S.S.S.GEARS LIMITED
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Cash
£22M
+2.5% vs 2023
Net assets
£124M
+7% vs 2023
Employees
45
+7.1% vs 2023
Profit before tax
£12M
+0.6% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £25,255,728 | £24,217,461 | -4.1% | |
| Operating profit | £4,654,482 | £3,186,162 | -31.5% | |
| Profit before tax | £12,161,483 | £12,230,346 | +0.6% | |
| Net profit | £9,383,142 | £9,322,826 | -0.6% | |
| Cash | £21,123,784 | £21,658,533 | +2.5% | |
| Total assets less current liabilities | £117,720,722 | £127,927,468 | +8.7% | |
| Net assets | £115,490,624 | £123,563,311 | +7% | |
| Equity | £115,490,624 | £123,563,311 | +7% | |
| Average employees | 42 | 45 | +7.1% | |
| Wages | £2,935,984 | £3,294,870 | +12.2% | |
| Directors' remuneration | £498,336 | £509,004 | +2.1% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 18.4% | 13.2% | |
| Net margin | 37.2% | 38.5% | |
| Return on capital employed | 4.0% | 2.5% | |
| Gearing (liabilities / total assets) | 4.9% | 6.3% | |
| Current ratio | 8.54x | 8.93x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- CMB Partnership Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company's forecasts and projections taking into account possible changes in trading performance, show that the company should be able to operate within the level of its current facilities. The directors therefore have a reasonable expectation that the company has adequate resources to continue its operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing the financial statements.”
Group structure
- S.S.S.GEARS LIMITED · parent
- Paddock Gear & Engineering Limited 100%
- S.S.S. Clutch Company Inc. 49.75%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NEEVES, James Michael George | Secretary | 1992-04-02 | — | British |
| BIZZILL, Paul Stuart | Director | 2008-04-06 | Jun 1973 | British |
| HENDRY, Morgan Leland | Director | 1998-02-12 | Apr 1950 | American |
| NEEVES, James Michael George | Director | — | Mar 1962 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COOMBES, Michael John | Secretary | 1991-11-21 | 1992-04-02 |
| PURKIS, Michael Cedric | Secretary | — | 1991-11-21 |
| CLEMENTS, Herbert Arthur | Director | — | 2016-07-01 |
| FAIRHEAD, Ian Golden | Director | — | 2006-04-21 |
| PURKIS, Michael Cedric | Director | — | 1991-11-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Synchro Clutch Company Ltd | Corporate entity | Shares 75–100% | 2016-07-01 | Active |
Filing timeline
Last 20 of 107 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-07 | AA | accounts | Accounts with accounts type full | |
| 2024-07-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-04 | AA | accounts | Accounts with accounts type full | |
| 2022-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-29 | AA | accounts | Accounts with accounts type full | |
| 2021-07-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-01 | AA | accounts | Accounts with accounts type full | |
| 2020-09-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2020-09-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2020-07-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-04 | AA | accounts | Accounts with accounts type full | |
| 2019-08-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-10-03 | AA | accounts | Accounts with accounts type full | |
| 2018-07-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2017-10-02 | AA | accounts | Accounts with accounts type full | |
| 2017-07-20 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.