VOESTALPINE METSEC PLC
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Cash
—
Latest balance sheet
Net assets
£19m
Equity attributable
Employees
383
Average over period
Profit before tax
£21m
Period ending 2024-03-31
Net assets
1-year trend · vs Basic Materials median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £114,014,000 | — | |
| Operating profit | £21,536,000 | — | |
| Profit before tax | £21,483,000 | — | |
| Net profit | £16,558,000 | — | |
| Cash | — | — | |
| Total assets less current liabilities | £22,898,000 | — | |
| Net assets | £18,897,000 | — | |
| Equity | £18,897,000 | — | |
| Average employees | 383 | — | |
| Wages | £16,417,000 | — | |
| Directors' remuneration | £537,000 | — | |
| Directors' pension contributions | £13,000 | — | |
| Highest paid director | £327,000 | — |
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 —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 |
|---|---|---|
| Operating margin | 18.9% | |
| Net margin | 14.5% | |
| Return on capital employed | 94.1% | |
| Gearing (liabilities / total assets) | 74.2% | |
| Current ratio | 1.10x | |
| Interest cover | 8.46x |
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 3 times since incorporation
- VOESTALPINE METSEC PLC 2014-10-01 → present
- METSEC PLC 1985-10-31 → 2014-10-01
- METAL SECTIONS LIMITED 1981-12-31 → 1985-10-31
- PINEDOWN LIMITED 1981-03-20 → 1981-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Dains Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors note the company's net current liability position at the balance sheet date, which is due to dividend distributions and group cash pooling. They are satisfied that the company maintains adequate liquidity headroom and access to sufficient funding. Thus, the financial statements are prepared on a going concern basis.”
Group structure
- VOESTALPINE METSEC PLC · parent
- Metal Sections Limited 100%
Significant events
- “On 30 June 2026, the directors recommended the payment of a final dividend for the year 2026 of £8,600,000, which was paid on 30 June 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Kelly Louise | Secretary | 2020-11-28 | — | — |
| BAUMGARTNER, Thomas | Director | 2010-01-01 | Oct 1981 | Austrian |
| FELDERER, Günther | Director | 2012-04-23 | Sep 1965 | Austrian |
| HASSAN, Maged | Director | 2026-04-01 | Jun 1990 | British |
| RESCH, Juergen | Director | 2019-07-01 | Jul 1966 | Austrian |
| RICE, Andrew James | Director | 2026-04-01 | May 1966 | British |
| RICHTER, Carola Ruth, Dr. | Director | 2024-04-01 | May 1973 | German |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ATKINS, Michael Nigel | Secretary | 1993-02-26 | 2002-07-08 |
| BIDDULPH, Charisse Mignon | Secretary | 2009-10-01 | 2011-03-17 |
| HUDSON, Trevor | Secretary | — | 1993-02-26 |
| LEGGETT, David Charles | Secretary | 2011-03-17 | 2020-11-28 |
| LUM, Derek | Secretary | 2002-07-08 | 2006-10-20 |
| SANDEL, Alice Marie | Secretary | 2006-10-20 | 2009-09-30 |
| ANDREWS, James Erle | Director | 2001-05-16 | 2012-12-31 |
| ATKINS, Michael Nigel | Director | 1993-02-26 | 2002-07-08 |
| DODD, Kenneth David | Director | — | 1995-12-31 |
| EIBENSTEINER, Herbert | Director | 2000-06-01 | 2014-10-01 |
| HAGGETT, David Stephen | Director | — | 1998-07-22 |
| HIRSCHMANNER, Franz Peter | Director | 1999-04-01 | 2000-04-01 |
| HIRST, Keith Ronald | Director | — | 2001-05-01 |
| JEAVONS, David George | Director | — | 2002-01-31 |
| LEGGETT, David Charles | Director | 2009-04-01 | 2020-11-28 |
| LUM, Derek | Director | — | 2006-10-20 |
| MCKINLAY, James | Director | — | 1995-12-18 |
| PUNZ, Helmut, Doctor | Director | 2005-04-28 | 2019-06-30 |
| RADCLIFFE, Mark Hugh Joseph | Director | 1993-03-08 | 1998-07-22 |
| REICHMANN, Gerald | Director | 2003-08-12 | 2009-12-31 |
| RICHARDSON, Neil Alwyn | Director | 2010-08-01 | 2026-03-31 |
| SCHNAUBELT, Peter | Director | 1998-08-22 | 2000-06-30 |
| SCHWAB, Peter | Director | 2014-10-01 | 2024-03-31 |
| SPREITZER, Wolfgang | Director | 1998-08-22 | 2013-03-31 |
| TAYLOR, John Kenneth | Director | 1998-01-28 | 1999-06-10 |
| TILSLEY, Stephen Robert | Director | — | 2008-06-30 |
| WALLIS, Michael | Director | — | 1993-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Voest Alpine Krems Uk Plc | Corporate entity | Shares 75–100% | 2017-05-20 | Active |
Filing timeline
Last 20 of 210 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-12-12 MA Memorandum articles
- 2022-12-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-13 | AA | accounts | Accounts with accounts type full | |
| 2026-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-16 | AA | accounts | Accounts with accounts type full | |
| 2025-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-09 | AA | accounts | Accounts with accounts type full | |
| 2024-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-13 | AA | accounts | Accounts with accounts type full | |
| 2023-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-12 | MA | incorporation | Memorandum articles | |
| 2022-12-12 | RESOLUTIONS | resolution | Resolution | |
| 2022-09-20 | AA | accounts | Accounts with accounts type full | |
| 2022-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-13 | AA | accounts | Accounts with accounts type full | |
| 2021-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-30 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 2
- 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.