VOLKERWESSELS UK LIMITED
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Cash
£172M
+16.1% highest in 3 filed years
Net assets
£134M
+5.5% highest in 3 filed years
Employees
3,967
+1.2% highest in 3 filed years
Profit before tax
£48M
+24.4% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC 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 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £1,348,765,000 | £1,433,113,000 | £1,491,399,000 | +4.1% | |
| Operating profit | £37,699,000 | £36,161,000 | £44,144,000 | +22.1% | |
| Profit before tax | £37,723,000 | £38,624,000 | £48,065,000 | +24.4% | |
| Net profit | £15,861,000 | £28,593,000 | £35,619,000 | +24.6% | |
| Cash | £146,975,000 | £148,128,000 | £171,939,000 | +16.1% | |
| Total assets less current liabilities | £151,548,000 | £152,666,000 | — | — | |
| Net assets | £129,437,000 | £127,319,000 | £134,357,000 | +5.5% | |
| Equity | £129,437,000 | £127,319,000 | £134,357,000 | +5.5% | |
| Average employees | 3,690 | 3,919 | 3,967 | +1.2% | |
| Wages | £220,544,000 | £241,972,000 | £262,041,000 | +8.3% | |
| Directors' remuneration | £3,612,000 | £5,236,000 | £5,100,000 | -2.6% |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | 2.8% | 2.5% | 3.0% | |
| Net margin | 1.2% | 2.0% | 2.4% | |
| Return on capital employed | 24.9% | 23.7% | — | |
| Gearing (liabilities / total assets) | 74.8% | 74.8% | 75.7% | |
| Current ratio | 1.05x | 1.34x | 1.43x | |
| Interest cover | 62.52x | 42.59x | 24.23x |
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 5 times since incorporation
- VOLKERWESSELS UK LIMITED 2012-06-01 → present
- VOLKER WESSELS UK LIMITED 2003-03-31 → 2012-06-01
- VOLKER STEVIN (UK) LIMITED 1993-08-28 → 2003-03-31
- VOLKER STEVIN LIMITED 1992-09-22 → 1993-08-28
- VOLKER STEVIN (UK) LIMITED 1980-12-31 → 1992-09-22
- ADRIAAN VOLKER GROUP (UK) LIMITED 1974-07-31 → 1980-12-31
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Given the Group's net current assets position and strength of the forward secured order book, the Directors have a reasonable expectation that the Company and Group has adequate resources to continue in operational existence for 12 months from the date of signing the financial statements (see note 2.3 for further details).”
Group structure
- VOLKERWESSELS UK LIMITED · parent
- VolkerWessels Limited 100%
- VolkerFitzpatrick Limited 100%
- VolkerLaser Limited 100%
- VolkerHighways Limited 100%
- VolkerServices Limited 100%
Significant events
- “The Group's short-term liquidity, as reflected in its net current asset position of £29m (2023: £17m), is also robust and allowed the Group to pay a £29m dividend in the year to its shareholder.”
- “At 31 December 2024 the Group's secured order book stood at £1,513m (2023: £1,343m). The award of SRE-CP7 during 2024 has increased the order book while the progression of the HS2 contract has driven a reduction in the order book during the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COX, John Anthony | Director | 2023-05-17 | Jun 1964 | Irish |
| HARRIS, Anita Suzanne | Director | 2023-05-17 | Oct 1975 | British |
| HINDES, James Richard | Director | 2023-05-17 | Nov 1971 | British |
| LEIJNSE, Richard | Director | 2023-05-17 | Aug 1971 | Dutch |
| OFFORD, Richard Andrew | Director | 2016-09-01 | Sep 1964 | British |
| SUCKLING, Jonathan Mark | Director | 2020-11-11 | Mar 1972 | British |
| VOS, Albert | Director | 2010-01-11 | Nov 1969 | Dutch |
| WOODS, Matthew Gordon | Director | 2015-03-26 | May 1965 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CONNELL, Naomi Anne | Secretary | 2010-01-11 | 2023-07-16 |
| STEVENSON, Frank | Secretary | 1997-09-19 | 2005-11-01 |
| WALLER, Derek | Secretary | 2005-11-01 | 2010-01-11 |
| WARRELL, Mark Raymond | Secretary | — | 1997-09-19 |
| COARD, Charles Walton Richard Romney | Director | — | 1999-03-25 |
| COCLIFF, Stephen Jeffrey | Director | 2016-09-01 | 2024-12-31 |
| CONNELL, Naomi Anne | Director | 2015-03-26 | 2023-07-16 |
| COUPE, Robert Damian | Director | 2017-02-20 | 2020-11-11 |
| DE JONG, Andries Johannes | Director | 2001-05-10 | 2008-12-31 |
| DE PAGTER, Jan Kees | Director | 2009-01-05 | 2009-12-31 |
| DIJKMAN, Wilhelmus Theodorus Johannes | Director | — | 2001-05-10 |
| HOGGARD, Hugh David Wellesley | Director | — | 1995-03-23 |
| HOLTERMAN, Hendrikus Marinus | Director | 2016-09-01 | 2016-12-12 |
| JANSSEN, Hendrik Willem Renier August Maria | Director | 2016-12-12 | 2021-07-01 |
| JANSSEN, Hendrik Willem Renier August Maria | Director | 2002-12-03 | 2016-09-01 |
| LAMPE, Thomas | Director | 2021-07-01 | 2023-05-17 |
| LANSER, Willem Hendrik | Director | — | 1994-05-24 |
| ROBERTSON, Alan Robert | Director | 2008-10-01 | 2023-12-31 |
| SMITH, Michael | Director | 1999-03-25 | 2005-09-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tom Hendrik Holterman | Individual | Shares 25–50% | 2020-11-13 | Active |
| Koninklijke Volkerwessels N.V. | Corporate entity | Shares 75–100% | 2017-05-12 | Ceased 2020-03-16 |
| Super secure | — | Ceased 2025-12-05 | ||
| Super secure | — | Ceased 2020-11-13 | ||
| Super secure | — | Ceased 2020-11-13 | ||
| Super secure | — | Ceased 2017-05-12 | ||
| Super secure | — | Ceased 2017-05-12 | ||
| Super secure | — | Ceased 2016-12-12 | ||
| Super secure | — | Active | ||
| Super secure | — | Active |
Filing timeline
Last 20 of 203 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control without name date | |
| 2025-10-22 | CH01 | officers | Change person director company with change date | |
| 2025-08-28 | AA | accounts | Accounts with accounts type group | |
| 2025-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | AA | accounts | Accounts with accounts type group | |
| 2024-05-30 | CH01 | officers | Change person director company with change date | |
| 2024-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-05 | AA | accounts | Accounts with accounts type group | |
| 2023-07-17 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-07-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-25 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-19 | AA | accounts | Accounts with accounts type group |
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.