# CUTTING & WEAR RESISTANT DEVELOPMENTS LIMITED (00942427)

> CUTTING & WEAR RESISTANT DEVELOPMENTS LIMITED is an active private limited company (company number 00942427) incorporated on 15 November 1968, registered in Sheffield. Its registered activity is other manufacturing n.e.c. (SIC 32990). Latest medium accounts cover the period ending 30 September 2025, showing net assets of £7.08m and cash of £1.14m, with 72 employees on average. Turnover was £8.85m and profit for the year £63k. Net assets fell 2% on the prior period (£7.23m).

- Status: Active
- Incorporated: 1968-11-15
- Registered office: Sheffield, S35 1QP
- SIC 32990: Other manufacturing n.e.c.
- Next accounts due: 2027-06-30
- Confirmation statement due: 2026-11-29
- Accounts type: MEDIUM

By net assets it sits in the top quarter of 461 comparable companies in Sheffield (median £22k, upper quartile £252k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £7.08m | £1.14m | £1.78m | £1.45m | £8.85m | £63k | 72 |
| 2024-09-30 | £7.23m | £1.17m | £2.62m | £2.43m | £12.19m | £1.27m | 72 |
| 2023-09-30 | — | — | — | — | — | — | — |

current ratio 3.85; net margin 0.7%; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £7,077,448 at 30 September 2025
- Current assets at least 1.5× creditors within one year: Current ratio 3.85
- Cash at bank of £50,000 or more: Cash £1,138,670
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 15 November 1968

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mark Alexander Russell — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/00942427
HTML: https://firmoscan.com/company/00942427-cutting-wear-resistant-developments-limited