INDUCTOTHERM EUROPE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-20 (in 4mo)
Last made up 2025-09-06
Watchouts
None on the register
Cash
£6M
+3.6% vs 2023
Net assets
£17M
+2.9% vs 2023
Employees
109
+5.8% vs 2023
Profit before tax
£2M
-10.4% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £17,680,533 | £19,001,394 | |
| Operating profit | £2,789,133 | £2,644,949 | |
| Profit before tax | £2,768,133 | £2,479,949 | |
| Net profit | £2,132,964 | £1,599,075 | |
| Cash | £5,861,972 | £6,074,945 | |
| Total assets less current liabilities | £17,252,244 | £17,480,030 | |
| Net assets | £16,330,971 | £16,811,759 | |
| Equity | £16,330,971 | £16,811,759 | |
| Average employees | 103 | 109 | |
| Wages | £5,480,217 | £5,894,834 |
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 | 15.8% | 13.9% | |
| Net margin | 12.1% | 8.4% | |
| Return on capital employed | 16.2% | 15.1% | |
| Gearing (liabilities / total assets) | 28.1% | 26.7% | |
| Current ratio | 3.17x | 3.23x | |
| Interest cover | 132.82x | 16.03x |
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 102
- Reporting scope
- Consolidated group
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the balance sheet date the group had a strong net current asset position and a positive cash balance. At the time of signing these accounts, the directors have considered the going concern position and consider that this does indicate that the group will continue to trade for a period of at least 12 months from the date of signing these accounts.”
Group structure
- INDUCTOTHERM EUROPE LIMITED · parent
- Inductotherm Deutschland GmbH 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FAIREST, Daniel Steven | Director | 2022-07-01 | Feb 1975 | British |
| IWANCIW, Peter | Director | 2008-01-23 | Dec 1957 | British |
| KAY, Allan Hugh | Director | 2026-01-16 | Nov 1966 | British |
| NUTT JR, Michael Howard | Director | 2026-01-16 | Mar 1968 | American |
| O'LEARY, Steve Donal | Director | 2022-07-01 | Oct 1977 | British |
| PRABHU, Satyen Nagesh | Director | 2004-03-04 | Oct 1961 | American |
| RAFFNER, Bernard Maurice | Director | 2013-06-18 | Apr 1947 | American |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FLETCHER, John Frederick | Secretary | 1997-12-08 | 2016-06-30 |
| HUNT, David James | Secretary | — | 1997-12-08 |
| ALLCOCK, John | Director | 2019-01-01 | 2023-12-15 |
| COOPER, Graham | Director | 2004-03-04 | 2009-12-31 |
| DOYON, Gary Anthony | Director | 2010-01-01 | 2025-04-03 |
| FLETCHER, John Frederick | Director | 1997-12-08 | 2016-06-30 |
| HARTLAND, David George Henry | Director | 2008-01-23 | 2016-03-31 |
| HAWKINS, Graham Edmund | Director | — | 2016-02-01 |
| HAYWOOD, Ian Stuart | Director | — | 2004-04-30 |
| HILL, Stephen Nigel | Director | 2008-01-23 | 2019-07-06 |
| HITCHINER, Christopher David | Director | 2005-01-17 | 2018-01-12 |
| HUNT, David James | Director | — | 1997-12-08 |
| MORTIMER, John Herbert | Director | — | 2010-01-01 |
| PERKS, John Stanley | Director | — | 1993-03-31 |
| ROWAN, Henry Madison | Director | — | 2015-07-20 |
| STEAR, Jonathan David | Director | 2017-04-17 | 2026-04-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Virginia Rowan Smith | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 140 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-27 | AA | accounts | Accounts with accounts type group | |
| 2025-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-29 | AA | accounts | Accounts with accounts type group | |
| 2023-12-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-22 | CH01 | officers | Change person director company with change date | |
| 2023-11-22 | CH01 | officers | Change person director company with change date | |
| 2023-11-22 | CH01 | officers | Change person director company with change date | |
| 2023-09-19 | AA | accounts | Accounts with accounts type group | |
| 2023-09-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-29 | CH01 | officers | Change person director company with change date | |
| 2022-06-21 | CH01 | officers | Change person director company with change date | |
| 2022-03-23 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 2
- 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
+7.5%
£17,680,533 £19,001,394
-
Cash
+3.6%
£5,861,972 £6,074,945
-
Net assets
+2.9%
£16,330,971 £16,811,759
-
Employees
+5.8%
103 109
-
Operating profit
-5.2%
£2,789,133 £2,644,949
-
Profit before tax
-10.4%
£2,768,133 £2,479,949
-
Wages
+7.6%
£5,480,217 £5,894,834
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