{"name":"FRICTION TECHNOLOGY LIMITED","company_number":"04903830","status":"Active","type":"Private Limited Company","incorporated":"2003-09-18","dissolved":null,"registered_office":"Unit 11, Bingswood Ind. Est, Whaley Bridge, High Peak, SK23 7LY","postcode":"SK23 7LY","sic_codes":[{"code":25620,"description":"Machining"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 October","last_made_up_to":"2025-10-31","next_due":"2027-07-31"},"employees":{"count":14,"accounts_date":"2025-10-31"},"financials":[{"financial_date":"2025-10-31","net_assets":888892,"cash":248364,"average_employees":14},{"financial_date":"2024-09-30","net_assets":837532,"cash":573594,"average_employees":14},{"financial_date":"2023-09-30","net_assets":593408,"cash":285704},{"financial_date":"2022-09-30","net_assets":477938,"cash":182710},{"financial_date":"2021-09-30","net_assets":357782,"cash":131305}],"officers":{"current":3,"resigned":6,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[{"date":"2026-08-11","kind":"other"}],"insolvency_outcome":null,"ai_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.","website":"http://www.frictiontechnology.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/friction-technology","people":"https://www.companiesintheuk.co.uk/company/friction-technology/people","filing_history":"https://www.companiesintheuk.co.uk/company/friction-technology/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04903830","financials":"https://www.companiesintheuk.co.uk/company/friction-technology/financial","gazette":"https://www.companiesintheuk.co.uk/company/friction-technology/gazette","control":"https://www.companiesintheuk.co.uk/company/friction-technology/control","charges":"https://www.companiesintheuk.co.uk/company/friction-technology/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/friction-technology/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/friction-technology"}