APERAM STAINLESS SERVICES & SOLUTIONS UK LIMITED

1. APERAM STAINLESS SERVICES & SOLUTIONS UK LIMITED 2011-02-15 → present
2. ARCELORMITTAL-STAINLESS SERVICE UK LIMITED 2007-12-28 → 2011-02-15
3. UGINE & ALZ UK LIMITED 2002-11-11 → 2007-12-28
4. UGINE (UK) LIMITED 1988-02-25 → 2002-11-11
5. UGINOX U.K. LIMITED 1987-11-05 → 1988-02-25
6. FILEGRANT LIMITED 1987-09-17 → 1987-11-05

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

“The financial statements have been prepared on a going concern basis due to the acknowledged ongoing financial support of Aperam SA, a group company. Aperam SA has confirmed that sufficient financial support will be made available, albeit this is not legally binding, to enable the company to meet its obligations as they fall due for a period of not less than 12 months from the date of approval of the financial statements.”

Significant events

• “Although sales volumes increased during the year, turnover decreased by 39%. This was primarily due to a reduction in steel prices and a change in the treatment of a key account, which is now managed by a group company. As a result, the company now earns commission income rather than recognising the full sale value.”
• “Since Brexit, the UK stainless steel market has become more vulnerable to Far East imports due to the absence of the anti-dumping duties previously enforced by the European Union. With the added uncertainty of potential trade wars and escalating geopolitical tensions, the UK has also become a more attractive destination for Far East suppliers. In response, strategies have been implemented to strengthen domestic resources and focus on the development of higher-grade alloys beyond standard commodity grades, where competition from outside Europe is less impactful.”

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

  -39.2%

  £37,073,096 → £22,526,502

• Cash

  +125.9%

  £34,767 → £78,532

• Net assets

  -3.2%

  £1,236,497 → £1,197,210

• Employees

  0%

  10 → 10

• Operating profit

  +119.4%

  -£171,379 → £33,195

• Profit before tax

  +87.1%

  -£305,371 → -£39,287

• Wages

  +19.4%

  £358,364 → £428,011

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