COORSTEK LIMITED

1. COORSTEK LIMITED 2000-01-17 → present
2. COORS CERAMICS COMPANY LIMITED 1998-11-09 → 2000-01-17
3. COORS CERAMICS ELECTRONICS LIMITED 1988-07-04 → 1998-11-09
4. POG 10 LIMITED 1988-01-11 → 1988-07-04

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

IFRS

Reporting scope

Consolidated group

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group funds its day-to-day working capital requirements through existing cash reserves and cash flows generated from trading activities, however, current economic conditions create uncertainty over the timing and level of demand for the Group's services. To help mitigate that risk of uncertainty and the potential impacts on cash, the Group operates a cash management system with its ultimate parent company, CoorsTek, Inc., whereby the participating Group subsidiaries' Euro bank balances are concentrated in a central account held by the ultimate parent company. The system results in a net debtor / creditor balance with its parent company and allows the Group to reduce the total amount of liquidity that is necessary to fund the ongoing operations of the Group. In addition to the Euro cash management system, the Group also receives other financial support from its parent company when needed, and the directors have satisfied themselves that the parent company has the resources to provide support to the Group and that this support will continue for a period of at least one year from the date of approval of these financial statements. The directors have, therefore, a reasonable expectation based on forecasting that the Group and Company have adequate cash resources to continue in operational existence for at least 12 months from the date the financial statements were available for issuance. A further consideration has been the impact of tariffs across the company, a team is in place that monitors the situation very closely from a total enterprise perspective, whilst the situation is still fluid, the group is not expecting a material impact to our profitability. For this reason, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

Group structure

1. COORSTEK LIMITED · parent
   1. CoorsTek Advanced Ceramics Crewe Ltd 100% · UK · Manufacturing
   2. CoorsTek GmbH 100% · Germany · Manufacturing
   3. CoorsTek Sweden AB 100% · Sweden · Manufacturing
   4. CoorsTek Advanced Materials Turnov sro 100% · Czech Republic · Manufacturing
   5. CoorsTek Netherlands BV 100% · Netherlands · Manufacturing

Significant events

• “In May 2025, Coorstek Inc, announced the closure of the Monchengladbach Plant, following the loss of a key customer for this specific facility. The remaining production lines will be relocated to our operations in Turnov, Czech Republic Operations. The cessation of operations in Monchengladbach is anticipated to occur by June 2026.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -13.4%

  £82,031,000 → £71,034,000

• Cash

  +21.5%

  £717,000 → £871,000

• Net assets

  -27.1%

  £13,479,000 → £9,824,000

• Employees

  -9.2%

  822 → 746

• Operating profit

  -233.3%

  £1,376,000 → -£1,834,000

• Profit before tax

  -335.8%

  -£897,000 → -£3,909,000

• Wages

  -5.9%

  £28,999,000 → £27,291,000

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