HARTWELL MANUFACTURING LTD

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

  +37.3%

  £14,344,246 → £19,701,081

• Cash

  +29.3%

  £114,666 → £148,311

• Net assets

  +9.7%

  £1,034,811 → £1,135,497

• Employees

  +14.6%

  82 → 94

  highest in 5 filed years

• Operating profit

  +54%

  £382,915 → £589,610

• Profit before tax

  +45.1%

  £264,503 → £383,686

• Wages

  +30.4%

  £3,372,207 → £4,397,700

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. HARTWELL MANUFACTURING LTD 2000-02-25 → present
2. HARTWELL ENGINEERING SUPPLIES LIMITED 1973-04-10 → 2000-02-25

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Kirk Newsholme

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The 2023/24 financial year has marked a period of robust growth and strategic progress for Hartwell Manufacturing Ltd. We have strengthened our core business operations and successfully bedded in our newest division, which specialises in an innovative product line tailored to the data centre market, which when combined with our core business provides a solid foundation for continued expansion. Throughout the reporting period, we have received exceptional feedback from customers and achieved formal accreditation from global market leaders, securing significant multi-year repeat orders. In addition, demand increased, leading to a new manufacturing facility being sought and operational early in the next financial year. Our pressure vessel division has continued to expand, and our pipework division remains a strong performer. The Board has advanced its commitment to long-term, sustainable growth through the formation of a Senior Leadership Team (SLT). This team is now fully operational and is focused on enhancing operational efficiency, strengthening internal systems and processes, and accelerating both revenue growth and profitability.”
• “The total distribution of dividends for the year ended 30 September 2024 will be £200,000 (2023 - £nil).”
• “R L Tomlinson - resigned 31 May 2024”
• “R L Tomlinson and P D Ball were appointed as directors after 30 September 2024 but prior to the date of this report.”

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

Filings

9

last 12 months

Capital events

1

last 24 months

Officers appointed

2

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.