{"name":"HEIMBACH UK LIMITED","company_number":"00055771","status":"Active","type":"Private Limited Company","incorporated":"1898-01-24","dissolved":null,"registered_office":"Bradnor Road, Wythenshawe, Manchester, M22 4TS","postcode":"M22 4TS","sic_codes":[{"code":13960,"description":"Manufacture of other technical and industrial textiles"}],"principal_activity":"The principal activity of the company was the manufacture and sale of woven synthetic forming fabrics for paper machines. All sales are made to group companies.","previous_names":[{"name":"HEIMBACH UK (HOLDINGS) LIMITED","changed_on":"2002-01-23"},{"name":"HEIMBACH UK LIMITED","changed_on":"2000-02-14"},{"name":"C H JOHNSON LIMITED","changed_on":"1999-09-24"},{"name":"C.H. JOHNSON & SONS LIMITED","changed_on":"1990-03-14"}],"warnings":[],"accounts":{"category":"Full","year_end":"31 May","last_made_up_to":"2024-12-31","next_due":"2027-02-28"},"employees":{"count":88,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","profit_loss":-1415072,"net_assets":6969474,"cash":1264206,"average_employees":88},{"financial_date":"2023-12-31","profit_loss":1231439,"net_assets":8408546,"cash":850538,"average_employees":92},{"financial_date":"2022-12-31","net_assets":7567107,"cash":1430235},{"financial_date":"2021-12-31","turnover":7655110,"net_assets":6564869,"cash":1750648},{"financial_date":"2020-12-31","turnover":7490590,"net_assets":4744736,"cash":2505033}],"officers":{"current":3,"resigned":29,"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":4,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Heimbach UK is undergoing an existential strategic transformation—from a 225-year heritage manufacturer to a regional sales and service office within the Albany International group—driven by unsustainable manufacturing economics and secular demand decline. The financial trajectory is alarming: profitability has fallen 92% year-on-year, with margins compressed to near-breakeven levels, while the undefined intercompany remuneration model for the post-2026 structure leaves the entity's future economic contribution uncertain. The critical imperative is securing a transfer pricing and remuneration framework that sustains the UK operation as a viable commercial hub, while managing asset write-downs and pension obligations through the transition.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/heimbach-uk","people":"https://www.companiesintheuk.co.uk/company/heimbach-uk/people","filing_history":"https://www.companiesintheuk.co.uk/company/heimbach-uk/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/00055771","financials":"https://www.companiesintheuk.co.uk/company/heimbach-uk/financial","control":"https://www.companiesintheuk.co.uk/company/heimbach-uk/control","charges":"https://www.companiesintheuk.co.uk/company/heimbach-uk/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/heimbach-uk/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/heimbach-uk"}