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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-03 (in 2mo)

Last made up 2025-06-19

Watchouts

1 item

Cash

£7M

Latest balance sheet

Net assets

£21M

+98.2% vs 2023

Employees

364

-2.9% vs 2023

Profit before tax

-£10M

+27.1% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 1 time since incorporation

  1. DAVID BROWN SANTASALO UK LIMITED 2020-11-15 → present
  2. DAVID BROWN GEAR SYSTEMS LIMITED 2008-06-19 → 2020-11-15

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £47,028,000£58,702,000
Operating profit -£17,068,000-£4,006,000
Profit before tax -£13,234,000-£9,646,000
Net profit -£13,810,000-£9,473,000
Cash £6,908,000
Total assets less current liabilities £41,174,000£58,225,000
Net assets £10,422,000£20,655,000
Equity £10,422,000£20,655,000
Average employees 375364
Wages £19,564,000£20,620,000

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 2023-12-312024-12-31
Operating margin -36.3%-6.8%
Net margin -29.4%-16.1%
Return on capital employed -41.5%-6.9%
Gearing (liabilities / total assets) 90.4%83.7%
Current ratio 0.38x0.62x
Interest cover -5.67x-0.71x

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 101
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors believed that the going concern basis is appropriate given the continued strong performance of the Company, a substantial order book for future years, including additional defence programmes, and a positive outlook for the Company's core end markets.”

Significant events

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

People

6 active · 15 resigned

Name Role Appointed Born Nationality
GODDING, Elliot Secretary 2025-05-02
ARMITT, David Director 2011-02-22 Apr 1975 British
BONE, Norman James Director 2025-11-07 Aug 1962 British
FINGER, Daniel Director 2024-10-21 Nov 1984 German
HELME, Michael Director 2024-05-01 Nov 1959 British
MACINTOSH, Stewart Robert Director 2012-03-20 Oct 1979 British
Show 15 resigned officers
Name Role Appointed Resigned
BINGHAM, Pamela Ann Secretary 2010-01-14 2012-02-01
TULLEY, Karen Ann Secretary 2012-02-01 2025-05-02
TULLEY, Karen Ann Secretary 2008-06-19 2010-01-14
BURLEY, Thomas Director 2013-06-26 2018-10-18
CHARLSON, Geoffrey Director 2008-08-11 2011-02-28
FARQUHAR, Ian Kinrade Director 2008-08-11 2011-02-18
GIBSON, Keith Director 2009-09-01 2012-03-15
HAWKINS, Douglas Grahame Director 2009-07-01 2017-03-06
HOLLAND, Mark Harry Director 2008-06-19 2011-07-01
MARSHALL, Gerard Director 2013-06-26 2017-03-06
MCCOLL, James Allan Director 2009-07-01 2019-03-26
PATERSON, Norman John Director 2011-02-28 2013-04-17
POWELL, Shauna Margaret Director 2013-08-08 2017-03-06
STEWART, Alexander Director 2009-07-01 2012-03-15
WATSON, Steven Director 2019-02-25 2024-05-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
David Brown Group Limited Corporate entity Shares 75–100% 2016-04-06 Ceased 2025-03-25

Filing timeline

Last 20 of 117 total filings

Date Type Category Description
2025-12-21 AA accounts Accounts with accounts type full
2025-11-10 AP01 officers Appoint person director company with name date PDF
2025-08-07 MR05 mortgage Mortgage charge part cease with charge number
2025-06-20 CS01 confirmation-statement Confirmation statement with updates PDF
2025-06-19 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2025-06-16 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-05-09 AP03 officers Appoint person secretary company with name date PDF
2025-05-09 TM02 officers Termination secretary company with name termination date PDF
2025-04-30 SH01 capital Capital allotment shares PDF
2024-12-16 AA accounts Accounts with accounts type full
2024-10-28 AP01 officers Appoint person director company with name date PDF
2024-10-18 SH01 capital Capital allotment shares PDF
2024-06-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-09 AP01 officers Appoint person director company with name date PDF
2024-05-08 TM01 officers Termination director company with name termination date PDF
2023-11-16 AA accounts Accounts with accounts type full
2023-06-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-23 AA accounts Accounts with accounts type full
2023-05-18 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-03-10 MR04 mortgage Mortgage satisfy charge full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
2

last 24 months

Officers appointed
2

last 12 months

Officers resigned
1

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 2024-12-31 vs 2023-12-31

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

Official Companies House page