
• “The group had net current liabilities of £6,106k at 31 December 2024 and incurred a loss after tax of £4,445k for the year then ended. ... received a significant capital contribution of £1,829k (€2,135k) in March 2024, demonstrating the wider group's willingness to support the ATB Morley Limited group.”

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

Filings

4

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

  +41.1%

  £23,836,496 → £33,624,042

• Cash

  -81.9%

  £1,548,057 → £279,784

• Net assets

  -50%

  £5,805,901 → £2,900,421

• Employees

  0%

  193 → 193

• Operating profit

  -170.9%

  -£1,640,584 → -£4,445,113

• Profit before tax

  -150.3%

  -£1,775,692 → -£4,445,056

• Wages

  +5.1%

  £7,439,767 → £7,816,299

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