ELG UTICA ALLOYS LIMITED
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Cash
£25K
-39.3% vs 2023
Net assets
£38M
+2.6% vs 2023
Employees
55
-3.5% vs 2023
Profit before tax
£1.2M
-86.6% vs 2023
Net assets
2-year trend · vs Industrials 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 | £70,904,832 | £63,294,538 | -10.7% | |
| Operating profit | £7,502,252 | £536,322 | -92.9% | |
| Profit before tax | £9,355,430 | £1,249,138 | -86.6% | |
| Net profit | £7,568,600 | £945,548 | -87.5% | |
| Cash | £41,825 | £25,395 | -39.3% | |
| Total assets less current liabilities | £36,751,575 | £37,646,589 | +2.4% | |
| Net assets | £36,701,041 | £37,646,589 | +2.6% | |
| Equity | £36,701,041 | £37,646,589 | +2.6% | |
| Average employees | 57 | 55 | -3.5% | |
| Wages | £2,682,997 | £2,674,678 | -0.3% | |
| Directors' remuneration | £378,008 | £441,961 | +16.9% |
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 | 10.6% | 0.8% | |
| Net margin | 10.7% | 1.5% | |
| Return on capital employed | 20.4% | 1.4% | |
| Current ratio | 3.18x | 3.83x | |
| Interest cover | 20.73x | 3.77x |
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 4 times since incorporation
- ELG UTICA ALLOYS LIMITED 2015-07-23 → present
- ABS INDUSTRIAL RESOURCES LIMITED 2001-01-26 → 2015-07-23
- A B S DISTRIBUTION SERVICES LIMITED 1988-01-27 → 2001-01-26
- RAWMARSH PACKAGING LIMITED 1983-07-08 → 1988-01-27
- WHISTON ALLOYS LIMITED 1980-02-01 → 1983-07-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Hawsons Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After due consideration of all relevant factors, preparation of forecasts under different scenarios and the support of the parent company demonstrated in the past, the directors consider that the company will continue to operate within the financial facilities available, and that it is appropriate to prepare the financial statements on a going concern basis.”
Group structure
- ELG UTICA ALLOYS LIMITED · parent
- ABS Alloys and Metals SA (Pty) Limited 100%
- ELG Utica Alloys Singapore PTE. Ltd 100%
Significant events
- “Despite a 10.7% decrease in turnover in 2024, ELG remained profitable due to strategic adjustments and high margins. This decrease in turnover can be attributed to the continuation of falling metal prices after significant increases in 2022. Nickel prices held at their typical levels, maintaining at around $16,500.”
- “Positive developments in ELG's diverse customer base, such as aerospace, provided some stability after years of supply and demand turbulence.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JONES, Andrew | Director | 2006-03-14 | Jul 1966 | British |
| WILKES, Craig | Director | 2021-09-22 | Oct 1973 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BECKETT, Gillian | Secretary | — | 1992-07-31 |
| SHEEHAN, Kevin Joseph | Secretary | 1992-07-31 | 2013-02-28 |
| AYLWARD, Benjamin | Director | — | 2005-05-10 |
| BECKER, Carsten Gustav Susumu | Director | 2023-01-10 | 2024-12-05 |
| BECKETT, Brian Edward | Director | — | 2013-02-28 |
| BECKETT, Gillian | Director | — | 1992-07-31 |
| HANNAM, Richard Andrew | Director | 2011-06-06 | 2018-02-28 |
| HILL, Paul Nicholas | Director | 2007-08-01 | 2009-08-20 |
| JOHNSON, Mark Paul | Director | 2013-02-28 | 2013-09-20 |
| MALLOY, Jason | Director | 2011-12-05 | 2012-07-13 |
| NEEDHAM, Donna Samantha | Director | 2009-08-20 | 2011-09-23 |
| ORLOV, Dimitrij | Director | 2013-02-28 | 2017-10-16 |
| RIDGEWAY, Mark | Director | 2006-03-14 | 2016-05-18 |
| SHEEHAN, Kevin Joseph | Director | — | 2013-02-28 |
| STINSON, Alan | Director | — | 1999-06-30 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 167 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-21 | AA | accounts | Accounts with accounts type full | |
| 2025-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-25 | AA | accounts | Accounts with accounts type full | |
| 2024-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-22 | AA | accounts | Accounts with accounts type full | |
| 2023-01-19 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-10 | AA | accounts | Accounts with accounts type full | |
| 2022-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-06 | AP01 | officers | Appoint person director company with name date | |
| 2021-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-03 | AA | accounts | Accounts with accounts type full | |
| 2020-10-07 | AA | accounts | Accounts with accounts type full | |
| 2020-07-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2020-07-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2020-07-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2020-07-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2020-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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.