TURNSPEED PRECISION ENGINEERING COMPANY LIMITED
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Next accounts due
2027-04-30 (in 11mo)
Last filed for 2025-07-31
Confirmation statement due
2026-06-15 (in 1mo)
Last made up 2025-06-01
Watchouts
None on the register
Cash
£510
Latest balance sheet
Net assets
£8M
Equity attributable
Employees
63
Average over period
Profit before tax
£591K
Period ending 2025-07-31
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2025-07-31
| Metric | Trend | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2024-08-01 | 2025-07-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | £9,109,617 | — | £8,739,324 | |
| Operating profit | — | — | £1,197,104 | — | £900,137 | |
| Profit before tax | — | — | £924,656 | — | £590,853 | |
| Net profit | — | — | £678,079 | — | £425,561 | |
| Cash | — | -£19,696 | £897 | — | £510 | |
| Total assets less current liabilities | — | — | £11,547,962 | — | £12,745,846 | |
| Net assets | — | — | £7,289,518 | — | £7,519,079 | |
| Equity | — | £6,796,439 | £7,289,518 | — | £7,519,079 | |
| Average employees | — | — | 63 | — | 63 | |
| Wages | — | — | £2,185,578 | — | £2,254,663 | |
| Directors' remuneration | — | — | £40,696 | — | £25,123 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-07-31 vs 2024-08-01
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2024-08-01 | 2025-07-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | 13.1% | — | 10.3% | |
| Net margin | — | — | 7.4% | — | 4.9% | |
| Return on capital employed | — | — | 10.4% | — | 7.1% | |
| Gearing (liabilities / total assets) | — | — | 49.0% | — | 51.1% | |
| Current ratio | — | — | 1.19x | — | 1.39x | |
| Interest cover | — | — | 4.39x | — | 2.91x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Old Mill Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 company has delivered a strong set of results. The business continues to meet customer expectations and remains agile in the market place due to its market leading staff, processes and equipment, including at the new plating facility. Furthermore, the directors are pleased to report that the company continues to maintain a strong pipeline of work, providing confidence in the ongoing performance and stability of the business.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVIES, Jamie | Secretary | 1998-04-02 | — | British |
| DAVIES, Jamie | Director | 2016-08-30 | Feb 1974 | British |
| DAVIES, Kelly | Director | 2015-09-23 | Jan 1977 | British |
| DAVIES, Ronald James | Director | — | Mar 1946 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, Lynn Suzanne | Secretary | — | 1998-04-02 |
| DAVIES, Lynn Suzanne | Director | — | 1998-04-02 |
| THOMAS, Kelly | Director | 2003-01-31 | 2007-01-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Ronald James Davies | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 113 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-18 | AA | accounts | Accounts with accounts type full | |
| 2025-06-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-16 | AA | accounts | Accounts with accounts type full | |
| 2025-04-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-02-23 | AA | accounts | Accounts with accounts type medium | |
| 2023-06-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-04 | AA | accounts | Accounts with accounts type full | |
| 2022-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-07 | AA | accounts | Accounts with accounts type full | |
| 2021-09-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-07-29 | AA | accounts | Accounts with accounts type full | |
| 2021-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-11 | AD02 | address | Change sail address company with old address new address | |
| 2020-08-05 | AA | accounts | Accounts with accounts type full | |
| 2020-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-04-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2019-04-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2019-04-18 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- 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.