UK Companies House feature
ADVANCED ALLOY SERVICES LIMITED
Cash
£1M
+176.7% vs 2023
Net assets
£22M
-0.6% vs 2023
Employees
41
0% vs 2023
Profit before tax
-£101K
-243.9% vs 2023
Profile
- Company number
- 02795535
- Status
- Active
- Incorporation
- 1993-03-03
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 38320
- Hubs
- UK Energy & Climate
Net assets
3-year trend · vs UK Energy & Climate median
Accounts
3-year trend · latest 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £56,716,373 | £52,635,866 | |
| Operating profit | — | £1,253,450 | £795,638 | |
| Profit before tax | — | £69,935 | -£100,623 | |
| Net profit | — | £81,266 | -£99,498 | |
| Cash | — | £382,737 | £1,058,997 | |
| Total assets less current liabilities | — | £22,089,280 | £21,954,657 | |
| Net assets | — | £21,899,165 | £21,765,667 | |
| Equity | £22,034,899 | £21,899,165 | £21,765,667 | |
| Average employees | — | 41 | 41 | |
| Wages | — | £1,598,581 | £1,699,023 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Hawsons Chartered Accountants
- 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Growing uncertainty prior to the US presidential election that delayed some new business into 2025.”
- “Nickel and Cobalt continued a steady decline in pricing during 2024.”
- “High inflation and interest rates did start to reduce during the year and combined with successful refinancing towards the end of the ycar.”
- “The demand for superalloys across different markets is expected to remain strong and the business will continue to invest in additional equipment to increase capacity creating new jobs in the local area.”
- “Focus on ESG credentials continues and is gaining increased prominence from customers, however, in addition to the extensive recycling activities the business continues to reduce its carbon footprint and reliance on fossil fuels via the implementation of solar panels, electric FLT's, EV's, waste reduction and energy monitoring and reduction projects.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
5 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HALL, Stephen John Anthony | Director | 2017-03-09 | Jul 1977 | British |
| ORR, Stuart | Director | 2025-05-29 | Apr 1964 | British |
| ROBINSON, Simon Paul | Director | 2026-01-02 | Sep 1978 | British |
| THOMPSON, Ross Greg | Director | 2025-05-29 | May 1977 | British |
| WEI, Xiaoxin | Director | 2025-05-29 | Mar 1979 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASHTON, Doreen | Secretary | 2006-01-30 | 2019-07-23 |
| FISHER, Alan | Secretary | 1993-03-03 | 2006-01-30 |
| GRAEME, Dorothy May | Nominee Secretary | 1993-03-03 | 1993-03-03 |
| FISHER, Alan | Director | 1993-03-03 | 2019-07-23 |
| GRAEME, Lesley Joyce | Nominee Director | 1993-03-03 | 1994-03-03 |
| JONES, Arthur | Director | 1994-11-24 | 1996-09-19 |
| LAWSON, Barry | Director | 1993-03-03 | 2005-12-31 |
| PRICE, John Bradbury | Director | 1993-03-03 | 2005-12-31 |
| SELLERS, John William | Director | 1993-03-03 | 2005-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Advanced Alloys Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-07-23 | Active |
| Mr Alan Fisher | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2019-07-23 |
Filing timeline
Last 20 of 144 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-01 | CH01 | officers | change person director company with change date |
| 2026-03-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-02-13 | AP01 | officers | appoint person director company with name date |
| 2026-01-30 | AA | accounts | accounts with accounts type full |
| 2025-05-30 | AP01 | officers | appoint person director company with name date |
| 2025-05-30 | AP01 | officers | appoint person director company with name date |
| 2025-05-30 | AP01 | officers | appoint person director company with name date |
| 2025-05-30 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-03-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-21 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-10-17 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-10-03 | AA | accounts | accounts with accounts type full |
| 2024-09-19 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-03-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-12-22 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-10-12 | AA | accounts | accounts with accounts type full |
| 2023-03-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-03-10 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-02-08 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-08-18 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
4.17
SAFE
Altman Z″
- Working capital / Total assets 0.461 × 6.56 = +3.03
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.018 × 6.72 = +0.12
- Book equity / Total liabilities 0.972 × 1.05 = +1.02
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory