ARMITAGE SHANKS LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-03 (in 6mo)
Last made up 2025-10-20
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£31M
+13.4% vs 2023
Employees
287
-3.7% vs 2023
Profit before tax
£4M
+12% vs 2023
Name history
Renamed 2 times since incorporation
- ARMITAGE SHANKS LTD 2015-02-24 → present
- IDEAL STANDARD MANUFACTURING (UK) LIMITED 2005-01-04 → 2015-02-24
- AMERICAN STANDARD MANUFACTURING (UK) LIMITED 2003-08-12 → 2005-01-04
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £25,109,000 | £23,718,000 | |
| Operating profit | £1,488,000 | -£11,000 | |
| Profit before tax | £3,286,000 | £3,679,000 | |
| Net profit | £469,000 | £4,122,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £31,102,000 | £33,078,000 | |
| Net assets | £27,202,000 | £30,850,000 | |
| Equity | £27,202,000 | £30,850,000 | |
| Average employees | 298 | 287 | |
| Wages | £9,706,000 | £10,036,000 |
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 | 5.9% | -0.0% | |
| Net margin | 1.9% | 17.4% | |
| Return on capital employed | 4.8% | -0.0% | |
| Gearing (liabilities / total assets) | 64.3% | 71.2% | |
| Current ratio | 1.32x | 1.27x |
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
- Constantin
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”
Significant events
- “On 29 February 2024 Villeroy & Boch AG acquired all the operating companies within the Ideal Standard Group. The Ideal Standard shares were previously under the management of Anchorage Capital Group and CVC credit. All Ideal Standard Group companies were covered by the transaction, including all UK entities.”
- “The Villeroy & Boch Group shared a proposal to close one tunnel kiln at the Armitage Shanks Ltd site in Staffordshire, potentially impacting 100 employees on 20 August 2025.”
- “The closure will go ahead at the end of 2025, which has resulted in £1,562k of assets being impaired in the 2024 financial statements. There will also be a staff restructuring and clean-up operation as part of this closure to impact 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROLLITS COMPANY SECRETARIES LIMITED | Corporate Secretary | 2025-12-31 | — | — |
| WHITFIELD, Lisa | Director | 2023-05-22 | Aug 1971 | British |
| WHITTAKER, Rachel Anne | Director | 2020-12-01 | Sep 1978 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARRUTHERS, Peter Gilbert | Secretary | 2003-10-01 | 2009-07-21 |
| ELWELL, Joanne Caroline | Secretary | 2009-07-21 | 2025-12-31 |
| ROLLITS COMPANY SECRETARIES LIMITED | Corporate Secretary | 2003-08-12 | 2003-10-01 |
| BARBER, David | Director | 2006-04-10 | 2023-05-22 |
| BOAD, Keith Charles | Director | 2011-08-01 | 2015-12-31 |
| COOPER, Philip Roger | Director | 2003-11-01 | 2011-08-01 |
| EDGE, Jonathan Peter | Director | 2015-12-31 | 2018-12-31 |
| ELWELL, Joanne Caroline | Director | 2010-03-22 | 2024-12-31 |
| EWER, Stephen | Director | 2019-01-01 | 2020-04-17 |
| LEAF, John Michael | Director | 2010-03-22 | 2011-06-30 |
| MCFARLANE, George Macdonald | Director | 2003-10-01 | 2006-04-10 |
| ROUNCE, Stephen John | Director | 2003-10-01 | 2017-12-31 |
| STANDBRIDGE, Brian Malcolm | Director | 2010-03-22 | 2011-04-30 |
| ROLLITS COMPANY FORMATIONS LIMITED | Corporate Director | 2003-08-12 | 2003-10-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ideal Standard (Uk) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 132 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-04 | AA | accounts | Accounts with accounts type full | |
| 2026-01-02 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2026-01-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-10-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-30 | AA | accounts | Accounts with accounts type full | |
| 2024-06-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-06-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-11-06 | AA | accounts | Accounts with accounts type full | |
| 2023-11-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-22 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-10 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2023-01-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-01 | AA | accounts | Accounts with accounts type full | |
| 2021-10-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-14 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
-5.5%
£25,109,000 £23,718,000
-
Cash
—
Not reported
-
Net assets
+13.4%
£27,202,000 £30,850,000
-
Employees
-3.7%
298 287
-
Operating profit
-100.7%
£1,488,000 -£11,000
-
Profit before tax
+12%
£3,286,000 £3,679,000
-
Wages
+3.4%
£9,706,000 £10,036,000
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