ARCELORMITTAL MINING UK LIMITED

1. ARCELORMITTAL MINING UK LIMITED 2009-12-01 → present
2. ARCELORMITTAL HOLDINGS SERVICES LIMITED 2007-07-27 → 2009-12-01
3. MITTAL STEEL HOLDINGS SERVICES LIMITED 2004-12-10 → 2007-07-27
4. LNM HOLDINGS SERVICES LIMITED 2002-11-28 → 2004-12-10

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After considering these matters, the directors are satisfied that the Company has adequate resources to continue in operational existence for a period of at least 13 months from the date of approval of the financial statements. Accordingly, the financial statements have been prepared on a going concern basis.”

Significant events

• “Information obtained in relation to an ongoing HMRC transfer pricing audit gave rise to a material provision of £18.9m in the financial statements.”
• “Subsequent to the year end, the Company entered into a share subscription arrangement with its parent undertaking, which provided sufficient funding to meet the anticipated settlement of the HMRC matter and the Company's ongoing working capital requirements.”
• “A settlement proposal based on this methodology was submitted to HMRC on 30 October 2025, together with a payment on account intended to mitigate the accrual of further interest. In December 2025, HMRC responded indicating a higher level of exposure than proposed. Management has reassessed the best estimate of the liability in light of that response and has revised the measurement of the provision by £4.4m in the 2024 financial statements on a prudent basis.”
• “After the balance sheet date, on 3 December 2025, the Company entered into a share subscription agreement pursuant to which ArcelorMittal Mining SA subscribed for additional ordinary shares. Further, in March 2026, the Company approved a separate share subscription by written resolution, pursuant to which an additional £7m of capital was injected, with funds received on 31 March 2026.”

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

Filings

8

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +29%

  £16,667,222 → £21,497,797

• Cash

  -55.5%

  £443,861 → £197,569

• Net assets

  -449%

  £5,011,591 → -£17,492,890

• Employees

  +10.3%

  29 → 32

• Operating profit

  -44.6%

  £2,062,869 → £1,143,335

• Profit before tax

  -24.3%

  £1,653,556 → £1,251,832

• Wages

  +20.2%

  £5,903,557 → £7,097,644

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