DELTA COSWORTH LIMITED

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

  -73.7%

  £7,012,000 → £1,847,000

• Cash

  —

  Not reported

• Net assets

  -334.8%

  £1,573,000 → -£3,693,000

  lowest in 4 filed years

• Employees

  -14.7%

  68 → 58

• Operating profit

  -4,000.7%

  £150,000 → -£5,851,000

• Profit before tax

  -4,278.6%

  £140,000 → -£5,850,000

• Wages

  +4%

  £2,630,000 → £2,736,000

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. DELTA COSWORTH LIMITED 2021-11-18 → present
2. DELTA MOTORSPORT LIMITED 2005-06-14 → 2021-11-18

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The balance sheet is in deficit of shareholder funds of £3,958k (2023: surplus £1,573k) which means the Company is technically insolvent. The director has adopted the going concern basis as the Company has the support of the shareholder and bank.”

Significant events

• “the group has taken the difficult decision to cease current operations at Delta later in FY2025, which has resulted in some redundancies and impairment of assets.”
• “There have been some significant changes across the global automotive industry, including the changes in EV legislation which have resulted in the slowdown of the transition to EVs around the world. As a result of these external headwinds and economic factors, unfortunately the Delta business has not realised its expected potential.”

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

Filings

2

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.