GARRETT MOTION UK LIMITED
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Cash
—
Latest balance sheet
Net assets
£3.8M
-11.4% vs 2023
Employees
106
-1.9% vs 2023
Profit before tax
£692K
-13.4% vs 2023
Net assets
2-year trend · vs Consumer Discretionary 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 | £10,725,000 | £11,112,000 | +3.6% | |
| Operating profit | £757,000 | £743,000 | -1.8% | |
| Profit before tax | £799,000 | £692,000 | -13.4% | |
| Net profit | £903,000 | £515,000 | -43% | |
| Cash | — | — | — | |
| Total assets less current liabilities | £6,686,000 | £5,985,000 | -10.5% | |
| Net assets | £4,258,000 | £3,773,000 | -11.4% | |
| Equity | £4,258,000 | £3,773,000 | -11.4% | |
| Average employees | 108 | 106 | -1.9% | |
| Wages | £5,560,000 | £5,243,000 | -5.7% | |
| Directors' remuneration | £159,000 | £524,000 | +229.6% |
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 | 7.1% | 6.7% | |
| Net margin | 8.4% | 4.6% | |
| Return on capital employed | 11.3% | 12.4% | |
| Current ratio | 1.34x | 1.68x | |
| Interest cover | 7.72x | 1.84x |
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 3 times since incorporation
- GARRETT MOTION UK LIMITED 2019-05-01 → present
- MESL MICROWAVE LIMITED 2007-08-23 → 2019-05-01
- THALES MESL LIMITED 2000-12-20 → 2007-08-23
- RACAL-MESL LIMITED 1981-02-27 → 2000-12-20
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements of the Company have been prepared assuming that the Company will continue as a going concern and realise its assets and satisfy its liabilities in the normal course of business in the 12 months from the date of signing of these financial statements. Garrett Motion SARL has confirmed financial support, and Directors consider going concern appropriate.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 39 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOWARD, Lindsay James | Director | 2024-03-15 | Feb 1974 | British |
| NORTON, Mark | Director | 2020-05-21 | Mar 1967 | British |
Show 39 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BELCHER, John Victor | Secretary | 2000-06-16 | 2000-11-30 |
| CALHOUN, Gary Thomas | Secretary | 2014-12-31 | 2016-02-04 |
| HEPBURN, Sharon Amanda | Secretary | 2011-06-09 | 2014-12-31 |
| LATTO, Brian James Kinnear | Secretary | 2007-08-20 | 2011-06-09 |
| SEABROOK, Michael William Peter | Secretary | 2000-11-30 | 2007-08-20 |
| WHITTAKER, David | Secretary | — | 2000-06-16 |
| ARTHUR, John Willins | Director | 1990-09-05 | 2003-06-30 |
| BAILEY, Simon Jonathan | Director | 2007-01-22 | 2007-08-20 |
| BANKS, Khalisha Tashae | Director | 2022-08-03 | 2023-07-17 |
| BAUD, Christian Rene Francois | Director | 2002-10-01 | 2007-01-22 |
| CALHOUN, Gary Thomas | Director | 2014-12-31 | 2016-02-04 |
| CLARKE, Barton James | Director | 1996-08-15 | 2000-05-31 |
| CLARKE, Barton James | Director | — | 1995-07-28 |
| CRUICKSHANK, David Bowie | Director | — | 1994-10-21 |
| D'CRUZE, Christopher | Director | 2014-12-31 | 2016-02-08 |
| ELSBURY, David Clark | Director | 1995-07-28 | 1996-08-15 |
| FERGUSON, Robert Mayes | Director | — | 1993-04-30 |
| FRASER, Grant William | Director | 2016-02-08 | 2016-10-07 |
| HEPBURN, Sharon Amanda | Director | 2011-06-09 | 2014-12-31 |
| HUGGAN, Michael | Director | 2007-08-20 | 2014-12-31 |
| HUTCHINGS, Anthony Richard Vaughan | Director | 2016-02-08 | 2018-09-28 |
| JAMES, Russell | Director | 2018-09-27 | 2024-03-15 |
| JONES, John | Director | 2018-09-27 | 2020-05-18 |
| LATTO, Brian James Kinnear | Director | — | 2011-06-09 |
| LITTLE, John Cain | Director | 2017-05-15 | 2018-09-28 |
| LITTLE, John Cain | Director | 2007-08-24 | 2014-12-31 |
| MCBRIDE, Lars | Director | 2007-08-20 | 2014-12-31 |
| MCCORMACK, Stuart Robert | Director | 2016-02-08 | 2017-04-28 |
| MCSWAN, Malcolm | Director | — | 1997-12-31 |
| MOON, Richard James | Director | 2000-05-31 | 2001-09-21 |
| NISBET, William Terence, Dr | Director | 1995-01-01 | 2002-10-01 |
| PATTERSON, Edmund William | Director | 1990-09-05 | 1998-07-31 |
| SMITH, Anthony | Director | 2008-05-15 | 2014-12-31 |
| SPURRETT, Robert Paul | Director | 2014-12-31 | 2016-02-05 |
| STUART, John Ronaldson | Director | 2014-12-31 | 2016-02-04 |
| TATE, Christopher Nigel | Director | 2007-08-24 | 2013-02-01 |
| VAN HIMBEECK, Koenraad | Director | 2018-09-27 | 2022-08-03 |
| WALLIS, Sarah Ransome | Director | 2017-04-28 | 2018-09-28 |
| WATHERSTON, Mark Steven | Director | 2007-08-24 | 2014-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Garrett Ts Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-12-14 | Active |
| Garrett Motion Uk D Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2022-12-14 |
Filing timeline
Last 20 of 240 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-05 | CH01 | officers | Change person director company with change date | |
| 2025-10-21 | AA | accounts | Accounts with accounts type full | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | CH01 | officers | Change person director company with change date | |
| 2024-10-03 | AA | accounts | Accounts with accounts type full | |
| 2024-03-27 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-26 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-21 | AA | accounts | Accounts with accounts type full | |
| 2023-11-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-21 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-11-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-07-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-06 | CH01 | officers | Change person director company with change date | |
| 2023-03-03 | AA | accounts | Accounts with accounts type full | |
| 2023-03-03 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-02-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2022-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-18 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-18 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.