WINOA UK LIMITED

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

• Turnover

  -14.6%

  £16,205,783 → £13,838,679

• Cash

  -36%

  £1,146,350 → £733,454

• Net assets

  +7.8%

  £8,119,659 → £8,755,456

  highest in 4 filed years

• Employees

  -33.3%

  9 → 6

  lowest in 4 filed years

• Operating profit

  -28.2%

  £977,838 → £702,434

• Profit before tax

  -23.8%

  £1,168,741 → £890,845

• Wages

  -30.4%

  £534,671 → £371,866

  lowest in 4 filed years

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

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.

1. WINOA UK LIMITED 2022-05-03 → present
2. METABRASIVE LIMITED 1980-07-17 → 2022-05-03
3. NEERFAR LIMITED 1980-02-06 → 1980-07-17

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. WINOA UK LIMITED · parent
   1. Winoa Skandinavien AB 100% · Sweden · distributor of high quality steel and iron abrasives and refined iron

Significant events

• “The outlook for the first half 2025 is poor. The UK manufacturing sector continues to face tough operating conditions and ongoing concerns about weak demand and rising cost pressures leading to deep downturns in output, new orders and employment.”
• “The Autumn budget's changes to the national minimum wage and employer NIC's are driving up inflation fears and intensifying the downturn trend in staff and headcounts.”
• “The structural Steel sector is grappling with fluctuating material costs, prolonged planning approvals and shifting project timelines. There is no shortage of large project opportunities but decision-making continues to be deferred and projects are not being awarded or progressing within normal timescales consistent with the current lower level of business confidence in the UK economy as a whole. It is clear that some companies are choosing to defer capex to mitigate for increased employment costs.”
• “At the start of the year the company was ultimately owned by Blackstone Inc., a company registered in the United States of America. On 4 April 2024, the ultimate controlling party, and ultimate parent, became Sintokogio Ltd., a company registered in Japan and listed on the Tokyo Stock Exchange.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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