HYDRO ALUMINIUM UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-06
Overdue
Watchouts
Cash
£36M
-32.3% vs 2023
Net assets
£69M
-33.5% vs 2023
Employees
602
-6.1% vs 2023
Profit before tax
-£40M
-569.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-06.
Name history
Renamed 6 times since incorporation
- HYDRO ALUMINIUM UK LIMITED 2020-07-31 → present
- HYDRO EXTRUSION UK LTD 2017-12-01 → 2020-07-31
- SAPA PROFILES UK LIMITED 2014-06-03 → 2017-12-01
- SAPA ALUMINIUM EXTRUSION LIMITED 2013-12-02 → 2014-06-03
- HYDRO ALUMINIUM EXTRUSION LIMITED 2000-01-04 → 2013-12-02
- HYDRO ALUMINIUM ALUPRES LIMITED 1997-05-01 → 2000-01-04
- ALUMINIUM PRECISION EXTRUDERS LIMITED 1969-09-11 → 1997-05-01
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £163,093,000 | £133,180,000 | |
| Operating profit | -£10,074,000 | -£42,068,000 | |
| Profit before tax | -£5,941,000 | -£39,783,000 | |
| Net profit | -£4,384,000 | -£36,644,000 | |
| Cash | £53,782,000 | £36,385,566 | |
| Total assets less current liabilities | £110,626,000 | £78,300,000 | |
| Net assets | £104,159,000 | £69,281,000 | |
| Equity | £104,159,000 | £69,281,000 | |
| Average employees | 641 | 602 | |
| Wages | £23,561,000 | £23,587,000 |
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 | -6.2% | -31.6% | |
| Net margin | -2.7% | -27.5% | |
| Return on capital employed | -9.1% | -53.7% | |
| Gearing (liabilities / total assets) | 24.4% | 41.4% | |
| Current ratio | 3.19x | 2.02x | |
| Interest cover | -117.14x | -90.47x |
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
- Crowe U.K LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate. Despite the losses reported over the last 2 years, the company has considerable financial resources together with contracts with several customers and a considerable cash balance with the Hydro cash pooling arrangement. As at the 31st December 2024 the cash pooling balance was £36m. Consequently, the directors believe that the company is well placed to manage its business risks successfully.”
Significant events
- “The closure of the Gloucester fabrication site was agreed in early 2023 and the site wound down, with work being transferred to the facility in Bedwas and other Hydro facilities in Europe. Agreement for the sale of the site was reached in mid-2024 with completion in January 2025.”
- “The closure of the Birtley Extrusion site was agreed in late 2024 with production being wound down until it ceased in June 2025. The site is currently being prepared for sale with an expectation that the site will be disposed of in 2026.”
- “It was announced on the 26th of November 2025 that due to the economic downturn and uncertainty in the aluminium extrusion market, that the company has proposed to close both the Bedwas and Cheltenham production facilities subject to a consultation period. Final agreement is expected to be finalised in Q1 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 57 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BERTOLA, Luca Andrea | Director | 2026-04-28 | Jan 1964 | Italian |
| HAMILTON-REID, Lindsay | Director | 2024-05-31 | Jun 1970 | British |
| WHEATLEY, Andrew Edward | Director | 2022-02-22 | Aug 1979 | British |
Show 57 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ABLETT, Roger Colin | Secretary | 2017-05-26 | 2020-08-31 |
| ADKINS, Bernard James | Secretary | 1995-05-26 | 1996-03-01 |
| FOWLER, Jeffrey Kenneth | Secretary | 1994-01-04 | 1994-04-06 |
| GILROY, Anita | Secretary | 2016-10-01 | 2017-05-26 |
| LAWLOR, Patrick Gerard | Secretary | 1996-03-01 | 1997-12-23 |
| RANDLE, Paul Henry | Secretary | 1997-12-23 | 2007-02-01 |
| TATE, James Frederick | Secretary | 2015-05-01 | 2016-09-30 |
| WARREN, Stephen John | Secretary | 1994-04-11 | 1995-05-26 |
| WILLIAMS, David James | Secretary | 2007-02-01 | 2015-04-30 |
| ABLETT, Roger Colin | Director | 2022-06-01 | 2025-07-31 |
| ABLETT, Roger Colin | Director | 2017-05-26 | 2020-08-31 |
| ANDRYSZEK, Krzysztof | Director | 2020-08-31 | 2022-10-21 |
| BALTZEWITSCH, Thomas | Director | 2005-12-01 | 2007-04-04 |
| BECK, Yann Pascal Marie | Director | 2015-05-01 | 2017-05-26 |
| BILGARI, Christian | Director | 2005-12-01 | 2007-10-01 |
| BRACE, Andrew David | Director | 1998-07-10 | 2001-02-01 |
| BRANDT, Sacha | Director | 2024-05-01 | 2025-10-20 |
| BYGRAVE, Victor | Director | 2001-02-01 | 2004-10-31 |
| BYGRAVE, Victor Donald | Director | 1996-03-01 | 1998-08-31 |
| CARDOSO GERALDES PAIAGUA, Paulo Miguel | Director | 2017-05-26 | 2022-05-31 |
| CHMIELEWSKI, Piotr | Director | 2020-08-31 | 2024-04-29 |
| COOK, David John | Director | 1993-07-01 | 2002-02-15 |
| COUTURIER, Alain Roger Georges | Director | 2013-10-11 | 2018-10-31 |
| DENTON, Jack Lewis | Director | 2022-10-21 | 2023-08-31 |
| DUFFY, John Michael | Director | 2001-02-01 | 2002-03-14 |
| EICHINGER, Karl | Director | 2005-12-01 | 2013-03-01 |
| FOWLER, Jeffrey Kenneth | Director | 1994-01-04 | 1994-04-06 |
| FUERTES, Rafael | Director | 2013-03-01 | 2013-10-11 |
| GILROY, Anita Shirley | Director | 2016-10-01 | 2017-05-26 |
| HAFSETT, Ivar | Director | 1999-11-26 | 2001-02-01 |
| HAGEN, Hartwin Johannes, Dr | Director | 2012-07-16 | 2013-10-11 |
| HAGEN, Hartwin Johannes | Director | 2005-12-01 | 2008-12-01 |
| HOWSON, Judith | Director | 1999-10-04 | 2001-02-01 |
| HUMPHRIES, David Edward | Director | 2002-03-15 | 2005-07-31 |
| JAMES, Neil Christopher William | Director | 2013-01-17 | 2014-04-30 |
| JAMES, Neil Christopher William | Director | 2008-07-01 | 2011-03-03 |
| KIEL, Per | Director | 2000-05-30 | 2003-06-30 |
| LAURIDSEN, Laurids | Director | 2002-02-15 | 2005-12-01 |
| LAWLOR, Patrick Gerard | Director | 1996-03-01 | 1997-12-23 |
| MEEUWISSEN-TRUE, Steven Michael | Director | 2013-10-11 | 2018-06-11 |
| MORGAN, Albert Thomas | Director | — | 1996-03-01 |
| RAIMONDI, Jean Claude | Director | 2002-07-01 | 2005-12-01 |
| RANDLE, Paul Henry | Director | 2003-06-01 | 2014-09-30 |
| RICHARDS, Christopher Mark | Director | 2006-10-02 | 2007-07-04 |
| RUSSELL, Amy | Director | 2020-08-31 | 2023-05-17 |
| SANGSTER, John James | Director | — | 1903-06-30 |
| SPEIRS, John Garrett | Director | — | 2002-01-01 |
| SUND, Arve | Director | 1993-08-16 | 2002-01-01 |
| TATE, James Frederick | Director | 2014-03-03 | 2016-09-30 |
| THURNHEER, Fritz | Director | — | 1993-08-16 |
| UNDELI, Johnny | Director | 2007-04-04 | 2009-03-11 |
| UNDELI, Johnny | Director | 2002-07-01 | 2005-12-01 |
| WALKER, Robert Christian Edward | Director | 2012-01-23 | 2013-01-01 |
| WEBB, Derrick Michael | Director | 2008-12-01 | 2011-11-14 |
| WILLIAMS, David James | Director | 2018-11-01 | 2020-08-31 |
| WILLIAMS, David James | Director | 2008-11-17 | 2017-05-26 |
| WITSCH, Christian | Director | 2012-01-03 | 2012-07-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Norsk Hydro Asa | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-04-26 | Active |
| Hydro Holdings Uk Limited | Corporate entity | Shares 75–100% | 2016-04-23 | Ceased 2024-04-26 |
Filing timeline
Last 20 of 249 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-28 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-23 | AA | accounts | Accounts with accounts type full | |
| 2025-10-21 | CH01 | officers | Change person director company with change date | |
| 2025-10-21 | CH01 | officers | Change person director company with change date | |
| 2025-10-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-12 | AA | accounts | Accounts with accounts type full | |
| 2024-05-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-26 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-04-26 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-12 | AA | accounts | Accounts with accounts type full | |
| 2023-09-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-17 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-21 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-21 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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
-18.3%
£163,093,000 £133,180,000
-
Cash
-32.3%
£53,782,000 £36,385,566
-
Net assets
-33.5%
£104,159,000 £69,281,000
-
Employees
-6.1%
641 602
-
Operating profit
-317.6%
-£10,074,000 -£42,068,000
-
Profit before tax
-569.6%
-£5,941,000 -£39,783,000
-
Wages
+0.1%
£23,561,000 £23,587,000
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