OUTOKUMPU STAINLESS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-19 (in 8mo)
Last made up 2026-01-05
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£149M
+1.6% vs 2023
Employees
105
-0.9% vs 2023
Profit before tax
£3M
+180% vs 2023
Name history
Renamed 3 times since incorporation
- OUTOKUMPU STAINLESS LIMITED 2004-01-12 → present
- AVESTAPOLARIT LIMITED 2001-01-29 → 2004-01-12
- AVESTA SHEFFIELD LIMITED 1993-06-25 → 2001-01-29
- ALAGOA LIMITED 1993-02-26 → 1993-06-25
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £118,300,000 | £98,800,000 | |
| Operating profit | -£200,000 | £0 | |
| Profit before tax | £1,000,000 | £2,800,000 | |
| Net profit | £3,500,000 | £1,300,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £151,700,000 | £152,500,000 | |
| Net assets | £146,800,000 | £149,100,000 | |
| Equity | £146,800,000 | £149,100,000 | |
| Average employees | 106 | 105 | |
| Wages | £5,100,000 | £4,900,000 |
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 | -0.2% | 0.0% | |
| Net margin | 3.0% | 1.3% | |
| Return on capital employed | -0.1% | 0.0% | |
| Current ratio | 16.62x | 21.29x | |
| Interest cover | -0.02x | 0.00x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of their detailed assessment of the Company's financial position, the Company's directors have a reasonable expectation that the Company will be able to continue in operational existence for the foreseeable future.”
Significant events
- “On 8 April 2025, the share premium account of Outokumpu Stainless Limited was cancelled and credited to reserves. The Company reduced its capital using the solvency statement procedure under section 642 Companies Act 2006.”
- “On 9 May 2025, a dividend of £38m was paid to the immediate parent company Outokumpu Stainless AB.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 49 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WAUGH, Richard | Secretary | 2009-07-01 | — | British |
| ASSANDRI, Alessio | Director | 2024-09-01 | Mar 1986 | Italian,British |
| MULLER, Jorg | Director | 2023-01-27 | Nov 1979 | German |
| RODRIGO, Philip Paul | Director | 2023-01-27 | May 1967 | British |
| SCHLOTJUNKER, Nadja | Director | 2026-04-22 | Apr 1977 | German |
Show 49 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CROWE, Philip Gerard | Secretary | 1999-02-28 | 2004-01-09 |
| MANNING, Nicholas Hugh | Secretary | 2004-01-09 | 2006-11-01 |
| MOUNTFORD, Frederick Nicholas Guy | Secretary | 1998-07-31 | 1999-02-28 |
| ROBINSON, Ian | Secretary | 1998-02-13 | 1998-07-31 |
| SCAIFE, David Richard | Secretary | 2006-11-01 | 2009-07-01 |
| SPENCER, Geoffrey James | Secretary | — | 1998-01-23 |
| CMH SECRETARIES LIMITED | Corporate Nominee Secretary | 1993-02-26 | 1994-02-26 |
| ABRAHAMSEN, Thorstein | Director | — | 1995-09-26 |
| ALLAN, Jamie | Director | 2003-05-12 | 2008-12-10 |
| ANDERSSON DRUGGLE, Ing Marie | Director | 2005-08-01 | 2006-05-01 |
| BACK, Nils Stig Chrioter | Director | 2004-11-01 | 2005-06-30 |
| BATES, Liam Matthew | Director | 2020-10-01 | 2023-01-03 |
| BEELEY, John | Director | 2009-08-24 | 2018-01-08 |
| BERGMAN, Christer Johan Gustaf | Director | — | 1995-09-26 |
| BLACK, Andrew | Director | 2001-06-22 | 2004-10-27 |
| CHEETHAM, Barrie | Director | 1999-05-21 | 2001-06-22 |
| COLLINS, Timothy Charles | Director | 2017-04-24 | 2018-07-13 |
| COOKE, Roy | Director | 2004-05-01 | 2009-03-31 |
| COOPER, Ian Lyle | Director | 2002-06-28 | 2003-01-24 |
| FAXANDER, Olof | Director | 2004-01-26 | 2006-02-03 |
| FAXANDER, Olof Bertil | Director | 2001-06-22 | 2003-05-16 |
| GABRIEL, David | Director | 1995-09-26 | 1998-01-31 |
| GORMAN, Jeremy James | Director | — | 1997-03-31 |
| GRAHN, Tommy Verner | Director | 2006-05-01 | 2014-09-01 |
| HOLDSWORTH, Ian | Director | 2017-04-24 | 2024-03-31 |
| HOLES, Peter | Director | 2001-06-22 | 2006-02-27 |
| HOMEWOOD, Jonathan Charles | Director | 2018-01-08 | 2021-10-31 |
| KAITUE, Karri | Director | 2003-05-21 | 2004-01-26 |
| KINNA, Alison Jane | Director | 2009-08-24 | 2017-04-26 |
| LYONS, Sean Michael | Director | 1999-02-01 | 2003-01-31 |
| MIKIEWICZ, Martin Grzegorz | Director | 2021-12-01 | 2023-01-03 |
| MOLIN, Per Carl Arne | Director | — | 1997-03-31 |
| NEWBORN, John | Director | 1995-09-26 | 1999-05-21 |
| OLIVER, Neil Hedley | Director | 2013-12-01 | 2017-04-26 |
| PERRINS, Mark Richard | Director | 2003-01-31 | 2012-10-26 |
| PETTIFOR, Stuart Ian | Director | 1997-03-31 | 1999-05-21 |
| QUARMBY, Robert | Director | 2010-03-01 | 2011-09-30 |
| RODRIGO, Philip Paul | Director | 2012-02-01 | 2017-04-26 |
| SCAIFE, David Richard | Director | 2021-12-01 | 2023-01-03 |
| SCAIFE, David Richard | Director | 2010-03-01 | 2017-04-26 |
| SHARP, Jamie John | Director | 2015-06-10 | 2016-04-04 |
| SPENCER, Geoffrey James | Director | — | 1998-01-23 |
| STANSFIELD, John Daniel | Director | 2018-07-13 | 2019-01-31 |
| STANSFIELD, John | Director | 2009-08-24 | 2017-04-26 |
| TAYLOR, Alison Jayne | Director | 2019-01-31 | 2021-12-01 |
| TUUTTI, Kari Juhani | Director | 2014-09-01 | 2020-07-17 |
| WALKER, John David | Director | 1997-03-31 | 1999-02-01 |
| CMH DIRECTORS LIMITED | Corporate Nominee Director | 1993-02-26 | 1994-02-26 |
| CMH SECRETARIES LIMITED | Corporate Nominee Director | 1993-02-26 | 1994-02-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Outokumpu Oyj | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-12-19 | Active |
| Outokumpu Stainless Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, significant-influence-or-control-as-firm | 2016-04-06 | Ceased 2018-12-19 |
Filing timeline
Last 20 of 209 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-09 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-18 | AA | accounts | Accounts with accounts type full | |
| 2025-04-09 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-04-09 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-09 | CAP-SS | insolvency | Legacy | |
| 2025-04-09 | SH20 | capital | Legacy | |
| 2025-01-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-08 | AA | accounts | Accounts with accounts type full | |
| 2024-09-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-09 | AA | accounts | Accounts with accounts type full | |
| 2023-02-08 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-16 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-16 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 2
- Officers appointed
- 1
- 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
-16.5%
£118,300,000 £98,800,000
-
Cash
—
Not reported
-
Net assets
+1.6%
£146,800,000 £149,100,000
-
Employees
-0.9%
106 105
-
Operating profit
+100%
-£200,000 £0
-
Profit before tax
+180%
£1,000,000 £2,800,000
-
Wages
-3.9%
£5,100,000 £4,900,000
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