FEDERAL-MOGUL CONTROLLED POWER LIMITED

• ⚠

  Material uncertainty over going concern

  Given this, the directors consider that it is not appropriate to adopt the going concern basis in preparation of the annual report and financial statements, and accordingly, the financial statements have been prepared on a basis other than the going concern basis, but still in accordance with FRS 102.

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

Frances Grant for and on behalf of Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Given this, the directors consider that it is not appropriate to adopt the going concern basis in preparation of the annual report and financial statements, and accordingly, the financial statements have been prepared on a basis other than the going concern basis, but still in accordance with FRS 102.”

Significant events

• “During October of 2024, the Company made the decision to exit the Controlled Power business, phase out associated engineering design and development support activities, and effectively wind down the operations of the Company.”
• “In September 2025, the Company paid an amount of £3.1m to Third Man Technologies Limited (fka Controlled Power Technologies Limited).”

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

0

last 24 months

Officers appointed

0

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

  -6.6%

  £25,277,631 → £23,611,384

• Cash

  —

  Not reported

• Net assets

  -26.4%

  -£51,265,857 → -£64,825,018

• Employees

  -22.2%

  36 → 28

• Operating profit

  +5.3%

  -£9,649,704 → -£9,136,433

• Profit before tax

  -8.4%

  -£12,511,204 → -£13,559,161

• Wages

  -16.4%

  £2,278,214 → £1,903,966

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