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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-10-15 (in 5mo)

Last made up 2025-10-01

Watchouts

None on the register

Cash

£855K

-28.8% vs 2019

Net assets

£402K

-78% vs 2019

Employees

83

-6.7% vs 2019

Profit before tax

-£2M

-395.4% vs 2019

Name history

Renamed 1 time since incorporation

  1. VACUUM FURNACE ENGINEERING LIMITED 1985-08-07 → present
  2. IRISAVON LIMITED 1985-06-10 → 1985-08-07

Accounts

2-year trend · latest reflected 2020-12-31

Latest accounts filed cover 2024-12-31, 2023-12-31, 2022-12-31, 2021-12-31; financial figures currently reflect up to 2020-12-31.

Metric Trend 2019-12-312020-12-31
Turnover £16,169,263£8,888,488
Operating profit £671,149-£1,495,423
Profit before tax £584,240-£1,725,838
Net profit £809,133-£1,427,378
Cash £1,200,440£854,964
Total assets less current liabilities £3,149,328£1,455,095
Net assets £1,829,855£402,477
Equity £1,829,855£402,477
Average employees 8983
Wages £3,816,174

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 2019-12-312020-12-31
Operating margin 4.2%-16.8%
Net margin 5.0%-16.1%
Return on capital employed 21.3%-102.8%
Interest cover 6.74x-6.48x

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.

People

3 active · 21 resigned

Name Role Appointed Born Nationality
BUSCH, Kaya Attila Director 2021-08-04 Dec 1974 German
BUSCH, Sami Sinan Director 2021-08-04 Jun 1973 German
HULBERT, Timothy Martin Director 2021-08-04 Sep 1970 British
Show 21 resigned officers
Name Role Appointed Resigned
CORLESS-SMITH, Terence Secretary 1996-11-25
NICHOLSON, John Secretary 1996-11-25 2014-12-12
WALKER, Andrew David Secretary 2017-11-03 2019-03-01
BUSCH MUDERRIS, Ayla Cevher Director 2021-08-04 2022-05-19
BYRNE, David James Director 2017-11-03 2022-05-19
CORLESS-SMITH, Terence Director 1996-11-25
HARTLAND, David George Henry Director 2016-10-27 2017-11-03
JEPSON, John Anthony Director 2017-06-01 2017-11-03
KISHOR, Roy, Mr. Director 2014-12-12 2021-08-04
LEES, Simon, Mr. Director 2012-05-01 2021-08-04
LUMLEY, Adam Kenneth Director 2019-03-01 2023-08-11
MASTERS, Keith Director 2021-08-04
NICHOLSON, George Elliott Director 2016-08-09 2021-08-04
NICHOLSON, John Director 2014-12-12
NICHOLSON, Sue Director 2017-06-01 2018-01-03
OAKLEY, Robert Director 2014-12-12
POTTER, Keith Director 2018-03-22
RHODES, Jonathan Edward Director 2016-10-27 2017-08-24
SCHMIDT-CHIARI, Stanislaus Eduard Director 2016-08-09 2021-08-04
WALKER, Andrew David Director 2017-11-03 2019-03-01
WHITE, Charles Liddell Director 2014-12-12 2017-07-11

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Kaya Attila Busch Individual Shares 25–50% 2021-09-14 Active
Mr Sami Sinan Busch Individual Shares 25–50% 2021-09-14 Active
Mrs Ayla Cevher Busch Muderris Individual Shares 25–50% 2021-09-14 Active
Busch (Uk) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-08-04 Ceased 2021-09-14
Seafox Vfe 2 Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2021-08-04

Filing timeline

Last 20 of 167 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-07-11 RESOLUTIONS Resolution
Date Type Category Description
2025-11-26 CS01 confirmation-statement Confirmation statement with updates PDF
2025-08-04 AA accounts Accounts with accounts type full
2025-07-11 SH20 capital Legacy
2025-07-11 SH19 capital Capital statement capital company with date currency figure
2025-07-11 CAP-SS insolvency Legacy
2025-07-11 RESOLUTIONS resolution Resolution
2025-07-11 SH01 capital Capital allotment shares PDF
2024-10-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-28 MR04 mortgage Mortgage satisfy charge full PDF
2024-09-21 AA accounts Accounts with accounts type full
2023-10-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-07 AA accounts Accounts with accounts type full
2023-08-11 TM01 officers Termination director company with name termination date PDF
2022-12-01 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-10-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-29 AA accounts Accounts with accounts type full
2022-05-25 TM01 officers Termination director company with name termination date PDF
2022-05-25 TM01 officers Termination director company with name termination date PDF
2021-10-25 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2021-10-25 PSC01 persons-with-significant-control Notification of a person with significant control PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
3

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.

Year-on-year

FY2019 → FY2020 · period ending 2020-12-31 vs 2019-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.

Official Companies House page