CURTISS-WRIGHT CONTROLS (UK) LIMITED

1. CURTISS-WRIGHT CONTROLS (UK) LIMITED 2002-03-04 → present
2. HAMSARD 2449 LIMITED 2002-01-07 → 2002-03-04

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

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company's forecasts and projections prepared for at least 12 months from the date of signing, taking account of potential changes in performance, combined with its strong net asset and net current asset position coming into 2025 demonstrate that it is highly probable that the Company will be able to operate within its existing cash resources. Therefore, after making appropriate enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the near future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

Group structure

1. CURTISS-WRIGHT CONTROLS (UK) LIMITED · parent
   1. Penny and Giles Controls Ltd 100% · UK
   2. Penny and Giles Aerospace Ltd 100% · UK
   3. Curtiss-Wright Antriebstechnik GmbH 100% · Switzerland
   4. Curtiss-Wright Flow Control (UK) Limited 100% · UK
   5. EST Group B.V. 100% · Netherlands
   6. Component Coating Repair Services Limited 100% · UK
   7. Curtiss-Wright Surface Technologies Kft. 100% · Hungary
   8. Curtiss-Wright Surface Technologies AB 100% · Sweden
   9. Curtiss Wright Arresting Systems SAS 100% · France
   10. Keronite International Limited 100% · UK
   11. Curtiss-Wright Wimborne Limited 100% · UK
   12. Novatronics Inc. 100% · Canada
   13. Curtiss-Wright Surface Technologies, Unipessoal Lda. 100% · Portugal
   14. Curtiss-Wright Surface Technologies, SP.zo.O. 100% · Poland

Significant events

• “During August 2024, CW has undertaken a restructuring of its legal entity structure (the "Restructuring") to facilitate several internal strategic business objectives through the creation of a new, simplified holding company structure.”
• “Management have assessed the functional currency in the light of the restructuring activities and determined that the economic environment in which the company undertakes the significant part of its activities has changed such that the functional currency is USD. These financial statements have been prepared in USD, the comparative amounts have been restated from GBP to USD for reporting purposes.”
• “During August 2024, the Curtiss -Wright Corporation (CW) group of companies undertook a restructuring of its legal entities, acquiring all the companies listed in note 14, except Penny and Giles Controls Ltd and Penny and Giles Aerospace Ltd, which were held in prior years.”
• “At the year end, the Directors assessed the indicators of impairment on the investments held in accordance with Section 27 of FRS 102. The review considered the internal and external factors along with key estimates and assumptions and where the recoverable amount of an investment was determined to be lower than the carrying amount, an impairment was recognised.”
• “On 2 August 2024, the share capital in issue was redenominated from Ordinary £1 shares to Ordinary $1.28 shares following the change in functional currency.”
• “On 5 August 2024, 12,727,454 Ordinary $1.28 shares were issued at a premium of $190m in consideration for the transfer by Curtiss-Wright Controls (UK) Holding Co,. Ltd for the shares in Component Coating and Repair Services Ltd, Curtiss-Wright Flow Control (UK) Ltd, EST Group B.V. and Curtiss-Wright Antriebstechnik GmbH.”
• “On 14 August 2024, 1,088,297 Ordinary $1.28 shares were issued at a premium of $20m in exchange for the entire legal and beneficial interest in the shares of Curtiss-Wright Surface Technologies KFT, Curtiss-Wright Surface Technologies AB and Keronite International Limited.”

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

Filings

2

last 12 months

Capital events

3

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

  +7.6%

  £4,239,437 → £4,563,380

• Cash

  +44.7%

  £3,780,578 → £5,471,460

• Net assets

  +125.2%

  £123,922,165 → £279,120,830

• Employees

  -16.7%

  6 → 5

• Operating profit

  -21,491.7%

  -£125,278 → -£27,049,666

• Profit before tax

  -35%

  £11,802,817 → £7,670,126

• Wages

  -2.4%

  £154,188 → £150,482

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