OERLIKON METCO COATINGS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-01 (in 1y)
Last made up 2026-04-17
Watchouts
None on the register
Cash
£918K
+70% vs 2023
Net assets
-£2M
+4.3% vs 2023
Employees
25
-10.7% vs 2023
Profit before tax
£177K
+190.8% vs 2023
Name history
Renamed 2 times since incorporation
- OERLIKON METCO COATINGS LIMITED 2014-07-02 → present
- SULZER METCO COATINGS LIMITED 2004-03-30 → 2014-07-02
- QCOAT LIMITED 1991-04-17 → 2004-03-30
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £3,197,000 | £3,865,000 | |
| Operating profit | £29,000 | £400,000 | |
| Profit before tax | -£195,000 | £177,000 | |
| Net profit | -£395,000 | £104,000 | |
| Cash | £540,000 | £918,000 | |
| Total assets less current liabilities | £608,000 | £973,000 | |
| Net assets | -£2,395,000 | -£2,291,000 | |
| Equity | -£2,395,000 | -£2,291,000 | |
| Average employees | 28 | 25 | |
| Wages | £1,043,000 | £1,039,000 |
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 | 0.9% | 10.3% | |
| Net margin | -12.4% | 2.7% | |
| Return on capital employed | 4.8% | 41.1% | |
| Gearing (liabilities / total assets) | 194.0% | 181.0% | |
| Current ratio | 0.85x | 1.16x | |
| Interest cover | 0.13x | 1.79x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Richmond Accounting Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements have been prepared on a going concern basis. The Directors' have reviewed the Company's forecasts including a severe but plausible downside scenario and consider that the Company will be able to trade with the current cash facilities available for the foreseeable future, a period of at least 12 months from the signing of the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SACCHI, Ursula | Secretary | 2025-04-09 | — | — |
| FRANZ, David | Director | 2023-11-29 | Oct 1971 | Swiss |
| SACCHI, Ursula | Director | 2025-04-09 | Nov 1965 | Swiss |
| TULIC, Lejla | Director | 2023-11-29 | Oct 1987 | Swedish |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRADWELL, Garth Jeffrey | Secretary | 2004-08-17 | 2014-06-13 |
| BUSSINGER, Paul Andre Francois | Secretary | 2014-06-02 | 2023-11-29 |
| CAHN, Didier | Secretary | 2023-11-29 | 2025-04-09 |
| FISHER, Graham Edward | Secretary | 2002-05-01 | 2005-02-10 |
| JACKSON, Darron Lee | Secretary | 1999-05-18 | 2002-05-01 |
| WINDER, David | Secretary | 1991-04-25 | 1999-05-18 |
| BRADWELL, Garth Jeffrey | Director | 2004-08-17 | 2014-06-13 |
| BUSSINGER, Paul Andre Francois | Director | 2014-06-02 | 2023-11-29 |
| CAHN, Didier | Director | 2023-11-29 | 2025-04-09 |
| CLAUSEN, Paul | Director | 2018-12-20 | 2019-11-04 |
| COMPAGNONE, Sandro, Dr | Director | 2009-12-01 | 2017-03-31 |
| COOMBER, Andrew David | Director | 2009-12-01 | 2017-04-03 |
| EMMA, Lorenzo Enrico Edgardo | Director | 1999-05-18 | 2001-12-31 |
| GODWIN, Barry | Director | 1991-04-25 | 1999-05-18 |
| HERBERT, Anthony | Director | 2001-12-12 | 2009-11-19 |
| JACKSON, Darron Lee | Director | 2001-01-01 | 2002-07-01 |
| KELLER, Hans | Director | 2017-04-06 | 2018-12-10 |
| KIRCHNER, Sonja | Director | 2018-12-20 | 2019-11-04 |
| KOPF, Simon | Director | 2021-07-01 | 2023-11-23 |
| RAYMOND, Paul | Director | 1999-05-18 | 2001-12-13 |
| SANDFORD, David William | Director | 1999-05-18 | 2001-01-01 |
| STEINER, Christoph | Director | 2019-11-04 | 2021-07-01 |
| VAN DER MUREN, Etienne | Director | 2017-04-03 | 2018-12-10 |
| WINDER, David | Director | 1991-04-25 | 1999-05-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Oerlikon Balzers Coating Uk Limited | Corporate entity | Shares 75–100% | 2020-07-21 | Active |
Filing timeline
Last 20 of 152 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-04-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-14 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-14 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-10-11 | AA | accounts | Accounts with accounts type full | |
| 2024-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-26 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-01-15 | AA | accounts | Accounts with accounts type full | |
| 2024-01-03 | CH01 | officers | Change person director company with change date | |
| 2023-11-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-29 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-11-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-29 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-04-21 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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
+20.9%
£3,197,000 £3,865,000
-
Cash
+70%
£540,000 £918,000
-
Net assets
+4.3%
-£2,395,000 -£2,291,000
-
Employees
-10.7%
28 25
-
Operating profit
+1,279.3%
£29,000 £400,000
-
Profit before tax
+190.8%
-£195,000 £177,000
-
Wages
-0.4%
£1,043,000 £1,039,000
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