HIAB LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-18 (in 3mo)
Last made up 2025-08-04
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£53M
+16.5% vs 2023
Employees
215
+3.4% vs 2023
Profit before tax
£10M
-45.8% vs 2023
Name history
Renamed 4 times since incorporation
- HIAB LIMITED 2015-12-29 → present
- CARGOTEC UK LIMITED 2009-08-20 → 2015-12-29
- CARGOTEC HOLDING UK LIMITED 2006-11-21 → 2009-08-20
- KALMAR HANDLING SYSTEMS LIMITED 1987-07-31 → 2006-11-21
- ASTAFAYRE LIMITED 1987-03-30 → 1987-07-31
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £196,344,000 | £165,116,000 | |
| Operating profit | £12,136,000 | £9,237,000 | |
| Profit before tax | £18,863,000 | £10,231,000 | |
| Net profit | £15,666,000 | £7,550,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £50,684,000 | £59,401,000 | |
| Net assets | £45,764,000 | £53,314,000 | |
| Equity | £45,764,000 | £53,314,000 | |
| Average employees | 208 | 215 | |
| Wages | £11,288,000 | £11,488,000 |
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 | 6.2% | 5.6% | |
| Net margin | 8.0% | 4.6% | |
| Return on capital employed | 23.9% | 15.6% | |
| Gearing (liabilities / total assets) | 45.4% | 35.4% | |
| Current ratio | 2.46x | 3.41x | |
| Interest cover | 181.13x | 19.99x |
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
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors consider that it is appropriate to prepare the financial statements on a going concern basis for the period to 31 August 2026. The financial statements do not contain any adjustments that would result if the Company were unable to continue as a going concern.”
Group structure
- HIAB LIMITED · parent
- Del Equipment (UK) Limited 100%
Significant events
- “On 30 June 2024, the Kalmar division was demerged from the Cargotec Group.”
- “On 26th March 2025, the parent company Cargotec Oyj announced its name change to Hiab Oyj (Hiab Corporation in English), effective from 1st April 2025.”
- “On 10 June 2025, the liquidator remitted funds to the Company in relation to Del Equipment (UK) Limited for £183,000, with liquidation closure planned for 19 August 2025.”
- “At the Group level, the sale of the MacGregor division, to funds managed by Triton, is expected to finalise in Q3 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRIGHT, William Campbell | Secretary | 2025-03-24 | — | — |
| SAINT, Martin | Director | 2016-01-02 | Sep 1965 | British |
| STOKES, Jason | Director | 2024-09-20 | Jun 1981 | American |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HANWELL, Mark | Secretary | 2001-09-28 | 2004-04-30 |
| JOHNSON, Amanda Louise | Secretary | 2010-09-30 | 2016-01-02 |
| KEMP, John | Secretary | 2004-04-30 | 2005-02-15 |
| POOK, Edward John | Secretary | — | 2001-09-28 |
| SIMPSON, Ian | Secretary | 2016-01-02 | 2021-07-14 |
| SPIVEY, Neil Thomas | Secretary | 2007-08-06 | 2010-09-30 |
| SULEY, Valerie Patricia | Secretary | 2005-05-03 | 2007-08-06 |
| THOMSON, Gary | Secretary | 2021-07-14 | 2025-03-21 |
| TRESSLER, Gary John | Secretary | 2005-02-15 | 2005-05-03 |
| AALTONEN, Outi | Director | 2006-08-02 | 2009-10-06 |
| ARKELL, John Sydney | Director | — | 2000-06-29 |
| CARNALL, Jonathan William | Director | 2023-05-03 | 2024-09-20 |
| FAIRWEATHER, David Charles | Director | 2000-06-29 | 2006-08-02 |
| GLOEDE, Manfred | Director | — | 1992-12-23 |
| GORANSSON, Carl Gustaf | Director | 2014-05-22 | 2016-03-02 |
| HANKIMAA, Jonne Raimo | Director | 2008-11-10 | 2009-10-06 |
| HEINO, Seppo | Director | 2014-03-15 | 2016-01-02 |
| JEHANDER, Roger | Director | 2002-01-01 | 2008-11-14 |
| LEPPANEN, Ismo Antero | Director | 2011-04-18 | 2020-12-18 |
| LINDBLOM, Hans | Director | 2016-02-22 | 2017-01-27 |
| MITCHELL, Ian David | Director | 2019-03-04 | 2023-04-29 |
| PATTERSON, David | Director | 2013-03-21 | 2014-03-31 |
| POOK, Edward John | Director | — | 2001-09-28 |
| RAUBACHER, Heinz | Director | — | 1992-12-23 |
| RICHARDSON, Alan Cyril | Director | 2009-06-06 | 2011-04-18 |
| SIPILA, Eeva Tuulikki | Director | 2009-10-06 | 2014-10-01 |
| STAHL, Johnny | Director | — | 1992-12-23 |
| STONES, Andrew William | Director | 2009-06-05 | 2013-03-21 |
| VAIHTAMO, Ismo | Director | 2008-11-14 | 2009-10-06 |
| VAN DER LINDE, Arjaen Rogier | Director | 2016-07-04 | 2019-03-04 |
| VANHANEN, Olli Pekka Aslak | Director | 2006-08-02 | 2008-11-10 |
| VROONLAND, Dick | Director | 2011-04-18 | 2014-03-15 |
| VROONLAND, Dick | Director | 2011-02-18 | 2011-02-18 |
| WICHMANN, Thomas | Director | 2009-10-06 | 2014-03-15 |
| WILLIAMSON, Mark Paul | Director | 2009-10-06 | 2011-04-18 |
| ZIA, Leonardo | Director | 2016-01-02 | 2016-07-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cargotec Oyj | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2016-04-06 |
| Hiab Oyj | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 233 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-05 | AA | accounts | Accounts with accounts type full | |
| 2025-08-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-12 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-03 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-04-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-09-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-15 | AA | accounts | Accounts with accounts type full | |
| 2024-01-11 | AA | accounts | Accounts with accounts type full | |
| 2023-08-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-04 | CH01 | officers | Change person director company with change date | |
| 2023-05-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-06 | AA | accounts | Accounts with accounts type full | |
| 2023-03-03 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-02-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2022-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-05 | CH01 | officers | Change person director company with change date | |
| 2021-11-03 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- 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
-15.9%
£196,344,000 £165,116,000
-
Cash
—
Not reported
-
Net assets
+16.5%
£45,764,000 £53,314,000
-
Employees
+3.4%
208 215
-
Operating profit
-23.9%
£12,136,000 £9,237,000
-
Profit before tax
-45.8%
£18,863,000 £10,231,000
-
Wages
+1.8%
£11,288,000 £11,488,000
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