H.V.R. INTERNATIONAL LIMITED
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Cash
£118K
+4.9% highest in 4 filed years
Net assets
£13M
-0.5% vs 2024
Employees
159
+3.9% highest in 4 filed years
Profit before tax
-£83K
+82.1% vs 2024
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-05-31
| Metric | Trend | 2021-05-31 | 2022-05-31 | 2024-05-31 | 2025-05-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £9,551,969 | £7,399,157 | £12,167,661 | £12,482,175 | +2.6% | |
| Operating profit | £1,002,598 | -£23,470 | -£427,919 | -£11,819 | +97.2% | |
| Profit before tax | £993,559 | -£35,222 | -£466,055 | -£83,337 | +82.1% | |
| Net profit | £786,954 | -£7,216 | -£343,838 | -£60,183 | +82.5% | |
| Cash | £50,907 | £13,459 | £112,547 | £118,034 | +4.9% | |
| Total assets less current liabilities | £13,106,934 | £13,018,928 | £13,129,871 | £13,016,628 | -0.9% | |
| Net assets | £12,845,187 | £12,837,971 | £12,835,698 | £12,775,515 | -0.5% | |
| Equity | £12,845,187 | £12,837,971 | £12,835,698 | £12,775,515 | -0.5% | |
| Average employees | 148 | 134 | 153 | 159 | +3.9% | |
| Wages | £4,090,354 | £3,688,162 | £5,028,787 | £5,322,747 | +5.8% | |
| Directors' remuneration | — | — | — | — | — |
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 | 2021-05-31 | 2022-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|---|---|
| Operating margin | 10.5% | -0.3% | -3.5% | -0.1% | |
| Net margin | 8.2% | -0.1% | -2.8% | -0.5% | |
| Return on capital employed | 7.6% | -0.2% | -3.3% | -0.1% | |
| Gearing (liabilities / total assets) | — | — | 15.6% | — | |
| Current ratio | — | — | 6.92x | 4.95x | |
| Interest cover | 74.29x | -1.60x | -10.87x | -0.17x |
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
- H.V.R. INTERNATIONAL LIMITED 1991-03-28 → present
- THERMCREST LIMITED 1991-03-07 → 1991-03-28
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that there is no material uncertainty in relation to going concern and that the company has adequate financial resources to continue in operational existence for at least twelve months from the date of signing the financial statements. Therefore the directors consider it appropriate to prepare the financial statements on a going concern basis.”
Group structure
- H.V.R. INTERNATIONAL LIMITED · parent
- HVR Advanced Power Components Inc 86.96%
Significant events
- “This was a difficult year for the company. Although orders increased significantly, the business continued to grapple with inflation, excessive energy and labour costs against a backdrop of macroeconomic uncertainty which proved more challenging than anticipated. To combat this, decisive action was taken to introduce a new pricing strategy in the last quarter of the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELLIOTT, Stephen Mitchell | Director | 1997-10-30 | Apr 1958 | British |
| MCLAUGHLIN, Kevin Stafford | Director | 1997-10-30 | Jan 1953 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KETCHIN, John Scott | Secretary | 1999-06-14 | 2008-11-06 |
| MANNING, Roger John | Secretary | 1991-03-15 | 1999-06-14 |
| WILSON, Joan | Secretary | 2008-11-06 | 2013-10-16 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 1991-03-07 | 1991-03-15 |
| BLACK, Christopher Angus Delmuir | Director | 1997-11-13 | 1999-06-14 |
| KETCHIN, John Scott | Director | 2000-03-01 | 2013-08-31 |
| MANNING, Roger John | Director | 1991-03-15 | 1999-03-31 |
| NICHOLSON, Henry | Director | 1991-03-15 | 1997-10-30 |
| PRICE, Denzil John Llewelyn | Director | 1991-03-15 | 1997-10-30 |
| WHARTON, Eric William | Director | 1991-03-15 | 1997-10-30 |
| WILSON, Alan Steven | Director | 1997-10-30 | 2013-08-31 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 1991-03-07 | 1991-03-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Stephen Elliott | Individual | Shares 25–50% | 2016-04-06 | Active |
| Mr Kevin Stafford Mclaughlin | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 129 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-29 | AA | accounts | Accounts with accounts type full | |
| 2026-03-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-02 | CH01 | officers | Change person director company with change date | |
| 2026-03-02 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-24 | AA | accounts | Accounts with accounts type full | |
| 2024-04-06 | AA | accounts | Accounts with accounts type full | |
| 2024-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-30 | AA | accounts | Accounts with accounts type full | |
| 2023-03-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-05-12 | AA | accounts | Accounts with accounts type full | |
| 2022-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-06-09 | AA | accounts | Accounts with accounts type full | |
| 2021-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-03-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-03-02 | AA | accounts | Accounts with accounts type full | |
| 2019-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.