SANDVIK LIMITED
Get an alert when SANDVIK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£111m
+22% highest in 3 filed years
Net assets
£96m
+8.6% vs 2024
Employees
353
-8.1% lowest in 3 filed years
Profit before tax
£8m
+117.4% first positive since 2024
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £192,159,000 | £143,387,000 | £165,265,000 | +15.3% | |
| Operating profit | £12,732,000 | -£48,133,000 | £5,768,000 | +112% | |
| Profit before tax | £14,610,000 | -£45,903,000 | £7,972,000 | +117.4% | |
| Net profit | — | -£44,541,000 | £9,641,000 | +121.6% | |
| Cash | £73,549,000 | £90,645,000 | £110,587,000 | +22% | |
| Total assets less current liabilities | £137,366,000 | £130,174,000 | £136,915,000 | +5.2% | |
| Net assets | £130,949,000 | £88,408,000 | £96,049,000 | +8.6% | |
| Equity | £130,949,000 | £88,408,000 | £96,049,000 | +8.6% | |
| Average employees | 460 | 384 | 353 | -8.1% | |
| Wages | £17,690,000 | £18,946,000 | £17,668,000 | -6.7% | |
| Directors' remuneration | £463,000 | £266,000 | £324,000 | +21.8% | |
| Directors' pension contributions | £25,000 | £27,000 | £16,000 | -40.7% | |
| Highest paid director | £137,000 | £14,000 | £102,000 | +628.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 6.6% | -33.6% | 3.5% | |
| Net margin | — | -31.1% | 5.8% | |
| Return on capital employed | 9.3% | -37.0% | 4.2% | |
| Gearing (liabilities / total assets) | 65.3% | 72.6% | 73.7% | |
| Current ratio | 0.68x | 0.70x | 0.74x | |
| Interest cover | 14.26x | -64.87x | 9.27x |
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
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's forecasts and projections, taking account of reasonably possible changes in performance, show that the Company is able to meet its liabilities as they fall due for at least the next 12 months. Therefore, the Company continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- SANDVIK LIMITED · parent
- Sandvik Osprey Limited 100%
- Sandvik Mining and Construction Limited 100%
- Sandvik Mobile Crushers & Screens Limited 100%
- Sandvik Services Limited 100%
- DSI Underground UK Limited 100%
Significant events
- “During the year the Company acquired the trade, assets and liabilities of a fellow Sandvik UK Group company: DSI Underground UK Limited at book value.”
- “After the year end, a dividend of £53,362,000 was declared by the directors.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PATEL, Dipak | Secretary | 2015-04-28 | — | — |
| GOATER, Nicholas Paul | Director | 2024-03-01 | Jun 1970 | British |
| GOODWIN, Angela Carol | Director | 2025-07-11 | Jul 1981 | British |
| LOPEZ, Javier Guerra | Director | 2023-04-25 | Nov 1977 | Spanish |
| RONNIE, Alison Mary | Director | 2016-02-26 | Nov 1968 | British |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRABHAM, Stephen James, Mr. | Secretary | 1994-12-05 | 2015-04-28 |
| NEVILLE, Gordon Richard | Secretary | — | 1994-12-05 |
| AKERHIELM, Edvard Hans Ludvig, Director | Director | — | 1997-04-01 |
| BENGTSSON, John Ebbe | Director | — | 1992-09-28 |
| BJORKLUND, Anders Gunnar | Director | 1992-09-28 | 2000-12-04 |
| BONEHAM, Brian Stephen | Director | — | 1997-05-23 |
| BOULTON, Joseph Alan | Director | 2008-11-28 | 2016-05-02 |
| ERIKSSON, Per Olof | Director | — | 1994-04-27 |
| GRANAT, Carolina Yvonne | Director | 2018-01-02 | 2020-05-31 |
| HARBON, David Robert | Director | 2020-05-22 | 2024-03-01 |
| HARRIS, Richard | Director | 2018-01-02 | 2021-09-01 |
| HAWORTH, Nigel Paul | Director | 2001-12-05 | 2004-10-01 |
| LARSON, Carl Erik Peter | Director | 2003-12-31 | 2012-03-09 |
| LARSSON, Lars Hakan | Director | 2000-12-04 | 2001-12-05 |
| LAWSON, Scott James | Director | 2018-01-02 | 2022-09-26 |
| LEHNBOM, Peter Lars Gerhard, Mr. | Director | 2014-04-08 | 2016-05-02 |
| MALMGREN HEANDER, Marie Carina | Director | 2004-03-15 | 2007-12-03 |
| MCCULLOCK, Andrew John | Director | 2018-01-02 | 2022-05-31 |
| MONSTER-MIEDEMA, Catharina Petronella | Director | 2013-10-04 | 2014-04-08 |
| NORDBERG, Per Alf Gunnar | Director | 2007-12-03 | 2009-08-28 |
| PALIN, Philip Andrew | Director | 2018-01-02 | 2020-05-22 |
| PETTERSSON, Lars | Director | 1994-04-27 | 2003-12-31 |
| SALMEN, Lars Ola | Director | 2009-12-11 | 2013-10-04 |
| SETTERBERG, Roland | Director | 2001-12-05 | 2003-10-15 |
| SHAIL, David Richard | Director | — | 2000-12-04 |
| STEINHAUSER, Erwin Robert | Director | 2016-05-02 | 2018-01-02 |
| STENSON, Alexander Douglas | Director | 1997-04-01 | 2008-11-14 |
| SUNDH, Kenneth Viktor | Director | 1997-04-01 | 2001-12-05 |
| TAYLOR, Andrew | Director | 2016-05-02 | 2018-01-02 |
| THELIN, Anders Gosta, Mr. | Director | 2012-06-27 | 2013-10-04 |
| WALKER, Michael Harry | Director | 2004-10-01 | 2018-01-02 |
| WHELAN, Eamonn Thomas | Director | 2022-09-26 | 2025-07-11 |
| ZWINKELS, Marcus Franciscus Maria | Director | 2020-05-31 | 2023-04-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sandvik Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 176 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-12-18 RESOLUTIONS Resolution
- 2023-12-18 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-07 | AA | accounts | Accounts with accounts type full | |
| 2026-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-08 | AA | accounts | Accounts with accounts type full | |
| 2025-07-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-09 | AA | accounts | Accounts with accounts type full | |
| 2024-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-18 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-18 | MA | incorporation | Memorandum articles | |
| 2023-11-06 | AA | accounts | Accounts with accounts type full | |
| 2023-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-13 | AA | accounts | Accounts with accounts type full | |
| 2022-09-28 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-27 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-06 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.