NIDEC SR DRIVES LTD.

Active
Company number 01517273Private limited companyIncorporated 1980

Key figures

£4,531,090+2.2%
Net assets 2024/25
-3.9%
Average annual change 2019/20–2024/25
02 m4 m6 m8 m2019/202020/212021/222022/232023/242024/25

NIDEC SR DRIVES LTD. does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.

Ratios

2024/25

Sector comparison

SIC 74909

Where the company stands among the 58,503 active companies whose first SIC code is 74909 (Other professional, scientific and technical activities n.e.c.).

Net assets£4,531,090
Higher than 98% · median £12,925
Total assets£4,788,393
Higher than 96% · median £41,823
Cash£2,758,384
Higher than 97% · median £26,310
Employees0
Lower than 75% · median 1
Company age46.2 years
Older than 99% · median 9.4 years
Largest in this sector by net assets
  1. KINTAIL TRUSTEES LIMITED£1.1bn
  2. VERTIV COMPANY GROUP LIMITED£853.3m
  3. NUCLEUS FINANCIAL PLATFORMS LIMITED£665.1m
  4. CHIVAS BROTHERS INTERNATIONAL LIMITED£645m
  5. JANE'S GROUP UK LIMITED£566.4m
  6. LEARNING TECHNOLOGIES GROUP LIMITED£477.9m
  7. ALMAC CLINICAL SERVICES LIMITED£477m
  8. TOWERS WATSON LIMITED£444.5m
  9. MAGI CAPITAL CREDIT LTD£399.9m
  10. NCC GROUP PLC£332.6m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 58,503. The line on each bar marks the median.

Summary: NIDEC SR DRIVES LTD.

What kind of company is it?

NIDEC SR DRIVES LTD. is a private limited company registered with Companies House under company number 01517273. It was incorporated on 12 Sep 1980. Its status is active. The registered office is in Harrogate (HG2). Its nature of business (SIC 2007) is other professional, scientific and technical activities n.e.c. (74909).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files full accounts. Profit for the year was £95,463. Net assets were £4,531,090, up 2.2% on the previous year. Cash at bank and in hand was £2,758,384. Total assets were £4,788,393 and total liabilities £368,343. The company had an average of 0 employees. Figures are available for 6 financial years (2019/20–2024/25).

How does it compare with similar companies?

Compared with 58,503 active companies whose first SIC code is 74909: By net assets it ranks higher than 98% of them (median £12,925). By total assets it ranks higher than 96% of them (median £41,823). By cash it ranks higher than 97% of them (median £26,310). By number of employees it ranks lower than 75% of them (median 1). It is older than 99% of them (median age 9.4 years).

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly electrical equipment, optical, medical and measuring instruments. HMRC lists it as an exporter of goods, mainly electrical equipment, machinery.

Who runs and controls the company?

The company has 4 current directors. One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 21 Oct 2027.

Dividends

from the accounts
2023/24

Dividends paid in the financial year: £2,369,646.

Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Turnover4,381,4951,963,435———
Profit for the year489,181475,813273,67246,14095,463
Cash at bank and in hand4,355,9354,639,8285,464,8172,827,3322,758,384
Total assets6,141,8646,606,2276,978,3994,839,6454,788,393
Total liabilities571,876411,264417,609542,530368,343
Net assets / total equity6,009,6486,485,4616,759,1334,435,6274,531,090
Average number of employees181517160
Average pay (per year)60,32761,00963,71369,039—
Dividends paid———2,369,646—

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2025

The principal activity of the company continued to be that of consultancy, design and development of electrical equipment, particularly in the field of electrical variable speed drives. To date, all engineering activities have been directed towards design and development of new technology and associated engineering for client organisations. No manufacturing has been undertaken on the company's own account.

As described in the company's latest filed accounts.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 8 of the last 12 months on record, most recently August 2026. Main goods: electrical equipment and optical, medical and measuring instruments.

Listed by HMRC as an exporter of goods in 7 of the last 12 months on record, most recently June 2026. Main goods: electrical equipment and machinery.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

72 events
  1. Miles Andrew ACKERMAN appointedDirector
  2. Guillaume Michel Dominique Yves LEGRAS appointedDirector
  3. Anthony Paul PICKERING appointedDirector
  4. Phillip George DICKINSON resignedDirector
  5. Financial year 2024/25 endedAccounts: net assets £4.5m, 0 employees
  6. Financial year 2023/24 endedAccounts: net assets £4.4m, 16 employees
  7. Financial year 2022/23 endedAccounts: net assets £6.8m, 17 employees
  8. Rony MAYOLLE appointedSecretary
Earlier events (64)
  1. Phillip George DICKINSON appointedDirector
  2. Rachel Ann PIMM-JONES resignedSecretary
  3. Rachel Ann PIMM-JONES resignedDirector
  4. Sidney John AMBORT resignedDirector
  5. Brian Anthony WEUBBELS resignedDirector
  6. Financial year 2021/22 endedAccounts: turnover £2m, net assets £6.5m, 15 employees
  7. Paul Andrew RAWLINS resignedSecretary
  8. Paul Andrew RAWLINS resignedDirector
  9. Rachel Ann PIMM-JONES appointedSecretary
  10. Rachel Ann PIMM-JONES appointedDirector
  11. Financial year 2020/21 endedAccounts: turnover £4.4m, net assets £6m, 18 employees
  12. Stephen Paul CUMMINS resignedDirector
  13. Financial year 2019/20 endedAccounts: turnover £8m, net assets £5.5m, 19 employees
  14. Geoffrey Thomas BROWN resignedDirector
  15. Michael James TURNER resignedDirector
  16. Darryl WEINRICH resignedDirector
  17. Greg LEVINE resignedDirector
  18. Sidney John AMBORT appointedDirector
  19. Brian Anthony WEUBBELS appointedDirector
  20. William HITTIE resignedDirector
  21. Malcolm Ian WALL resignedSecretary
  22. Roy John BLAKE resignedDirector
  23. Paul Andrew RAWLINS appointedSecretary
  24. Stephen Paul CUMMINS appointedDirector
  25. Paul Andrew RAWLINS appointedDirector
  26. Malcolm Ian WALL resignedDirector
  27. Robert Joseph ELLIOTT resignedDirector
  28. Richard Alan HEPPE resignedDirector
  29. William HITTIE appointedDirector
  30. Darryl WEINRICH appointedDirector
  31. Nidec Motor Holdings Corporation registered as a person with significant control
  32. Michael Paul TANKARD appointedDirector
  33. Greg LEVINE appointedDirector
  34. Pradeep Kumar SOOD resignedDirector
  35. David Mark SUGDEN resignedDirector
  36. Name changed to NIDEC SR DRIVES LTD.Previously SWITCHED RELUCTANCE DRIVES LIMITED
  37. Calvin Theodore PEACHEE resignedDirector
  38. Robert Joseph ELLIOTT appointedDirector
  39. Pradeep Kumar SOOD appointedDirector
  40. Malcolm Ian WALL appointedDirector
  41. Geoffrey Bryan Walter HAINES resignedDirector
  42. Gerald LIDSTER resignedSecretary
  43. Malcolm Ian WALL appointedSecretary
  44. Michael Leo MCCLELLAND resignedDirector
  45. Geoffrey Thomas BROWN appointedDirector
  46. David Mark SUGDEN appointedDirector
  47. Michael James TURNER appointedDirector
  48. David Olof GIFFORD resignedDirector
  49. William Joseph Robert SCHNYDER resignedDirector
  50. Richard Alan HEPPE appointedDirector
  51. Calvin Theodore PEACHEE appointedDirector
  52. Michael Leo MCCLELLAND appointedDirector
  53. Peter John LAWRENSON resignedDirector
  54. Olivier Henri DELAGE resignedDirector
  55. George William BUCKLEY resignedDirector
  56. John Michael STEPHENSON resignedDirector
  57. George William BUCKLEY appointedDirector
  58. Olivier Henri DELAGE appointedDirector
  59. David Olof GIFFORD appointedDirector
  60. William Joseph Robert SCHNYDER appointedDirector
  61. William Frederick RAY resignedSecretary
  62. Ian Robertson ELLIOT resignedDirector
  63. Gerald LIDSTER appointedSecretary
  64. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.