DAVALL GEARS LTD

1. DAVALL GEARS LTD 2007-08-03 → present
2. CLIFFDEN LIMITED 2007-03-23 → 2007-08-03

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors believe that the Company is well placed to manage its business risks successfully and the directors have every expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

Group structure

1. DAVALL GEARS LTD · parent
   1. Mollart Universal Joints Ltd 100% · United Kingdom · Dormant company

Significant events

• “Current developments such as the recent waves of conflicts in the Middle east, the war between Russia and Ukraine and elsewhere in Africa, has introduced volatility into the global economy as the potential for more widespread wars looms in addition to the unfolding humanitarian tragedy. While the economic effects of these wars are uncertain and evolving, entities with operations, suppliers, or customers in these regions could potentially be impacted as the wars unfold. Additionally, many entities may be indirectly impacted by the wars, especially those operating in the global energy, petrochemical, and supply chains sectors. Davall Gears conducted about 30% of its current year sales abroad and is therefore, like many other companies, not immune to the risks and uncertainties that these conflicts have on trades and profitability.”

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

1

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

  -1.9%

  £7,811,006 → £7,663,921

• Cash

  -85.3%

  £1,517,769 → £222,473

• Net assets

  -5.7%

  £7,703,860 → £7,266,161

• Employees

  -4.9%

  81 → 77

• Operating profit

  -211.3%

  £537,236 → -£597,773

• Profit before tax

  -199.9%

  £554,864 → -£554,260

• Wages

  +4.6%

  £3,362,464 → £3,518,512

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