BLAENAVON FORGINGS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. BLAENAVON FORGINGS LIMITED 2019-06-03 → present
2. DONCASTERS UK FABRICATIONS LIMITED 2019-01-18 → 2019-06-03

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

Affirmed

“As part of the going concern assessment, the Directors considered a range of reasonably possible downside scenarios for the Group which include a reduction in expected demand, impact of potential tariffs, additional operating costs particularly for manufacturing yield and risks regarding changes in exchange rates. The Directors have also considered mitigating actions which are available and within the control of the Group, particularly regarding potential reductions in operating cost and reducing planned spend. The Directors are satisfied based on all the projections that the Company has sufficient cash and available liquidity to continue as a going concern for the foreseeable future. While there can be no certainty that the Company's and Group's forecasts can be achieved the Directors are satisfied that the Company has adequate resources to meets it obligations as they fall due. Accordingly the accounts of the Company have been prepared on a going concern basis.”

Significant events

• “The Company has continued to see significant improvement in revenues, order book and profitability during 2024 following a similar pattern in 2023, and this is expected to continue into 2025 as demand for global air travel continues to increase. This is expected to lead to a further increase in sales and profits for the Company during 2025.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +30.5%

  £35,344,000 → £46,127,000

• Cash

  +37.1%

  £1,554,000 → £2,130,000

• Net assets

  +41.3%

  £11,914,000 → £16,830,000

• Employees

  +12.2%

  156 → 175

• Operating profit

  +120.7%

  £2,850,000 → £6,290,000

• Profit before tax

  +120.4%

  £2,656,000 → £5,854,000

• Wages

  +14%

  £6,026,000 → £6,870,000

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