ELG UTICA ALLOYS LIMITED

1. ELG UTICA ALLOYS LIMITED 2015-07-23 → present
2. ABS INDUSTRIAL RESOURCES LIMITED 2001-01-26 → 2015-07-23
3. A B S DISTRIBUTION SERVICES LIMITED 1988-01-27 → 2001-01-26
4. RAWMARSH PACKAGING LIMITED 1983-07-08 → 1988-01-27
5. WHISTON ALLOYS LIMITED 1980-02-01 → 1983-07-08

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 102

Reporting scope

Standalone (parent only)

Auditor

Hawsons Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After due consideration of all relevant factors, preparation of forecasts under different scenarios and the support of the parent company demonstrated in the past, the directors consider that the company will continue to operate within the financial facilities available, and that it is appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. ELG UTICA ALLOYS LIMITED · parent
   1. ABS Alloys and Metals SA (Pty) Limited 100% · South Africa · alloy merchants
   2. ELG Utica Alloys Singapore PTE. Ltd 100% · Singapore · speciality alloys merchant

Significant events

• “Despite a 10.7% decrease in turnover in 2024, ELG remained profitable due to strategic adjustments and high margins. This decrease in turnover can be attributed to the continuation of falling metal prices after significant increases in 2022. Nickel prices held at their typical levels, maintaining at around $16,500.”
• “Positive developments in ELG's diverse customer base, such as aerospace, provided some stability after years of supply and demand turbulence.”

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

  -10.7%

  £70,904,832 → £63,294,538

• Cash

  -39.3%

  £41,825 → £25,395

• Net assets

  +2.6%

  £36,701,041 → £37,646,589

• Employees

  -3.5%

  57 → 55

• Operating profit

  -92.9%

  £7,502,252 → £536,322

• Profit before tax

  -86.6%

  £9,355,430 → £1,249,138

• Wages

  -0.3%

  £2,682,997 → £2,674,678

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