PRIMETALS TECHNOLOGIES, LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-08-14 (in 3mo)
Last made up 2025-07-31
Watchouts
None on the register
Cash
£508K
+5.8% vs 2024
Net assets
£405M
-3.5% vs 2024
Employees
256
-2.3% vs 2024
Profit before tax
-£22M
-20.2% vs 2024
Name history
Renamed 2 times since incorporation
- PRIMETALS TECHNOLOGIES, LIMITED 2015-01-07 → present
- INTERNATIONAL METALS TECHNOLOGIES LIMITED 2014-08-05 → 2015-01-07
- IMT JV LIMITED 2014-07-31 → 2014-08-05
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £106,022,000 | £76,325,000 | |
| Operating profit | -£22,930,000 | -£27,513,000 | |
| Profit before tax | -£18,042,000 | -£21,685,000 | |
| Net profit | -£13,476,000 | -£14,006,000 | |
| Cash | £480,000 | £508,000 | |
| Total assets less current liabilities | £421,466,000 | £409,768,000 | |
| Net assets | £419,754,000 | £405,149,000 | |
| Equity | £419,754,000 | £405,149,000 | |
| Average employees | 262 | 256 | |
| Wages | £17,908,000 | £18,355,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -21.6% | -36.0% | |
| Net margin | -12.7% | -18.4% | |
| Return on capital employed | -5.4% | -6.7% | |
| Gearing (liabilities / total assets) | 33.2% | 33.6% | |
| Current ratio | 0.35x | 0.27x | |
| Interest cover | -2.18x | -2.78x |
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
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“For the year ending 31 March 2025, based on their assessment of the Company's financial position, future performance, liquidity and risks, the directors have a good expectation that the Company has adequate resources to continue in operational existence and to meet its liabilities as and when they fall due for at least the next twelve months from the point of signing of these financial statements.”
Group structure
- PRIMETALS TECHNOLOGIES, LIMITED · parent
- Primetals Technologies Czech Republic s.r.o. 100%
- Primetals Technologies Financial Services Limited 100%
- Primetals Technologies Germany GmbH 100%
- Primetals Technologies Japan Ltd. 100%
- Primetals Technologies Korea Limited 100%
- Primetals Technologies Poland Sp.z.o.o. 100%
- Primetals Technologies Ukraine LLC 100%
- Primetals Teknoloji Sanayi ve Ticaret A.Ş. 100%
- Primetals Technologies Austria GmbH 99.99%
- Primetals Technologies Belgium S.A./N.V. 99.99%
- Primetals Technologies Mexico S.R.L. de C.V. 99.97%
- Concast (India) Private Limited 0.01%
- Primetals Technologies India Private Ltd. 0.01%
Significant events
- “No significant events after the reporting year-end requiring adjustment in the financial statements at 31 March 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WALLACE, Paul | Secretary | 2018-04-10 | — | — |
| MATSUDA, Hiroshi | Director | 2023-04-01 | Apr 1962 | Japanese |
| MITA, Yoshihiro | Director | 2026-04-01 | Oct 1974 | Japanese |
| SAKATANI, Koji | Director | 2025-06-01 | Dec 1969 | Japanese |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BECKETT, John Matthew | Secretary | 2018-03-07 | 2018-04-10 |
| HAYES, Nigel | Secretary | 2015-01-08 | 2016-08-23 |
| WESTWOOD, Jonathan | Secretary | 2016-08-23 | 2018-03-01 |
| SISEC LIMITED | Corporate Secretary | 2014-07-31 | 2015-08-04 |
| HIRAI, Etsuro | Director | 2015-01-07 | 2024-03-31 |
| HOSOMI, Kentaro | Director | 2021-07-01 | 2023-03-31 |
| IIJIMA, Satoru | Director | 2018-04-01 | 2025-09-30 |
| IKEDA, Yoshiharu | Director | 2020-09-01 | 2026-03-31 |
| KOJIMA, Kengo | Director | 2019-04-01 | 2021-06-30 |
| NISHI, Ryoichi | Director | 2015-01-07 | 2017-03-31 |
| RÖHRL, Heinrich Maximilian, Dr | Director | 2015-01-07 | 2017-03-31 |
| SCHRAUT, Peter Walter | Director | 2015-01-07 | 2020-06-30 |
| YAMASAKI, Yasukuni | Director | 2014-07-31 | 2019-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Siemens Aktiengesellschaft | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-06-30 | Ceased 2020-03-20 |
| Mitsubishi Heavy Industries, Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-06-30 | Active |
Filing timeline
Last 20 of 84 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-25 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-25 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-03-25 | CAP-SS | insolvency | Legacy | |
| 2026-03-25 | SH20 | capital | Legacy | |
| 2026-03-25 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-08 | AA | accounts | Accounts with accounts type full | |
| 2025-06-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-20 | CH01 | officers | Change person director company with change date | |
| 2024-07-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-15 | AA | accounts | Accounts with accounts type full | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-20 | AA | accounts | Accounts with accounts type full | |
| 2023-06-13 | CH01 | officers | Change person director company with change date | |
| 2023-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-01 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 2
- Officers appointed
- 2
- Officers resigned
- 2
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-28%
£106,022,000 £76,325,000
-
Cash
+5.8%
£480,000 £508,000
-
Net assets
-3.5%
£419,754,000 £405,149,000
-
Employees
-2.3%
262 256
-
Operating profit
-20%
-£22,930,000 -£27,513,000
-
Profit before tax
-20.2%
-£18,042,000 -£21,685,000
-
Wages
+2.5%
£17,908,000 £18,355,000
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