EUROCLAD GROUP LIMITED

1. EUROCLAD GROUP LIMITED 2018-11-30 → present
2. EURO CLAD LIMITED 1993-09-23 → 2018-11-30
3. EURO CLAD (SOUTH WALES) LIMITED 1980-12-31 → 1993-09-23
4. SERVOSTONE LIMITED 1980-06-18 → 1980-12-31

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

Ernst & Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On that basis, the directors have concluded that there are no material uncertainties that would cast significant doubt over the Company's ability to continue as a going concern. For this reason, the directors consider it appropriate to continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Order intake and order backlog has seen momentum during the first quarter of 2025 which bodes well for future deliveries.”
• “The directors approved a budget and three year strategic plan that set targets for 2025, 2026, 2027 and 2028 taking into account growth opportunities in key markets.”
• “The directors decided to pay a total dividend of £Nil in the year (2023: £Nil).”
• “Climate change”
• “Product failure”
• “Laws and regulations”
• “Business interruption (including IT continuity)”
• “Credit risk and credit control”
• “Talent development and retention”
• “Fraud and cybercrime”
• “Health and Safety”
• “There have been no significant events subsequent to 31 December 2024 which would require adjustment to or disclosure in these financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -20.4%

  £176,484,548 → £140,399,726

• Cash

  +1,078%

  £374,542 → £4,412,207

• Net assets

  +22%

  £92,696,431 → £113,095,518

• Employees

  +2.9%

  315 → 324

• Operating profit

  -40.6%

  £30,234,030 → £17,954,769

• Profit before tax

  -29.1%

  £30,087,551 → £21,321,090

• Wages

  -7.8%

  £13,189,560 → £12,162,036

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