DR BALING WIRE HOLDINGS LTD

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -2.8%

  £16,826,272 → £16,359,405

• Cash

  -8.2%

  £6,710,440 → £6,158,877

• Net assets

  +1.4%

  £13,183,887 → £13,374,324

• Employees

  -17.5%

  40 → 33

• Operating profit

  -84.1%

  £4,018,677 → £638,874

• Profit before tax

  -78.4%

  £4,262,126 → £922,291

• Wages

  +4.6%

  £1,300,339 → £1,359,621

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. DR BALING WIRE HOLDINGS LTD 2022-11-30 → present
2. DRB ROBINSON (1) LTD 2022-08-24 → 2022-11-30

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Henton & Co LLP

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. 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's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. DR BALING WIRE HOLDINGS LTD · parent
   1. DR Baling Wire Manufacturers Limited 100% · England and Wales
   2. Nexus Wire and Consumables Limited 67% · England and Wales

Significant events

• “In the period, the directors formed DR Baling Wire Holdings Limited, which holds the shares of both D R Baling Wire (Manufacturers Limited and Nexus Wire and Consumables Limited.”
• “Post year end the shares in Nexus Wire and Consumables Limited were transferred out of the group to DR Baling Wire Investments Ltd.”

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

Filings

15

last 12 months

Capital events

1

last 24 months

Officers appointed

3

last 12 months

Officers resigned

2

last 12 months

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