SAM AEROSPACE (NI) LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. 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. SAM AEROSPACE (NI) LIMITED 2022-09-09 → present
2. J W KANE PRECISION ENGINEERING LIMITED 1995-02-21 → 2022-09-09
3. BARODA INVESTMENTS LIMITED 1992-01-21 → 1995-02-21

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Rödl & Partner Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In preparing the financial statements, the directors have considered continued funding from the parent company through intercompany loans. The parent company has confirmed, through a letter of subordination, that it will not demand repayment of these loans for a period of at least 12 months from the date of approval of these financial statements. This provides assurance that the company will be able to meet its liabilities as they fall due and continue its operations. Accordingly, the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “Under the terms of letters of offer from Invest NI there is a contingent liability to repay certain grants received if the Company fails to achieve and maintain specified targets. In the opinion of the directors, the terms of the letters of offer have been complied with and no loss is expected.”
• “The Company, from time to time, can be party to legal proceedings and claims which arise in the ordinary course of business. The directors do not anticipate that the outcome of any such proceedings, actions and claims, either individually or in aggregate, will have a material adverse effect upon the company's financial position.”

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

Filings

3

last 12 months

Capital events

1

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.