DAVID BROWN SANTASALO UK LIMITED
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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
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
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 1 time since incorporation
- DAVID BROWN SANTASALO UK LIMITED 2020-11-15 → present
- DAVID BROWN GEAR SYSTEMS LIMITED 2008-06-19 → 2020-11-15
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| 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 | 375 | 364 | |
| 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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| 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 | 0.38x | 0.62x | |
| 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
- “During the year, David Brown Santasalo UK successfully completed its rebranding to David Brown Defence ("DBD" or "the Company"), marking the formal separation from the Industrial division of the David Brown Santasalo Group ("the Group").”
- “Between July and October 2024, the Company received a £ 19 million capital injection from its intermediate parent to fund initial operational, capital expenditure and working capital requirements to support the growth in its five-year business plan.”
- “In March 2025, the Group completed the separation of the Defence business unit from the wider David Brown Santasalo Group by establishing a new Luxembourg holding company, DB Defence Holdco Sarl. The Group transferred 100% of its equity interest in the Company to this new entity.”
- “In July 2025, the Company transferred certain intellectual property assets, including the David Brown and David Brown Santasalo brands and trademarks, to David Brown Santasalo UK (Industrial) Limited for consideration of £3.0 million.”
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 | |
| 2025-08-07 | MR05 | mortgage | Mortgage charge part cease with charge number | |
| 2025-06-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-19 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-06-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-05-09 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-05-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-04-30 | SH01 | capital | Capital allotment shares | |
| 2024-12-16 | AA | accounts | Accounts with accounts type full | |
| 2024-10-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-18 | SH01 | capital | Capital allotment shares | |
| 2024-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-08 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-16 | AA | accounts | Accounts with accounts type full | |
| 2023-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 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 | |
| 2023-03-10 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 2
- Officers appointed
- 2
- Officers resigned
- 1
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 2024-12-31 vs 2023-12-31
-
Turnover
+24.8%
£47,028,000 £58,702,000
-
Cash
—
Not reported
-
Net assets
+98.2%
£10,422,000 £20,655,000
-
Employees
-2.9%
375 364
-
Operating profit
+76.5%
-£17,068,000 -£4,006,000
-
Profit before tax
+27.1%
-£13,234,000 -£9,646,000
-
Wages
+5.4%
£19,564,000 £20,620,000
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