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Companies/00759517

Everllence UK Limited

Manufacture of engines and turbines, except aircraft, vehicle and cycle engines · Stockport

ActiveUnited KingdomIncorporated 1963Private Limited Company
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Financial position

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

Net assets
£60,158,000
Cash
£34,760,000
Turnover
—
Profit / loss
£13,081,000
Current assets
£67,138,000
Creditors < 1 year
£8,655,000
Equity
£60,158,000
Average employees
175

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 figures2025-12-31Company · AI-read2024-12-31Company · AI-read
Balance sheet
Net assets£60,158,000£48,106,000
Equity£60,158,000£48,106,000
Share capital£11,412,000£11,412,000
Retained earnings£48,746,000£36,694,000
Assets
Fixed assets£7,172,000£8,214,000
Property, plant & equipment£1,877,000£2,059,000
Investments£2,000£2,000
Current assets£67,138,000£53,767,000
Cash at bank£34,760,000£20,440,000
Debtors£10,490,000£10,910,000
Stock£21,582,000£22,166,000
Liabilities
Creditors£14,152,000£13,875,000
Creditors within one year£8,655,000£8,261,000
Creditors after one year£5,497,000£5,614,000
Pension scheme surplus / deficit−£2,492,000−£1,997,000
Capital commitments£1,322,000,000£347,000,000
Profit & loss
Interest receivable£4,464,000£4,858,000
Interest payable£4,276,000£4,483,000
Profit / loss£13,081,000£9,800,000
Operating costs
Depreciation£390,000£403,000
Operating lease charges£32,000£45,000
Audit fees£52,000£48,000
Cash flow
Cash from operations£9,272,000£2,238,000
Capital expenditure£481,000£408,000
People & pay
Average employees175164
Staff costs£13,597,000£12,207,000
Wages & salaries£10,897,000£10,010,000
Social security costs£1,429,000£1,100,000
Pension costs£1,271,000£1,097,000
Directors' remuneration£340,000£190,000
Highest paid director£340,000,000£104,000,000
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.

Audit opinion
Clean (unmodified)
Immediate parent
Everllence SE
Ultimate parent
Volkswagen AG
Ultimate controlling party
Volkswagen AG
Accounts
IFRS
Approved
2026-09-14, signed by Mr. R Hagelskaer Lauridsen
Related parties (14)
  • Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Sale of goods and services · 1,274 (000s)
  • Fellow subsidiaries · Fellow subsidiaries of Everllence SE and Volkswagen AG · Sale of goods and services · 19,546 (000s)
  • Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Purchase of goods and services · 4,287 (000s)
  • Fellow subsidiaries · Fellow subsidiaries of Everllence SE and Volkswagen AG · Purchase of goods and services · 8,293 (000s)
  • Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Commission income · 693 (000s)
  • Fellow subsidiaries · Fellow subsidiaries of Everllence SE and Volkswagen AG · Commission income · 1,352 (000s)
  • Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Intercompany recharges · 337 (000s)
  • Fellow subsidiaries · Fellow subsidiaries of Everllence SE and Volkswagen AG · Intercompany recharges · 954 (000s)
  • Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Intercompany expenses · (348) (000s)
  • Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Interest income · 856 (000s)
  • Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Receivables due from parent companies · 791 (000s)
  • Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Payables due to parent companies · (346) (000s)
  • Fellow subsidiaries · Fellow subsidiaries of Everllence SE and Volkswagen AG · Receivables due from fellow subsidiaries · 3,069 (000s)
  • Fellow subsidiaries · Fellow subsidiaries of Everllence SE and Volkswagen AG · Payables due to fellow subsidiaries · (1,630) (000s)
Share classes (1)
  • 11,412,000 ordinary shares of £1 each
Events after the year end (1)
  • On 25 July 2026, Volkswagen Group announced that it had entered into an exclusive arrangement with Bain Capital, a financial investor, for the sale of a majority stake in Everllence SE. As part of this transaction, Bain Capital will acquire 51% of the shares in Everllence SE, while Volkswagen AG will remain a shareholder, retaining a 49% stake in Everllence SE.
Contingent liabilities (1)
  • The Company has guarantees in place with third parties. The contingent liability at the year-end was £600,000 (2024: £600,000).

Secured borrowing

Registered charges, lenders and security interests.

Charges and related records

0 outstanding charges
Show 1 satisfied / released
Property · created 2011-06-13 · satisfied 2015-01-27
All monies
Satisfied