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Cash

£190k

-97% lowest in 3 filed years

Net assets

£479m

+2.5% highest in 3 filed years

Employees

1,372

+5.6% highest in 3 filed years

Profit before tax

£9.8m

-86.2% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30

Metric Trend 2023-09-302024-09-302025-09-30 Δ vs prior
Turnover £268,208,000£301,728,000£409,055,000 +35.6%
Operating profit £26,623,000£66,504,000£8,018,000 -87.9%
Profit before tax £27,069,000£71,207,000£9,794,000 -86.2%
Net profit £26,578,000£60,666,000£9,847,000 -83.8%
Cash £1,951,000£6,257,000£190,000 -97%
Total assets less current liabilities £507,954,000£517,400,000£542,634,000 +4.9%
Net assets £457,038,000£467,442,000£478,918,000 +2.5%
Equity £457,038,000£467,442,000£478,918,000 +2.5%
Average employees 1,2991,2991,372 +5.6%
Wages £71,135,000£73,544,000£79,658,000 +8.3%
Directors' remuneration £125,000£275,000£159,000 -42.2%
Directors' pension contributions £5,000£8,000£10,000 +25%
Highest paid director £175,000£184,000£70,000 -62%

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 2023-09-302024-09-302025-09-30
Operating margin 9.9%22.0%2.0%
Net margin 9.9%20.1%2.4%
Return on capital employed 5.2%12.9%1.5%
Gearing (liabilities / total assets) 34.1%36.7%37.4%
Current ratio 1.93x1.85x1.87x
Interest cover 48.41x—4.45x

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

  1. SIEMENS ENERGY INDUSTRIAL TURBOMACHINERY LIMITED 2021-01-29 → present
  2. SIEMENS INDUSTRIAL TURBOMACHINERY LIMITED 2004-09-30 → 2021-01-29
  3. DEMAG DELAVAL INDUSTRIAL TURBOMACHINERY LIMITED 2003-04-10 → 2004-09-30

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

  1. SIEMENS ENERGY INDUSTRIAL TURBOMACHINERY LIMITED · parent
    1. Industrial Turbine Company (UK) Limited 100% · England and Wales · Energy

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

People

4 active · 40 resigned

Name Role Appointed Born Nationality
O'BRIEN, Philip Paul Secretary 2020-09-09 — —
DAVIDSON, Darren John Director 2024-01-01 Aug 1972 British
KEYZER-DEAN, Ross Llyod Director 2023-07-03 Feb 1976 British
O'BRIEN, Philip Paul Director 2022-10-01 Apr 1981 British
Show 40 resigned officers
Name Role Appointed Resigned
ALLSWORTH, David Secretary 2004-07-30 2005-06-17
CARLESS, Helen Claire Secretary 2012-02-01 2016-08-01
DAVINA, Simone Eufemia Agatha Secretary 2016-08-09 2020-09-09
FISCHER, Christoph Secretary 2003-04-10 2003-05-06
GANDHI, Hiralben Jayantilal Secretary 2005-06-17 2006-11-03
GENT, Gerard Thomas Secretary 2008-09-12 2012-01-31
LEWIS, Shawn Keith Secretary 2004-02-04 2004-07-30
SOPER, Charles Haward Secretary 2003-05-06 2004-02-04
SIEMENS COMPANY SECRETARIAT LIMITED Corporate Secretary 2006-11-03 2008-08-26
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 2003-04-10 2003-04-10
ALLSWORTH, David Director 2003-05-06 2007-10-11
APITZSCH, Johannes Director 2005-06-17 2005-10-01
BEHRENS, Karl Heinrich Director 2003-04-10 2003-09-26
BLADES, Thomas Director 2009-02-01 2012-03-01
CHINN, Matthew Shackleton Director 2010-08-05 2014-10-01
CHRISTIANSEN, Niels Buhl Director 2003-09-26 2008-06-10
CORNER, Neil Alan Director 2014-10-01 2020-06-15
DAVINA, Simone Eufemia Agatha Director 2020-09-09 2022-10-01
GRAY, Michael Paul Director 2020-09-09 2023-07-03
GRAY, Michael Paul Director 2010-08-05 2014-10-01
HARRIS, Neil Director 2006-05-19 2016-12-16
HUFNAGEL, Hans Norbert Director 2005-10-01 2008-04-15
HUNT, John George Stephen Director 2014-10-01 2020-09-09
MACFARLANE, William Clark Director 2005-06-17 2005-10-01
MARR, James Director 2003-05-06 2006-10-01
MEIXNER, Willibald Director 2006-10-01 2010-08-06
MULLER, Uwe Director 2003-04-10 2003-09-26
MUNTZ, Nicholas Ronald Aylett Director 2007-02-01 2014-10-01
NOVAK, Dan Paul Director 2007-11-01 2010-06-30
RYDEN, Jan Erik Georg Director 2007-02-01 2010-10-06
SAUL, Jens-Peter Director 2005-10-01 2010-04-06
SCRIMSHAW, Stephen Director 2020-06-15 2024-01-01
SOPER, Charles Haward Director 2003-05-06 2004-02-04
SPEED, Mark Andrew Director 2017-01-27 2020-09-09
STIELER, Frank, Dr Director 2005-06-17 2009-02-01
STIELER, Frank, Dr Director 2003-04-10 2003-09-26
STRINGER, Brian Mark Director 2003-05-06 2005-06-17
VINKENFLUEGEL, Juergen Director 2008-09-12 2009-08-25
WALPRECHT, Volker Director 2008-04-16 2011-12-31
WARD, Gerard Hugh Director 2005-06-17 2005-12-16

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Siemens Energy Ag Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-09-28 Active
Siemens Aktiengesellschaft Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2020-09-28

Filing timeline

Last 20 of 195 total filings

Date Type Category Description
2026-09-16 AA accounts Accounts with accounts type full
2026-08-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-30 AA accounts Accounts with accounts type full
2025-08-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-02-19 AA accounts Accounts with accounts type full
2024-01-03 AP01 officers Appoint person director company with name date PDF
2024-01-03 TM01 officers Termination director company with name termination date PDF
2023-08-07 CS01 confirmation-statement Confirmation statement with updates PDF
2023-07-04 AP01 officers Appoint person director company with name date PDF
2023-07-04 TM01 officers Termination director company with name termination date PDF
2023-01-19 AA accounts Accounts with accounts type full
2022-10-31 CH01 officers Change person director company with change date PDF
2022-10-04 AP01 officers Appoint person director company with name date PDF
2022-10-03 TM01 officers Termination director company with name termination date PDF
2022-08-16 AD02 address Change sail address company with old address new address PDF
2022-08-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-08-16 AD04 address Move registers to registered office company with new address PDF
2022-01-05 AD01 address Change registered office address company with date old address new address PDF
2022-01-04 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page