KEY PLANT WELDERENTALS LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2023-12-31
Confirmation statement due
2026-03-27
Overdue
Watchouts
Cash
—
Latest balance sheet
Net assets
£8M
+2,488.2% vs 2022
Employees
—
Average over period
Profit before tax
£7M
+6,372.4% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-03-27.
Name history
Renamed 1 time since incorporation
- KEY PLANT WELDERENTALS LIMITED 2025-01-30 → present
- RED-D-ARC (UK) LIMITED 2008-03-13 → 2025-01-30
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2023-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£5,567 | -£8,044 | |
| Profit before tax | -£117,817 | £7,389,954 | |
| Net profit | -£117,817 | £7,389,954 | |
| Cash | — | — | |
| Total assets less current liabilities | £3,371,996 | £7,686,950 | |
| Net assets | £296,996 | £7,686,950 | |
| Equity | £296,996 | £7,686,950 | |
| 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 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Return on capital employed | -0.2% | -0.1% | |
| Current ratio | 0.00x | 1.31x | |
| Interest cover | -0.05x | -0.03x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The new directors have prepared a going concern assessment for a period of 12 months from the date of approval of these financial statements which indicate the company will have sufficient funds to meet its liabilities as they fall due for that period. The directors have taken into account reasonably possible downsides in their forecasts and their analysis indicate that adequate cash will continue to be available. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Group structure
- KEY PLANT WELDERENTALS LIMITED · parent
- Red-D-Arc Limited 100%
Significant events
- “On 29 January 2024, ownership of the company (along with sister companies in the Netherlands and France) changed from L'Air Liquide S.A. to Key Plant Automation Limited at Bode Business Park, Ball Haye Green, Leek. The sale of the company was a stock sale transaction, and all outstanding shares were sold to the buyers. The existing directors resigned on 28 January 2024 and new directors were appointed (see above). Amounts owed to/from Air Liquide and sister Red-D-Arc company in the United States were settled as part of the change in ownership.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVIES, Kevin | Director | 2024-01-29 | Oct 1961 | British |
| DAVIES, Phillipa Jane | Director | 2024-01-29 | Oct 1965 | British |
| GRIGG, Jonathan Ian | Director | 2024-01-29 | Oct 1972 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAILEY, Michael | Secretary | 2021-06-17 | 2024-01-29 |
| LIN, Lola | Secretary | 2016-07-01 | 2021-06-17 |
| YOUNG JR., Robert | Secretary | 2008-03-13 | 2016-07-01 |
| APPOLONIA 111, John Joseph | Director | 2008-07-23 | 2010-06-30 |
| BERGERET, Frederic | Director | 2021-07-31 | 2024-01-29 |
| BROADUS, Charles Edward Jr. | Director | 2015-05-15 | 2015-09-21 |
| DROIN, Nicolas | Director | 2018-06-30 | 2021-07-31 |
| POWERS, Shaun | Director | 2008-03-13 | 2008-07-30 |
| SMYTH, Thomas M | Director | 2008-04-04 | 2018-06-30 |
| STARK, Ronald Joseph, Director | Director | 2010-06-30 | 2015-05-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Key Plant Automation Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2024-01-29 | Active |
| L'Air Liquide S.A. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2024-01-29 |
Filing timeline
Last 20 of 69 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-30 CERTNM Certificate change of name company
- 2025-01-30 CONNOT Change of name notice
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-25 | GUARANTEE2 | other | Legacy | |
| 2026-04-25 | AGREEMENT2 | other | Legacy | |
| 2026-03-30 | AA01 | accounts | Change account reference date company current shortened | |
| 2025-09-26 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-04-07 | AA | accounts | Accounts with accounts type full | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-30 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-01-30 | CONNOT | change-of-name | Change of name notice | |
| 2024-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-16 | AA | accounts | Accounts with accounts type full | |
| 2024-02-08 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-02-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-02-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-08 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-02-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-08 | AA | accounts | Accounts with accounts type full | |
| 2023-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
+2,488.2%
£296,996 £7,686,950
-
Employees
—
Not reported
-
Operating profit
-44.5%
-£5,567 -£8,044
-
Profit before tax
+6,372.4%
-£117,817 £7,389,954
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