BARNES GROUP (SCOTLAND) LIMITED

1. BARNES GROUP (SCOTLAND) LIMITED 2012-01-31 → present
2. TOOLCOM SUPPLIES LIMITED 1977-10-21 → 2012-01-31

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the Company's strong net asset position and its limited trading activities, and after consideration of the Company's forecasts and projections, the directors of the company have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The directors of the company have also received confirmation from the Company's parent undertaking Barnes Group Inc. that they will provide any financial support to the company where necessary for a period of 12 months from the date of signing these financial statements. On this basis, the directors have prepared the financial statements on a going concern basis.”

Significant events

• “The Company ceased trading on 8 August 2005 when it sold its trade and assets to Barnes Group (U.K.) Limited. Since that point interest is accruing on the unpaid consideration for this sale.”
• “Following the acquisition of the Group, the auditors, PricewaterhouseCoopers LLP, are retiring at the conclusion of this audit. The Directors are currently considering proposals from potential new auditors who will be appointed in due course.”

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

Filings

2

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +3.9%

  £12,046,739 → £12,522,280

• Employees

  —

  Not reported

• Profit before tax

  -6%

  £506,078 → £475,541

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