REMET UK LIMITED
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Cash
£7.3M
+44.2% vs 2023
Net assets
£11M
+9.2% vs 2023
Employees
31
+3.3% vs 2023
Profit before tax
£1.5M
-41.3% vs 2023
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £22,129,000 | £21,487,000 | -2.9% | |
| Operating profit | £2,568,000 | £1,393,000 | -45.8% | |
| Profit before tax | £2,527,000 | £1,483,000 | -41.3% | |
| Net profit | £2,009,000 | £951,000 | -52.7% | |
| Cash | £5,072,000 | £7,312,000 | +44.2% | |
| Total assets less current liabilities | £9,852,000 | £10,732,000 | +8.9% | |
| Net assets | £9,726,000 | £10,623,000 | +9.2% | |
| Equity | £9,726,000 | £10,623,000 | +9.2% | |
| Average employees | 30 | 31 | +3.3% | |
| Wages | £1,289,000 | £1,303,000 | +1.1% | |
| Directors' remuneration | £133,000 | £116,000 | -12.8% |
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 |
|---|---|---|---|
| Operating margin | 11.6% | 6.5% | |
| Net margin | 9.1% | 4.4% | |
| Return on capital employed | 26.1% | 13.0% | |
| Gearing (liabilities / total assets) | 26.8% | 21.9% | |
| Current ratio | 3.63x | 4.50x | |
| Interest cover | 33.35x | 27.31x |
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 1 time since incorporation
- REMET UK LIMITED 2004-01-05 → present
- CENTREWASTED LIMITED 2003-05-29 → 2004-01-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt about the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- REMET UK LIMITED · parent
- Blended Waxes Limited 100%
- Remet Casting Materials (Shanghai) Co. Limited 100%
- Remet Technocast Materials India Private Limited 100%
- Remet GmbH 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUMPHRIES KIRK SERVICES LIMITED | Corporate Secretary | 2025-04-01 | — | — |
| PARASZCZAK, John Paul | Director | 2017-11-08 | Jul 1980 | American |
| PARASZCZAK, John | Director | 2003-08-29 | Nov 1949 | American |
| PILBURY, Stephen Shaun | Director | 2003-08-29 | Nov 1952 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ROGERS, Philipa | Secretary | 2004-11-01 | 2024-12-31 |
| BATTENS SECRETARIAL SERVICES LTD | Corporate Secretary | 2003-08-29 | 2004-11-01 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2003-05-29 | 2003-08-29 |
| DEGREGORIO, Sam | Director | 2003-08-29 | 2008-06-17 |
| ROGERS, Philipa | Director | 2017-10-10 | 2024-12-31 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2003-05-29 | 2003-08-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr John Paraszczak | Individual | Shares 50–75% | 2018-05-20 | Active |
| Remet Corporation | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2018-05-20 |
Filing timeline
Last 20 of 95 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-12 | AA | accounts | Accounts with accounts type group | |
| 2025-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-11 | AD03 | address | Move registers to sail company with new address | |
| 2025-04-10 | AD02 | address | Change sail address company with new address | |
| 2025-04-10 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-27 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-09-25 | AA | accounts | Accounts with accounts type group | |
| 2024-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-27 | AA | accounts | Accounts with accounts type group | |
| 2023-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-29 | AA | accounts | Accounts with accounts type group | |
| 2022-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-27 | AA | accounts | Accounts with accounts type group | |
| 2021-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-28 | AA | accounts | Accounts with accounts type group | |
| 2020-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-25 | AA | accounts | Accounts with accounts type group | |
| 2019-09-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2019-09-23 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.