WILKIE TECHNICAL TEXTILES (HOLDING COMPANY) LIMITED

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

  -13.9%

  £51,211,122 → £44,077,097

• Cash

  +70.4%

  £4,377,411 → £7,458,033

• Net assets

  -5.7%

  £13,633,899 → £12,857,920

• Employees

  +6.9%

  304 → 325

• Operating profit

  -75.8%

  £2,221,561 → £538,131

• Profit before tax

  -125.2%

  £1,440,333 → -£362,788

• Wages

  +20.1%

  £7,061,272 → £8,481,561

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. WILKIE TECHNICAL TEXTILES (HOLDING COMPANY) LIMITED 2017-03-21 → present
2. WILKIE NEWCO LIMITED 2017-02-24 → 2017-03-21

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Since the financial year-end the group is trading as expected. The directors have maintained a focus on delivering our five-year growth plan and ensuring the group has adequate resources to operate. The directors continue to review the trading environment, regularly update the group forecast and analyse different potential scenario's for the future which include sensitivities on the impact of energy prices, the labour market, inflationary pressures, global politics and other changes in the world economy. These forecasts demonstrate that the group is forecast to be profitable for the current year and beyond and generate positive cashflows. The group has sufficient cash reserves to enable the group to meet its obligations as they fall due for at least the next 12 months from the date of signing these financial statements. Therefore, the directors are satisfied that the group has adequate resources to continue to operate for the foreseeable future and therefore continue to adopt the going concern basis for preparing these financial statements.”

Group structure

1. WILKIE TECHNICAL TEXTILES (HOLDING COMPANY) LIMITED · parent
   1. Digby Dyke Limited 100% · England · Research and development
   2. ENR Dissolution Limited 100% · Scotland · Holding company
   3. J. & D. Wilkie (Holding Company) Ltd 100% · Scotland · Holding company
   4. J. & D. Wilkie Limited 100% · Scotland · Textile manufacturing
   5. Lorica Research Limited 100% · England · Research and development
   6. Stewart Pinned Products (Zhengzhou) Ltd 84.7% · China · Engineering
   7. Stewart Pinned Products Limited 100% · Scotland · Engineering
   8. Stewart Pinned Products Private Limited 100% · India · Engineering
   9. Wilkie Japan Co. Ltd 80% · Japan · Sales agency
   10. Wilkie Technical Textiles America Inc 100% · USA · Textile manufacturing
   11. Wilkie Technical Textiles (Jiaxing) Ltd 80% · China · Textile manufacturing
   12. Wilkie Trading (Jiaxing) Limited 80% · China · Textile manufacturing
   13. Wm R Stewart & Sons (Hacklemackers) Ltd 100% · Scotland · Dormant
   14. Wilkie Technical Textiles (MA) Holding Company 100% · USA · Holding company
   15. Wilkie Technical Textiles (MA) LLC 100% · USA · Textile manufacturing
   16. Wilkie Property MA LLC 100% · USA · Property company

Significant events

• “In the year 2024 the group completed an asset acquisition in the USA adding an additional manufacturing site, whilst bringing state of the art technical coating technology into the group product offering.”
• “Strategically we initiated significant project work and associated resources which culminated in the acquisition of the majority shareholding in Michelin Scotland Innovation Parc in Dundee, Scotland.”
• “On 10 January 2025, the Group publicly announced its intention to acquire a majority shareholding in the Michelin Scotland Innovation Parc (MSIP), Dundee. While the exact details of the acquisition are still to be finalised at the time of authorising these financial statements, the announcement highlights the group's strategic plans for growth. Additionally, the acquisition is expected to result in the relocation of its operations from the Group's current base in Kirriemuir to Dundee.”

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

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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