NATIONWIDE BEARING COMPANY LTD.
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Cash
£1.1m
+62.9% vs 2025
Net assets
£6m
+13.4% vs 2025
Employees
16
-11.1% lowest in 6 filed years
Profit before tax
£2.3m
+77.2% highest in 3 filed years
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £4,451,652 | £4,965,201 | £5,229,952 | +5.3% | |
| Operating profit | — | — | — | £1,833,514 | £1,289,477 | £2,304,759 | +78.7% | |
| Profit before tax | — | — | — | £1,959,505 | £1,289,553 | £2,284,716 | +77.2% | |
| Net profit | £833,277 | £961,239 | £1,462,852 | £1,455,603 | £962,712 | £1,705,516 | +77.2% | |
| Cash | £522,580 | £1,243,931 | £2,197,666 | £4,465,841 | £696,380 | £1,134,688 | +62.9% | |
| Total assets less current liabilities | £6,364,493 | £7,335,486 | £8,804,629 | £10,227,285 | £5,892,429 | £6,464,289 | +9.7% | |
| Net assets | £6,347,591 | £7,308,830 | £8,771,682 | £10,227,285 | £5,267,894 | £5,973,410 | +13.4% | |
| Equity | £6,347,591 | £7,308,830 | £8,771,682 | £10,227,285 | £5,267,894 | £5,973,410 | +13.4% | |
| Average employees | 28 | 19 | 17 | 17 | 18 | 16 | -11.1% | |
| Wages | — | — | — | £562,070 | £577,755 | £474,838 | -17.8% | |
| Directors' remuneration | — | — | — | £138,625 | £77,590 | £94,695 | +22% |
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 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 41.2% | 26.0% | 44.1% | |
| Net margin | — | — | — | 32.7% | 19.4% | 32.6% | |
| Return on capital employed | — | — | — | 17.9% | 21.9% | 35.7% | |
| Current ratio | — | — | — | 25.03x | 14.05x | 11.17x | |
| Interest cover | — | — | — | — | 44.99x | 62.78x |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of their assessment of the company's financial position, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for more than 12 months after signing the financial statements. Accordingly they continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “As part of the company's cash management, a loan to Group of £500,000 was made in March 2026.”
- “During the year, the directors revised the methodology used to calculate the provision for doubtful debts, increasing the provision for doubtful debts by £54,112 and decreasing profit for the year by £54,112.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARNARD, Craig | Director | 2024-04-01 | Dec 1963 | South African |
| JOFFE, Steven Brian | Director | 2024-04-01 | Mar 1971 | South African |
| ROOS, Jacqueline | Director | 2025-07-11 | Sep 1977 | South African |
| SABIN, Mark | Director | 2024-04-01 | Oct 1973 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BIRLEY, Lorraine | Secretary | 1992-03-26 | 2021-01-13 |
| CHETTLEBURGH INTERNATIONAL LIMITED | Corporate Nominee Secretary | 1992-03-26 | 1992-03-26 |
| BIRLEY, Paul Allan Cameron | Director | 1992-03-26 | 2024-04-01 |
| MASSYN-LA GRANGE, Malo Marais | Director | 2024-04-01 | 2024-11-22 |
| TEIXEIRA, Miguel | Director | 2024-11-22 | 2025-07-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Invicta Global Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-04-01 | Active |
| Mr Paul Allan Cameron Birley | Individual | Shares 25–50% | 2016-04-06 | Ceased 2024-04-01 |
| Estate Of Mrs. Lorraine Birley | Individual | Shares 25–50% | 2016-04-06 | Ceased 2024-04-01 |
Filing timeline
Last 20 of 106 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-07 MA Memorandum articles
- 2025-12-28 RESOLUTIONS Resolution
- 2024-04-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-14 | AA | accounts | Accounts with accounts type full | |
| 2026-05-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-07 | MA | incorporation | Memorandum articles | |
| 2025-12-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-30 | RP01CS01 | confirmation-statement | Replacement filing of confirmation statement with made up date | |
| 2025-10-30 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-14 | AA | accounts | Accounts with accounts type full | |
| 2025-07-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-05 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-04-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-08 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- 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.