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Companies/00416671

Bridon International Ltd.

Manufacture of wire products, chain and springs · Doncaster

ActiveUnited KingdomIncorporated 1946Private Limited Company
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Financial position

Accounts to 2025-12-31 · GBP · Company accounts

Net assets
£76,620,000
Cash
£2,152,000
Turnover
£78,798,000
Profit / loss
−£20,576,000
Current assets
£46,830,000
Creditors < 1 year
£54,805,000
Equity
£76,620,000
Average employees
464

Balance-sheet trend

GBP · company

Financial statements

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures2025-12-3112 months · Company · AI-read2024-12-31Company · AI-read
Balance sheet
Net assets£76,620,000£97,347,000
Equity£76,620,000£97,347,000
Share capital£102,920,000£102,920,000
Retained earnings−£227,876,000−£207,149,000
Assets
Fixed assets£97,875,000£111,927,000
Intangible assets£219,000£2,009,000
Property, plant & equipment£46,622,000£48,541,000
Investments£51,034,000£61,377,000
Current assets£46,830,000£63,534,000
Cash at bank£2,152,000£1,598,000
Debtors£22,466,000—
Stock£12,705,000£21,645,000
Liabilities
Creditors within one year£54,805,000£62,222,000
Creditors after one year£14,036,000£16,392,000
Provisions£1,182,000£2,524,000
Pension scheme surplus / deficit£1,938,000£2,217,000
Net current assets−£7,975,000£1,312,000
Assets less current liabilities£89,900,000£114,046,000
Profit & loss
Turnover£78,798,000£93,192,000
Cost of sales£70,752,000£83,925,000
Gross profit£8,046,000£9,267,000
Distribution costs£7,569,000£9,775,000
Administrative expenses£10,138,000£13,200,000
Other operating income£5,421,000£6,588,000
Operating profit−£4,240,000−£7,120,000
Interest receivable£339,000£4,755,000
Interest payable£2,693,000£2,571,000
Profit before tax−£24,912,000−£9,276,000
Tax−£4,336,000£1,028,000
Profit / loss−£20,576,000−£10,304,000
Operating costs
Depreciation£3,078,000£2,729,000
Amortisation£284,000£108,000
Operating lease charges£58,262£72,000
Audit fees£126,000£122,000
Research & development£384,000£635,000
People & pay
Average employees464506
Staff costs£22,809,000£27,029,000
Wages & salaries£17,737,000£22,137,000
Social security costs£2,127,000£2,310,000
Pension costs£998,000£1,829,000
Directors' remuneration£244,000£312,000
Highest paid director£128,000£173,000
Source evidenceView filing View filing

From the accounts

What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.

Principal activity
The principal activity of the company is that of the manufacture and distribution of wire, wire rope, fibre rope and associated products and services.
What it does
wire · wire rope · fibre rope · associated products · associated services · manufacture · distribution (AI keywords)
The year
Turnover for the year ended 31 December 2025 was £78,798k (2024: £93,192k), a decrease of £14,394k. The operating loss for the year ended 31 December 2025 was £4,240k (2024: £7,120k loss) however, the retained loss for the year was £20,576k (2024: £10,304k loss).
Outlook
With the delivery of previously delayed projects in the mining market, as well as predicted growth in the renewables market and a strong order book, the business is expecting to achieve revenue growth in the Steel division in 2026.
Auditor
Ernst & Young LLP · senior statutory auditor Eddie Diamond
Audit opinion
Clean (unmodified)
Immediate parent
Bridon Holdings Limited · England and Wales
Ultimate parent
NV Bekaert SA · Belgium
Ultimate controlling party
NV Bekaert SA
Accounts
FRS 101
Approved
2026-08-19, signed by B Geddes
Subsidiaries (4)
  • Flintstone Technology Limited · 76% · England and Wales · engineering solutions company
  • Bridon-American Corporation · 100% · USA
  • Bridon Scheme Trustees Limited · 100% · England and Wales
  • Bridon Middle East FZE · 100% · United Arab Emirates
Turnover by segment (11)
  • Sale of goods: 75,545 (000s) (2025-12-31)
  • Provision of services: 3,253 (000s) (2025-12-31)
  • UK: 13,346 (000s) (2025-12-31)
  • Europe: 28,097 (000s) (2025-12-31)
  • Rest of world: 37,355 (000s) (2025-12-31)
  • Sale of goods: 87,586 (000s) (2024-12-31)
  • Provision of services: 3,533 (000s) (2024-12-31)
  • Turnover related to contracts with customers: 2,073 (000s) (2024-12-31)
  • UK: 14,811 (000s) (2024-12-31)
  • Europe: 26,804 (000s) (2024-12-31)
  • Rest of world: 51,577 (000s) (2024-12-31)
Principal risks (3)
  • external market risk
  • credit risk
  • liquidity risk
Events after the year end (2)
  • On 2nd March 2026, the Company acquired the remaining 24% shareholding in Flintstone Technology Limited for a total consideration of £1,316,002.
  • Following a review of the operating structure and efficiency of the business, in May 2026 the Company proposed to cease manufacturing production at the Doncaster plant site. The Company and the remaining sites will continue to operate under the same business model, having identified alternative opportunities to achieve cost efficiencies. The Doncaster plant will continue to operate until early 2027 to ensure a smooth business transition.

Secured borrowing

Registered charges, lenders and security interests.

Charges and related records

1 outstanding charges
Fixed · created 2014-12-15
—
Outstanding
Show 7 satisfied / released
All Assets · created 2016-09-20 · satisfied 2018-10-25
—
Satisfied
Fixed · created 2015-02-09 · satisfied 2016-07-01
—
Satisfied
Fixed · created 2015-02-09 · satisfied 2016-07-01
—
Satisfied
All Assets · created 2015-02-09 · satisfied 2016-07-01
—
Satisfied
Unknown · created 1996-02-27 · satisfied 1999-06-01
All monies
Satisfied
Floating · created 1971-06-15 · satisfied 1999-09-10
DEBENTURE STOCK OF BRITISH ROPES LIMITED AMOUNTING TO £3,000,000
Satisfied
Floating · created 1968-11-25 · satisfied 2002-06-26
All monies
Satisfied