HARMOR 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

  -11.9%

  £76,678,000 → £67,584,000

• Cash

  +140.1%

  £2,621,000 → £6,294,000

  highest in 3 filed years

• Net assets

  -9.8%

  £14,644,000 → £13,213,000

• Employees

  -4.8%

  421 → 401

• Operating profit

  -84.6%

  £3,821,000 → £589,000

• Profit before tax

  -113%

  £3,144,000 → -£409,000

• Wages

  -1.3%

  £14,489,000 → £14,303,000

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. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the Group's forecasts and projections, the Directors have a reasonable expectation that the Group can remain a viable, going concern for the foreseeable future. The Group therefore continues to adopt the going concern basis in preparing the financial statements.”

Group structure

1. HARMOR LIMITED · parent
   1. Autocraft Solutions Limited 100% · England
   2. Autocraft Solutions Group Limited 100% · England
   3. Autocraft Technology Solutions Limited 100% · England
   4. Autocraft Drivetrain Solutions Limited 100% · England
   5. Vertex Engineering Solutions Limited 100% · England
   6. Autocraft EV Solutions Limited 100% · England
   7. Autocraft Machining Solutions Limited 100% · England
   8. Autocraft EV Solutions B.V. 100% · Netherlands

Significant events

• “The Group's ICE businesses experienced project delays and supply disruption, beyond the business's control, affected the final quarter of 2023. These delays continued into mid-2024, however, all projects were successfully launched during the second half of 2024.”
• “During 2024 the Group secured a number of EV High Voltage Battery pilot projects with new customers.”
• “In March 2024 the business successfully completed a project to move the majority of its finance and banking to HSBC.”
• “Changes to Zero Emission mandates in the UK and Europe were softened in the UK the ban on ICE was delayed to 2035.”
• “Political changes during early 2025 in the USA resulted in a significant reduction in policies to promote EVs in the USA.”
• “The business experienced greater levels of Cyber attacks during 2024 and whilst the businesses defence systems and policies to mitigate the Cyber risk were sufficient in 2024 the business believes that the cyber risk will only continue to increase in future years.”
• “During the year, 11,760 C Deferred Shares were purchased back by the Company and cancelled on the same day.”
• “At the year end, the Group was committed to future outlay of £307k (2023 - £1,044k) not provided for in the accounts, in connection with a reorganisation of its shareholding.”

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

Filings

20

last 12 months

Capital events

18

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.