D R BALING WIRE MANUFACTURERS LIMITED
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Cash
£6.1M
-3% vs 2023
Net assets
£13M
+4.7% vs 2023
Employees
30
+30.4% vs 2023
Profit before tax
£874K
-79.5% vs 2023
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £16,826,272 | £16,278,400 | -3.3% | |
| Operating profit | £4,023,466 | £590,217 | -85.3% | |
| Profit before tax | £4,266,914 | £873,634 | -79.5% | |
| Net profit | £3,465,291 | £598,522 | -82.7% | |
| Cash | £6,330,424 | £6,141,245 | -3% | |
| Total assets less current liabilities | £13,113,382 | £13,851,532 | +5.6% | |
| Net assets | £12,716,546 | £13,315,068 | +4.7% | |
| Equity | £12,716,546 | £13,315,068 | +4.7% | |
| Average employees | 23 | 30 | +30.4% | |
| Wages | £1,296,990 | £1,313,157 | +1.2% | |
| Directors' remuneration | £20,940 | £5,700 | -72.8% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 23.9% | 3.6% | |
| Net margin | 20.6% | 3.7% | |
| Return on capital employed | 30.7% | 4.3% | |
| Current ratio | 11.55x | 6.58x |
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
- D R BALING WIRE MANUFACTURERS LIMITED 2016-07-08 → present
- D R BALING WIRE MANFACTURERS LIMITED 2002-05-01 → 2016-07-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Henton & Co LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The recent increases in energy costs shall have an impact on future performance.”
- “difficult trading conditions in the UK industry”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DOWNING, Stephen James | Secretary | 2026-01-01 | — | — |
| AMPOLINI, Axel Vincent | Director | 2025-11-12 | Apr 1970 | American |
| MONTECINOS, Héctor Marmaduque Paredes | Director | 2025-11-12 | Dec 1972 | Chilean |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ROBINSON, David | Secretary | 2002-05-01 | 2002-10-14 |
| ROBINSON, Elizabeth Margaret | Secretary | 2002-10-14 | 2022-10-05 |
| YORK PLACE COMPANY SECRETARIES LIMITED | Corporate Nominee Secretary | 2002-05-01 | 2002-05-01 |
| ROBINSON, David | Director | 2013-07-01 | 2022-10-05 |
| ROBINSON, David | Director | 2002-05-01 | 2002-10-14 |
| ROBINSON, Elizabeth Margaret | Director | 2002-05-01 | 2022-10-05 |
| ROBINSON, Matthew David | Director | 2002-05-06 | 2025-11-12 |
| ROBINSON, Peter James | Director | 2022-10-05 | 2025-11-12 |
| ROBINSON, Peter James | Director | 2002-05-06 | 2017-06-30 |
| YORK PLACE COMPANY NOMINEES LIMITED | Corporate Nominee Director | 2002-05-01 | 2002-05-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dr Baling Wire Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2022-10-21 | Active |
Filing timeline
Last 20 of 110 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-10 | CH01 | officers | Change person director company with change date | |
| 2026-02-10 | CH01 | officers | Change person director company with change date | |
| 2026-01-15 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-12-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-15 | AA | accounts | Accounts with accounts type full | |
| 2025-06-02 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-05-30 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-05-23 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-05-19 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-05-13 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-05-31 | AA | accounts | Accounts with accounts type full | |
| 2024-02-29 | CS01 | confirmation-statement | Confirmation statement | |
| 2023-06-26 | AA | accounts | Accounts with accounts type full | |
| 2023-03-08 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 2
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.