INDUSTRIAL TURBINE COMPANY (UK) LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2027-04-01 (in 11mo)
Last made up 2026-03-18
Watchouts
Cash
£53K
Latest balance sheet
Net assets
£269M
+4.1% vs 2023
Employees
390
+1.6% vs 2023
Profit before tax
£63M
+15.6% 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
- INDUSTRIAL TURBINE COMPANY (UK) LIMITED 2014-05-23 → present
- AGHOCO 1216 LIMITED 2014-04-22 → 2014-05-23
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Turnover | £313,535,000 | £360,743,000 | |
| Operating profit | £51,386,000 | £58,006,000 | |
| Profit before tax | £54,367,000 | £62,840,000 | |
| Net profit | £40,741,000 | £46,409,000 | |
| Cash | £0 | £53,000 | |
| Total assets less current liabilities | £272,644,000 | £279,679,000 | |
| Net assets | £258,491,000 | £269,162,000 | |
| Equity | £258,491,000 | £269,162,000 | |
| Average employees | 384 | 390 | |
| Wages | £27,195,000 | £28,609,000 |
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 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Operating margin | 16.4% | 16.1% | |
| Net margin | 13.0% | 12.9% | |
| Return on capital employed | 18.8% | 20.7% | |
| Gearing (liabilities / total assets) | 33.7% | 26.8% | |
| Current ratio | 2.21x | 2.72x | |
| Interest cover | 220.54x | 258.96x |
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
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared cash flow forecasts and performed a going concern assessment which indicates that, in both the base and reasonably possible downsides, the Company will trade profitably and be cash generative for the period of 12 months from the date of signing the accounts.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| O'BRIEN, Philip Paul | Secretary | 2021-04-15 | — | — |
| DAVIDSON, Darren John | Director | 2024-01-01 | Aug 1972 | British |
| KEYZER-DEAN, Ross Llyod | Director | 2023-07-03 | Feb 1976 | British |
| O'BRIEN, Philip Paul | Director | 2022-10-01 | Apr 1981 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARLESS, Helen Claire | Secretary | 2014-12-01 | 2016-08-01 |
| DAVINA, Simone Eufemia Agatha | Secretary | 2016-08-02 | 2021-04-15 |
| GOMA, Delrose Joy | Secretary | 2014-05-23 | 2014-12-01 |
| A G SECRETARIAL LIMITED | Corporate Secretary | 2014-04-22 | 2014-05-23 |
| BYRNE, Brian Dara | Director | 2014-12-01 | 2018-02-01 |
| CLAYTON, Hugh Robert | Director | 2014-05-23 | 2014-12-01 |
| DAVINA, Simone Eufemia Agatha | Director | 2021-04-15 | 2022-10-01 |
| GRAY, James | Director | 2014-05-23 | 2014-12-01 |
| GRAY, Michael Paul | Director | 2014-12-01 | 2023-07-03 |
| HART, Roger | Director | 2014-04-22 | 2014-05-23 |
| HOPKINSON, Gareth James | Director | 2014-05-23 | 2014-12-01 |
| JAROS, Richard | Director | 2018-02-01 | 2021-04-15 |
| MARTLE, Simon David | Director | 2014-05-23 | 2014-12-01 |
| SCRIMSHAW, Stephen | Director | 2021-04-15 | 2024-01-01 |
| A G SECRETARIAL LIMITED | Corporate Director | 2014-04-22 | 2014-05-23 |
| INHOCO FORMATIONS LIMITED | Corporate Nominee Director | 2014-04-22 | 2014-05-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Siemens Energy Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-09-01 | Ceased 2025-09-01 |
| Siemens Energy Industrial Turbomachinery Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 76 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-05 | AA | accounts | Accounts with accounts type full | |
| 2025-09-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-01 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-06 | AA | accounts | Accounts with accounts type full | |
| 2024-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-03 | AA | accounts | Accounts with accounts type full | |
| 2022-10-31 | CH01 | officers | Change person director company with change date | |
| 2022-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-21 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-06-06 | CH01 | officers | Change person director company with change date | |
| 2022-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-05 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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 2024-09-30 vs 2023-09-30
-
Turnover
+15.1%
£313,535,000 £360,743,000
-
Cash
—
Not reported
-
Net assets
+4.1%
£258,491,000 £269,162,000
-
Employees
+1.6%
384 390
-
Operating profit
+12.9%
£51,386,000 £58,006,000
-
Profit before tax
+15.6%
£54,367,000 £62,840,000
-
Wages
+5.2%
£27,195,000 £28,609,000
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