T.W. 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

  -0.8%

  £35,897,716 → £35,618,834

• Cash

  +43.9%

  £6,686,516 → £9,624,102

• Net assets

  +11.2%

  £16,350,492 → £18,185,088

• Employees

  -5.7%

  53 → 50

• Operating profit

  -24.3%

  £4,203,720 → £3,181,612

• Profit before tax

  -24.3%

  £4,246,362 → £3,214,100

• Wages

  -4.5%

  £2,129,844 → £2,034,049

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

PKF Smith Cooper Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. T.W. ENGINEERING HOLDINGS LIMITED · parent
   1. T. W. Engineering Company Limited 100% · UK
   2. T. W. Tools Limited 100% · UK · Dormant

Significant events

• “Costs were broadly in line with expectations, however due to the recent budgets, taxes have increased which has also led to increased costs from our suppliers and likely future challenges with inflation.”
• “We are still seeing inflationary pressures due to but not limited to labour, energy costs, carriage, packaging and consumables. The protracted period of economic challenges are set to continue and market risks and uncertainties are still an important factor to be taken into account in the future development of the business.”

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

Filings

5

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.