SURFACE TECHNOLOGY (HOLDINGS) LIMITED

• ⚠

  Material uncertainty over going concern

  The Company had net current liabilities and net liabilities at the balance sheet date and but made a profit in 2024 and 2025 and is forecasted to make a profit and have positive cash flows until the end of the forecast period, March 2027. For the purposes of this forecast, the entity has assumed that intercompany balances it owes will not be recalled in the year. This is on the basis the Company has received a letter of support from Quaker Chemical Corporation that it will provide such financial support as may be required for a period of at least 12 months from the date of approval of these financial statements, including any financial support required should amounts payable to other group companies be called for payment and should any amounts due from other group companies by the entity.

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

Material uncertainty disclosed

“The Company had net current liabilities and net liabilities at the balance sheet date and but made a profit in 2024 and 2025 and is forecasted to make a profit and have positive cash flows until the end of the forecast period, March 2027. For the purposes of this forecast, the entity has assumed that intercompany balances it owes will not be recalled in the year. This is on the basis the Company has received a letter of support from Quaker Chemical Corporation that it will provide such financial support as may be required for a period of at least 12 months from the date of approval of these financial statements, including any financial support required should amounts payable to other group companies be called for payment and should any amounts due from other group companies by the entity.”

Group structure

1. SURFACE TECHNOLOGY (HOLDINGS) LIMITED · parent
   1. Surface Technology (Aberdeen) Limited 100% · United Kingdom · Specialised coating and surface engineering
   2. Surface Technology (Australia) Pty Limited 100% · Australia · Specialised coating and surface engineering

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

Filings

6

last 12 months

Capital events

1

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

  -21.3%

  £1,526,064 → £1,200,504

• Cash

  -24.9%

  £61,986 → £46,541

• Net assets

  +0.4%

  -£869,647 → -£865,986

• Employees

  0%

  11 → 11

• Operating profit

  +73.7%

  £1,759 → £3,056

• Profit before tax

  +142.5%

  £1,759 → £4,266

• Wages

  -5.6%

  £962,431 → £908,427

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