UNITBIRWELCO LTD

• ⚠

  Material uncertainty over going concern

  The financial statements have been prepared on a going concern basis As disclosed in Note 2, the directors have concluded that the going concern basis of accounting is appropnate However, we have concluded that the use of the going concern basis is not appropnate The Group has experienced significant and sustained losses during the last few years and the Group has net liabilities of £6,952,958 at the reporting date Furthermore, Hampden Holdings Limited have confirmed that no further funding or support is to be provided to the Group and parent company going forward In addition, the Group and parent company has no committed funding facilities and are unable to repay their current liabilities as they fall due These conditions indicate that the Group and parent company have ceased to meet the going concern criteria set out in Section 3 of FRS 102.

• ◆

  Audit opinion: Adverse

  Latest auditor's report carried a non-clean opinion.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  -25.8%

  £15,164,603 → £11,253,602

• Cash

  -47.5%

  £222,503 → £116,880

• Net assets

  -1,159.6%

  £656,200 → -£6,952,958

• Employees

  +7.1%

  170 → 182

  highest in 4 filed years

• Operating profit

  -122.8%

  -£4,092,045 → -£9,115,816

• Profit before tax

  -108.8%

  -£4,441,123 → -£9,271,780

• Wages

  +7.2%

  £7,473,467 → £8,008,311

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.

1. UNITBIRWELCO LTD 2018-09-03 → present
2. ARCHOVER POWER ENGINEERING LIMITED 2018-08-08 → 2018-09-03

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

ML Audit LLP

Audit opinion

Adverse

Going concern

Material uncertainty disclosed

“The financial statements have been prepared on a going concern basis As disclosed in Note 2, the directors have concluded that the going concern basis of accounting is appropnate However, we have concluded that the use of the going concern basis is not appropnate The Group has experienced significant and sustained losses during the last few years and the Group has net liabilities of £6,952,958 at the reporting date Furthermore, Hampden Holdings Limited have confirmed that no further funding or support is to be provided to the Group and parent company going forward In addition, the Group and parent company has no committed funding facilities and are unable to repay their current liabilities as they fall due These conditions indicate that the Group and parent company have ceased to meet the going concern criteria set out in Section 3 of FRS 102.”

Group structure

1. UNITBIRWELCO LTD · parent
   1. Birwelco Limited 100% · England and Wales · engineering
   2. Unit Superheater Engineering Limited 100% · England and Wales · engineering
   3. Uni Realisation 2026 Limited (formerly Unit Engineers & Constructors Limited) 100% · England and Wales · engineering
   4. Unitbirwelco Energy Ltd 100% · Scotland · engineering
   5. Unitbirwelco IISP Thermal Equipment Private Limited 51% · India · engineering

Significant events

• “On 2nd July 2025, the directors' of Hampden Private Capital Limited confirmed the terms of the loan have been amended such that the loan is no longer repayable and is considered a capital contribution”
• “On 23rd January 2026, Uni Realisations 2026 Limited (formerly Unit Engineers & Constructors Limited), a wholly-owned subsidiary of the Group, entered administration”
• “On 2nd March 2026, Hampden Private Capital Limited transferred 310,000 of their existing shareholding to Andrew Williams and Cy Wilkinson in proportions of 150,000 and 160,000 respectively, for consideration of £2”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.