VELAN VALVES LIMITED
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Cash
£853k
USD 1,150,957
+10.3% highest in 3 filed years
Net assets
£158m
USD 213,628,902
+1,180.5% highest in 3 filed years
Employees
1
0% vs 2025
Profit before tax
£147m
USD 197,872,731
+281,033.2% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 | 2026-02-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | -£39,288 | -£63,828 | -£652,402 | -922.1% | |
| Profit before tax | £12,029,319 | -£52,185 | £146,604,972 | +281,033.2% | |
| Net profit | £12,014,819 | -£57,482 | £146,567,760 | +255,080.3% | |
| Cash | £749,566 | £772,887 | £852,750 | +10.3% | |
| Total assets less current liabilities | £12,083,991 | £12,415,356 | £157,830,117 | +1,171.2% | |
| Net assets | £12,430,900 | £12,360,794 | £158,278,804 | +1,180.5% | |
| Equity | — | £12,360,794 | £158,278,804 | +1,180.5% | |
| Average employees | 1 | 1 | 1 | 0% | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
Figures converted to GBP from USD at 0.741 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | 2024-02-29 | 2025-02-28 | 2026-02-28 |
|---|---|---|---|---|
| Return on capital employed | -0.3% | -0.5% | -0.4% | |
| Gearing (liabilities / total assets) | -2.5% | 0.9% | -0.2% | |
| Current ratio | 19.74x | 13.98x | — |
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
- VELAN VALVES LIMITED 2000-02-03 → present
- VELAN ENGINEERING COMPANY LIMITED 1954-08-20 → 2000-02-03
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Auditor
- UHY Hacker Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has adequate resources to continue in existence for the foreseeable future and therefore the directors believe that preparing the financial statements on the going concern basis is appropriate.”
Group structure
- VELAN VALVES LIMITED · parent
- Velan GmbH 52.07%
Significant events
- “The Company Velan Valves Limited sold 100% of the share capital and voting rights of its French subsidiaries, Segault SAS and Velan S.A.S., to Framatome SAS, a world leader in nuclear energy, for a purchase price of US$184.1 million (€170 million), with the benefit of the transfer of an intercompany loan of US$24.4 million (€22.5 million), for total consideration to the Company of US$208.5 million (€192.5 million).”
- “Effective 28 March 2025, the Company changed its presentation currency from GBP to USD.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| APEX TRUST CORPORATE LIMITED | Corporate Secretary | 2016-10-28 | — | — |
| ELIPULIKATTU, Thomas | Director | 2024-03-25 | Jul 1985 | Canadian |
| FERNANDES, Martin | Director | 2019-12-16 | Dec 1962 | British |
| WINGERATH, Stefan | Director | 2010-07-15 | Apr 1974 | German |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DEXTER, Alan Edward | Secretary | — | 1999-09-30 |
| LOWE, Brian Thomas, Mr. | Secretary | 2011-09-21 | 2016-10-28 |
| SMITH, Richard Andrew | Secretary | 1999-10-01 | 2011-09-21 |
| BALL, John David | Director | 2005-12-31 | 2022-09-14 |
| FARRELL, Stephen Richard | Director | 2003-12-01 | 2005-12-31 |
| HALL, Brian Philip | Director | 1999-11-22 | 2008-04-21 |
| MAAR, Wolfgang | Director | 2012-02-01 | 2019-12-16 |
| MAAR, Wolfgang | Director | 2006-02-17 | 2008-07-15 |
| NATAF, Emanuel | Director | 2024-02-12 | 2024-03-25 |
| SCOTT, Helen Peebles | Director | — | 2000-03-01 |
| SHARMA, Rishi | Director | 2023-11-30 | 2024-02-12 |
| SMITH, John Graham | Director | — | 2000-03-01 |
| SOSSOYAN, Raffi | Director | 2022-09-14 | 2023-10-13 |
| VELAN, Adolf Karel | Director | — | 2015-12-14 |
| VELAN, Peter Otto | Director | — | 2003-12-01 |
| VELAN, Robert Noel | Director | 2008-08-15 | 2010-08-16 |
| VELAN, Thomas Charles | Director | — | 2018-03-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr David Gwyn Samuel | Individual | Voting 25–50% | 2026-06-15 | Active |
| Mr Stephen John Dent | Individual | Voting 25–50% | 2026-06-15 | Active |
| Mr Thomas Charles Velan | Individual | Significant influence | 2016-04-06 | Ceased 2026-06-15 |
| Mr Ivan Velan | Individual | Voting 25–50% | 2016-04-06 | Ceased 2026-06-15 |
| Mr Peter Velan | Individual | Voting 25–50% | 2016-04-06 | Ceased 2026-06-15 |
Filing timeline
Last 20 of 184 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-13 | AA | accounts | Accounts with accounts type full | |
| 2026-08-05 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-08-05 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-06-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-06-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-06-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-06-08 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-06-08 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-06 | AA | accounts | Accounts with accounts type full | |
| 2024-11-27 | CH01 | officers | Change person director company with change date | |
| 2024-11-27 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-11-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-11-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-18 | AA | accounts | Accounts with accounts type full | |
| 2024-04-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-26 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- 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.