TWG INVESTMENTS (NO.10) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-08 (in 5mo)
Last made up 2025-09-24
Watchouts
Cash
£1K
0% vs 2023
Net assets
£779M
+3.8% vs 2023
Employees
—
Average over period
Profit before tax
£38M
+2.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
As a result of the main pension plan reflecting a funding level on a funding basis exceeding 105% for two consecutive years, thereby triggering a permanent switch off, the Company has no requirement to make further payments to the plan., Due to the cessation of the main activity of the Company, the directors have deemed it inappropriate to continue to apply the going concern basis of accounting. The financial statements have therefore been prepared on the basis other than going concern. No material adjustments arose as a result of ceasing to apply the going concern basis of accounting.
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 | — | — | |
| Operating profit | — | — | |
| Profit before tax | £36,797,000 | £37,584,000 | |
| Net profit | £28,150,000 | £28,188,000 | |
| Cash | £1,000 | £1,000 | |
| Total assets less current liabilities | £750,872,000 | £779,060,000 | |
| Net assets | £750,872,000 | £779,060,000 | |
| Equity | £750,872,000 | £779,060,000 | |
| Average employees | — | — | |
| Wages | — | — |
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 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 11.9% | 11.6% | |
| Current ratio | 3.73x | 8.61x |
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 101
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As a result of the main pension plan reflecting a funding level on a funding basis exceeding 105% for two consecutive years, thereby triggering a permanent switch off, the Company has no requirement to make further payments to the plan., Due to the cessation of the main activity of the Company, the directors have deemed it inappropriate to continue to apply the going concern basis of accounting. The financial statements have therefore been prepared on the basis other than going concern. No material adjustments arose as a result of ceasing to apply the going concern basis of accounting.”
Significant events
- “Subsequent to the year end, in May 2025, the directors increased the share capital of the Company by creating 50,000,393 new ordinary shares. There was a subsequent share capital reduction involving a change in the nominal value of ordinary shares from £1 to £0.000000001. The Company declared an interim dividend of £840,714,112 to its parent undertaking The Weir Group PLC.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HADDOUK, Jennifer Aurelie Mathilde | Secretary | 2025-09-22 | — | — |
| PALMER, Christopher James | Director | 2023-11-28 | Mar 1978 | British |
| VANHEGAN, Graham William Corbett | Director | 2018-05-01 | Sep 1964 | British,American |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KYLE, Gillian | Secretary | 2015-12-18 | 2023-08-11 |
| HEASLEY, John Brian | Director | 2016-10-03 | 2023-11-30 |
| MORGAN, Christopher Findlay | Director | 2015-12-18 | 2018-05-01 |
| STANTON, Jonathan Adam | Director | 2015-12-18 | 2016-10-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Weir Group Plc | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 40 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-23 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-16 | GUARANTEE2 | other | Legacy | |
| 2026-01-16 | AGREEMENT2 | other | Legacy | |
| 2025-09-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-29 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-09-03 | AA | accounts | Accounts with accounts type full | |
| 2025-05-27 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-05-23 | SH20 | capital | Legacy | |
| 2025-05-23 | CAP-SS | insolvency | Legacy | |
| 2025-05-23 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-21 | SH01 | capital | Capital allotment shares | |
| 2024-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-24 | AA | accounts | Accounts with accounts type full | |
| 2023-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-06-07 | AA | accounts | Accounts with accounts type full | |
| 2022-12-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-07 | AA | accounts | Accounts with accounts type full | |
| 2021-12-16 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 3
- Officers appointed
- 1
- 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
—
Not reported
-
Cash
0%
£1,000 £1,000
-
Net assets
+3.8%
£750,872,000 £779,060,000
-
Employees
—
Not reported
-
Profit before tax
+2.1%
£36,797,000 £37,584,000
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