SIDERISE INSULATION LIMITED
Get an alert when SIDERISE INSULATION LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-19 (in 11mo)
Last made up 2026-04-05
Watchouts
None on the register
Cash
£5M
-43.4% vs 2023
Net assets
£52M
+21.1% highest in 4 filed years
Employees
143
+9.2% highest in 4 filed years
Profit before tax
£12M
-17.1% vs 2023
Name history
Renamed 1 time since incorporation
- SIDERISE INSULATION LIMITED 2004-12-30 → present
- SIDERISE (WESTERN) LIMITED 1989-04-10 → 2004-12-30
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £28,719,932 | — | £44,914,000 | £47,697,000 | |
| Operating profit | — | — | — | £13,114,422 | — | £18,583,000 | £15,478,000 | |
| Profit before tax | — | — | — | £9,094,739 | £12,176,000 | £14,938,000 | £12,389,000 | |
| Net profit | — | — | — | £7,492,106 | £9,807,000 | £11,546,000 | £9,036,000 | |
| Cash | — | — | — | £6,877,939 | £2,741,000 | £8,816,000 | £4,986,000 | |
| Total assets less current liabilities | — | — | — | £21,720,637 | £31,914,000 | £43,343,000 | £52,743,000 | |
| Net assets | — | — | — | £21,462,382 | £31,269,000 | £42,815,000 | £51,851,000 | |
| Equity | £4,948,456 | £8,073,912 | £13,970,276 | £21,462,382 | £31,269,000 | £42,815,000 | £51,851,000 | |
| Average employees | — | — | — | 105 | 120 | 131 | 143 | |
| Wages | — | — | — | £4,082,764 | £4,400,000 | £5,946,000 | £7,453,000 |
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 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 45.7% | — | 41.4% | 32.5% | |
| Net margin | — | — | — | 26.1% | — | 25.7% | 18.9% | |
| Return on capital employed | — | — | — | 60.4% | — | 42.9% | 29.3% | |
| Current ratio | — | — | — | — | — | 4.00x | 4.53x | |
| Interest cover | — | — | — | 3.26x | — | 4.92x | 4.84x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- SIDERISE INSULATION LIMITED · parent
- Siderise Middle East FZE 100%
- Siderise (Asia Pacific) PTE. Ltd. 100%
- Siderise India Private Limited 100%
- Siderise US LLC 100%
Significant events
- “On 2 January 2024 the Company incorporated a new wholly-owned subsidiary, Siderise US LLC, as it seeks to expand its geographic footprint into the highly attractive North American market.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HENDY, Mark James | Director | 2023-09-19 | May 1985 | British |
| LADD, David | Director | 2025-09-29 | Dec 1964 | British |
| LAWS, Graham John | Director | 2020-12-14 | Jun 1976 | British |
| REES, Gavin Ian | Director | 2023-09-19 | Jan 1977 | British |
| RYAN, Tony Michael | Director | 2022-11-15 | Jul 1987 | Irish |
| TURK, Adam Marc | Director | 2020-12-14 | Mar 1964 | British |
| VIDLER, Richard Anthony | Director | 2023-09-19 | Aug 1976 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOND, Stephen William | Secretary | 2011-09-17 | 2012-09-10 |
| FREETH, Stephen Peter | Secretary | — | 2011-09-17 |
| PALMER, Leigh Graham | Secretary | 2012-09-10 | 2019-06-25 |
| BOND, Stephen William | Director | — | 2019-06-25 |
| BUSH, Stephen Thomas | Director | — | 1996-12-31 |
| HALL, Christopher | Director | 2019-01-02 | 2020-04-05 |
| HOLTON, Michael Damien | Director | 2023-09-19 | 2025-09-29 |
| JAMES, Anthony Rowden, Mr. | Director | 2018-04-17 | 2018-04-17 |
| JAMES, Antony Rowden, Mr. | Director | 2018-04-17 | 2020-12-31 |
| JAMES, Thomas Antony | Director | 2019-01-02 | 2022-02-07 |
| MOHAN, Philip | Director | 2007-11-01 | 2014-09-09 |
| PALMER, Leigh Graham | Director | 2012-03-01 | 2019-06-25 |
| PAVETT, Christopher | Director | 2020-12-14 | 2023-02-28 |
| SWALES, Stephen Charles, Mr. | Director | 2019-06-25 | 2025-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Siderise (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 131 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-18 | AA | accounts | Accounts with accounts type full | |
| 2025-05-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-23 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-23 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-23 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-23 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-21 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-06-16 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
+6.2%
£44,914,000 £47,697,000
highest in 3 filed years
-
Cash
-43.4%
£8,816,000 £4,986,000
-
Net assets
+21.1%
£42,815,000 £51,851,000
highest in 4 filed years
-
Employees
+9.2%
131 143
highest in 4 filed years
-
Operating profit
-16.7%
£18,583,000 £15,478,000
-
Profit before tax
-17.1%
£14,938,000 £12,389,000
-
Wages
+25.3%
£5,946,000 £7,453,000
highest in 4 filed years
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