Everllence UK Limited
Manufacture of engines and turbines, except aircraft, vehicle and cycle engines · Stockport
ActiveUnited KingdomIncorporated 1963Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£60,158,000
Cash
£34,760,000
Turnover
—
Profit / loss
£13,081,000
Current assets
£67,138,000
Creditors < 1 year
£8,655,000
Equity
£60,158,000
Average employees
175
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £60,158,000 | £48,106,000 |
| Equity | £60,158,000 | £48,106,000 |
| Share capital | £11,412,000 | £11,412,000 |
| Retained earnings | £48,746,000 | £36,694,000 |
| Assets | ||
| Fixed assets | £7,172,000 | £8,214,000 |
| Property, plant & equipment | £1,877,000 | £2,059,000 |
| Investments | £2,000 | £2,000 |
| Current assets | £67,138,000 | £53,767,000 |
| Cash at bank | £34,760,000 | £20,440,000 |
| Debtors | £10,490,000 | £10,910,000 |
| Stock | £21,582,000 | £22,166,000 |
| Liabilities | ||
| Creditors | £14,152,000 | £13,875,000 |
| Creditors within one year | £8,655,000 | £8,261,000 |
| Creditors after one year | £5,497,000 | £5,614,000 |
| Pension scheme surplus / deficit | −£2,492,000 | −£1,997,000 |
| Capital commitments | £1,322,000,000 | £347,000,000 |
| Profit & loss | ||
| Interest receivable | £4,464,000 | £4,858,000 |
| Interest payable | £4,276,000 | £4,483,000 |
| Profit / loss | £13,081,000 | £9,800,000 |
| Operating costs | ||
| Depreciation | £390,000 | £403,000 |
| Operating lease charges | £32,000 | £45,000 |
| Audit fees | £52,000 | £48,000 |
| Cash flow | ||
| Cash from operations | £9,272,000 | £2,238,000 |
| Capital expenditure | £481,000 | £408,000 |
| People & pay | ||
| Average employees | 175 | 164 |
| Staff costs | £13,597,000 | £12,207,000 |
| Wages & salaries | £10,897,000 | £10,010,000 |
| Social security costs | £1,429,000 | £1,100,000 |
| Pension costs | £1,271,000 | £1,097,000 |
| Directors' remuneration | £340,000 | £190,000 |
| Highest paid director | £340,000,000 | £104,000,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Everllence SE
- Ultimate parent
- Volkswagen AG
- Ultimate controlling party
- Volkswagen AG
- Accounts
- IFRS
- Approved
- 2026-09-14, signed by Mr. R Hagelskaer Lauridsen
Related parties (14)
- Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Sale of goods and services · 1,274 (000s)
- Fellow subsidiaries · Fellow subsidiaries of Everllence SE and Volkswagen AG · Sale of goods and services · 19,546 (000s)
- Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Purchase of goods and services · 4,287 (000s)
- Fellow subsidiaries · Fellow subsidiaries of Everllence SE and Volkswagen AG · Purchase of goods and services · 8,293 (000s)
- Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Commission income · 693 (000s)
- Fellow subsidiaries · Fellow subsidiaries of Everllence SE and Volkswagen AG · Commission income · 1,352 (000s)
- Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Intercompany recharges · 337 (000s)
- Fellow subsidiaries · Fellow subsidiaries of Everllence SE and Volkswagen AG · Intercompany recharges · 954 (000s)
- Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Intercompany expenses · (348) (000s)
- Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Interest income · 856 (000s)
- Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Receivables due from parent companies · 791 (000s)
- Parent companies · Everllence SE and Volkswagen AG, its parent and ultimate parent undertakings respectively · Payables due to parent companies · (346) (000s)
- Fellow subsidiaries · Fellow subsidiaries of Everllence SE and Volkswagen AG · Receivables due from fellow subsidiaries · 3,069 (000s)
- Fellow subsidiaries · Fellow subsidiaries of Everllence SE and Volkswagen AG · Payables due to fellow subsidiaries · (1,630) (000s)
Share classes (1)
- 11,412,000 ordinary shares of £1 each
Events after the year end (1)
- On 25 July 2026, Volkswagen Group announced that it had entered into an exclusive arrangement with Bain Capital, a financial investor, for the sale of a majority stake in Everllence SE. As part of this transaction, Bain Capital will acquire 51% of the shares in Everllence SE, while Volkswagen AG will remain a shareholder, retaining a 49% stake in Everllence SE.
Contingent liabilities (1)
- The Company has guarantees in place with third parties. The contingent liability at the year-end was £600,000 (2024: £600,000).
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesShow 1 satisfied / released
Property · created 2011-06-13 · satisfied 2015-01-27
All monies
Satisfied