TURBINE SURFACE TECHNOLOGIES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-28
Confirmation statement due
2026-05-28 (this month)
Last made up 2025-05-14
Watchouts
Cash
£8M
+44.2% vs 2023
Net assets
£44M
+9% vs 2023
Employees
550
+2% vs 2023
Profit before tax
£13M
+39.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-28
| Metric | Trend | 2023-12-31 | 2024-12-28 |
|---|---|---|---|
| Turnover | £73,933,000 | £86,130,000 | |
| Operating profit | £9,055,000 | £12,710,000 | |
| Profit before tax | £9,169,000 | £12,818,000 | |
| Net profit | £7,064,000 | £9,590,000 | |
| Cash | £5,783,000 | £8,339,000 | |
| Total assets less current liabilities | £43,507,000 | £46,923,000 | |
| Net assets | £40,486,000 | £44,133,000 | |
| Equity | £40,486,000 | £44,133,000 | |
| Average employees | 539 | 550 | |
| Wages | £20,895,000 | £23,395,000 |
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 | 2024-12-28 |
|---|---|---|---|
| Operating margin | 12.2% | 14.8% | |
| Net margin | 9.6% | 11.1% | |
| Return on capital employed | 20.8% | 27.1% | |
| Current ratio | 3.34x | 2.95x | |
| Interest cover | 4527.50x | 1155.45x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors consider that the Company has sufficient cash reserves and therefore are satisfied that the Company is able to meet its liabilities as they fall due for at least 12 months from the date of the approval of these financial statements. On this basis, the directors have prepared the financial statements on a going concern basis and therefore assumes the Company will continue its operations for the foreseeable future.”
Significant events
- “The second facility started operating in Q1 2024 with a low level of production to ensuring the facility was production ready by Q2 2024. This facility is equipped for platinum plating and PVD coating.”
- “The reduction in volumes since the COVID pandemic has meant volumes produced through the second facility have been limited and are expected to continue at lower levels than anticipated through the decade, however the facility will continue to be utilised through 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 47 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BIRD, Nigel | Director | 2018-06-11 | Sep 1971 | British |
| ECKERT, Lee Scott | Director | 2025-10-22 | Sep 1966 | American |
| GEE, Warren David | Director | 2025-10-15 | Nov 1972 | British |
| GLOVER, Neil Edward | Director | 2025-05-27 | Aug 1970 | British |
| GREEN, John William | Director | 2025-10-22 | Jul 1965 | American |
| SOCKALINGAM, Ragavan | Director | 2024-10-03 | Oct 1962 | British |
Show 47 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASHFIELD, John Richard | Secretary | 2000-08-03 | 2004-01-28 |
| GENTLES, Jacqueline Marie | Secretary | 2018-01-24 | 2021-01-15 |
| GOMA, Delrose Joy | Secretary | 2004-01-28 | 2006-05-18 |
| HARRISON, Irene Lesley | Nominee Secretary | 2000-07-25 | 2000-08-03 |
| HARVEY-WRATE, Andrew | Secretary | 2015-07-31 | 2018-01-24 |
| WALDRON, Karen | Secretary | 2006-05-18 | 2015-07-31 |
| ASHFIELD, John Richard | Director | 2000-08-03 | 2000-08-11 |
| BEFFEL, Michael James | Director | 2009-11-02 | 2010-06-22 |
| BINDER, Kenneth Joseph | Director | 2000-08-11 | 2006-03-01 |
| BOLTON, Mark Robert | Director | 2012-01-17 | 2015-11-13 |
| BOUTOT, James | Director | 2017-04-17 | 2019-01-25 |
| DAVIES, Gareth Wyn | Director | 2014-01-23 | 2016-07-21 |
| DEAKIN, Dave Alastair | Director | 2018-07-12 | 2021-09-17 |
| FEELY, Richard James | Director | 2019-01-25 | 2020-07-23 |
| FEENEY, James Patrick | Director | 2000-08-11 | 2000-10-20 |
| GOLDSHTEIN, Moshe | Director | 2000-08-11 | 2010-06-22 |
| GOMA, Delrose Joy | Director | 2000-08-03 | 2000-08-11 |
| GOULETTE, Michael James | Director | 2004-09-09 | 2010-12-31 |
| GOWTAGE, Peter Charles | Director | 2009-07-24 | 2018-07-12 |
| GREASLEY, Andrew John | Director | 2016-07-21 | 2017-01-26 |
| GRIFFIN, Michael | Director | 2000-08-04 | 2000-08-11 |
| GRIFFITHS, John Wilson | Director | 2009-07-24 | 2013-11-01 |
| GROEGER, Nils Sebastian Herbert | Director | 2020-07-23 | 2024-10-03 |
| HAINES, Craig Michael | Director | 2019-01-25 | 2022-11-23 |
| HALSTEAD, John Michael | Director | 2000-08-11 | 2001-10-01 |
| HAZELL, Hedley Richard | Director | 2003-09-08 | 2009-07-24 |
| HICKS, Michael Arthur, Dr | Director | 2011-08-30 | 2015-01-05 |
| HOPKINS, Graham William | Director | 2011-01-01 | 2011-08-30 |
| HOPTON, Philip Thomas | Director | 2001-10-01 | 2003-09-08 |
| HOWARD, Peter | Director | 2010-06-22 | 2023-01-31 |
| HOWARD, Peter | Director | 2006-03-01 | 2009-10-09 |
| HYDE, Thomas Robert | Director | 2021-09-17 | 2025-05-27 |
| LAPSA, Colin Richard | Director | 2000-10-20 | 2003-10-24 |
| LAUZON, Armand Francis | Director | 2010-06-22 | 2012-01-17 |
| LEACH, Andrew Keith | Director | 2003-10-24 | 2004-07-20 |
| LLOYD, Michael Robert, Dr | Director | 2004-07-20 | 2009-07-22 |
| LOBLEY, Christopher Marcus, Dr | Director | 2017-01-26 | 2018-06-11 |
| LUZZATTO, Carlo | Director | 2012-01-17 | 2019-01-25 |
| MAHOMED, Irfan Harun Ayub | Director | 2022-11-23 | 2025-10-22 |
| MARSHALL, Andrew Simon | Director | 2015-11-13 | 2017-01-26 |
| ORZEL, Dennis James | Director | 2011-07-20 | 2013-06-30 |
| PARTRIDGE, Alan, Dr | Director | 2015-01-05 | 2019-10-31 |
| RICHARDSON, Christine Mcdowell Standley | Director | 2006-03-01 | 2008-06-30 |
| TAYLOR, Andrew James | Director | 2021-09-17 | 2025-10-15 |
| VAN DER LINDEN, Thomas Lambertus Julius Josef | Director | 2009-11-02 | 2011-07-20 |
| WILLIAMS, Andrew David | Director | 2023-01-31 | 2025-10-22 |
| BUSINESS INFORMATION RESEARCH & REPORTING LIMITED | Corporate Nominee Director | 2000-07-25 | 2000-08-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rolls-Royce Plc | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
| Chromalloy United Kingdom Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 192 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-21 | AA | accounts | Accounts with accounts type full | |
| 2025-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-14 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-22 | AA | accounts | Accounts with accounts type full | |
| 2024-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-08 | CH01 | officers | Change person director company with change date | |
| 2023-11-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-04 | AA | accounts | Accounts with accounts type full | |
| 2023-05-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-09 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 4
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 2024-12-28 vs 2023-12-31
-
Turnover
+16.5%
£73,933,000 £86,130,000
-
Cash
+44.2%
£5,783,000 £8,339,000
-
Net assets
+9%
£40,486,000 £44,133,000
-
Employees
+2%
539 550
-
Operating profit
+40.4%
£9,055,000 £12,710,000
-
Profit before tax
+39.8%
£9,169,000 £12,818,000
-
Wages
+12%
£20,895,000 £23,395,000
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