GATES (U.K.) LIMITED
Operating as the UK subsidiary of the global Gates Corporation, the business manufactures industrial rubber products and serves as a regional head office.
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Cash
—
Latest balance sheet
Net assets
£43m
+17.6% highest in 3 filed years
Employees
510
-1.2% lowest in 3 filed years
Profit before tax
£9.5m
+32.5% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-30 | 2024-12-28 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £186,399,000 | £160,800,000 | £173,048,000 | +7.6% | |
| Operating profit | £7,719,000 | £6,457,000 | £9,464,000 | +46.6% | |
| Profit before tax | £8,361,000 | £7,180,000 | £9,512,000 | +32.5% | |
| Net profit | £5,828,000 | £5,309,000 | £7,056,000 | +32.9% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | £129,620,000 | £139,789,000 | £147,360,000 | +5.4% | |
| Net assets | £32,542,000 | £36,842,000 | £43,309,000 | +17.6% | |
| Equity | £32,542,000 | £36,842,000 | £43,309,000 | +17.6% | |
| Average employees | 575 | 516 | 510 | -1.2% | |
| Wages | £24,870,000 | £24,870,000 | £22,897,000 | -7.9% | |
| Directors' remuneration | — | — | — | — |
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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-30 | 2024-12-28 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 4.1% | 4.0% | 5.5% | |
| Net margin | 3.1% | 3.3% | 4.1% | |
| Return on capital employed | 6.0% | 4.6% | 6.4% | |
| Gearing (liabilities / total assets) | 79.5% | 77.4% | 75.2% | |
| Current ratio | 5.03x | 6.33x | 5.86x | |
| Interest cover | 1.43x | 1.16x | 1.11x |
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.
Name history
Renamed 2 times since incorporation
- GATES (U.K.) LIMITED 1992-10-01 → present
- GATES RUBBER COMPANY LIMITED (THE) 1987-04-01 → 1992-10-01
- UNIROYAL LIMITED 1888-08-09 → 1987-04-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Accordingly, the directors continue to adopt the going concern basis in preparing the Company's financial statements.”
Significant events
- “On 20 July 2026, Gates Industrial Corporation plc underwent a Scheme of Arrangement pursuant to which it was reregistered as a private limited company and renamed Gates Industrial Corporation (UK) Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 38 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAEZ AMOS, Naomi Marie | Director | 2026-06-06 | Nov 1982 | American |
| ROGERS, Nathan Andrew | Director | 2018-05-25 | May 1964 | American |
| SWANSON, Marc Gregory | Director | 2018-05-25 | Dec 1969 | American |
Show 38 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURTON, Denise Patricia | Secretary | 1997-04-28 | 2011-01-01 |
| CLOES, Michel Pierre | Secretary | 1992-12-16 | 1997-04-28 |
| EDGAR, James | Secretary | — | 1992-12-16 |
| HOPSTER, Michael John | Secretary | 2011-01-01 | 2011-12-15 |
| LEWZEY, Elizabeth Honor | Secretary | 2011-12-15 | 2014-08-13 |
| SHIELDS, Linda Mary | Secretary | 2014-08-13 | 2018-03-01 |
| INTERTRUST (UK) LIMITED | Corporate Secretary | 2018-04-27 | 2024-12-06 |
| BELL, Richard | Director | 1990-11-27 | 1992-11-17 |
| BHATTACHARYA, Rasmani | Director | 2015-02-06 | 2015-06-30 |
| BRACKEN, Cristin Cracraft | Director | 2020-03-31 | 2026-06-05 |
| BURTON, Denise Patricia | Director | 1999-07-12 | 2011-01-01 |
| CORLESS, Brian | Director | 1991-05-31 | 1992-11-25 |
| DOBBIE, John Wade | Director | 1990-11-27 | 1992-09-30 |
| DUNCAN, Ian Alexander | Director | 1997-04-28 | 1999-07-12 |
| ESTENFELDER, Lothar Gerhard | Director | 1992-11-05 | 1998-03-03 |
| FLANAGAN, Paul Edward | Director | 2007-11-30 | 2011-04-08 |
| GARDINER, William John | Director | 1990-11-27 | 1992-11-17 |
| GIBSON, Thomas Joseph | Director | 1992-11-05 | 1996-07-01 |
| HENDERSON, Robert James | Director | 2014-08-13 | 2017-02-08 |
| HOPSTER, Michael John | Director | 2007-11-30 | 2011-12-15 |
| JOHNSTON, Alastair John Carmichael | Director | — | 1991-05-31 |
| KALSBEEK, Maurice Alexander | Director | 2017-04-27 | 2018-05-25 |
| KERFOOT, Paul Nigel | Director | 2017-02-08 | 2018-05-25 |
| LEWZEY, Elizabeth Honor | Director | 2011-04-08 | 2014-09-30 |
| MARCHANT, Richard Norman | Director | 1997-04-28 | 2002-07-31 |
| MCCLURE, Stephen Morris | Director | 1990-11-27 | 1991-12-31 |
| MILLER, Donald Eugene | Director | — | 1993-12-31 |
| NAGLE, Ross Christopher | Director | 2014-08-13 | 2017-04-11 |
| NELSON, James Edgar | Director | 1996-07-01 | 2003-07-31 |
| PORTER, Norman Charles | Director | 2002-08-01 | 2007-11-30 |
| RAUDABAUGH, Mark | Director | 1992-01-24 | 1992-12-09 |
| REEVE, Thomas C. | Director | 2011-07-01 | 2015-02-06 |
| RIESS, John Michael | Director | 1993-12-31 | 1999-02-08 |
| SEELY, Jamey Susan | Director | 2018-05-25 | 2020-03-31 |
| SHAW, John Julian St Clair | Director | 1990-11-27 | 1998-11-01 |
| STECKLEIN, Alfred Lorin | Director | 1990-08-01 | 1992-11-05 |
| STONER, Allan Wilbur | Director | — | 1990-11-27 |
| WILKINSON, Nicolas Paul | Director | 2011-07-01 | 2016-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gates Finance Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-01-07 | Active |
| Gates Industrial Europe S.A.R.L. | Corporate entity | Shares 75–100%, Voting 75–100% | 2019-01-01 | Ceased 2025-01-07 |
| Tomkins Engineering Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2019-01-01 |
Filing timeline
Last 20 of 236 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type full | |
| 2026-06-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-19 | AAMD | accounts | Accounts amended with accounts type full | |
| 2026-01-06 | AA | accounts | Accounts with accounts type full | |
| 2025-10-29 | RP01CS01 | confirmation-statement | Replacement filing of confirmation statement with made up date | |
| 2025-10-07 | CH01 | officers | Change person director company with change date | |
| 2025-10-06 | CH01 | officers | Change person director company with change date | |
| 2025-10-06 | CH01 | officers | Change person director company with change date | |
| 2025-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-16 | CH01 | officers | Change person director company with change date | |
| 2025-02-20 | AA | accounts | Accounts with accounts type full | |
| 2025-01-23 | ANNOTATION | miscellaneous | Legacy | |
| 2025-01-23 | ANNOTATION | miscellaneous | Legacy | |
| 2025-01-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-01-21 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-04-23 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-04-22 | PSC05 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.