HYSTER-YALE UK LIMITED — The Accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-06-24 (in 1mo)

Last made up 2025-06-10

Watchouts

None on the register

Cash

£33M

+371.1% vs 2023

Net assets

£159M

+10.2% vs 2023

Employees

1,079

+1.6% vs 2023

Profit before tax

£17M

-9.8% vs 2023

Name history

Renamed 3 times since incorporation

HYSTER-YALE UK LIMITED 2016-01-04 → present
NACCO MATERIALS HANDLING LIMITED 1997-12-31 → 2016-01-04
HYSTER EUROPE LIMITED 1992-01-02 → 1997-12-31
QUESTINCOME LIMITED 1991-08-12 → 1992-01-02

Net assets

2-year trend · vs Industrials median

HYSTER-YALE UK LIMITED·Industrials median · n=6236

Accounts

2-year trend · latest reflected 2024-12-31

Metric	2023-12-31	2024-12-31
Turnover	£613,592,233	£602,482,663
Operating profit	£19,619,452	£15,592,926
Profit before tax	£18,801,144	£16,959,085
Net profit	£13,701,456	£13,150,139
Cash	£6,988,558	£32,923,024
Total assets less current liabilities	£147,420,250	£163,405,860
Net assets	£144,238,904	£158,939,840
Equity	£144,238,904	£158,939,840
Average employees	1,062	1,079
Wages	£50,656,207	£57,131,588

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	2023-12-31	2024-12-31
Operating margin	3.2%	2.6%
Net margin	2.2%	2.2%
Return on capital employed	13.3%	9.5%
Current ratio	1.16x	1.28x
Interest cover	7.84x	8.02x

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: Ernst & Young LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“The financial statements of the Company have been prepared on a going concern basis, as the Directors have concluded that the going concern basis continues to be appropriate.”

Group structure

HYSTER-YALE UK LIMITED · parent
1. Hyster-Yale France S.A.R.L. 24.02% · France · Marketing of forklift trucks
2. G2A SAS 75.5% · France · Sale and rental of lift trucks
3. Yale SLT Fordertechnik GmbH 100% · Germany · Sale and rental of lift trucks
4. Hyster-Yale Acquisition Holding Ltd 100% · UK · Holding Company

Significant events

“Continuing uncertainties around the conflict in the Middle East, the ongoing Russia/Ukraine conflict as well as the uncertainty of US Tariff changes all contribute to lower expected production levels in 2025.”
“Softer market demand in the second half of 2024 and the resulting lower backlog at the end of 2024 is significantly reducing production levels in the first half of 2025 and is expected to reduce revenues and the 2025 results.”
“On 15 Jan 2025, the trustees of the Hyster-Yale UK Defined Benefit pension plan entered into a buy-in contract with a third party insurance company.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 26 resigned

Name	Role	Appointed	Born	Nationality
MAIR, Claire	Secretary	2011-05-06	—	—
LANGER, Jennifer Mary	Director	2024-10-01	Feb 1974	American
MURDOCH, Stewart Douglas	Director	2020-10-01	Mar 1970	British
TYLER, Roger Toby Stoodley	Director	2017-12-21	Jun 1974	British

Show 26 resigned officers

Name	Role	Appointed	Resigned
MAXWELL, William	Secretary	1993-05-01	1996-08-14
O CONNELL, Anthony Joseph	Secretary	1996-08-14	2010-10-29
WALLACE, William	Secretary	1991-10-24	1993-04-30
SWIFT INCORPORATIONS LIMITED	Corporate Nominee Secretary	1991-08-12	1991-10-24
BANNER, John	Director	2013-04-30	2014-10-29
BITTENBENDER, Charles Abbott	Director	2008-02-01	2016-12-14
BROGAN, Michael	Director	2005-03-17	2014-08-31
BULL, Bergen Ira	Director	1991-11-29	1995-08-31
CLOSE, Richard Howard	Director	2001-08-01	2004-12-23
DE CHIARA, Paolo	Director	1995-03-03	1998-03-12
EKLUND, Reginald Ronald	Director	1992-01-09	2006-06-30
FRAZIER, John Phillip	Director	1991-11-29	1992-08-31
FRENTZKO, Brian	Director	2013-04-30	2014-10-09
LEWIS, Geoffrey	Director	1995-09-01	2004-09-25
MATTERN, Jeffrey Charles	Director	2002-05-03	2011-07-29
MOCK, Ralf	Director	2006-08-11	2008-03-13
POLLOCK, David Michael	Director	1991-10-24	1995-03-03
RICKEY, Victoria Lee	Director	2004-12-23	2006-08-10
RICKEY, Victoria Lee	Director	1998-03-12	2001-08-01
SANDS, Francis Harry Thomas	Director	2017-12-21	2020-09-30
SCHILLING, Kenneth Christopher	Director	2012-07-01	2017-12-21
TAYLOR, Suzanne Schulze	Director	2013-04-30	2017-12-21
TRIVETT, Mark Harold	Director	2017-12-21	2023-08-22
VOGT, Carolyn Meacham	Director	2006-02-14	2007-12-31
WILSON, Colin	Director	2006-08-11	2017-12-21
INSTANT COMPANIES LIMITED	Corporate Nominee Director	1991-08-12	1991-10-24

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Hyster-Yale Group Limited	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2016-04-06	Active

Filing timeline

Last 20 of 203 total filings

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

2025-12-19 RESOLUTIONS Resolution
2025-12-18 MA Memorandum articles
2022-12-16 RESOLUTIONS Resolution
2022-03-22 CC04 Statement of companys objects
2022-03-22 MA Memorandum articles
2022-03-22 RESOLUTIONS Resolution

Date	Type	Category	Description
2025-12-19	RESOLUTIONS	resolution	Resolution
2025-12-18	MA	incorporation	Memorandum articles
2025-09-26	AA	accounts	Accounts with accounts type full
2025-06-23	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-10-21	AP01	officers	Appoint person director company with name date	PDF
2024-09-19	AA	accounts	Accounts with accounts type full
2024-06-10	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-10-10	AA	accounts	Accounts with accounts type full
2023-09-13	TM01	officers	Termination director company with name termination date	PDF
2023-06-12	CS01	confirmation-statement	Confirmation statement with updates	PDF
2022-12-20	SH01	capital	Capital allotment shares	PDF
2022-12-19	SH01	capital	Capital allotment shares	PDF
2022-12-16	RESOLUTIONS	resolution	Resolution
2022-10-01	AA	accounts	Accounts with accounts type full
2022-06-14	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-03-22	CC04	change-of-constitution	Statement of companys objects
2022-03-22	MA	incorporation	Memorandum articles
2022-03-22	RESOLUTIONS	resolution	Resolution
2022-01-05	AA	accounts	Accounts with accounts type full
2021-07-01	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 4
Capital events: 0
Officers appointed: 0
Officers resigned: 0

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

-1.8%

£613,592,233 £602,482,663
Cash

+371.1%

£6,988,558 £32,923,024
Net assets

+10.2%

£144,238,904 £158,939,840
Employees

+1.6%

1,062 1,079
Operating profit

-20.5%

£19,619,452 £15,592,926
Profit before tax

-9.8%

£18,801,144 £16,959,085
Wages

+12.8%

£50,656,207 £57,131,588

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

Official Companies House page