ABB LIMITED
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Cash
£1M
+112.1% vs 2024
Net assets
£146M
-4.1% vs 2024
Employees
1,404
+0.4% vs 2024
Profit before tax
£50M
+24.6% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £459,853,000 | £449,580,000 | -2.2% | |
| Operating profit | £11,137,000 | £18,865,000 | +69.4% | |
| Profit before tax | £40,478,000 | £50,432,000 | +24.6% | |
| Net profit | £33,800,000 | £42,739,000 | +26.4% | |
| Cash | £512,000 | £1,086,000 | +112.1% | |
| Total assets less current liabilities | £153,450,000 | £160,413,000 | +4.5% | |
| Net assets | £151,680,000 | £145,516,000 | -4.1% | |
| Equity | £151,680,000 | £145,516,000 | -4.1% | |
| Average employees | 1,399 | 1,404 | +0.4% | |
| Wages | £94,524,000 | £98,562,000 | +4.3% | |
| Directors' remuneration | £821,000 | £814,000 | -0.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 2.4% | 4.2% | |
| Net margin | 7.4% | 9.5% | |
| Return on capital employed | 7.3% | 11.8% | |
| Gearing (liabilities / total assets) | 53.7% | 56.2% | |
| Current ratio | 1.10x | 1.11x | |
| Interest cover | 2.13x | 1.40x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- ABB LIMITED 1999-06-09 → present
- BACKCLOTH LIMITED 1999-06-01 → 1999-06-09
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”
Group structure
- ABB LIMITED · parent
- ABB Cable Management Products Limited 100%
- ABB Power T&D Limited 100%
- ABB Installation Products Limited 100%
- Cylon Controls (UK) Limited 100%
- ABB Limited 100%
- WJ Furse and Co Limited 100%
Significant events
- “During the year, Group announced plans to sell its Robotics business to Softbank Group. The transaction is subject to regulatory approvals and further customary closing conditions and is expected to close in mid-to-late 2026. In preparation for this transaction we carved out our robotics business into a new legal entity, ABB Robotics UK Limited, an entity wholly owned by ABB Robotics Switzerland Ltd, on 1 November 2025.”
- “In July 2025, the Trustees of the ABB Plan completed a deal to secure all pension liabilities, by way of a bulk annuity buy-in with Aviva. This means all the scheme's liabilities are insured via a buy-in policy.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MAC LEAN, Victoria Ann | Secretary | 2014-03-01 | — | British |
| MAC LEAN, Victoria Ann | Director | 2019-12-02 | Jan 1983 | British |
| MOUSSA, Malgorzata Elzbieta | Director | 2019-12-02 | Sep 1974 | Polish |
| PRENDERGAST, Craig | Director | 2025-10-23 | Dec 1977 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALDOUS, Peter Lawrence | Secretary | 1999-06-02 | 2002-02-04 |
| BENN, David | Secretary | 2002-02-04 | 2014-03-01 |
| DWYER, Daniel John | Nominee Secretary | 1999-06-01 | 1999-06-02 |
| ALDOUS, Peter Lawrence | Director | 2001-01-05 | 2002-04-05 |
| ANDERSSON, Lena Maria | Director | 2014-12-08 | 2019-12-02 |
| BEALE, Pauline Agnes | Director | 1999-06-02 | 2000-02-18 |
| COTTON, Daniel | Director | 2023-10-20 | 2025-10-23 |
| DICKENS, Michael Robert | Director | 2002-05-03 | 2003-06-30 |
| DOYLE, Betty June | Nominee Director | 1999-06-01 | 1999-06-02 |
| DREWERY, Eric | Director | 1999-06-02 | 2002-09-30 |
| DWYER, Daniel John | Nominee Director | 1999-06-01 | 1999-06-02 |
| ERICSSON, Tomas | Director | 1999-08-06 | 1999-08-12 |
| FUNNELL, Ian Grant | Director | 2015-02-13 | 2019-12-02 |
| GARDNER, Stephen John | Director | 1999-06-02 | 1999-08-31 |
| GREGORY, Trevor John | Director | 2002-01-02 | 2016-12-31 |
| HUGHES, David John | Director | 2019-12-02 | 2022-12-16 |
| HUGHES, David Alun | Director | 1999-08-31 | 2001-01-05 |
| MCLAUGHLIN, William | Director | 2003-10-15 | 2014-04-01 |
| MUMFORD, David Brian | Director | 2001-05-15 | 2003-10-15 |
| PRENDERGAST, Craig | Director | 2022-12-16 | 2023-10-20 |
| RENNIE, Ian Donald | Director | 2003-07-07 | 2019-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Abb Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 165 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-24 | AA | accounts | Accounts with accounts type full | |
| 2025-10-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-06 | CH01 | officers | Change person director company with change date | |
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-22 | AA | accounts | Accounts with accounts type full | |
| 2024-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-19 | AA | accounts | Accounts with accounts type full | |
| 2023-10-27 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-26 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-28 | CH01 | officers | Change person director company with change date | |
| 2023-07-15 | AA | accounts | Accounts with accounts type full | |
| 2023-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-19 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-10 | AA | accounts | Accounts with accounts type full | |
| 2022-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-06 | AA | accounts | Accounts with accounts type full | |
| 2021-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-08 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.