GLEN FOUNDRY LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -7.6%

  £9,306,136 → £8,600,508

• Cash

  -61.2%

  £990,752 → £384,198

• Net assets

  -60.8%

  £5,532,404 → £2,170,642

  lowest in 5 filed years

• Employees

  -18.8%

  48 → 39

  lowest in 5 filed years

• Operating profit

  +127.6%

  £237,073 → £539,695

• Profit before tax

  +829.3%

  £201,110 → £1,868,898

  highest in 5 filed years

• Wages

  +14.1%

  £1,278,388 → £1,459,072

  highest in 3 filed years

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. GLEN FOUNDRY LIMITED 2008-01-04 → present
2. GLEN FOUNDRY PLC 1999-04-19 → 2008-01-04

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Wbg (Audit) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have assessed that the company has adequate resources to meet the ongoing costs of the business for a minimum of twelve months from the date of signing the financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. GLEN FOUNDRY LIMITED · parent
   1. Precision Tooling Services Limited 100%

Significant events

• “During the year the ownership of the company changed. Precision Tooling and Castings Limited acquired 100% of the share capital from AG Concepts Limited and is now considered to be the ultimate controlling party.”
• “On 31st December 2024 Glen Foundry Limited transferred 100% of it's owned share capital in Precision Tooling Services Limited to the ultimate parent, Precision Tooling and Castings Limited for £nil consideration.”
• “During the year under review, it was uncovered that there have been historical errors in the recording of share capital. This dated back to the 31 December 2015 financial year, and resulted in: an understatement of share capital of £37,500; and an understatement of amounts due from group undertakings of £37,500.”
• “During the year under review the company re-financed it's existing agreement with Barclays Bank for a total of £320,000 payable over a 5 year term, at an interest rate of base plus 2.75%.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.