GLEASON CUTTING TOOLS LIMITED

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

• Turnover

  -5.6%

  £2,898,000 → £2,737,000

• Cash

  -52.1%

  £315,000 → £151,000

• Net assets

  -2.1%

  £4,453,000 → £4,360,000

• Employees

  0%

  15 → 15

• Operating profit

  -106.8%

  £266,000 → -£18,000

• Profit before tax

  -105.6%

  £268,000 → -£15,000

• Wages

  -1.4%

  £737,000 → £727,000

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

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.

1. GLEASON CUTTING TOOLS LIMITED 2005-07-11 → present
2. GLEASON WORKS LIMITED 1959-03-18 → 2005-07-11

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ellacotts Audit Services Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As a consequence of the strength of the underlying business, the company's balance sheet and the support of its ultimate parent company, the directors have no uncertainty about the entity's ability to continue as a going concern.”

Significant events

• “As of 31 December 2024 the Gleason Cutting Tools Limited Superannuation and Life Assurance Fund pension scheme investments exceeded the underlying liabilities of the pension scheme and thus is in an asset position, as disclosed in the balance sheet and note 13.”
• “Following the triennial review of the pension scheme, the company contributions were stopped from 1 January 2024 as the review showed a continued surplus.”

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

Filings

4

last 12 months

Capital events

1

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.