{"name":"NIDEC SR DRIVES LTD.","company_number":"01517273","status":"Active","type":"Private Limited Company","incorporated":"1980-09-12","dissolved":null,"registered_office":"Unit I-4b, Hornbeam Park Oval, Harrogate, England, HG2 8RB","postcode":"HG2 8RB","sic_codes":[{"code":74909,"description":"Other professional, scientific and technical activities not elsewhere classified"}],"principal_activity":"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.","previous_names":[{"name":"SWITCHED RELUCTANCE DRIVES LIMITED","changed_on":"2011-02-08"}],"warnings":[],"accounts":{"category":"Full","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":16,"accounts_date":"2025-03-31"},"financials":[{"financial_date":"2025-03-31","profit_loss":95463,"net_assets":4531090,"cash":2758384,"average_employees":16},{"financial_date":"2024-03-31","profit_loss":46140,"net_assets":4435627,"cash":2827332,"average_employees":16},{"financial_date":"2023-03-31","net_assets":6759133,"cash":5464817},{"financial_date":"2022-03-31","net_assets":6485461,"cash":4639828},{"financial_date":"2021-03-31","turnover":4381495,"net_assets":6009648,"cash":4355935}],"officers":{"current":6,"resigned":31,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Nidec SR Drives Ltd is a financially robust, debt-free R&D consultancy with an exceptionally strong balance sheet — £2.76M in cash against just £381k of total liabilities — and doubling profits in FY2025. Its health carries one structural caveat: 100% of income derives from its parent, Nidec Motor Holdings Corporation, which extracted roughly £2.37M in cash during FY2024 and could do so again. The overall assessment is A-: very healthy today, but its long-term prognosis is written in Tokyo and St. Louis as much as in Harrogate.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/nidec-sr-drives","people":"https://www.companiesintheuk.co.uk/company/nidec-sr-drives/people","filing_history":"https://www.companiesintheuk.co.uk/company/nidec-sr-drives/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/01517273","financials":"https://www.companiesintheuk.co.uk/company/nidec-sr-drives/financial","control":"https://www.companiesintheuk.co.uk/company/nidec-sr-drives/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/nidec-sr-drives/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/nidec-sr-drives"}