SANDVIK LIMITED
Get an alert when SANDVIK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-18 (in 10mo)
Last made up 2026-03-04
Watchouts
None on the register
Cash
£91M
+23.2% vs 2023
Net assets
£86M
-34% vs 2023
Employees
384
-16.5% vs 2023
Profit before tax
-£46M
-414.2% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £192,159,000 | £143,387,000 | |
| Operating profit | £12,732,000 | -£48,133,000 | |
| Profit before tax | £14,610,000 | -£45,903,000 | |
| Net profit | £12,724,000 | -£44,541,000 | |
| Cash | £73,549,000 | £90,645,000 | |
| Total assets less current liabilities | £137,366,000 | £91,538,000 | |
| Net assets | £130,949,000 | £86,408,000 | |
| Equity | £130,949,000 | £86,408,000 | |
| Average employees | 460 | 384 | |
| Wages | £17,690,000 | £18,948,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 6.6% | -33.6% | |
| Net margin | 6.6% | -31.1% | |
| Return on capital employed | 9.3% | -52.6% | |
| Gearing (liabilities / total assets) | 65.3% | 73.2% | |
| Current ratio | 0.68x | 0.67x | |
| Interest cover | 14.26x | -64.87x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have reasonable expectations that the Company has adequate resources to continue in operational existence for the foreseeable future, supported by the parent company providing sufficient financial support. Therefore the Company continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- SANDVIK LIMITED · parent
- Sandvik Ospreys Limited 100%
- Sandvik Mining and Construction Limited 100%
- Sandvik Services Limited 100%
- Extec Mobile Crushers & Screens Limited 100%
Significant events
- “The trade and assets of DSI Underground Limited, a fellow Sandvik UK Group company, transferred into Sandvik Limited on 1 February 2025.”
- “The sale of the Coventry site and closure of the Coventry plant was completed in February 2025.”
- “Profit for the year from discontinued operations was £2,021,000 (2023: £1,952,000).”
- “Net impairment losses of £45,569,000 were recognised for 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PATEL, Dipak | Secretary | 2015-04-28 | — | — |
| GOATER, Nicholas Paul | Director | 2024-03-01 | Jun 1970 | British |
| GOODWIN, Angela Carol | Director | 2025-07-11 | Jul 1981 | British |
| LOPEZ, Javier Guerra | Director | 2023-04-25 | Nov 1977 | Spanish |
| RONNIE, Alison Mary | Director | 2016-02-26 | Nov 1968 | British |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRABHAM, Stephen James, Mr. | Secretary | 1994-12-05 | 2015-04-28 |
| NEVILLE, Gordon Richard | Secretary | — | 1994-12-05 |
| AKERHIELM, Edvard Hans Ludvig, Director | Director | — | 1997-04-01 |
| BENGTSSON, John Ebbe | Director | — | 1992-09-28 |
| BJORKLUND, Anders Gunnar | Director | 1992-09-28 | 2000-12-04 |
| BONEHAM, Brian Stephen | Director | — | 1997-05-23 |
| BOULTON, Joseph Alan | Director | 2008-11-28 | 2016-05-02 |
| ERIKSSON, Per Olof | Director | — | 1994-04-27 |
| GRANAT, Carolina Yvonne | Director | 2018-01-02 | 2020-05-31 |
| HARBON, David Robert | Director | 2020-05-22 | 2024-03-01 |
| HARRIS, Richard | Director | 2018-01-02 | 2021-09-01 |
| HAWORTH, Nigel Paul | Director | 2001-12-05 | 2004-10-01 |
| LARSON, Carl Erik Peter | Director | 2003-12-31 | 2012-03-09 |
| LARSSON, Lars Hakan | Director | 2000-12-04 | 2001-12-05 |
| LAWSON, Scott James | Director | 2018-01-02 | 2022-09-26 |
| LEHNBOM, Peter Lars Gerhard, Mr. | Director | 2014-04-08 | 2016-05-02 |
| MALMGREN HEANDER, Marie Carina | Director | 2004-03-15 | 2007-12-03 |
| MCCULLOCK, Andrew John | Director | 2018-01-02 | 2022-05-31 |
| MONSTER-MIEDEMA, Catharina Petronella | Director | 2013-10-04 | 2014-04-08 |
| NORDBERG, Per Alf Gunnar | Director | 2007-12-03 | 2009-08-28 |
| PALIN, Philip Andrew | Director | 2018-01-02 | 2020-05-22 |
| PETTERSSON, Lars | Director | 1994-04-27 | 2003-12-31 |
| SALMEN, Lars Ola | Director | 2009-12-11 | 2013-10-04 |
| SETTERBERG, Roland | Director | 2001-12-05 | 2003-10-15 |
| SHAIL, David Richard | Director | — | 2000-12-04 |
| STEINHAUSER, Erwin Robert | Director | 2016-05-02 | 2018-01-02 |
| STENSON, Alexander Douglas | Director | 1997-04-01 | 2008-11-14 |
| SUNDH, Kenneth Viktor | Director | 1997-04-01 | 2001-12-05 |
| TAYLOR, Andrew | Director | 2016-05-02 | 2018-01-02 |
| THELIN, Anders Gosta, Mr. | Director | 2012-06-27 | 2013-10-04 |
| WALKER, Michael Harry | Director | 2004-10-01 | 2018-01-02 |
| WHELAN, Eamonn Thomas | Director | 2022-09-26 | 2025-07-11 |
| ZWINKELS, Marcus Franciscus Maria | Director | 2020-05-31 | 2023-04-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sandvik Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 175 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-12-18 RESOLUTIONS Resolution
- 2023-12-18 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-08 | AA | accounts | Accounts with accounts type full | |
| 2025-07-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-09 | AA | accounts | Accounts with accounts type full | |
| 2024-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-18 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-18 | MA | incorporation | Memorandum articles | |
| 2023-11-06 | AA | accounts | Accounts with accounts type full | |
| 2023-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-13 | AA | accounts | Accounts with accounts type full | |
| 2022-09-28 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-27 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-25.4%
£192,159,000 £143,387,000
-
Cash
+23.2%
£73,549,000 £90,645,000
-
Net assets
-34%
£130,949,000 £86,408,000
-
Employees
-16.5%
460 384
-
Operating profit
-478%
£12,732,000 -£48,133,000
-
Profit before tax
-414.2%
£14,610,000 -£45,903,000
-
Wages
+7.1%
£17,690,000 £18,948,000
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