TMD FRICTION UK 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

  +93,909.4%

  £76,587 → £71,999,000

  highest in 3 filed years

• Cash

  +118,879.5%

  £3,214 → £3,824,000

  highest in 3 filed years

• Net assets

  +89,261.8%

  £114,972 → £102,741,000

  highest in 3 filed years

• Employees

  -5.2%

  483 → 458

  lowest in 3 filed years

• Operating profit

  +148,149.9%

  £1,857 → £2,753,000

  highest in 3 filed years

• Profit before tax

  -344,699.5%

  -£3,192 → -£11,006,000

  lowest in 3 filed years

• Wages

  -2.1%

  £17,618,000 → £17,256,000

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. TMD FRICTION UK LIMITED 2002-01-23 → present
2. ICEDRIFT LIMITED 2001-11-28 → 2002-01-23

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Constantin

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The forecasts indicate that, taking account of severe but plausible downsides and the effects of raw material and energy inflation on the operations and its financial resources, the Company is able to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements. ... Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “The 2023 annual pay award was not agreed and implemented by 2023 year end, this escalated into industrial action in January 2024 which resulted in a reduced production run rate throughout January 2024. Subsequently a two year pay award was agreed on 30th January 2024 covering the period June 2023 to June 2025, which put an end to the industrial action.”
• “There are no adjusting nor non-adjusting post balance sheet events which have an impact on these financial statements.”

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

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.