VOESTALPINE HIGH PERFORMANCE METALS UK LIMITED

1. VOESTALPINE HIGH PERFORMANCE METALS UK LIMITED 2018-03-29 → present
2. BOHLER-UDDEHOLM (UK) LIMITED 1999-01-04 → 2018-03-29
3. BOHLER (UK) LIMITED 1988-05-11 → 1999-01-04
4. V.E.W. SPECIAL STEELS (U.K.) LIMITED 1979-12-31 → 1988-05-11
5. SCHOELLER-BLECKMANN STEELS(GREAT BRITAIN)LIMITED 1928-04-10 → 1979-12-31

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are confident that the Company will be profitable in the coming 12 months and beyond, and will continue to operate within its current and future financial parameters so as to meet its debts as they fall due. As such the Directors believe the Company to be a going concern and have adopted this assumption in preparing the financial statements. The Company participates in the Group's centralized treasury and banking arrangements and has received a letter of support from voestalpine High Performance Metals GmbH.”

Group structure

1. VOESTALPINE HIGH PERFORMANCE METALS UK LIMITED · parent
   1. voestalpine Specialty Metals UK Ltd 100% · UK · Aerospace and Oil and Gas operations

Significant events

• “During the year ended 31 March 2024 the ultimate parent company of the business, voestalpine High Performance Metals GmbH, decided to split the company and created a separate legal entity for its Aerospace and Oil and Gas operations to better align itself with the respective markets in which it operates. This new entity is a wholly owned subsidiary of voestalpine High Performance Metals UK Limited, and is registered as voestalpine Specialty Metals UK Limited.”
• “Sales revenues decreased by 28% and Gross profit showed a 45% decrease compared to last year. The resulting Operating Profit of £3,414,000 is driven by the business operating a lean business model, positive results in the Tooling and Oil & Gas divisions, and entering new Toolsteel markets such as Medical, Food and Beverage, and Motorsport to diversify its product portfolio.”
• “Net assets increased by 9.2% year on year from £11,605,000 to £12,674,000.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -27.9%

  £54,506,000 → £39,312,000

• Cash

  —

  Not reported

• Net assets

  +9.2%

  £11,605,000 → £12,674,000

• Employees

  -10.9%

  110 → 98

• Operating profit

  -24.4%

  £4,518,000 → £3,414,000

• Profit before tax

  +3.6%

  £3,830,000 → £3,966,000

• Wages

  -21.8%

  £5,775,000 → £4,516,000

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