FRICTION TECHNOLOGY LIMITED
Company number 04903830 · Monitor this company
Executive summary
Friction Technology Limited demonstrates exceptional financial performance relative to its peers in the UK machining sector, with net assets growing over 400% in five years and a cash position that has transformed from £21,450 to £573,594 over the same period. The company's specialist positioning in friction technology, combined with the strategic advantages of its group structure under N Industries Group Limited, has enabled margin performance and cash generation that significantly exceeds typical sector benchmarks for a 14-employee precision engineering business. Whilst the sector faces headwinds from input cost inflation and skills shortages, the company's fortress balance sheet and continued capital investment position it well to capitalise on reshoring trends and growing demand in defence, aerospace, and energy end-markets.
Shareholders' funds
£888,892
Balance sheet as at 2025-10-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-09-18
- Employees
- 14 (2025 accounts)
- Registered office
- Unit 11, Bingswood Ind. Est, Whaley Bridge, High Peak, SK23 7LY
- Postcode
- SK23 7LY
- Capital
- 325 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2026-02-18
- Next due by
- 2027-03-04
Nature of business (SIC)
- 25620 Machining
Officers 3 current · 6 resigned
Group structure
Controlled by N INDUSTRIES GROUP LIMITED — since 2025-02-18
From persons-with-significant-control filings on the public register.
Contact details
Among its peers
Top 25%
by shareholders' funds, of 24 similar companies in SK
Trading since 2003.
Competitors Stockport
This company ranks 6 among machining in Stockport.
The class of 2003
41%
of the 243 companies in this sector incorporated in 2003 are still active today; 57% have since been dissolved.
A fact about the year, not a forecast for this company.