ALTRAD SERVICES LIMITED
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Next accounts due
2026-05-31 (this month)
Last filed for 2024-08-31
Confirmation statement due
2027-03-20 (in 10mo)
Last made up 2026-03-06
Watchouts
None on the register
Cash
£18M
-45.5% vs 2023
Net assets
£48M
+36.4% vs 2023
Employees
—
Average over period
Profit before tax
£47M
+46.8% vs 2023
Name history
Renamed 2 times since incorporation
- ALTRAD SERVICES LIMITED 2021-06-01 → present
- CAPE INDUSTRIAL SERVICES LIMITED 1998-01-01 → 2021-06-01
- CHASETREK LIMITED 1997-03-20 → 1998-01-01
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-08-31
| Metric | Trend | 2023-08-31 | 2024-08-31 |
|---|---|---|---|
| Turnover | £334,065,000 | £486,915,000 | |
| Operating profit | £27,444,000 | £35,784,000 | |
| Profit before tax | £31,899,000 | £46,841,000 | |
| Net profit | £25,039,000 | £37,321,000 | |
| Cash | £33,394,000 | £18,192,000 | |
| Total assets less current liabilities | £133,138,000 | £143,514,000 | |
| Net assets | £34,841,000 | £47,522,000 | |
| Equity | £34,841,000 | £47,552,000 | |
| Average employees | — | — | |
| Wages | — | — |
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 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|
| Operating margin | 8.2% | 7.3% | |
| Net margin | 7.5% | 7.7% | |
| Return on capital employed | 20.6% | 24.9% | |
| Gearing (liabilities / total assets) | 87.8% | 88.9% | |
| Current ratio | 0.91x | 0.57x | |
| Interest cover | 4.49x | 5.07x |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company will continue in operational existence for the going concem period assessed until 30 June 2026, having received a letter of support from Altrad Investment Authority SAS. The directors have reviewed the resources of Altrad Investment Authority SAS and have concluded there is sufficient scope and headroom in its resources to adequately support the Company until 30 June 2026. This has enabled the Company's continued adoption of the going concem basis in preparing its financial statements.”
Group structure
- ALTRAD SERVICES LIMITED · parent
- Altrad York Linings Limited 100%
- MB Engineering Services Limited 100%
- Socar Cape LLC 49%
- Cape International Holdings Pte Limited 10%
Significant events
- “An agreement in principle has been reached to settle the PL3 dispute with Municipal Mutual Insurance Ltd (MMI) for £5.0 million. The settlement will be paid in two instalments: £2.5 million in September 2025 and £2.5 million in September 2026. This has been reflected in the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 40 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GILMORE, Jonathan Paul | Director | 2023-06-13 | Nov 1982 | British |
| SOMERS, Padraig | Director | 2019-06-25 | Aug 1977 | Irish |
| WALSH, John Anthony Meade | Director | 2017-09-20 | Oct 1964 | British |
Show 40 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLAN, Richard Friend | Secretary | 2013-10-01 | 2016-01-11 |
| CRAIGIE, Claire Louise | Secretary | 2003-04-30 | 2008-07-31 |
| GORMAN, Jeremy Philip | Secretary | 2011-03-31 | 2012-05-23 |
| JUDD, Christopher Francis | Secretary | 2012-05-23 | 2013-10-01 |
| PITT-PAYNE, Michael George | Secretary | 1997-04-02 | 1999-05-13 |
| RHODES, Jeremy | Secretary | 2008-07-31 | 2008-10-06 |
| SMITH, Stephen Harry | Secretary | 1999-05-13 | 2003-04-30 |
| TURNER, Lucy Finch | Secretary | 2008-10-06 | 2011-03-31 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1997-03-20 | 1997-04-02 |
| AINLEY, Paul Raymond | Director | 1997-12-05 | 2006-05-25 |
| AMEY, Rachel Nancye | Director | 2008-10-10 | 2013-03-08 |
| BINGHAM, Richard Keith | Director | 2011-06-16 | 2012-11-14 |
| BINGHAM, Richard Keith | Director | 2008-06-01 | 2008-10-10 |
| CARTWRIGHT, Paul Ian | Director | 1997-04-02 | 1998-12-31 |
| CONNOLLY, Brendan Wynne Derek | Director | 2012-03-29 | 2012-06-29 |
| CONNOLLY, James Steven | Director | 2012-04-30 | 2014-03-21 |
| DOWLING, Christopher Bruce | Director | 1997-12-18 | 1998-08-01 |
| GARTSIDE, Jeremy Peter | Director | 1997-12-18 | 2008-08-05 |
| GEORGE, Victoria Anne | Director | 2008-10-10 | 2015-12-31 |
| GILLESPIE, Andrew James | Director | 2005-05-24 | 2008-06-30 |
| GRATTON, Gordon Cameron Paul | Director | 1997-12-18 | 1998-11-01 |
| HICKS, Simon Angus | Director | 2014-07-04 | 2019-06-25 |
| MAY, Martin Keith | Director | 2011-06-16 | 2012-03-29 |
| MAY, Martin Keith | Director | 2006-07-21 | 2008-11-04 |
| MCCABE, David Owen | Director | 2008-06-18 | 2009-05-20 |
| NAVARRA, Stephane | Director | 2014-02-10 | 2014-05-22 |
| OATLEY, Jonathan Mark | Director | 2012-07-05 | 2014-12-31 |
| PITT-PAYNE, Michael George | Director | 1997-04-02 | 2000-04-30 |
| REYNOLDS, Michael Thomas | Director | 1997-12-05 | 2008-05-30 |
| ROBERTS, Steven Paul | Director | 2009-07-01 | 2017-09-20 |
| SHUTTLEWORTH, Richard Peter | Director | 2008-06-18 | 2009-04-07 |
| SKIPP, Richard John | Director | 2013-03-08 | 2013-12-03 |
| SMITH, Stephen Harry | Director | 1999-05-13 | 2003-04-30 |
| SPEAKMAN, Michael James | Director | 2012-12-19 | 2014-08-04 |
| WELSH, John Lawrence Robertson | Director | 2008-06-18 | 2011-11-23 |
| WHITWORTH, Benjamin Warwick | Director | 2005-05-24 | 2008-04-11 |
| WIDDOWSON, Ian Richard | Director | 1998-12-31 | 2003-04-30 |
| CAPE ADMIN 1 LIMITED | Corporate Director | 2015-01-21 | 2018-08-22 |
| CAPE CORPORATE DIRECTOR LIMITED | Corporate Director | 2008-06-01 | 2008-10-10 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1997-03-20 | 1997-04-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cape Intermediate Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 201 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-06-01 RESOLUTIONS Resolution PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-13 | AA | accounts | Accounts with accounts type full | |
| 2025-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-24 | AA | accounts | Accounts with accounts type full | |
| 2024-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-12 | AA | accounts | Accounts with accounts type full | |
| 2023-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-07 | AA | accounts | Accounts with accounts type full | |
| 2022-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-10 | AA | accounts | Accounts with accounts type full | |
| 2021-06-01 | RESOLUTIONS | resolution | Resolution | |
| 2021-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-04 | AA | accounts | Accounts with accounts type full | |
| 2020-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2019-06-25 | TM01 | officers | Termination director company with name termination date | |
| 2019-06-04 | AA | accounts | Accounts with accounts type full | |
| 2019-04-09 | PSC05 | persons-with-significant-control | Change to a person with significant control |
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 2024-08-31 vs 2023-08-31
-
Turnover
+45.8%
£334,065,000 £486,915,000
-
Cash
-45.5%
£33,394,000 £18,192,000
-
Net assets
+36.4%
£34,841,000 £47,522,000
-
Employees
—
Not reported
-
Operating profit
+30.4%
£27,444,000 £35,784,000
-
Profit before tax
+46.8%
£31,899,000 £46,841,000
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