WESTINGHOUSE ELECTRIC COMPANY UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-09 (in 1mo)
Last made up 2025-05-26
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£5M
+74.9% vs 2023
Employees
115
+22.3% vs 2023
Profit before tax
£2M
+304.9% vs 2023
Name history
Renamed 1 time since incorporation
- WESTINGHOUSE ELECTRIC COMPANY UK LIMITED 2009-05-13 → present
- WESTINGHOUSE PROJECTS UK LIMITED 2000-05-26 → 2009-05-13
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 | £56,589,000 | £58,533,000 | |
| Operating profit | £1,833,000 | £1,151,000 | |
| Profit before tax | £384,000 | £1,555,000 | |
| Net profit | £300,000 | £1,145,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £2,821,000 | £4,724,000 | |
| Net assets | £2,596,000 | £4,541,000 | |
| Equity | £2,596,000 | £4,541,000 | |
| Average employees | 94 | 115 | |
| Wages | £7,642,000 | £9,219,000 |
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 | 3.2% | 2.0% | |
| Net margin | 0.5% | 2.0% | |
| Return on capital employed | 65.0% | 24.4% | |
| Gearing (liabilities / total assets) | 88.6% | 87.5% | |
| Current ratio | 0.76x | 0.87x | |
| Interest cover | 0.99x | 3.93x |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“WEC UK has received a letter of support from its parent company, WEC Holdings, for the going concern period. The US entity, Westinghouse Electric Company LLC ("WEC LLC"), has provided a letter of support to WEC Holdings and its subsidiaries for the going concern period to enable them to meet their financial obligations should they require any financial support as obligations fall due.”
Group structure
- WESTINGHOUSE ELECTRIC COMPANY UK LIMITED · parent
- Inspection Consultants Limited 100%
Significant events
- “On 9 May 2025, Westinghouse executed an amendment to its external borrowing facility. The capacity on the RCF increased from $300 million to $420 million.”
- “On 7 July 2025, the Abu Dhabi branch commercial license was cancelled and the branch converted into a limited liability company.”
- “On 23 June 2025, Westinghouse Electric Middle East LLC - SPC ("WE Middle East") was registered in Abu Dhabi. WEC UK will invest AED 50,000 into WE Middle East, and will hold 50 shares at a nominal value of AED 1,000.”
- “On 14 July 2025, WEC LLC executed an amendment to its loan agreement with WEC Holdings to increase the loan principal from $150 million to $200 million.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COASTER, Mark David | Director | 2025-01-15 | Dec 1981 | British |
| KOCH, Enrico | Director | 2021-03-03 | Jun 1982 | German |
| PRICENER, Joseph Jay | Director | 2025-01-15 | Dec 1980 | American |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOUGHTON, Fiona Anne | Secretary | 2006-10-16 | 2020-04-30 |
| REID, Colin Stuart | Secretary | 2000-05-26 | 2005-03-14 |
| SHUTTLEWORTH, Alvin Joseph | Secretary | 2005-03-14 | 2006-10-16 |
| ARMER, Kirsty | Director | 2016-06-01 | 2019-07-16 |
| AYLMORE, Linda Mary | Director | 2016-06-01 | 2019-03-15 |
| AYLMORE, Linda | Director | 2008-01-01 | 2010-05-13 |
| BONSER, David | Director | 2009-06-16 | 2011-03-31 |
| CLARKSON, Iain Geoffrey | Director | 2004-01-01 | 2007-12-31 |
| EASTERLING, Richard John | Director | 2021-10-31 | 2024-07-31 |
| FISHER, Diane Louise | Director | 2005-06-13 | 2009-06-16 |
| GORNALL, Michael Robert | Director | 2016-05-20 | 2019-07-16 |
| KIPLING, John | Director | 2016-06-01 | 2019-07-16 |
| KUYLER, Raphael Philip (Ray) | Director | 2021-03-03 | 2025-01-15 |
| MAHLAB, Moshe Adam | Director | 2000-05-26 | 2005-06-01 |
| MARSHALL, Simon John | Director | 2016-06-01 | 2018-01-25 |
| MCCOWEN, Mark | Director | 2016-06-01 | 2016-12-13 |
| MILLS, David | Director | 2018-05-25 | 2019-07-16 |
| NIXON, Brian Eric | Director | 2018-01-25 | 2021-10-31 |
| PASKOV, Alexander | Director | 2019-07-18 | 2019-11-19 |
| PEACOCK, David Spencer | Director | 2016-06-01 | 2018-05-25 |
| POWELL, David James | Director | 2004-01-01 | 2009-06-16 |
| PREST, Gaenor | Director | 2016-06-01 | 2017-07-27 |
| SAUNDERS, Michael Joseph | Director | 2000-05-26 | 2004-01-01 |
| TYNAN, Michael William | Director | 2009-06-16 | 2013-07-15 |
| UNSWORTH, David | Director | 2010-10-12 | 2016-05-27 |
| VAN DER LAAN, Stefan | Director | 2019-11-19 | 2020-06-15 |
| WALKER, Phillip Ross | Director | 2000-05-26 | 2000-05-26 |
| WILLIAMS, Ted | Director | 2000-05-26 | 2003-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Westinghouse Electric Company Llc | Corporate entity | Significant influence | 2016-04-06 | Ceased 2018-08-01 |
| Toshiba Nuclear Energy Holdings (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2018-08-01 |
| Toshiba Corporation | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2018-08-01 |
| Westinghouse Electric Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 135 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-06-06 RESOLUTIONS Resolution
- 2022-06-06 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-04 | AAMD | accounts | Accounts amended with accounts type full | |
| 2024-09-13 | AA | accounts | Accounts with accounts type full | |
| 2024-08-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-01 | AA | accounts | Accounts with accounts type full | |
| 2022-06-06 | RESOLUTIONS | resolution | Resolution | |
| 2022-06-06 | MA | incorporation | Memorandum articles | |
| 2022-05-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-01 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-01 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-01 | AA | accounts | Accounts with accounts type full | |
| 2021-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates |
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
+3.4%
£56,589,000 £58,533,000
-
Cash
—
Not reported
-
Net assets
+74.9%
£2,596,000 £4,541,000
-
Employees
+22.3%
94 115
-
Operating profit
-37.2%
£1,833,000 £1,151,000
-
Profit before tax
+304.9%
£384,000 £1,555,000
-
Wages
+20.6%
£7,642,000 £9,219,000
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