SEVERFIELD NUCLEAR & INFRASTRUCTURE LIMITED

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. SEVERFIELD NUCLEAR & INFRASTRUCTURE LIMITED 2022-05-31 → present
2. HARRY PEERS STEELWORK LIMITED 1982-09-10 → 2022-05-31

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 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In determining whether the Company's financial statements should be prepared on a going concern basis, the Directors have considered all factors likely to affect its future development, performance and financial position, including cash flows, liquidity, borrowing facilities, and risks and uncertainties relating to the Company's business activities and the wider economic environment. Relevant considerations included: The Company's secured order book and pipeline of potential future orders The financial resources and committed borrowing facilities available to the Group, which remain in place until December 2027 and include compliance with associated financial covenants. The current trading conditions specific to the Company's operations and the potential impact of downside risks linked to the Company's principal risks In the current financial year the Company's profitability was maintained despite challenging market conditions. The Company delivered an underlying profit before tax of £3.1m and had maintained a strong order book of £73m as at July 2025, providing a good volume of secured work and earnings visibility over the going concern period. Based on the above factors and having made appropriate enquiries, the Directors consider it reasonable to assume that the Company has adequate resources to continue for the going concern period and assesses that it will remain in compliance with financial covenants and, for this reason, have continued to adopt the going concern basis in preparing the financial statements.”

Significant events

• “During the year, the Company committed to a plan to sell a manufacturing plant located in Bolton, and an active program to locate a buyer and complete the sale was initiated. The sale is expected to be completed within 12 months from the date of classification.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  +10.8%

  £43,682,000 → £48,421,000

• Cash

  +273.6%

  £360,000 → £1,345,000

• Net assets

  +9.1%

  £25,430,000 → £27,747,000

• Employees

  -2.5%

  122 → 119

• Operating profit

  -2.7%

  £3,160,000 → £3,075,000

• Profit before tax

  -2.5%

  £3,191,000 → £3,110,000

• Wages

  +7.5%

  £6,685,000 → £7,184,000

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