CALEDONIAN ALLOYS LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -12.3%

  £40,707,184 → £35,694,849

• Cash

  —

  Not reported

• Net assets

  -41.9%

  £21,530,986 → £12,505,046

• Employees

  -8.1%

  62 → 57

• Operating profit

  +764.8%

  £284,817 → £2,463,183

• Profit before tax

  +229.1%

  £885,101 → £2,913,209

• Wages

  -9.2%

  £2,380,205 → £2,160,425

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. CALEDONIAN ALLOYS LIMITED 1996-03-21 → present
2. PACIFIC SHELF 661 LIMITED 1996-01-12 → 1996-03-21

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company pools all cash generated into a central cash pooling arrangement managed by its intermediate parent company, Precision Castparts Corp. ('PCC'). In addition, the directors have been supplied with a letter of support from PCC which will ensure any necessary financial support is provided within twelve months from the date of approval of these financial statements. The directors have satisfied themselves that PCC has the necessary financial resources to provide this support during this period, should it be required. Therefore, the directors have a reasonable expectation that the company has adequate resources internally, and through its association with PCC, to continue in operational existence for the foreseeable future and as such, the going concern basis has been adopted in preparing the annual report and financial statements.”

Significant events

• “The change in turnover was driven by reduced demand, primarily from inter-company customers whose requirements related to non-aerospace activity decreased due to unplanned outages and production optimization. Operating profits increased in the period which was mainly due to increased pricing, reserve adjustment and currency fluctuation. Net Current Assets have changed due to a $15M dividend payment and debtor and creditor movements, which were driven by a reduction in turnover and corresponding reduction in purchases.”

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

Filings

2

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.