CLIMAX MOLYBDENUM U.K. LIMITED
Get an alert when CLIMAX MOLYBDENUM U.K. LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£1.5M
+23.8% vs 2023
Net assets
£24M
+6.5% vs 2023
Employees
81
+3.8% vs 2023
Profit before tax
£2.4M
-13.5% vs 2023
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £25,002,000 | £19,564,000 | -21.8% | |
| Operating profit | £2,173,000 | £1,789,000 | -17.7% | |
| Profit before tax | £2,800,000 | £2,422,000 | -13.5% | |
| Net profit | £2,111,000 | £1,778,000 | -15.8% | |
| Cash | £1,223,000 | £1,514,000 | +23.8% | |
| Total assets less current liabilities | £22,014,000 | £23,507,000 | +6.8% | |
| Net assets | £22,172,000 | £23,605,000 | +6.5% | |
| Equity | £22,172,000 | £23,605,000 | +6.5% | |
| Average employees | 78 | 81 | +3.8% | |
| Wages | £3,241,000 | £3,161,000 | -2.5% | |
| Directors' remuneration | £247,000 | £277,000 | +12.1% |
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 |
|---|---|---|---|
| Operating margin | 8.7% | 9.1% | |
| Net margin | 8.4% | 9.1% | |
| Return on capital employed | 9.9% | 7.6% | |
| Gearing (liabilities / total assets) | 13.1% | 12.3% | |
| Current ratio | 6.15x | 6.28x | |
| Interest cover | 46.23x | 36.51x |
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.
Name history
Renamed 1 time since incorporation
- CLIMAX MOLYBDENUM U.K. LIMITED 1988-12-01 → present
- MINWORTH METALS HOLDINGS LIMITED 1940-02-28 → 1988-12-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis as the Company's parent undertaking Freeport-McMoRan Inc. has confirmed that it will provide such financial support and other support as necessary to enable the Company to meet its liabilities for the Review Period.”
Significant events
- “The Company continues to invest in support of more efficient operations with a particular emphasis on safety and environment. The directors were particularly pleased to note the recognition of our continuous improvement efforts, with the Company receiving a twelfth successive President's gold medal award from the Royal Society for the Prevention of Accidents.”
- “The Company's investment in an on-site solar power unit to reduce future carbon emissions and support and manage energy costs going forward will come into operation in 2025.”
- “Under the UK Pensions Act and Regulation requirements, a court case outcome on 16 June 2023 involving Virgin Media revealed potential challenges with other previously contracted-out defined benefit schemes in the UK... In a decision handed down on 25 July 2024, the court dismissed the appeal...”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| IRWIN MITCHELL SECRETARIES LIMITED | Corporate Secretary | 2013-04-30 | — | — |
| ARMOUR, Alan Weir, Dr | Director | 1995-02-01 | Jul 1948 | British |
| HOOSON, Marion Louise | Director | 2019-11-20 | Aug 1962 | British |
| KENDRICK, Michael Jeffrey | Director | 2015-02-04 | Mar 1960 | American |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FEENEY, Helen Gertrude Mccall | Secretary | — | 1993-12-31 |
| JONES, Gordon Richard | Secretary | — | 1998-04-24 |
| SANKEY-BARKER, Patric John Randle | Secretary | 1998-04-24 | 2006-06-08 |
| STAPLETON, John Nicholas | Secretary | 2006-06-08 | 2013-04-30 |
| ALBERTSEN, Mark William | Director | 2013-04-16 | 2013-10-01 |
| AMMON, Marcus James | Director | 2009-05-21 | 2013-04-16 |
| BARTLETT, Dennis Michael | Director | 2000-05-24 | 2003-05-14 |
| CLARK, George William | Director | — | 1997-07-09 |
| CLEVENGER, Jeff | Director | 1997-05-19 | 2000-03-05 |
| COOKE, Raymond Joseph | Director | — | 1993-12-31 |
| DAINTY, Douglas Horbury | Director | — | 1995-01-31 |
| FEENEY, Helen Gertrude Mccall | Director | — | 1993-12-31 |
| GLASGOW, Gary Allen | Director | 2008-02-28 | 2009-05-21 |
| GREETHAM, Stanley | Director | 1997-02-18 | 2005-12-31 |
| JONES, Gordon Richard | Director | — | 1998-04-24 |
| KRAUSS, Philip David | Director | 1995-09-13 | 1996-10-23 |
| MENZER, Frederick | Director | 2006-01-09 | 2008-02-28 |
| PETERS, Kevin Roy | Director | 2013-10-01 | 2018-01-19 |
| SANKEY-BARKER, Patric John Randle | Director | 1998-04-24 | 2006-05-26 |
| THORNTON, David Hugh | Director | 2002-05-28 | 2015-02-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ametalco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 147 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-02 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-03 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-10-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-21 | AA | accounts | Accounts with accounts type full | |
| 2023-12-29 | AA | accounts | Accounts with accounts type full | |
| 2023-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-04 | AA | accounts | Accounts with accounts type full | |
| 2022-10-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-26 | CH01 | officers | Change person director company with change date | |
| 2021-12-16 | AA | accounts | Accounts with accounts type full | |
| 2021-10-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-22 | AA | accounts | Accounts with accounts type full | |
| 2020-10-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-01-30 | AP01 | officers | Appoint person director company with name date | |
| 2019-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-08 | AA | accounts | Accounts with accounts type full | |
| 2018-10-18 | 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.