SWAN ALLOY UK LTD.

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

  -16.6%

  £52,314,000 → £43,612,000

• Cash

  +10.8%

  £2,801,000 → £3,104,000

• Net assets

  +5.3%

  £9,346,000 → £9,840,000

• Employees

  -7.1%

  56 → 52

• Operating profit

  -84.5%

  £2,633,000 → £409,000

• Profit before tax

  -79.6%

  £2,716,000 → £555,000

• Wages

  -7.7%

  £2,777,000 → £2,564,000

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. SWAN ALLOY UK LTD. 2023-05-01 → present
2. REAL ALLOY UK LTD. 2015-03-02 → 2023-05-01
3. ALERIS RECYCLING (SWANSEA) LIMITED 2007-01-08 → 2015-03-02
4. IMCO RECYCLING (UK) LTD. 1996-08-06 → 2007-01-08
5. CAUSEDOUBLE LIMITED 1996-07-09 → 1996-08-06

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Bevan Buckland Audit Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company's financial forecasts, taking into consideration the current environment, show that the company is expected to remain profitable and generate positive cash flows giving the company the ability to continue to operate for the 12 months from when the financial statements are authorised for issue and meet any liabilities as they fall due. Whilst there always remains an element of uncertainty within any business, the directors have considered that any risk to the cashflows of the company remain relatively very low. Therefore, any uncertainties will not change the cashflows within the company and based on these facts and the financial position and the forecasted cashflows of the company have concluded it is appropriate to prepare the financial statements on the going concern basis.”

Significant events

• “The United States enacted a large tariff increase on both steel and aluminium, raising duties to 25% across all its trading partners. In June 2025 the tariffs were increased to 50% for most countries, but the duty for the United Kingdom remained at 25%.”
• “The tariffs were applied to aluminium articles and specific derivative products, however recycled aluminium (aluminium scrap) were excluded from the tariffs.”
• “Since the introduction of the tariffs there has been a significantly increased the aluminium premiums in the United States which has resulted in the outflow of aluminium scrap from the United Kingdom to the United States and there has been a significantly increased the purchase price of scrap aluminium within the United Kingdom.”
• “The rapid evolution of these tariffs nationally and internationally has had an impact on the macroeconomic environment and the evolution of the business. The company operates in a country that is affected by the tariffs and has both customers and suppliers in other countries that are affected. This has and will continue to have a detrimental effect on the company's revenue and profits.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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