Bosworth Newco 1 Limited
Private Limited Company · Birmingham
ActiveUnited KingdomIncorporated 2025Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Group accounts
Net assets
£9,221,000
Cash
£6,508,000
Turnover
£52,952,000
Profit / loss
−£8,013,000
Current assets
£142,817,000
Creditors < 1 year
£7,300,000
Equity
£9,221,000
Average employees
532
Balance-sheet trend
GBP · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Group · AI-read | 2024-12-31Group · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £9,221,000 | −£83,443,000 |
| Equity | £9,221,000 | — |
| Share capital | £28,747,000 | — |
| Retained earnings | −£30,314,000 | −£22,268,000 |
| Assets | ||
| Fixed assets | £7,038,000 | £13,694,000 |
| Intangible assets | — | £1,834,000 |
| Property, plant & equipment | £7,038,000 | £11,860,000 |
| Current assets | £142,817,000 | £37,146,000 |
| Cash at bank | £6,508,000 | £12,421,000 |
| Debtors | — | £17,010,000 |
| Stock | £4,697,000 | £7,715,000 |
| Liabilities | ||
| Creditors within one year | £7,300,000 | £24,387,000 |
| Creditors after one year | £133,084,000 | £109,542,000 |
| Provisions | £250,000 | £354,000 |
| Net current assets | £135,517,000 | £12,759,000 |
| Assets less current liabilities | £142,555,000 | £26,453,000 |
| Profit & loss | ||
| Turnover | £52,952,000 | £63,798,000 |
| Cost of sales | £26,873,000 | £28,908,000 |
| Gross profit | £26,079,000 | £34,890,000 |
| Distribution costs | £2,158,000 | £1,928,000 |
| Administrative expenses | £21,218,000 | £21,346,000 |
| Operating profit | £2,703,000 | £11,616,000 |
| Interest receivable | £2,014,000 | £28,000 |
| Interest payable | £12,168,000 | £11,164,000 |
| Profit before tax | −£7,451,000 | £480,000 |
| Tax | £562,000 | £4,250,000 |
| Profit / loss | −£8,013,000 | −£3,770,000 |
| Operating costs | ||
| Audit fees | £79,000 | £60,000 |
| Cash flow | ||
| Cash from operations | −£1,601,000 | £7,142,000 |
| Capital expenditure | £2,204,000 | £3,899,000 |
| People & pay | ||
| Average employees | 532 | 527 |
| Staff costs | £16,928,000 | £18,767,000 |
| Wages & salaries | £14,216,000 | £16,150,000 |
| Social security costs | £1,926,000 | £1,780,000 |
| Pension costs | £786,000 | £837,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- S&W Audit
- Audit opinion
- Clean (unmodified)
- Ultimate controlling party
- Equistone Partners Europe Fund VI "B" SCSP
- Accounts
- FRS 102
- Approved
- 2026-08-28, signed by M Mahomed
Subsidiaries (19)
- Fusion Topco Limited · 100% · Holding company
- Fusion Finco Limited* · 100% · Holding company
- Fusion Midco Limited* · 100% · Holding company
- Fusion Bidco Limited · 100% · Holding company
- Nylacast Holdings Limited* · 100% · Holding company
- Nylacast Limited* · 100% · Head office services
- Nylacast (Trustees) Limited* · 100% · Holding company
- Nylacast Overseas Holdings Limited* · 100% · Holding company
- Nylacast GmbH* · 100% · Non-trading
- Nylacast Automotive Polska SP z.o.o.* · 100% · Manufacturing
- Nylacast Engineering Plastics (Changshu) Co. Ltd.* · 100% · Manufacturing
- Nylacast Engineered Products Limited* · 100% · Manufacturing
- Nylacast USA Inc.* · 100% · Holding company
- Nylacast LLC* · 100% · Distributor
- Nylacast SA (Proprietary) Limited* · 84% · Manufacturing
- Viva Nylons Limited* · 100% · Manufacturing
- Super Grip (UK) Limited* · 100% · Dormant
- MPC (Engineering) Limited* · 100% · Dormant
- Nylacast Korea Limited* · 100% · Manufacturing
Turnover by segment (8)
- Sale of goods: 52,952 (000s) (2025-12-31)
- Sale of goods: 63,798 (000s) (2024-12-31)
- United Kingdom: 10,445 (000s) (2025-12-31)
- Rest of Europe: 7,266 (000s) (2025-12-31)
- Rest of the world: 35,241 (000s) (2025-12-31)
- United Kingdom: 11,599 (000s) (2024-12-31)
- Rest of Europe: 11,507 (000s) (2024-12-31)
- Rest of the world: 40,692 (000s) (2024-12-31)
Related parties (5)
- Related parties under common ownership · Common ownership · Sale of goods transactions; year-end outstanding amount · £20k (2024 - £192k); £Nil (2024 - £Nil) (000s)
- Directors and key management personnel · Directors and key management personnel · Loan notes and accrued interest included within creditors · £9,346k loan notes (2024 - £9,346k); £9,662k accrued interest (2024 - £7,943k) (000s)
- Entities with control over the Group · Control over the Group · Loan notes and accrued interest included within creditors · £56,844k loan notes (2024 - £56,844k); £44,648k accrued interest (2024 - £35,412k) (000s)
- NEP Newco Limited · Related party within the Bosworth Newco 2 Limited group; owned by common shareholders · Loan notes and accrued interest income owed · £118,752k loan notes (2024 - £Nil); £1,979k accrued interest income (2024 - £Nil) (000s)
- Bosworth Newco 2 Limited · Related party under common ownership · Sale of investments in NEP Newco Limited and its subsidiaries
Borrowings (3)
- Term loans · £13.1m (m) · Principal amount of the Group's external borrowing for Loan A are payable quarterly until 30 June 2028; principal amount for Loan B falls due on 30 June 2028.
- Loan notes with related parties (including accrued interest) · £126.2m (m) · Interest rolls up into the amount owing. · Repayable in June 2028 or on an earlier sale of the business.
- Revolving credit facility · £2.0m (m)
Events after the year end (1)
- On 7 April 2026, the Company cancelled 57,312,297 of its class B2 Ordinary shares of £0.01 each, reducing their share capital by £573,123.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.