VOLKERSTEVIN SPECIALIST BUSINESSES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-07 (in 11mo)
Last made up 2026-03-24
Watchouts
None on the register
Cash
£12M
+75.6% vs 2023
Net assets
£18M
+11.6% vs 2023
Employees
—
Average over period
Profit before tax
£3M
+17.8% vs 2023
Name history
Renamed 3 times since incorporation
- VOLKERSTEVIN SPECIALIST BUSINESSES LIMITED 2021-12-31 → present
- VOLKERGROUND ENGINEERING LIMITED 2011-10-31 → 2021-12-31
- VOLKERSTEEL FOUNDATIONS LIMITED 2009-02-27 → 2011-10-31
- STEEL FOUNDATIONS LIMITED 1970-06-05 → 2009-02-27
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 | £33,491,000 | £29,603,000 | |
| Operating profit | £1,910,000 | £2,054,000 | |
| Profit before tax | £2,159,000 | £2,544,000 | |
| Net profit | £1,354,000 | £1,906,000 | |
| Cash | £6,616,000 | £11,620,000 | |
| Total assets less current liabilities | £16,914,000 | £18,717,000 | |
| Net assets | £16,488,000 | £18,394,000 | |
| Equity | £16,488,000 | £18,394,000 | |
| Average employees | — | — | |
| Wages | — | — |
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 | 5.7% | 6.9% | |
| Net margin | 4.0% | 6.4% | |
| Return on capital employed | 11.3% | 11.0% | |
| Gearing (liabilities / total assets) | 28.2% | 28.8% | |
| Current ratio | 2.26x | 2.51x | |
| Interest cover | 272.86x | — |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Given the facilities available from VolkerWessels UK Limited, along with the Company's net current assets position and strength of the forward secured order book, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for 12 months from the date of signing the financial statements (see note 2.3 for further details).”
Significant events
- “In 2024 the UK economy performed strongly in the first half of the year, followed by a significant slowdown in the second half and near-stagnant GDP growth.”
- “The VolkerGround Engineering piling business decreased revenue compared to the prior year by £3m which was main contributor to the revenue reduction.”
- “Cash and cash equivalents have improved since the prior year, and we had positive operating cash flow resulting in a balance of £11.6m (2023: £6.6m).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COX, John Anthony | Director | 2021-11-19 | Jun 1964 | Irish |
| DILLON, Angela Martina | Director | 2025-07-23 | Dec 1970 | British |
| HARRIS, Anita Suzanne | Director | 2023-07-04 | Oct 1975 | British |
| OFFORD, Richard Andrew | Director | 2022-11-21 | Sep 1964 | British |
| SUCKLING, Jonathan Mark | Director | 2021-02-01 | Mar 1972 | British |
| WOODS, Matthew Gordon | Director | 2011-03-15 | May 1965 | British |
| VOLKERWESSELS UK LIMITED | Corporate Director | 2009-05-18 | — | — |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| STEVENSON, Frank | Secretary | — | 2005-09-22 |
| WEBB, David John | Secretary | 2005-09-22 | 2009-02-10 |
| WEST, Alison Taylor | Secretary | 2009-02-10 | 2014-07-31 |
| CONNELL, Naomi Anne | Director | 2011-03-15 | 2023-07-16 |
| COUPE, Robert Damian | Director | 2010-05-24 | 2021-02-01 |
| HUMPHRIES, Jonathon Michael | Director | 2010-02-12 | 2012-09-26 |
| MCCAFFERTY, William Crosby | Director | — | 1997-07-31 |
| MCNEILLY, James Michael | Director | 2007-12-06 | 2010-02-12 |
| O’KEEFFE, Nicola Jayne | Director | 2022-11-21 | 2024-11-08 |
| ROBERTSON, Alan Robert | Director | 2009-02-09 | 2023-12-31 |
| ROEBUCK, Paul Alfred | Director | 2004-10-01 | 2009-04-30 |
| SMITH, Michael | Director | — | 2004-10-01 |
| STEVENSON, Frank | Director | — | 2005-10-31 |
| TAYLOR, Lynsey | Director | 2018-07-02 | 2021-02-01 |
| TOWSE, Anthony Richard | Director | 2012-09-26 | 2021-11-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Volkerstevin Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-12-22 | Active |
| Volkerstevin Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2020-12-22 |
Filing timeline
Last 20 of 151 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-12-31 CERTNM Certificate change of name company PDF
- 2021-12-23 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-08 | AA | accounts | Accounts with accounts type full | |
| 2025-07-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-25 | AA | accounts | Accounts with accounts type full | |
| 2024-05-30 | CH01 | officers | Change person director company with change date | |
| 2024-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-03 | AA | accounts | Accounts with accounts type full | |
| 2023-07-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-21 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-21 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-28 | AA | accounts | Accounts with accounts type full | |
| 2022-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-06 | AA | accounts | Accounts with accounts type full | |
| 2021-12-31 | CERTNM | change-of-name | Certificate change of name company | |
| 2021-12-23 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- 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
-11.6%
£33,491,000 £29,603,000
-
Cash
+75.6%
£6,616,000 £11,620,000
-
Net assets
+11.6%
£16,488,000 £18,394,000
-
Employees
—
Not reported
-
Operating profit
+7.5%
£1,910,000 £2,054,000
-
Profit before tax
+17.8%
£2,159,000 £2,544,000
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