COSWORTH LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2027-05-07 (in 1y)
Last made up 2026-04-23
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
-£8M
+14.5% vs 2024
Employees
361
+1.1% vs 2024
Profit before tax
£1M
+44.4% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £63,535,000 | £60,157,000 | |
| Operating profit | £2,467,000 | £2,944,000 | |
| Profit before tax | £1,003,000 | £1,448,000 | |
| Net profit | £842,000 | £1,339,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £25,560,000 | £27,775,000 | |
| Net assets | -£9,231,000 | -£7,892,000 | |
| Equity | -£9,231,000 | -£7,892,000 | |
| Average employees | 357 | 361 | |
| Wages | £16,882,000 | £17,550,000 | |
| 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. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
-5.3%
£63,535,000 £60,157,000
-
Cash
—
Not reported
-
Net assets
+14.5%
-£9,231,000 -£7,892,000
-
Employees
+1.1%
357 361
-
Operating profit
+19.3%
£2,467,000 £2,944,000
-
Profit before tax
+44.4%
£1,003,000 £1,448,000
-
Wages
+4%
£16,882,000 £17,550,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 3.9% | 4.9% | |
| Net margin | 1.3% | 2.2% | |
| Return on capital employed | 9.7% | 10.6% | |
| Gearing (liabilities / total assets) | 119.6% | 115.6% | |
| Current ratio | 1.40x | 1.51x | |
| Interest cover | 1.59x | 2.27x |
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 2 times since incorporation
- COSWORTH LIMITED 2004-11-17 → present
- RACEPOWER LIMITED 2004-11-04 → 2004-11-17
- LAWGRA (NO.1113) LIMITED 2004-07-13 → 2004-11-04
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on these actions and assurances, the directors remain confident in applying the going concern basis of accounting when preparing the financial statements. It should be noted that all forecasts and projections are subject to inherent risks, as underlying assumptions may need to be revised in response to changing circumstances.”
Significant events
- “During the year the Company announced a restructuring plan which was completed in the year. The costs of that restructuring are considered exceptional in nature.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FAWCETT, Michelle Rae | Director | 2025-06-27 | Jan 1961 | American |
| FORSYTHE, Gerald Ray | Director | 2024-05-23 | Nov 1940 | American |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WILDMAN, Pierre Charles | Secretary | 2004-11-03 | 2011-06-28 |
| LAWGRAM SECRETARIES LIMITED | Corporate Nominee Secretary | 2004-07-13 | 2004-11-03 |
| DENOTTO, Gerald Frank | Director | 2005-01-06 | 2011-09-09 |
| FORSYTHE, Gerald R | Director | 2005-01-06 | 2009-08-28 |
| KALKHOVEN, Kevin Oscar Newton | Director | 2004-11-03 | 2021-10-19 |
| LAGOWSKI, Lawrence Allan | Director | 2009-08-28 | 2011-06-28 |
| PALETHORPE, Mark John | Director | 2008-08-14 | 2013-06-28 |
| REISIGER, Hal Jon | Director | 2013-10-10 | 2024-05-21 |
| ROUTSIS, Timothy | Director | 2005-01-06 | 2013-06-28 |
| STEPHENSON, Martin Clive | Director | 2005-01-06 | 2006-04-30 |
| WILDMAN, Pierre Charles | Director | 2011-09-09 | 2024-05-23 |
| WILDMAN, Pierre Charles | Director | 2005-01-06 | 2011-06-28 |
| WHALE ROCK DIRECTORS LIMITED | Corporate Nominee Director | 2004-07-13 | 2004-11-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cosworth Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 124 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-25 | AA | accounts | Accounts with accounts type full | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-07-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-23 | CH01 | officers | Change person director company with change date | |
| 2024-04-22 | AA | accounts | Accounts with accounts type full | |
| 2023-09-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-04-15 | AA | accounts | Accounts with accounts type full | |
| 2022-04-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-04-19 | AA | accounts | Accounts with accounts type full | |
| 2021-10-26 | TM01 | officers | Termination director company with name termination date | |
| 2021-05-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-04-27 | AA | accounts | Accounts with accounts type full | |
| 2021-01-06 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- 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.