VESUVIUS UK LIMITED

1. VESUVIUS UK LIMITED 2002-07-29 → present
2. VESUVIUS-PREMIER REFRACTORIES LIMITED 2000-10-19 → 2002-07-29
3. PREMIER REFRACTORIES LIMITED 1998-03-24 → 2000-10-19
4. REFRACO (UK) LIMITED 1997-05-13 → 1998-03-24
5. HEPWORTH REFRACTORIES (HOLDINGS) LIMITED 1989-11-01 → 1997-05-13
6. HEPWORTH REFRACTORIES LIMITED 1989-01-01 → 1989-11-01
7. GR-STEIN REFRACTORIES LIMITED 1897-11-05 → 1989-01-01

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered current and forecast liquidity and have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of at least 12 months from the date of this report and the foreseeable future.”

Group structure

1. VESUVIUS UK LIMITED · parent
   1. Vesuvius Refractory India Private Limited 100% · India
   2. Vesuvius Ras Al Khaimah FZ-LLC · United Arab Emirates

Significant events

• “Tata Steel, a major customer, closing both its blast furnaces at its plant at Port Talbot, South Wales, during the year, expected to be replaced with an electric arc furnace with an expected start date of early 2028.”
• “The Company also sold its list of customers in Sweden and Finland to another Group company effective 6 November 2024.”
• “On 4 June 2024, the Company announced its intention, subject to consultation, to withdraw from manufacturing at its Tamworth facility. This was completed in March 2025.”
• “The Company completed the exit from its head office and research and development facility in January 2025.”
• “The reduction in profitability is largely attributable to exceptional items of £4.7m (2023: £nil).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -9.5%

  £133,303,000 → £120,615,000

• Cash

  -61.3%

  £2,617,000 → £1,012,000

• Net assets

  +10.2%

  £90,282,000 → £99,522,000

• Employees

  -13.1%

  130 → 113

• Operating profit

  -33.5%

  £10,176,000 → £6,765,000

• Profit before tax

  -17.9%

  £13,021,000 → £10,684,000

• Wages

  +2.8%

  £11,833,000 → £12,162,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers