HOWMET LIMITED
Operating as a subsidiary of Howmet Products UK Limited, the company specialises in the production and casting of non-ferrous metals from its manufacturing facility in Exeter.
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Cash
—
Latest balance sheet
Net assets
£54m
-25.1% lowest in 3 filed years
Employees
602
+2.9% highest in 3 filed years
Profit before tax
£16m
+14.4% vs 2024
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £150,603,000 | £171,569,000 | £190,031,000 | +10.8% | |
| Operating profit | £16,390,000 | £11,869,000 | £14,557,000 | +22.6% | |
| Profit before tax | £18,557,000 | £13,606,000 | £15,562,000 | +14.4% | |
| Net profit | £14,561,000 | £11,148,000 | £12,088,000 | +8.4% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | £71,212,000 | £73,129,000 | £54,723,000 | -25.2% | |
| Net assets | £71,010,000 | £72,565,000 | £54,380,000 | -25.1% | |
| Equity | £71,010,000 | £72,565,000 | £54,380,000 | -25.1% | |
| Average employees | 548 | 585 | 602 | +2.9% | |
| Wages | £21,749,000 | £24,650,000 | £27,416,000 | +11.2% | |
| Directors' remuneration | £635,000 | £833,000 | £1,195,000 | +43.5% | |
| Directors' pension contributions | £14,000 | £34,000 | £40,000 | +17.6% | |
| Highest paid director | £318,000 | £378,000 | £474,000 | +25.4% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 10.9% | 6.9% | 7.7% | |
| Net margin | 9.7% | 6.5% | 6.4% | |
| Return on capital employed | 23.0% | 16.2% | 26.6% | |
| Gearing (liabilities / total assets) | 37.5% | 38.9% | 53.4% | |
| Current ratio | 2.23x | 2.02x | 1.24x |
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 2 times since incorporation
- HOWMET LIMITED 1993-01-01 → present
- HOWMET (UK), LTD 1991-12-31 → 1993-01-01
- LEVELURBAN LIMITED 1991-11-04 → 1991-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The directors have reviewed forecasts and sensitivity analysis covering the twelve months from the date of this report, which demonstrate that the Company is expected to generate profits and positive cash flows, and that it possesses adequate cash reserves to meet its obligations as they fall due. Furthermore, the Company's funds are administered through a centralised cash pooling arrangement within the Howmet Aerospace Group and remain readily accessible. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- HOWMET LIMITED · parent
- Transom Wild Limited 100%
- Camcraft Limited
Significant events
- “To support customer demand and the growth of the business, the company purchased a new premises adjacent to the existing facility in February 2026 for £8.5m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PAPINNIEMI-AINGER, Petra | Secretary | 2016-11-01 | — | — |
| BUGARCIC, Monalito | Director | 2020-08-31 | Jun 1975 | Swiss |
| TALBOT, Patrick Michael | Director | 2015-05-19 | Feb 1975 | British |
| TOUSSAINT, Cedric | Director | 2025-03-17 | Jan 1975 | French |
| WREFORD, Andrew James | Director | 2024-03-11 | Sep 1974 | British |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAMINO, Jose Ramon | Secretary | 2002-10-21 | 2014-03-01 |
| COTTON, Clive Everett | Secretary | 1996-07-05 | 2000-12-19 |
| DAVIES, Wyn Meredith | Secretary | 1991-11-21 | 1996-06-28 |
| DEMBLOWSKI, Denis Anthony | Secretary | 2000-12-19 | 2002-10-21 |
| WOODS, Stephen Matthew | Secretary | 2014-06-25 | 2016-11-01 |
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 2001-11-12 | 2014-06-25 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1991-11-04 | 1991-11-21 |
| BAUER, Dirk | Director | 2015-05-20 | 2018-04-25 |
| CAMINO, Jose Ramon | Director | 2010-07-15 | 2014-03-01 |
| DEMBLOWSKI, Denis Anthony | Director | 2000-12-19 | 2002-10-21 |
| ELVER, Brian Harold | Director | 1991-11-21 | 1996-02-02 |
| FARGAS MAS, Lluis Maria | Director | 2000-12-19 | 2020-08-31 |
| FAULL, Ian Trevor | Director | 2000-12-19 | 2008-12-31 |
| HAMBLETON, Roger Colin | Director | 1991-11-21 | 2001-05-08 |
| HANRAHAN, Michael Robert | Director | 2000-10-17 | 2001-10-13 |
| LASKER, Mark | Director | 1994-11-29 | 2000-04-20 |
| LUCOT, Joseph R | Director | 2002-10-21 | 2006-03-20 |
| MCCARTHY, Martin Gerard | Director | 2012-07-10 | 2015-05-27 |
| MITCHELL, Raymond Barns | Director | 2000-12-19 | 2002-10-21 |
| MUELLER, Boyd | Director | 2018-04-19 | 2025-04-01 |
| PEPPER, Michael Allen | Director | 1998-12-04 | 2000-07-04 |
| ROSE, Terence Dennis | Director | 1993-08-23 | 2001-10-13 |
| SANDERS, Scott Douglas | Director | 1996-07-02 | 1998-12-04 |
| SMITH, George Ronald | Director | 2008-02-01 | 2009-06-09 |
| WARD, Ronald Leonard | Director | 1991-11-21 | 1995-04-05 |
| WELCH-BALLENTINE, Caroline Delia | Director | 2009-06-09 | 2010-07-15 |
| WOODS, Stephen Matthew | Director | 2018-04-18 | 2026-03-12 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1991-11-04 | 1991-11-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Howmet Products Uk Limited | Corporate entity | Shares 75–100% | 2020-04-01 | Active |
| Arconic Extruded Products (Uk) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2020-04-01 |
Filing timeline
Last 20 of 181 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-10 | AA | accounts | Accounts with accounts type full | |
| 2026-03-24 | CH01 | officers | Change person director company with change date | |
| 2026-03-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-04-09 | CH01 | officers | Change person director company with change date | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-31 | AD02 | address | Change sail address company with old address new address | |
| 2024-10-30 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-17 | AA | accounts | Accounts with accounts type full | |
| 2024-03-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-05 | CH01 | officers | Change person director company with change date | |
| 2023-12-27 | AA | accounts | Accounts with accounts type full | |
| 2023-11-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-06 | AD04 | address | Move registers to registered office company with new address | |
| 2023-04-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-11-22 | AA | accounts | Accounts with accounts type full | |
| 2022-11-09 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- 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.