KONECRANES DEMAG UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-12 (in 3mo)
Last made up 2025-07-29
Watchouts
None on the register
Cash
£8M
-39.1% vs 2023
Net assets
£30M
+3% vs 2023
Employees
435
+3.8% vs 2023
Profit before tax
£12M
-1.9% vs 2023
Name history
Renamed 4 times since incorporation
- KONECRANES DEMAG UK LIMITED 2017-10-02 → present
- KONECRANES UK LIMITED 2009-09-25 → 2017-10-02
- KONECRANES SERVICE LTD 2006-09-26 → 2009-09-25
- LLOYDS KONECRANES LIMITED 1999-12-29 → 2006-09-26
- CRANE AID SERVICES LIMITED 1970-01-08 → 1999-12-29
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 | £87,539,000 | £107,479,000 | |
| Operating profit | £10,457,000 | £9,802,000 | |
| Profit before tax | £11,951,000 | £11,727,000 | |
| Net profit | £9,889,000 | £9,311,000 | |
| Cash | £12,696,000 | £7,726,000 | |
| Total assets less current liabilities | £33,463,000 | £34,760,000 | |
| Net assets | £29,194,000 | £30,081,000 | |
| Equity | £29,194,000 | £30,081,000 | |
| Average employees | 419 | 435 | |
| Wages | £23,050,000 | £25,260,000 |
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 | 11.9% | 9.1% | |
| Net margin | 11.3% | 8.7% | |
| Return on capital employed | 31.2% | 28.2% | |
| Current ratio | 1.56x | 1.79x | |
| Interest cover | 65.77x | 39.68x |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the enquiries made on the Group's liquidity forecasts the Directors have concluded that the Group will be able to provide financial support to the company, for a period until 30 September 2026. On this basis, the directors consider it appropriate to adopt the going concern basis when preparing these financial statements.”
Significant events
- “The company no longer manufactures cranes and all production in the UK has ceased. The company has however, retained its sub-contracting manufacturing in the UK.”
- “The company also made the decision to pay an interim dividend to its immediate parent during 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JOHNSON-MOULD, Sarah Eileen | Secretary | 2021-06-21 | — | — |
| BRANTON, Wayne David | Director | 2016-02-01 | Apr 1976 | British |
| JOHNSON-MOULD, Sarah Eileen | Director | 2021-06-21 | Apr 1980 | British |
| SPENCER, Andrew Timothy | Director | 2016-02-01 | Dec 1984 | British |
| TORKKI, Asko | Director | 2022-12-01 | Jun 1961 | Finnish |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEALE, Robert John | Secretary | 1996-03-18 | 2016-01-31 |
| COLEMAN, Michael | Secretary | — | 1996-03-18 |
| SPENCER, Andrew Timothy | Secretary | 2016-02-01 | 2021-06-21 |
| ADIE, Gordon William | Director | 2009-08-18 | 2017-06-30 |
| ATKINSON, John | Director | 1996-03-18 | 1999-12-31 |
| BEALE, Robert John | Director | 2000-01-01 | 2016-03-31 |
| BENNETT, Mark Roderick | Director | 2018-12-04 | 2022-12-01 |
| CAMPBELL, Patrick Anthony | Director | 2012-10-30 | 2016-06-30 |
| CHESHIRE, Stephen Charles | Director | — | 1996-03-18 |
| CLEGG, Nigel Anthony | Director | 2000-01-01 | 2011-10-10 |
| COLEMAN, Michael | Director | — | 1996-03-18 |
| DAVIS, Steven Jeffrey | Director | 2010-01-01 | 2011-11-28 |
| HOGG, Dennis Philip | Director | 2000-01-01 | 2014-06-30 |
| LEINONEN, Markku Kalevi | Director | 2000-01-01 | 2002-06-30 |
| MAXWELL, William Roger | Director | 1996-03-18 | 2009-12-29 |
| POITSALO, Sirpa Talvikki | Director | 2000-01-01 | 2004-07-19 |
| REECE, Derek Frederick | Director | 2009-08-18 | 2017-03-11 |
| ROBERTON, David | Director | 2009-08-18 | 2013-03-26 |
| SOTHARD, Tom | Director | 2002-07-01 | 2010-12-31 |
| TULOKAS, Marko Tapani | Director | 2017-07-14 | 2022-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kci Holding Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-04-17 | Active |
Filing timeline
Last 20 of 198 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-06-03 | AA | accounts | Accounts with accounts type full | |
| 2024-08-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-04 | AA | accounts | Accounts with accounts type full | |
| 2024-04-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-04-17 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2023-09-04 | CH01 | officers | Change person director company with change date | |
| 2023-09-04 | CH03 | officers | Change person secretary company with change date | |
| 2023-08-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-08 | AA | accounts | Accounts with accounts type full | |
| 2022-12-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-07 | AA | accounts | Accounts with accounts type full | |
| 2021-09-05 | AA | accounts | Accounts with accounts type full | |
| 2021-08-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-29 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-06-23 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
+22.8%
£87,539,000 £107,479,000
-
Cash
-39.1%
£12,696,000 £7,726,000
-
Net assets
+3%
£29,194,000 £30,081,000
-
Employees
+3.8%
419 435
-
Operating profit
-6.3%
£10,457,000 £9,802,000
-
Profit before tax
-1.9%
£11,951,000 £11,727,000
-
Wages
+9.6%
£23,050,000 £25,260,000
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