ANTI-FRICTION COMPONENTS LIMITED
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Cash
£163k
-14.3% vs 2024
Net assets
£6.9m
+10.2% highest in 6 filed years
Employees
171
+32.6% highest in 6 filed years
Profit before tax
£950k
+15.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £17,818,303 | £21,631,947 | £24,003,781 | £25,916,164 | £25,909,589 | £41,253,199 | +59.2% | |
| Operating profit | £433,704 | £730,627 | £1,080,633 | £1,204,327 | £888,152 | £1,242,633 | +39.9% | |
| Profit before tax | £408,049 | £685,064 | £1,033,849 | £1,159,259 | £825,860 | £950,313 | +15.1% | |
| Net profit | £324,090 | £548,361 | £820,416 | £877,284 | £613,186 | £642,940 | +4.9% | |
| Cash | £75,329 | £151,728 | £218,987 | £543,662 | £189,787 | £162,733 | -14.3% | |
| Total assets less current liabilities | £3,580,488 | £4,369,212 | £5,171,005 | £6,030,813 | £9,185,987 | £9,483,219 | +3.2% | |
| Net assets | £3,430,124 | £3,978,485 | £4,798,901 | £5,676,185 | £6,289,371 | £6,932,311 | +10.2% | |
| Equity | £3,430,124 | £3,978,485 | £4,798,901 | £5,676,185 | £6,289,371 | £6,932,311 | +10.2% | |
| Average employees | 107 | 127 | 125 | 123 | 129 | 171 | +32.6% | |
| Wages | £3,117,366 | £3,612,754 | £3,819,465 | £4,045,615 | £4,341,759 | £6,796,311 | +56.5% | |
| Directors' remuneration | £193,135 | £185,351 | £250,124 | £250,880 | £299,565 | £345,000 | +15.2% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 2.4% | 3.4% | 4.5% | 4.6% | 3.4% | 3.0% | |
| Net margin | 1.8% | 2.5% | 3.4% | 3.4% | 2.4% | 1.6% | |
| Return on capital employed | 12.1% | 16.7% | 20.9% | 20.0% | 9.7% | 13.1% | |
| Current ratio | — | — | — | 1.90x | 1.68x | 1.81x | |
| Interest cover | 16.91x | 16.04x | 23.10x | 26.72x | 14.26x | 4.25x |
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
- Consolidated group
- Auditor
- Bishop Fleming Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of their assessment of the company's financial position and of the enquiries made of the group undertakings, the company's directors have a reasonable expectation that the company will be able to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- ANTI-FRICTION COMPONENTS LIMITED · parent
- Scots Bearings Ltd 100%
Significant events
- “The 2024 figures include one month of Scots Bearings Limited trading following the acquisition during the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PRICE, William John | Secretary | 1997-01-22 | — | British |
| BANDELLI, Alessandro Michele, Dr | Director | 2023-05-30 | Dec 1978 | Italian |
| BIANCHI, Alberto Maria | Director | 2011-05-20 | Apr 1955 | Italian |
| CAVALLO, Ivano | Director | 2018-05-15 | Feb 1969 | Italian |
| DE CHIARA, Danilo, Dr | Director | 2023-05-30 | Sep 1969 | Italian |
| FLEMING, Andrew James | Director | 2018-05-15 | Aug 1974 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BATT, Amanda Jayne | Secretary | — | 1993-02-27 |
| DAVISON, Mark Joseph | Secretary | 1993-02-28 | 1993-10-25 |
| SLABBERT, Peter Charles | Secretary | — | 1996-07-31 |
| BALMER, Richard Sean Cameron | Director | 2000-09-27 | 2009-08-09 |
| BANDELLI, Alessandro Michele | Director | 2013-03-04 | 2016-11-30 |
| BANDELLI, Marino Giuseppe, Dr | Director | 2011-05-20 | 2023-05-30 |
| BATT, Alan James | Director | — | 1999-07-31 |
| BATT, Anthony John | Director | — | 2011-07-07 |
| CUGNASCHI, Roberto | Director | 2011-05-20 | 2011-06-29 |
| DAVIES, Neil Wayne | Director | 2000-09-27 | 2011-07-06 |
| DAVIS, Robert William | Director | 2003-02-01 | 2017-09-30 |
| DAVISON, Mark Joseph | Director | 1992-11-30 | 1993-10-25 |
| FAUDA, Alberto | Director | 2017-05-12 | 2023-05-29 |
| FAUDA, Alberto | Director | 2011-05-20 | 2011-06-29 |
| FERRARI, Tito Giuseppe | Director | 2011-06-29 | 2016-11-30 |
| FLEMING, Andrew James | Director | 2007-06-01 | 2011-07-13 |
| HORN, Alan David | Director | 2013-06-25 | 2016-11-30 |
| JONES, Trevor John | Director | — | 2011-07-07 |
| MCANDREW, John Michael | Director | 2011-05-20 | 2012-06-21 |
| MORGAN, John | Director | 1992-09-30 | 1992-11-30 |
| RELF, Anthony Thomas | Director | — | 1996-02-16 |
| SLABBERT, Daniel Justin | Director | 2004-06-10 | 2011-05-20 |
| SLABBERT, Daniel Stephanus | Director | 1992-09-30 | 2011-05-20 |
| THOMAS, Christopher Rex | Director | — | 1995-09-03 |
| TOSI, Gabriele | Director | 2012-06-22 | 2013-03-04 |
| WILLIS, Roger | Director | — | 1998-02-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bianchi Industrial Spa | Corporate entity | Shares 50–75%, Voting 50–75% | 2024-06-20 | Active |
| Mondial Spa | Corporate entity | Shares 25–50%, Voting 75–100% | 2024-06-20 | Active |
| Simon Fiduciaria Spa | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2024-08-22 |
| Mr Rodolfo Pisoni Di Poggio Castellano | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Ceased 2024-08-08 |
| Mr Marino Bandelli | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2024-08-07 |
| Mr Alberto Maria Bianchi | Individual | Shares 50–75%, Voting 50–75%, Appoints directors, Significant influence | 2016-04-06 | Ceased 2024-08-07 |
| Mondial Spa | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2024-06-20 |
| Bianchi Industrial Spa | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors, Significant influence | 2016-04-06 | Ceased 2024-06-20 |
Filing timeline
Last 20 of 203 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-26 | AA | accounts | Accounts with accounts type group | |
| 2025-08-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-30 | AA | accounts | Accounts with accounts type group | |
| 2024-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-08-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-08-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-08-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-07-09 | AA | accounts | Accounts with accounts type full | |
| 2024-06-21 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-06-21 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-06-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-06-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-06-20 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-08-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-19 | AA | accounts | Accounts with accounts type full | |
| 2023-05-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-31 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-31 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-30 | TM01 | officers | Termination director company with name termination date |
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.