TORNADO WIRE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-29 (in 6mo)
Last made up 2025-11-15
Watchouts
None on the register
Cash
£50K
+35,383.6% highest in 4 filed years
Net assets
£22M
+16.4% highest in 3 filed years
Employees
84
-2.3% lowest in 3 filed years
Profit before tax
£4M
+98.8% highest in 3 filed years
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £28,901,022 | £30,335,495 | |
| Operating profit | — | — | — | — | £1,946,270 | £3,822,272 | |
| Profit before tax | — | — | £3,901,430 | — | £2,097,592 | £4,170,106 | |
| Net profit | — | — | £3,178,904 | — | £1,678,447 | £3,111,827 | |
| Cash | — | — | £22,496 | £22,496 | £140 | £49,677 | |
| Total assets less current liabilities | — | — | £18,128,592 | — | £20,010,924 | £23,079,131 | |
| Net assets | — | — | £17,277,357 | — | £18,955,804 | £22,067,631 | |
| Equity | £12,548,750 | — | £17,277,357 | £17,277,357 | £18,955,804 | £22,067,631 | |
| Average employees | — | — | 91 | — | 86 | 84 | |
| Wages | — | — | £3,199,135 | — | £3,379,217 | £3,543,422 | |
| Directors' remuneration | — | — | £346,274 | — | £452,376 | £416,962 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+5%
£28,901,022 £30,335,495
-
Cash
+35,383.6%
£140 £49,677
highest in 4 filed years
-
Net assets
+16.4%
£18,955,804 £22,067,631
highest in 3 filed years
-
Employees
-2.3%
86 84
lowest in 3 filed years
-
Operating profit
+96.4%
£1,946,270 £3,822,272
-
Profit before tax
+98.8%
£2,097,592 £4,170,106
highest in 3 filed years
-
Wages
+4.9%
£3,379,217 £3,543,422
highest in 3 filed years
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 6.7% | 12.6% | |
| Net margin | — | — | — | — | 5.8% | 10.3% | |
| Return on capital employed | — | — | — | — | 9.7% | 16.6% | |
| Current ratio | — | — | — | — | 8.53x | 5.44x | |
| Interest cover | — | — | — | — | 561.69x | 49003.49x |
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 1 time since incorporation
- TORNADO WIRE LIMITED 1988-05-10 → present
- BALFOUR-WESTLER LIMITED 1978-05-19 → 1988-05-10
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the on-going projected trading performance, covering a period of at least 12 months from the date of approval of these financial statements, and the balances available for immediate drawdown under the Storskogen Group Treasury arrangements as detailed in the cash at bank policy (Note 2.13), the directors consider the company has adequate resources to continue its operations for foreseeable future. Thus, the directors continue to adopt the concern basis of accounting in preparing these financial statements.”
Significant events
- “Sales were in line with expectations with positive growth of 5%. Raw material costs continued to ease driving improved gross profit (+£2.2m) and operating profit (+£1.9m).”
- “The company continued to develop and strengthen its raw material supply chain, invest in its people delivering new training and strengthening key positions and continued to invest in its IT infrastructure to further improve efficiency and resilience.”
- “In 2024, our gas and electricity agreements were moved to green tariffs and key investments were made in electric vehicles and forklift trucks.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRETHERTON, Alexander James | Director | 2023-09-18 | May 1973 | British |
| CAMPBELL, Kenneth | Director | — | Aug 1956 | British |
| GALLEY, Rebecca Mary | Director | 2024-09-14 | Sep 1980 | British |
| GUNBY, Matthew James | Director | 2022-11-22 | May 1988 | British |
| MANTON, Daniel | Director | 2022-01-14 | Jun 1984 | Australian |
| PULLEN, Christopher Mark | Director | 2023-09-28 | May 1970 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BREESE, Iain Charles Dempster | Secretary | — | 2002-11-20 |
| CAMPBELL, Kenneth | Secretary | 2002-11-20 | 2022-01-14 |
| BERGEGARD, Fredrik | Director | 2022-01-14 | 2022-11-22 |
| BRADNAM, Jerry | Director | 2007-01-01 | 2010-09-24 |
| BREESE, Iain Charles Dempster | Director | — | 2002-11-20 |
| BURDON-COOPER, John Archibald | Director | — | 2005-10-12 |
| DAKIN, Michael Derek Royston | Director | 2022-11-22 | 2023-09-28 |
| HALL, Lynn Julie | Director | 2022-07-12 | 2023-09-18 |
| HALL, Lynn Julie | Director | 2007-09-03 | 2022-01-14 |
| HANCOCK, Geoffrey Charles | Director | 2001-09-01 | 2005-10-12 |
| HARRIS, Paul Walter | Director | 2013-05-01 | 2021-08-12 |
| HOGG, Peter John | Director | 2022-08-01 | 2024-09-13 |
| LOFGREN, Philip Jens Max | Director | 2023-09-28 | 2025-05-26 |
| MCKAY, Stevenson | Director | 1996-11-20 | 2022-01-14 |
| MILLER, Jonathan | Director | 2011-10-03 | 2022-01-14 |
| NICHOLSON, Alexander Clive Monteath | Director | 1996-11-20 | 2007-07-01 |
| NORDGRIP, Mattias | Director | 2022-01-14 | 2023-09-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tornado Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 185 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-04 | AA | accounts | Accounts with accounts type full | |
| 2025-05-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-14 | AA | accounts | Accounts with accounts type full | |
| 2023-11-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-20 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-20 | CH01 | officers | Change person director company with change date | |
| 2023-08-01 | AA | accounts | Accounts with accounts type full | |
| 2022-11-28 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-28 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-28 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- 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.