AIRBAGS INTERNATIONAL LIMITED
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Cash
£264k
-73.6% lowest in 3 filed years
Net assets
£15m
+1.9% vs 2023
Employees
227
-6.2% vs 2023
Profit before tax
£2.1m
+121.3% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £67,554,000 | £76,874,000 | £63,898,000 | -16.9% | |
| Operating profit | £1,061,000 | -£10,274,000 | £1,777,000 | +117.3% | |
| Profit before tax | £1,123,000 | -£9,957,000 | £2,122,000 | +121.3% | |
| Net profit | £1,048,000 | -£8,050,000 | £847,000 | +110.5% | |
| Cash | £1,373,000 | £1,001,000 | £264,000 | -73.6% | |
| Total assets less current liabilities | £24,002,000 | £25,352,000 | £24,599,000 | -3% | |
| Net assets | £24,112,000 | £15,151,000 | £15,439,000 | +1.9% | |
| Equity | £24,112,000 | £15,151,000 | £15,439,000 | +1.9% | |
| Average employees | 215 | 242 | 227 | -6.2% | |
| Wages | £9,468,000 | £10,555,000 | £10,170,000 | -3.6% | |
| Directors' remuneration | £240,000 | £136,000 | £159,000 | +16.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | 1.6% | -13.4% | 2.8% | |
| Net margin | 1.6% | -10.5% | 1.3% | |
| Return on capital employed | 4.4% | -40.5% | 7.2% | |
| Gearing (liabilities / total assets) | 32.8% | 57.9% | 51.5% | |
| Current ratio | 1.74x | 1.90x | 2.71x | |
| Interest cover | 66.31x | — | — |
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.
Name history
Renamed 1 time since incorporation
- AIRBAGS INTERNATIONAL LIMITED 1989-10-16 → present
- ANDAL PROPERTIES LIMITED 1985-11-13 → 1989-10-16
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On this basis the directors consider that it is appropriate to prepare the financial statements on a going concern basis for the period to 31 December 2024. The financial statements do not contain any adjustments that would result if the Company were unable to continue as a going concern.”
Group structure
- AIRBAGS INTERNATIONAL LIMITED · parent
- Autoliv-Kolb Limited 100%
Significant events
- “In 2023, Autoliv Inc, the ultimate parent undertaking, announced that it was accelerating its global cost reduction programme that included a substantial reduction in its workforce to support the Group's medium and long term financial targets.”
- “As a result of this cost reduction programme, on 13 July 2023, Autoliv Inc, announced that it was evaluating the possible closure of its textile weaving facility in the UK with the aim to relocate production by the end of 2025.”
- “Employee severance has commenced, and the full plant closure has been completed in June 2026.”
- “It is anticipated manufacturing activities will cease by the end of 2025, allowing the company to refocus activities on supporting related entities throughout the world with Management and Technical Expertise, and allowing the Cheshire factory to be closed and sold.”
- “Due to the July 2023 Autoliv Inc. announcement regarding cost reduction initiatives, management engaged with unions and employee representatives regarding likely outcomes, and how the effects of redundancies could be mitigated.”
- “Severance costs provision represents the likely costs of redundancy of factory related staff leaving to mid-year 2026 calculated on the basis of the likely employment duration and the terms balloted and agreed upon.”
- “At date of signing, the directors of the Company have concluded that manufacturing operations will transfer to Romania and are currently managing the transfer of assets within the group, and the marketing and sale of redundant assets.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BONNEY, John Anthony | Secretary | 2008-12-05 | — | British |
| JANSSON, Pierre | Director | 2026-04-30 | Feb 1967 | Swedish |
| MOORHOUSE, Christopher | Director | 2022-11-28 | Apr 1967 | British |
| ROLLO, Rebekah | Director | 2020-04-01 | Apr 1973 | American |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BENTLEY, James Daniel | Secretary | 2005-06-01 | 2005-10-10 |
| COLLINS, John William | Secretary | 2000-07-14 | 2002-01-25 |
| HANSFORD, Derek Bernard Harvey | Secretary | — | 1993-05-19 |
| KANE, Karen Maria | Secretary | 2005-10-10 | 2008-12-05 |
| KINGSLEY, Miriam Janet | Secretary | 2002-01-25 | 2005-06-01 |
| MCLEAN, John Alistair | Secretary | 1994-06-07 | 2000-07-14 |
| O NIELL, Julie Anne Bernadette | Secretary | — | 1994-06-07 |
| ABEL SMITH, David Francis | Director | — | 1995-05-01 |
| ACKEBY, Eric Kristian Tobias | Director | 2012-09-10 | 2015-10-15 |
| ANDERSSON, Sture Roland | Director | — | 1999-04-30 |
| BARK, Gunnar Emanuel | Director | — | 1996-04-23 |
| BIORCK, Hans Torsten Gunnar | Director | 1999-04-30 | 2001-08-22 |
| CHARLETY, Paul | Director | 1996-06-03 | 1998-05-22 |
| DUART DUART, Salvador | Director | 2007-06-01 | 2009-09-01 |
| EAGLES, Colin | Director | 2002-11-26 | 2004-05-28 |
| EUSTACE, Stuart | Director | 2016-01-01 | 2022-11-28 |
| FLORBERGER, Lars Eric | Director | 2004-06-01 | 2008-07-04 |
| FLORBERGER, Lars-Eric | Director | 1994-12-14 | 1999-04-30 |
| GABBOTT, William | Director | 1998-01-26 | 1999-09-01 |
| HELD, Peter Erich Julius | Director | — | 1992-09-24 |
| JONES, Anthony David | Director | — | 1993-04-07 |
| KALLIONIEMI, Lennart | Director | 1999-04-30 | 2002-05-13 |
| KULL, Wilhelm | Director | 1998-05-22 | 1999-04-30 |
| LINDQUIST, Carl Magnus | Director | 2001-08-22 | 2008-04-30 |
| MAISTRELLI, Francois Andre | Director | 2009-09-01 | 2012-01-13 |
| MOSCHINI, Jorgen | Director | 2000-09-03 | 2002-11-26 |
| NIELSEN, Per | Director | 2015-10-15 | 2020-04-01 |
| PENNINGTON, Alan Paul | Director | 2012-01-13 | 2016-01-01 |
| ROLLASON, William Peter, Dir | Director | 1993-03-17 | 1995-05-01 |
| WALLIN, Bjorn Mats Olof | Director | 2008-04-29 | 2012-09-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Autoliv Uk Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 198 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-07 | AA | accounts | Accounts with accounts type full | |
| 2026-06-25 | CH01 | officers | Change person director company with change date | |
| 2026-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-05-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-04 | AA | accounts | Accounts with accounts type full | |
| 2026-01-03 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-12-30 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-07 | AA | accounts | Accounts with accounts type full | |
| 2023-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-07 | AA | accounts | Accounts with accounts type full | |
| 2022-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-08 | AA | accounts | Accounts with accounts type full | |
| 2021-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-11 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- 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.