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Cash

£15m

+159.6% highest in 3 filed years

Net assets

£476m

+253.8% highest in 3 filed years

Employees

85

+9% highest in 3 filed years

Profit before tax

£541m

+2,943.9% highest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover —£11,757,000£9,729,000 -17.2%
Operating profit -£568,000£30,047,000£531,689,000 +1,669.5%
Profit before tax -£5,869,000£17,775,000£541,052,000 +2,943.9%
Net profit -£5,521,000£17,679,000£540,988,000 +2,960.1%
Cash £11,975,000£5,771,000£14,980,000 +159.6%
Total assets less current liabilities -£13,258,000£294,042,000£477,274,000 +62.3%
Net assets -£69,652,000£134,649,000£476,331,000 +253.8%
Equity -£69,652,000£134,649,000£476,331,000 +253.8%
Average employees 687885 +9%
Wages £6,688,000£9,356,000£10,330,000 +10.4%
Directors' remuneration —£569,000£845,000 +48.5%
Directors' pension contributions —£57,000£43,000 -24.6%
Highest paid director —£370,000£412,000 +11.4%

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 2023-12-312024-12-312025-12-31
Net margin —150.4%—
Return on capital employed —10.2%111.4%
Gearing (liabilities / total assets) 106.9%82.1%—
Current ratio 0.43x0.52x0.21x
Interest cover -0.02x0.93x27.69x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 3 times since incorporation

  1. DONCASTERS LIMITED 1996-12-13 → present
  2. INCO ENGINEERED PRODUCTS PLC 1986-04-01 → 1996-12-13
  3. INCO ALLOY PRODUCTS LIMITED 1982-04-08 → 1986-04-01
  4. DANIEL DONCASTER & SONS LIMITED 1936-12-17 → 1982-04-08

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic.”

Group structure

  1. DONCASTERS LIMITED · parent
    1. Ivostud (Tianjin) Welding Equipment Company Limited · China · Trading company
    2. Ivostud GmbH · Germany · Trading company
    3. Ivostud LLC · United States · Trading company
    4. Ivostud Mexico SA de CV · Mexico · Trading company
    5. Ivostud SAS · France · Trading company
    6. Certified Alloy Products Inc · United States · Trading company
    7. Deritend International Limited · United States · Trading company
    8. Doncasters Inc · United States · Trading company
    9. Doncasters US Fabrications Inc · United States · Trading company
    10. Erie Bolt Corporation · United States · Trading company
    11. Ross & Catherall Limited · United Kingdom · Trading company
    12. Southern Tool LLC · United States · Trading company
    13. Trucast (Europe) Limited · United Kingdom · Trading company
    14. Trucast (North America) LLC · United States · Dormant company
    15. Trucast de Mexico SA de CV · Mexico · Trading company
    16. Trucast Limited · United Kingdom · Trading company
    17. Trucast LLC · United States · Trading company
    18. Doncasters Blaenavon Limited · United Kingdom · Holding company
    19. Doncasters UK Finance Limited · United Kingdom · Holding company
    20. Doncasters US 2 LLC · United States · Holding company
    21. Doncasters US Holdings 2018 Inc · USA · Holding company
    22. Triplex Lloyd Limited · United Kingdom · Holding company
    23. Doncasters US LLC · United States · Financing company
    24. Cranford 1040 Limited · United Kingdom · Dormant company
    25. Cranford 1041 Limited · United Kingdom · Dormant company
    26. Daniel Doncaster & Sons Limited · United Kingdom · Dormant company
    27. Deritend Lloyd Pension Trustees Limited · United Kingdom · Dormant company
    28. Doncasters UK Holdings Limited · United Kingdom · Dormant company
    29. Dynamic Casting Company SA de CV · Mexico · Dormant company
    30. E. D. H. Limited · United Kingdom · Dormant company
    31. Triplex Lloyd Building Products Limited · United Kingdom · Dormant company
    32. Triplex Lloyd Nominees Limited · United Kingdom · Dormant company
    33. Triplex Lloyd Pensions Management Limited · United Kingdom · Dormant company
    34. Unipol Group Holdings Limited · British Virgin Islands · Holding company
    35. Unipol Holdings Limited · United Kingdom · Holding company
    36. Polycast International Limited · United Kingdom · Trading company
    37. Jiangyin Uni-pol Co Limited · China · Trading company
    38. Polycast Limited · United Kingdom · Trading company
    39. Jiangyin Uni-pol Vacuum Casting India Pvt Limited · India · Trading company
    40. UPM Casting S.A. de C.V. · Mexico · Trading company
    41. Obras y Desarrollos Inteligentes SAPI de CV · Mexico · Trading company
    42. Doncasters Precision Castings India Private Limited · India · Holding Company
    43. Doncasters Structural Castings de Mexico S de RL de CV · Mexico · Dormant company

Significant events

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

People

2 active · 53 resigned

Name Role Appointed Born Nationality
EGAN, David John Director 2024-07-04 Dec 1967 British
QUINN, Michael Joseph Director 2020-03-13 Sep 1968 Irish
Show 53 resigned officers
Name Role Appointed Resigned
BARRETT-HAGUE, Helen Secretary 2022-03-23 2024-03-08
BARRETT-HAGUE, Helen Secretary 2021-09-28 2022-03-03
JACKSON, Howard Watson Secretary 2002-02-04 2011-10-20
MOLYNEUX, Ian Secretary 2011-10-20 2021-09-28
RICHMOND, Robin Secretary 1998-01-30 1998-09-22
TILLEY, Michael John Secretary 1998-09-22 2002-02-04
TILLEY, Michael John Secretary — 1998-01-30
ASTON, Stephen Mark Director 2002-11-11 2004-12-06
BABESTER, Michael James Director 2014-07-31 2018-06-01
BAKOS, Frank Robert Director 1997-03-01 1998-03-31
BARRETT-HAGUE, Helen Director 2022-03-23 2024-03-08
BARRETT-HAGUE, Helen Director 2021-09-28 2022-03-03
BOYCE, Kevin Anthony Gordon Director 1995-09-20 1996-11-15
BULL, George Director 1999-01-27 2001-09-28
CLOWES, Paul John Director 2014-07-02 2019-06-12
DILLAMORE, Ian Leslie Director — 2000-03-22
ELLIS, William Michael Director 2009-03-31 2011-10-31
GIFFIN, David Ronald Director 2001-07-03 2004-02-26
GREGSON, Henry William Director 2001-07-03 2004-02-26
HINKS, Duncan Andrew Director 2011-10-31 2019-03-27
JACKSON, Howard Watson Director 2004-07-30 2011-10-20
JESRAI, Tariq Director 2012-06-01 2015-12-16
KAYSER, Michael Arthur Director 2001-10-04 2002-09-08
LENG, James William Director 2001-08-03 2003-06-09
LEWIS, Eric James Director 2001-01-31 2009-03-31
LIVERMORE, David John Director 1998-01-30 2001-07-03
LUBEK, Karol Antoni Jozef Director 2010-03-25 2014-04-30
LUCKETT, Nigel Frederick Director 1996-11-15 2001-07-03
MAGUID, Tarek Director 2010-06-24 2011-10-31
MARTLE, Simon David Director 2020-09-01 2023-08-01
MAUSS, Christopher Raoul Auguste Director 2016-03-23 2017-05-21
MCDOUGALL, Ian Director 1996-11-15 2001-07-03
MOLYNEUX, Ian Director 2012-03-29 2021-09-28
NEALE, Michael Cooper Director — 1993-03-31
NICHOLAS, Michael Rees Director 1996-11-15 1998-12-31
OXNARD, Lisa Marie Director 2018-12-17 2020-03-13
REES, Ralph Phillip Vinson Director 1998-01-30 2001-07-03
ROBB, John William Director 1993-04-01 —
ROBB, John William Director — 2001-07-03
ROBSON, Neil Jonathan Director 2019-11-18 2020-03-16
SCHOFIELD, Alistair John Director 2010-03-25 2011-12-16
SCHURCH, Michael John Director 2004-12-06 2016-03-23
SELLARS, William Director — 1992-12-31
SICKMAN, William Director 2011-10-31 2012-04-30
SIMM, David Director 1996-11-15 2001-04-19
SMOOT, David Madison Director 2016-03-23 2019-02-28
STEPHEN, David Director 1991-12-02 1995-09-20
STEVENSON, James Albert Director — 1996-11-15
THOMAS, Michael Anthony Director 2019-11-18 2020-03-06
WARD, Simon Anthony Director 2019-11-18 2022-01-25
WESTALL, Raymond William Director — 1996-03-31
WHITEHOUSE, David Ian Director 2012-10-18 2014-07-31
WHITEHOUSE, David Ian Director 2010-03-25 2010-06-24

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Dundee Holdco 3 Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-12-24 Active
Dundee Holdco 4 Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2025-12-24

Filing timeline

Last 20 of 554 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-12-23 RESOLUTIONS Resolution
  • 2025-06-24 RESOLUTIONS Resolution
  • 2025-06-19 RP04SH01 Legacy PDF
Date Type Category Description
2026-10-01 AA accounts Accounts with accounts type full
2026-05-28 CS01 confirmation-statement Confirmation statement with updates PDF
2026-05-08 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2026-05-07 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-12-29 SH01 capital Capital allotment shares PDF
2025-12-23 SH19 capital Capital statement capital company with date currency figure
2025-12-23 SH20 capital Legacy
2025-12-23 CAP-SS insolvency Legacy
2025-12-23 RESOLUTIONS resolution Resolution
2025-10-28 MR04 mortgage Mortgage satisfy charge full
2025-10-28 MR04 mortgage Mortgage satisfy charge full
2025-10-28 MR04 mortgage Mortgage satisfy charge full
2025-10-28 MR04 mortgage Mortgage satisfy charge full
2025-10-28 MR04 mortgage Mortgage satisfy charge full
2025-07-14 AA accounts Accounts with accounts type full
2025-06-24 RESOLUTIONS resolution Resolution
2025-06-20 CAP-SS insolvency Legacy
2025-06-19 RP04SH01 change-of-name Legacy PDF
2025-06-02 CS01 confirmation-statement Confirmation statement with updates PDF
2025-05-21 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
14

last 12 months

Capital events
3

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.

Official Companies House page