CAVENDISH NUCLEAR LIMITED
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Cash
£2.6m
+30% highest in 3 filed years
Net assets
£110m
-12.1% vs 2025
Employees
2,404
+24.2% highest in 3 filed years
Profit before tax
-£22m
-147.2% 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 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £290,722,000 | £347,285,000 | £404,816,000 | +16.6% | |
| Operating profit | £28,655,000 | £35,714,000 | -£23,640,000 | -166.2% | |
| Profit before tax | £29,980,000 | £47,455,000 | -£22,409,000 | -147.2% | |
| Net profit | £18,975,000 | £32,486,000 | -£17,630,000 | -154.3% | |
| Cash | £921,000 | £1,967,000 | £2,558,000 | +30% | |
| Total assets less current liabilities | £113,891,000 | £131,953,000 | £140,065,000 | +6.1% | |
| Net assets | £102,552,000 | £124,669,000 | £109,613,000 | -12.1% | |
| Equity | £102,552,000 | £124,669,000 | £109,613,000 | -12.1% | |
| Average employees | 1,557 | 1,935 | 2,404 | +24.2% | |
| Wages | £87,198,000 | £121,200,000 | £159,086,000 | +31.3% | |
| Directors' remuneration | £664,000 | £767,000 | £1,338,000 | +74.4% | |
| Directors' pension contributions | £29,000 | £35,000 | £57,000 | +62.9% | |
| Highest paid director | £414,000 | £466,000 | £671,000 | +44% |
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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 9.9% | 10.3% | -5.8% | |
| Net margin | 6.5% | 9.4% | -4.4% | |
| Return on capital employed | 25.2% | 27.1% | -16.9% | |
| Gearing (liabilities / total assets) | 64.0% | 53.4% | 53.9% | |
| Current ratio | 0.61x | 0.70x | 1.27x | |
| Interest cover | 16.03x | 13.59x | -12.48x |
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 4 times since incorporation
- CAVENDISH NUCLEAR LIMITED 2013-10-23 → present
- BNS NUCLEAR SERVICES LIMITED 2008-05-23 → 2013-10-23
- ALSTEC LIMITED 2006-06-02 → 2008-05-23
- ALSTEC HOLDINGS LIMITED 2000-06-02 → 2006-06-02
- PINCO 1406 LIMITED 2000-04-18 → 2000-06-02
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have not identified any material uncertainties related to events or conditions that may cast significant doubt upon the Company's ability to continue as a going concern. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- CAVENDISH NUCLEAR LIMITED · parent
- Alkali Metal Processing Limited 50%
- Cavendish Boccard Nuclear Limited 51%
- Cavendish Dounreay Partnership Limited 50%
- Cavendish Fluor Partnership Limited 65%
- Cavendish Nuclear Japan KK 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BABCOCK CORPORATE SECRETARIES LIMITED | Corporate Secretary | 2013-02-25 | — | — |
| ABBOTT, Matthew Thomas | Director | 2024-11-15 | Mar 1978 | British |
| GORNALL, Michael Robert | Director | 2021-09-01 | Aug 1964 | British |
| LAWTON, Mark David | Director | 2021-11-20 | Aug 1972 | British |
| MISELL, Neal Gregory | Director | 2026-04-15 | Oct 1967 | British |
| THOMPSON, Karl Alexander | Director | 2025-01-16 | Dec 1989 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BILLIALD, Stanley Alan Royall | Secretary | 2006-05-09 | 2009-07-01 |
| BORRETT, Nicholas James William | Secretary | 2012-07-27 | 2013-02-25 |
| GREIG, John David Taylor | Secretary | 2006-05-17 | 2009-01-16 |
| TELLER, Valerie Francine Anne | Secretary | 2009-07-01 | 2012-07-27 |
| WESLEY, Gary | Secretary | 2000-04-18 | 2006-05-09 |
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 2000-04-18 | 2000-04-18 |
| AUSTICK, Martin Dennis | Director | 2006-05-17 | 2011-03-29 |
| BETHEL, Archibald Anderson | Director | 2006-05-17 | 2008-08-27 |
| BILLIALD, Stanley Alan Royall | Director | 2008-01-04 | 2010-06-24 |
| BILLIALD, Stanley Alan Royall | Director | 2007-03-08 | 2007-05-23 |
| BOWEN, Simon Christopher | Director | 2015-12-01 | 2021-09-01 |
| DAVIES, John Richard | Director | 2015-12-01 | 2017-03-31 |
| DOHERTY, Shaun, Dr | Director | 2022-05-31 | 2024-09-30 |
| DOUGLAS, Kenneth Malcolm | Director | 2012-08-16 | 2015-06-02 |
| DUNGATE, Albert Norman | Director | 2006-05-09 | 2016-06-24 |
| EDWARDS, Paul Lloyd | Director | 2019-12-01 | 2021-11-20 |
| FULTON, Jenna Elaine | Director | 2021-12-01 | 2025-01-16 |
| GARVEY, Kevin John | Director | 2015-12-01 | 2019-12-01 |
| HARDY, Roger Andrew | Director | 2010-09-09 | 2015-12-01 |
| HOLT, Harry Arthur Blair | Director | 2023-11-30 | 2026-04-15 |
| KIERAN, Dominic John | Director | 2020-06-24 | 2024-10-09 |
| LAWTON, David John | Director | 2014-12-17 | 2015-09-07 |
| LEEMING, Graham David | Director | 2011-03-29 | 2016-07-01 |
| MARTINELLI, Franco | Director | 2007-03-08 | 2016-08-31 |
| MELLING, Martin Richard | Director | 2000-04-18 | 2006-05-09 |
| PEAT, Garry Michael | Director | 2010-01-20 | 2012-08-16 |
| ROGERS, Peter Lloyd | Director | 2008-08-27 | 2016-08-31 |
| TAME, William | Director | 2008-08-27 | 2014-12-17 |
| TAYLOR, Richard Hewitt | Director | 2016-07-01 | 2017-03-31 |
| TELLER, Valerie Francine Anne | Director | 2010-06-24 | 2010-09-09 |
| THOMAS, Kevin Richard | Director | 2006-05-09 | 2015-11-02 |
| URQUHART, Iain Stuart | Director | 2014-12-17 | 2022-05-31 |
| URQUHART, Iain Stuart | Director | 2006-05-17 | 2008-08-27 |
| WESLEY, Gary | Director | 2000-04-18 | 2006-05-09 |
| PINSENT MASONS DIRECTOR LIMITED | Corporate Director | 2000-04-18 | 2000-04-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Babcock Services Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 191 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-19 | AA | accounts | Accounts with accounts type full | |
| 2026-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-27 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-17 | AA | accounts | Accounts with accounts type full | |
| 2025-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-05 | AA | accounts | Accounts with accounts type full | |
| 2024-11-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-23 | AA | accounts | Accounts with accounts type full | |
| 2024-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-23 | AA | accounts | Accounts with accounts type full | |
| 2023-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-21 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- 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.