MICHELL BEARINGS LIMITED
ActiveKey figures
† MICHELL BEARINGS LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.
Like most small UK companies, MICHELL BEARINGS LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.
Ratios
2024/25Sector comparison
SIC 28150Where the company stands among the 245 active companies whose first SIC code is 28150 (Manufacture of bearings, gears, gearing and driving elements).
- SKF (U.K.) LIMITED£291.8m
- XTRAC LIMITED£113.3m
- SCHAEFFLER (UK) LIMITED£77.2m
- RICARDO UK LIMITED£73.2m
- JCB TRANSMISSIONS£70.2m
- NMB-MINEBEA UK LTD£52.8m
- DAVID BROWN SANTASALO UK LIMITED£43.7m
- IDEM SAFETY SWITCHES LIMITED£31.4m
- MICHELL BEARINGS LIMITED£23.3m
- RADICON TRANSMISSION UK LIMITED£22.9m
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 245. The line on each bar marks the median.
Summary: MICHELL BEARINGS LIMITED
What kind of company is it?
MICHELL BEARINGS LIMITED is a private limited company registered with Companies House under company number 09390648. It was incorporated on 15 Jan 2015. Its status is active. The registered office is in Newcastle upon tyne (NE6). Its nature of business (SIC 2007) is manufacture of bearings, gears, gearing and driving elements (28150).
How is the company doing financially?
The latest accounts in the database are for 2024/25 (period ending 31 Oct 2025); the company files audit-exempt subsidiary. Net assets were £23,258,901. Cash at bank and in hand was £655,685. Total assets were £31,868,351 and total liabilities £8,187,835. The company had an average of 31 employees.
How does it compare with similar companies?
Compared with 245 active companies whose first SIC code is 28150: By net assets it ranks higher than 93% of them (median £356,303). By total assets it ranks higher than 94% of them (median £607,454). By cash it ranks higher than 74% of them (median £178,839). By number of employees it ranks higher than 84% of them (median 3). Its age is around their median (11.8 years).
What do public registers and reports show?
HMRC lists it as an importer of goods, mainly iron and steel articles, machinery, other base metals. HMRC lists it as an exporter of goods, mainly machinery, iron and steel articles, aluminium. It has modern slavery statements on the government registry for 5 years.
Who runs and controls the company?
2 persons with significant control are registered. 2 of 3 registered charges are outstanding.
When are its next filings due?
The next accounts are due by 31 Jul 2027. The next confirmation statement is due by 8 Oct 2027.
Filed accounts2024/25
| 2024/25 † | |
|---|---|
| Cash at bank and in hand | 655,685 |
| Total assets | 31,868,351 |
| Total liabilities | 8,187,835 |
| Net assets / total equity | 23,258,901 |
| Average number of employees | 31 |
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.
Statutory reporting
- 2026
- Statement · summary on GOV.UK · group statement (BRITISH ENGINES HOLDINGS LIMITED)
- 2025
- Statement · summary on GOV.UK · group statement (BRITISH ENGINES HOLDINGS LIMITED)
- 2024
- Statement · summary on GOV.UK · group statement (BRITISH ENGINES LIMITED)
Earlier years (2)
- 2023
- Statement · summary on GOV.UK · group statement (BRITISH ENGINES LIMITED)
- 2022
- Statement · summary on GOV.UK · group statement (BRITISH ENGINES LIMITED)
Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.
Registers and licences
Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: iron and steel articles, machinery, other base metals, aluminium and optical, medical and measuring instruments.
Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery, iron and steel articles, aluminium, tools and cutlery and optical, medical and measuring instruments.
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
5 events- Financial year 2024/25 endedAccounts: net assets £23.3m, 31 employees
- British Engines (Uk) Limited registered as a person with significant control
- Malpani Holdings Llp registered as a person with significant control
- Name changed to MICHELL BEARINGS LIMITEDPreviously TIMEC 1487 LIMITED
- 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.