SEVERFIELD PLC
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Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
1,964
+2.4% vs 2024
Profit before tax
-£18M
-176.1% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-29
| Metric | Trend | 2023-03-25 | 2024-03-30 | 2025-03-29 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £491,753,000 | £463,465,000 | £450,913,000 | -2.7% | |
| Operating profit | £34,965,000 | £39,640,000 | £21,754,000 | -45.1% | |
| Profit before tax | £32,576,000 | £23,020,000 | -£17,512,000 | -176.1% | |
| Net profit | £26,238,000 | — | — | — | |
| Cash | £11,338,000 | £33,903,000 | — | — | |
| Total assets less current liabilities | £255,969,000 | £275,119,000 | — | — | |
| Net assets | £217,718,000 | £220,751,000 | — | — | |
| Equity | £217,718,000 | £220,751,000 | — | — | |
| Average employees | 1,999 | 1,918 | 1,964 | +2.4% | |
| Wages | £86,181,000 | £100,561,000 | £108,433,000 | +7.8% | |
| Directors' remuneration | £1,345,000 | £1,282,000 | £1,543,000 | +20.4% |
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 | 2023-03-25 | 2024-03-30 | 2025-03-29 |
|---|---|---|---|---|
| Operating margin | 7.1% | 8.6% | 4.8% | |
| Net margin | 5.3% | — | — | |
| Return on capital employed | 13.7% | 14.4% | — | |
| Gearing (liabilities / total assets) | 40.3% | 41.7% | — | |
| Current ratio | 1.25x | 1.15x | — | |
| Interest cover | 11.25x | 12.81x | 6.01x |
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
- SEVERFIELD PLC 2014-05-16 → present
- SEVERFIELD-ROWEN PLC 1999-07-01 → 2014-05-16
- SEVERFIELD-REEVE PLC 1988-06-16 → 1999-07-01
- SEVERFIELD REEVE STRUCTURAL ENGINEERS LIMITED 1983-05-06 → 1988-06-16
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group will continue to operate and meet its liabilities as they fall due over the period of 12 months from the date of approval of the financial statements, and we have therefore made the assessment that the directors' use of the going concern basis of accounting is appropriate and there are no material uncertainties that would have been required to be disclosed.”
Group structure
- SEVERFIELD PLC · parent
- Severfield Commercial & Industrial Limited
- Severfield Modular Solutions Limited
- Severfield Europe Holdings B.V.
- JSW Severfield Structures Limited
Significant events
- “On 18 July 2025, the Group successfully negotiated an amendment and extension to its existing Revolving Credit Facility with its lenders, HSBC Bank and Virgin Money. The Facility's maturity has been extended to 31 December 2027.”
- “On 24 July 2025, the Group entered into a share purchase option agreement with JSW Steel to dispose of an interest of up to 26.9% in JSSL for up to £20m, exercisable until 31 March 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 31 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SANDERSON, Mark | Secretary | 2013-10-18 | — | — |
| CORNISH, Charlie | Director | 2024-05-01 | Nov 1959 | British |
| CRAWFORD, Janice Elliott | Director | 2024-11-25 | Sep 1960 | British |
| GORDON, Cynthia Alison | Director | 2024-10-21 | Nov 1962 | British |
| MCAULAY, Ian James | Director | 2024-11-25 | Apr 1965 | British |
| MCNERNEY, Paul William | Director | 2025-11-03 | Jan 1977 | British |
| PAGE, Andrew Slaney | Director | 2026-02-16 | Mar 1973 | British |
| PEGLER, Mark | Director | 2022-10-04 | Mar 1968 | British |
Show 31 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVISON, Peter Jeffrey | Secretary | — | 2011-05-18 |
| RHODES, Jonathan David | Secretary | 2011-05-18 | 2013-10-18 |
| BRAMALL, Janine | Director | 2025-11-01 | 2026-03-17 |
| COCHRANE, Ian Robert Samuel | Director | 2013-06-05 | 2023-09-06 |
| COCHRANE, Ian Robert Samuel | Director | 2007-10-09 | 2008-05-30 |
| DAVISON, Peter Jeffrey | Director | — | 2010-06-03 |
| DODDS, John | Director | 2010-10-01 | 2020-09-03 |
| DUNSMORE, Alan David | Director | 2010-03-01 | 2025-06-30 |
| ELLIOTT, John Keith | Director | 1998-10-21 | 2014-07-18 |
| ELLISON, Peter Frank | Director | 1997-07-03 | 2008-05-30 |
| EMERSON, Peter Arthur | Director | 1998-04-02 | 2013-06-05 |
| FEATHERSTONE, John Robson | Director | — | 2008-05-30 |
| GRIFFITHS, Alun Hughes | Director | 2014-05-01 | 2024-07-30 |
| HARDY, Louise Jane | Director | 2019-09-04 | 2024-10-31 |
| HAUGHEY, Thomas Gerard | Director | 2002-02-07 | 2013-01-22 |
| HAYWARD, Toby Jonathan Langford | Director | 2008-05-30 | 2014-07-18 |
| HICK, Brian William | Director | 2000-07-11 | 2008-05-30 |
| HOLT, Nicholas Christopher | Director | 2011-11-09 | 2018-09-04 |
| LAWSON, Ian | Director | 2013-11-01 | 2018-02-01 |
| LEVINE, Peter Michael | Director | 1993-01-19 | 2008-05-30 |
| OSBALDISTON, John Anthony | Director | 2014-07-19 | 2023-07-31 |
| PICKARD, Nigel | Director | 2005-04-05 | 2008-05-30 |
| RANDALL, Derek, Prof | Director | 2011-02-28 | 2025-03-31 |
| REEVE, Malcolm John | Director | — | 1997-10-02 |
| RIDLEY, David Philip | Director | 2002-04-16 | 2011-10-06 |
| SEMPLE, Adam Thomas | Director | 2018-02-01 | 2025-10-31 |
| SEVERS, John Leslie | Director | — | 2007-06-30 |
| TOOGOOD, Rosemary | Director | 2021-06-16 | 2024-02-12 |
| TOWNSEND, Jonathan Richard Arthur | Director | 1998-03-20 | 2000-04-07 |
| WHITEMAN, Kevin Ian | Director | 2014-07-19 | 2024-07-30 |
| WRIGHT, Geoffrey Harcroft | Director | 2006-09-26 | 2012-12-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 470 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-09 | AD02 | address | Change sail address company with old address new address | |
| 2026-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-21 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-01 | AA | accounts | Accounts with accounts type group | |
| 2025-09-08 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-06 | SH06 | capital | Capital cancellation shares | |
| 2025-03-06 | SH03 | capital | Capital return purchase own shares | |
| 2025-02-27 | SH03 | capital | Capital return purchase own shares | |
| 2025-02-26 | SH06 | capital | Capital cancellation shares | |
| 2025-02-17 | SH06 | capital | Capital cancellation shares | |
| 2025-02-17 | SH03 | capital | Capital return purchase own shares | |
| 2025-02-07 | SH03 | capital | Capital return purchase own shares | |
| 2025-02-06 | SH06 | capital | Capital cancellation shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 8
- Officers appointed
- 2
- Officers resigned
- 2
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.