WOOLLEY GMC ENGINEERING HOLDINGS 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

  +6.9%

  £30,368,059 → £32,452,408

• Cash

  -17.2%

  £5,675,122 → £4,696,816

• Net assets

  +18.1%

  £19,020,518 → £22,456,018

• Employees

  -3.9%

  152 → 146

  lowest in 3 filed years

• Operating profit

  +36.7%

  £3,712,621 → £5,075,015

• Profit before tax

  +33.1%

  £3,820,997 → £5,085,263

• Wages

  +8.6%

  £5,333,010 → £5,792,931

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

Burrows Scarborough Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's 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 group and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.”

Group structure

1. WOOLLEY GMC ENGINEERING HOLDINGS LIMITED · parent
   1. Woolley GMC Engineering Company Limited 100% · England & Wales · production and precision engineering of machined castings and assemblies
   2. O.L.D. Engineering Company Limited 100% · England & Wales · production and precision engineering of machined castings and assemblies
   3. Industrieel Toeleveringsbedrijf Goddeeris NV 100% · Belgium · production and precision engineering of machined castings and assemblies

Significant events

• “The company has performed well over this period with consistent margins and healthy levels of turnover. The business has been able to secure new contracts with some of its major customers and this new business has helped maintain top level sales. Despite the ongoing challenges in the global economy via tariffs, interest rates, energy costs and political changes, tight cost management along with high levels of operational performance have delivered another positive year for the business.”
• “In the last year the business has continued working with its subsidiary company Industrieel Toeleveringsbedrijf Goddeeris NV (Goddeeris Machining) in Belgium, as part of a strategic growth plan into European customers. Whilst significant challenges remain in the European marketplace, customer relationships are continuing to deliver major new business for the company for the coming years.”

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.