CHARD PRECISION CASTINGS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

MC Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The year saw an improved order intake across both the Aerospace and Industrial Gas Turbine business streams enabling a stable base with an expected annual growth across 2025 and beyond.”
• “The successful pricing negotiations of 2023 enabled the business to counter inflation and supply chain uncertainty within the 2024 period, and a mechanism to increase prices in line with inflation have been put in place which further strengthens the business' ability to remain profitable in future years.”
• “At 31 December 2024 the Company had net assets of £1.0 million (2023: net liabilities of £0.8 million). The main movements in the balance sheet in the year ended 31 December 2024 were in stock value due in part to improved stock holding days and in part to reduced Alloy prices.”
• “The SFA debt was refinanced on 23 April 2024 with a new enlarged $500 million facility repayable in April 2030. This new term loan facility is denominated in US Dollars and is subject to annual interest at SOFR plus a margin.”
• “On 25 April 2025 an additional facility of $50 million was drawn on the same terms as the new enlarged $500 million facility which increased the level of liquidity available to the Group.”

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

Filings

7

last 12 months

Capital events

1

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

  +21.6%

  £17,747,000 → £21,578,000

• Cash

  -5%

  £723,000 → £687,000

• Net assets

  +228.6%

  -£784,000 → £1,008,000

• Employees

  +6.9%

  130 → 139

• Operating profit

  +242.9%

  £569,000 → £1,951,000

• Profit before tax

  +399%

  £391,000 → £1,951,000

• Wages

  +13.3%

  £4,741,000 → £5,370,000

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