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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-02-26 (in 9mo)

Last made up 2026-02-12

Watchouts

1 item

Cash

£1M

Latest balance sheet

Net assets

£1M

Equity attributable

Employees

1

Average over period

Profit before tax

-£8M

Period ending 2025-03-31

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £54,623,786£167,591,886
Operating profit £842,580-£8,038,315
Profit before tax £777,566-£8,139,736
Net profit £487,171-£8,139,736
Cash £13,878,294£1,019,417
Total assets less current liabilities £9,155,687£1,015,950
Net assets £9,155,687£1,015,950
Equity £9,155,687£1,015,950
Average employees 21
Wages £1,884,535£5,593,793

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 2024-03-312025-03-31
Operating margin 1.5%-4.8%
Net margin 0.9%-4.9%
Return on capital employed 9.2%-791.2%
Gearing (liabilities / total assets) 83.3%97.5%
Current ratio 1.12x0.95x
Interest cover 12.96x-79.26x

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 102
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have defined the going concern period as the 12-month period commencing from the date of approval of these financial statements. The company is part of a larger Group which manages cash resources on a group wide basis. As such the Company, has confirmed in writing with the parent company NSK Steering & Control, Inc that it will support the company to meet its liabilities as they fall due throughout the going concern period.”

Significant events

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

People

3 active · 1 resigned

Name Role Appointed Born Nationality
PARKER, Timothy Hugh Secretary 2023-05-26
IBRAHIM, Kamal Director 2023-05-26 Nov 1977 French
OTAKE, Narihito Director 2023-05-26 Jan 1966 Japanese
Show 1 resigned officer
Name Role Appointed Resigned
KUMAMOTO, Takeshi Director 2023-05-26 2024-09-11

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Japan Industrial Solutions Iii Investment Limited Partnership Corporate entity Shares 50–75%, Voting 50–75% 2023-08-01 Ceased 2025-09-01
Nsk Ltd Corporate entity Shares 75–100%, Voting 25–50% 2023-05-26 Active

Filing timeline

Last 14 of 14 total filings

Date Type Category Description
2026-02-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-02-06 AA accounts Accounts with accounts type full
2025-10-15 PSC05 persons-with-significant-control Change to a person with significant control PDF
2025-10-15 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-06-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-07 AA accounts Accounts with accounts type full
2024-09-24 TM01 officers Termination director company with name termination date PDF
2024-05-28 CS01 confirmation-statement Confirmation statement with updates PDF
2024-03-27 SH01 capital Capital allotment shares PDF
2023-10-19 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-10-18 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-10-18 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2023-06-23 AA01 accounts Change account reference date company current shortened PDF
2023-05-26 NEWINC incorporation Incorporation company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

Year-on-year comparison hidden: this filing covers about 12 months versus 10 months prior.

Official Companies House page