TIMET UK LIMITED
Operating as a subsidiary of Precision Castparts Corp within the Berkshire Hathaway group, the company manufactures titanium and other non-ferrous metal products.
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Cash
£58m
-3.8% vs 2024
Net assets
£290m
+5.5% highest in 3 filed years
Employees
592
+1.2% highest in 3 filed years
Profit before tax
£92m
+111.8% highest in 3 filed years
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-28
| Metric | Trend | 2023-12-31 | 2024-12-29 | 2025-12-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £248,108,000 | £312,962,000 | £354,171,000 | +13.2% | |
| Operating profit | £9,477,000 | £38,484,000 | £86,014,000 | +123.5% | |
| Profit before tax | £14,420,000 | £43,356,000 | £91,840,000 | +111.8% | |
| Net profit | £10,795,000 | £32,330,000 | £68,824,000 | +112.9% | |
| Cash | — | £60,034,000 | £57,766,000 | -3.8% | |
| Total assets less current liabilities | £296,351,000 | £302,059,000 | £319,074,000 | +5.6% | |
| Net assets | £272,372,000 | £275,262,000 | £290,269,000 | +5.5% | |
| Equity | £272,372,000 | £275,262,000 | £290,269,000 | +5.5% | |
| Average employees | 538 | 585 | 592 | +1.2% | |
| Wages | £32,480,000 | £36,109,000 | £38,255,000 | +5.9% | |
| Directors' remuneration | £363,000 | £0 | £550,000 | — | |
| Directors' pension contributions | £9,000 | £0 | £31,000 | — | |
| Highest paid director | £363,000 | £0 | £550,000 | — |
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 | 2024-12-29 | 2025-12-28 |
|---|---|---|---|---|
| Operating margin | 3.8% | 12.3% | 24.3% | |
| Net margin | 4.4% | 10.3% | 19.4% | |
| Return on capital employed | 3.2% | 12.7% | 27.0% | |
| Gearing (liabilities / total assets) | 22.0% | 22.7% | 21.5% | |
| Current ratio | 5.13x | 5.19x | 5.81x |
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 2 times since incorporation
- TIMET UK LIMITED 1996-03-08 → present
- IMI TITANIUM LIMITED 1987-01-16 → 1996-03-08
- ANSON CAST PRODUCTS LIMITED 1954-03-18 → 1987-01-16
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Therefore, the directors have a reasonable expectation that the Company has adequate resources internally, and through its association with PCC, to continue in operational existence for the foreseeable future and as such, the going concern basis has been adopted in preparing the annual report and financial statements.”
Group structure
- TIMET UK LIMITED · parent
- Timet Europe Limited 100%
- Timet Savoie SA 70%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 41 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EDELSTYN, Paul | Secretary | 2013-01-24 | — | — |
| FREEMAN-MASSEY, Janet | Secretary | 2015-10-14 | — | — |
| ARMAGNO, Anna Marie | Director | 2018-08-20 | Dec 1981 | American |
| BEYER, Ruth Ann | Director | 2013-06-01 | Sep 1955 | American |
| HAGEL, Shawn Rene | Director | 2013-01-24 | May 1965 | American |
| MCCARTHY, Stephen David | Director | 2025-04-02 | Dec 1978 | British |
| PUETZ, James Robert | Director | 2021-07-01 | Apr 1962 | American |
Show 41 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ATKINS, Michael Nigel | Secretary | — | 1992-09-30 |
| BURBIDGE, Alan Stanley | Secretary | 1992-10-01 | 1999-06-30 |
| GOODWIN, Mark Gerald | Secretary | 2006-08-21 | 2015-08-31 |
| INGLIS, Bruce Peter | Secretary | 1999-07-01 | 2001-08-07 |
| MUNIR, Kamran | Secretary | 2013-10-01 | 2019-04-30 |
| SCHOFIELD, Ruth Carol | Secretary | 2001-08-08 | 2004-05-07 |
| SMITH, David Jeremy | Secretary | 2004-05-07 | 2006-08-21 |
| ATKINS, Michael Nigel | Director | — | 1992-09-30 |
| BACON, Andrew James | Director | 1992-10-01 | 1996-02-15 |
| BARBER, Anthony Clifford | Director | — | 1996-02-15 |
| BECKER, Roger Paul | Director | 2013-01-24 | 2021-06-30 |
| BLACKMORE, Steven Craig | Director | 2013-01-24 | 2018-07-20 |
| BROUGH, Lee | Director | 2020-05-29 | 2023-05-05 |
| COOKE, Roger Anthony | Director | 2013-01-24 | 2013-06-01 |
| DIMMER, Anthony Charles | Director | 2023-05-05 | 2025-12-22 |
| DIXEY, Andrew Roger | Director | 1995-09-01 | 2000-02-05 |
| ENTREKIN, Charles Henry, Dr | Director | 2001-08-01 | 2002-12-31 |
| FISKEN, Peter | Director | — | 1994-11-25 |
| GIBBONS, Timothy Lloyd | Director | 2013-10-01 | 2015-02-27 |
| GRAHAM, Robert Dennis | Director | 2006-10-13 | 2012-12-20 |
| HACKETT, Steven Glen | Director | 2013-01-24 | 2021-11-05 |
| HADLEY, Brian | Director | — | 1997-11-14 |
| HEGGIE, Douglas Graham | Director | 2000-05-19 | 2007-09-10 |
| HODGES, Ian Sinclair | Director | 2000-02-05 | 2008-05-01 |
| HODGES, Ian Sinclair | Director | 1996-12-17 | 2000-02-05 |
| INGLIS, Bruce Peter | Director | 1997-06-01 | 2001-08-07 |
| LEONHARD, Christian Jean-Michel | Director | 1997-06-01 | 2006-01-30 |
| MARSHALL, Michael | Director | 2016-11-14 | 2019-12-06 |
| MCCARTHY, Stephen David | Director | 2017-11-21 | 2020-05-29 |
| MUSGRAVES, Robert Ernest | Director | 1996-12-17 | 2006-02-28 |
| O'BRIEN, Bobby Darrell | Director | 2006-10-13 | 2012-12-20 |
| PATTEE, Russell Scott | Director | 2013-01-24 | 2018-08-20 |
| POINTON, Raymond Barry | Director | 1994-12-01 | 1996-02-15 |
| ROBERTS, David Gordon | Director | 2001-08-01 | 2013-08-31 |
| SABAPATHY, Paul Chandrasekharan, Cvo Cbe | Director | 1992-09-01 | 1996-02-15 |
| SMITH, Kevin Barry | Director | 2015-10-14 | 2016-08-19 |
| TAMBERLIN, John | Director | — | 1995-02-24 |
| TAYLOR, James Howard | Director | — | 1996-02-15 |
| WALLACE, Mark Alan | Director | 2000-03-17 | 2002-12-31 |
| WALLACE, Mark Alan | Director | 1996-12-17 | 1997-05-31 |
| WESTWOOD, Steven Allen | Director | 2019-12-06 | 2020-05-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pcc Uk Finance Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-11-01 | Active |
| Timet Uk Holding Company Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-11-01 |
Filing timeline
Last 20 of 245 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-06 | AA | accounts | Accounts with accounts type full | |
| 2026-07-10 | CH01 | officers | Change person director company with change date | |
| 2026-02-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-08-25 | AA | accounts | Accounts with accounts type full | |
| 2024-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-20 | AA | accounts | Accounts with accounts type full | |
| 2023-11-20 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-11-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-05-18 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-21 | AA | accounts | Accounts with accounts type full | |
| 2022-04-12 | AA | accounts | Accounts with accounts type full | |
| 2022-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-16 | AA01 | accounts | Change account reference date company previous shortened |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.