G. AND M. RADIATOR MANUFACTURING COMPANY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-26 (in 1y)
Last made up 2026-05-12
Watchouts
None on the register
Cash
£2M
-9.6% vs 2023
Net assets
£7M
-1.9% vs 2023
Employees
47
-7.8% vs 2023
Profit before tax
£3M
+48.8% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £7,847,797 | £6,700,944 | |
| Operating profit | £768,456 | £198,350 | |
| Profit before tax | £1,996,270 | £2,970,092 | |
| Net profit | £1,761,069 | £2,891,722 | |
| Cash | £2,359,549 | £2,133,073 | |
| Total assets less current liabilities | £9,288,987 | £9,156,318 | |
| Net assets | £7,453,718 | £7,314,372 | |
| Equity | £7,453,718 | £7,314,372 | |
| Average employees | 51 | 47 | |
| Wages | £1,855,732 | £1,751,468 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 9.8% | 3.0% | |
| Net margin | 22.4% | 43.2% | |
| Return on capital employed | 8.3% | 2.2% | |
| Current ratio | 5.24x | 7.21x | |
| Interest cover | 149.65x | 48.72x |
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
- Hutchison & Co.
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have assessed the company as having sufficient resources to meet the expected ongoing costs of the business for a period of not less than twelve months from the date of signing of these financial statements. As part of the year end review management has performed a detailed review based on severe but plausible conditions looking at the company's liquidity, banking covenant compliance and considering expected future performance. As a result, they have continued to adopt the going concern basis when preparing these financial statements.”
Group structure
- G. AND M. RADIATOR MANUFACTURING COMPANY LIMITED · parent
- Gallay Limited 100%
- Alutec UK Limited 100%
- G&M Deantusaiochta Teoranta 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MACNAIR, Andrew Robert Barclay | Secretary | 2014-06-01 | — | — |
| FOX, Brian Michael | Director | 2007-10-21 | Sep 1964 | British |
| LEDLIE, Michael George Ian | Director | 2007-06-25 | Jan 1969 | British |
| THORPE, Jeffrey Michael | Director | 2021-05-01 | Feb 1962 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JOHNSTON, Bryan Douglas | Secretary | 2013-02-20 | 2014-05-16 |
| SHRIGLEY, Eunice Claire | Secretary | — | 1999-01-04 |
| MACDONALDS | Corporate Secretary | 1999-01-04 | 2013-02-20 |
| BLAKE, John Allison | Director | 2013-06-28 | 2021-05-01 |
| BURNETT, George James | Director | — | 1990-12-17 |
| INGLIS, Alan Moffat | Director | — | 2003-10-31 |
| MCLAREN, James | Director | 2007-06-25 | 2013-06-28 |
| SCOTT, Aileen Agnes | Director | 2003-10-01 | 2007-07-31 |
| SHRIGLEY, Eunice Claire | Director | — | 2008-01-25 |
| SHRIGLEY, Ian Geoffrey | Director | — | 1998-07-02 |
| SHRIGLEY, Michael Derek | Director | — | 1999-01-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mcandrew Limited | Corporate entity | Shares 75–100%, Voting 75–100%, right-to-appoint-and-remove-directors-as-firm | 2016-05-12 | Active |
Filing timeline
Last 20 of 136 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-17 | AA | accounts | Accounts with accounts type full | |
| 2025-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-03 | AA | accounts | Accounts with accounts type full | |
| 2024-05-22 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-26 | AA | accounts | Accounts with accounts type full | |
| 2022-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-27 | AA | accounts | Accounts with accounts type full | |
| 2021-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-04 | TM01 | officers | Termination director company with name termination date | |
| 2021-05-04 | AP01 | officers | Appoint person director company with name date | |
| 2020-10-28 | AA | accounts | Accounts with accounts type full | |
| 2020-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-01 | AA | accounts | Accounts with accounts type full | |
| 2019-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-10-02 | AA | accounts | Accounts with accounts type full | |
| 2018-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-14.6%
£7,847,797 £6,700,944
-
Cash
-9.6%
£2,359,549 £2,133,073
-
Net assets
-1.9%
£7,453,718 £7,314,372
-
Employees
-7.8%
51 47
-
Operating profit
-74.2%
£768,456 £198,350
-
Profit before tax
+48.8%
£1,996,270 £2,970,092
-
Wages
-5.6%
£1,855,732 £1,751,468
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