ASD WESTOK LIMITED

1. ASD WESTOK LIMITED 2008-03-10 → present
2. WESTOK LIMITED 2002-09-30 → 2008-03-10
3. HAMSARD 2560 LIMITED 2002-07-15 → 2002-09-30

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Rödl & Partner Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company is reliant upon funding from its ultimate parent company, Hierros Añon. The company's going concern basis is dependent on Hierros Añon not seeking repayment of the amounts currently due. Hierros Añon has indicated its intention to continue to make available such funds as are needed by the company. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall for at least next 12 months from the date of approval of these financial statements and therefore have prepared the financial statements on a going concern basis (see note 1).”

Significant events

• “On 07 March 2024 Kloeckner &CO SE completed the sale of part of its European distribution business of which included its UK operations, of which included ASD Westok Ltd to Hierros Anon SA (Hierros Anon) a family owned Spanish steel producer and distributor.”

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

Filings

4

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -9.6%

  £12,318,000 → £11,140,000

• Cash

  —

  Not reported

• Net assets

  +25.9%

  £1,051,000 → £1,323,000

• Employees

  -12%

  83 → 73

• Operating profit

  -146.8%

  -£1,171,000 → -£2,890,000

• Profit before tax

  -143.5%

  -£1,293,000 → -£3,149,000

• Wages

  -13.6%

  £3,550,000 → £3,066,000

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