W. CORBETT & CO. (GALVANIZING) LIMITED

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-12-19 (in 7mo)

Last made up 2025-12-05

Watchouts

None on the register

Cash

£81K

-1.8% vs 2023

Net assets

£4M

-0.6% vs 2023

Employees

100

+8.7% vs 2023

Profit before tax

£75K

-79.7% first positive since 2022

Net assets

7-year trend · vs Industrials median

W. CORBETT & CO. (GALVANIZING) LIMITED·Industrials median · n=22756

Accounts

7-year trend · latest reflected 2024-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31
Turnover	—	£10,788,922	£8,031,061	£9,474,386	£11,931,564	£12,238,180	£12,224,026
Operating profit	—	-£61,572	-£114,669	-£679,902	£191,673	£729,929	£458,254
Profit before tax	—	-£362,706	-£389,948	-£968,161	-£141,326	£369,435	£74,851
Net profit	—	-£296,821	-£475,346	-£897,448	-£82,134	£154,175	-£24,201
Cash	—	£5,865	£677	£3,585	£62,958	£82,860	£81,357
Total assets less current liabilities	—	£7,823,814	£7,474,006	£6,924,074	£6,846,980	£8,287,665	£8,247,155
Net assets	—	£5,289,613	£4,814,267	£3,956,323	£3,874,189	£4,028,364	£4,004,163
Equity	£5,586,434	£5,289,613	£4,814,267	£3,956,323	£3,874,189	£4,028,364	£4,004,163
Average employees	—	108	79	83	79	92	100
Wages	—	£2,751,401	£2,253,580	£2,504,432	£2,768,176	£3,129,608	£3,116,325
Directors' remuneration	—	—	—	£77,830	£72,500	£11,967	£84,217

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

-0.1%

£12,238,180 £12,224,026
Cash

-1.8%

£82,860 £81,357
Net assets

-0.6%

£4,028,364 £4,004,163
Employees

+8.7%

92 100
Operating profit

-37.2%

£729,929 £458,254

first positive since 2021
Profit before tax

-79.7%

£369,435 £74,851

first positive since 2022
Wages

-0.4%

£3,129,608 £3,116,325

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31
Operating margin	—	-0.6%	-1.4%	-7.2%	1.6%	6.0%	3.7%
Net margin	—	-2.8%	-5.9%	-9.5%	-0.7%	1.3%	-0.2%
Return on capital employed	—	-0.8%	-1.5%	-9.8%	2.8%	8.8%	5.6%
Current ratio	—	—	—	—	—	2.26x	1.96x
Interest cover	—	-0.20x	-0.42x	-2.36x	0.58x	2.02x	1.20x

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

W. CORBETT & CO. (GALVANIZING) LIMITED 1997-01-14 → present
W.CORBETT & CO (WELLINGTON) LIMITED 1951-01-12 → 1997-01-14

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Consolidated group
Abridged: Yes — abridged accounts (limited disclosure)
Auditor: PM+M Solutions for Business LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. This conclusion assumes the continued provision of the existing invoice discounting facility, extended to August 2027. The auditor's report states no material uncertainties relating to events or conditions that may cast significant doubt on the company's ability through to September 2026.”

Significant events

“In 2024, the UK galvanizing industry experienced a steady rebound, driven by infrastructure investment and buoyant labour market. Client demand remains strong with a 3-4% growth rate predicted for 2025. Company secured energy pricing till Q3 2026 and stocks with fixed pricing. Regulatory compliance and technological disruption are ongoing risks. Prior year included a provision for waste disposal and a prior year adjustment for HMRC outstanding amount (£84,264) which resulted in late payment penalties, since cleared.”

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

People

3 active · 14 resigned

Name	Role	Appointed	Born	Nationality
DODWELL, Andrew Nicholas	Director	2020-06-10	Dec 1962	British
MAKOFKA, Kyle	Director	2023-01-27	Feb 1973	Canadian
STEPHENSON, Mark	Director	2023-10-26	Aug 1988	British

Show 14 resigned officers

Name	Role	Appointed	Resigned
CORBETT, Elizabeth Joy	Secretary	—	2005-12-06
RAI, Baksho Kaur	Secretary	2005-12-06	2017-04-07
BEASLEY, David Aubrey	Director	2006-04-01	2008-10-15
CORBETT, Barbara Avril Mansure	Director	—	1993-08-25
CORBETT, Elizabeth Joy	Director	—	2005-03-05
CORBETT, Howard Stanley	Director	—	1995-01-16
CORBETT, Richard Edward	Director	—	2005-12-06
RAI, Ajmer Singh	Director	1995-01-16	2017-04-07
RAI, Baksho Kaur	Director	2003-11-20	2017-04-07
RAI, Jorowar Singh	Director	2000-10-12	2003-10-08
STATHAM, Mark	Director	2008-06-13	2013-02-12
WARD, Timothy	Director	2011-08-23	2020-02-24
WARD, Timothy	Director	2005-03-05	2008-06-02
WILLIAMS, Sophie Louise	Director	2012-10-02	2022-11-11

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Aghoco 1507 Limited	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2017-04-07	Active
Mr Ajmer Singh Rai	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2017-04-07
Mrs Baksho Kaur Rai	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2017-04-07

Filing timeline

Last 20 of 162 total filings

Date	Type	Category	Description
2025-12-05	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-09-18	AA	accounts	Accounts with accounts type full	PDF
2024-12-05	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-11-08	AD02	address	Change sail address company with old address new address	PDF
2024-11-07	AD03	address	Move registers to sail company with new address	PDF
2024-09-30	AA	accounts	Accounts with accounts type full	PDF
2023-12-11	CS01	confirmation-statement	Confirmation statement with updates	PDF
2023-12-11	AP01	officers	Appoint person director company with name date	PDF
2023-09-29	AA	accounts	Accounts with accounts type full	PDF
2023-07-07	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2023-05-24	AA	accounts	Accounts with accounts type full
2023-02-01	AP01	officers	Appoint person director company with name date	PDF
2022-12-12	CS01	confirmation-statement	Confirmation statement with updates	PDF
2022-12-06	TM01	officers	Termination director company with name termination date	PDF
2022-08-24	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2021-12-14	CS01	confirmation-statement	Confirmation statement with updates	PDF
2021-09-06	AA	accounts	Accounts with accounts type full	PDF
2021-01-07	AA	accounts	Accounts with accounts type full
2020-12-17	AD02	address	Change sail address company with old address new address	PDF
2020-12-16	CS01	confirmation-statement	Confirmation statement with updates	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 2
Capital events: 0
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page