NORTHERN ENGINEERING UK LIMITED
Get an alert when NORTHERN ENGINEERING UK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£6.2m
+229.1% highest in 3 filed years
Net assets
£59m
+162.3% highest in 3 filed years
Employees
475
+33.8% highest in 3 filed years
Profit before tax
£5m
-21% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials 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 | £35,578,000 | £42,108,000 | £54,191,000 | +28.7% | |
| Operating profit | £4,990,000 | £7,623,000 | £7,508,000 | -1.5% | |
| Profit before tax | £3,392,000 | £6,355,000 | £5,020,000 | -21% | |
| Net profit | £1,466,000 | £3,690,000 | £2,206,000 | -40.2% | |
| Cash | £677,000 | £1,895,000 | £6,237,000 | +229.1% | |
| Total assets less current liabilities | £42,282,000 | £24,188,000 | £121,448,000 | +402.1% | |
| Net assets | £18,993,000 | £22,477,000 | £58,964,000 | +162.3% | |
| Equity | £18,993,000 | £22,477,000 | £58,964,000 | +162.3% | |
| Average employees | 342 | 355 | 475 | +33.8% | |
| Wages | £11,171,000 | £12,387,000 | £14,727,000 | +18.9% | |
| Directors' remuneration | £621,000 | £534,000 | £616,000 | +15.4% | |
| Directors' pension contributions | £22,000 | £31,000 | £30,000 | -3.2% | |
| Highest paid director | £399,000 | £322,000 | £360,000 | +11.8% |
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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 14.0% | 18.1% | 13.9% | |
| Net margin | 4.1% | 8.8% | 4.1% | |
| Return on capital employed | 11.8% | 31.5% | 6.2% | |
| Gearing (liabilities / total assets) | 58.7% | 47.7% | 54.3% | |
| Current ratio | 3.13x | 0.70x | 2.95x | |
| Interest cover | 3.12x | 5.99x | 2.96x |
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
- NORTHERN ENGINEERING UK LIMITED 2006-04-25 → present
- SHELFCO (NO. 3231) LIMITED 2006-03-13 → 2006-04-25
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Taking into account the letter of support from Sanders Industries Holdings Inc. and the availability of working capital, the directors have concluded that the group will be able to continue to meet its financial obligations as they fall due for at least 12 months from the date of approval”
Group structure
- NORTHERN ENGINEERING UK LIMITED · parent
- Northern Engineering (Sheffield) Limited 100%
- Crosslink Technology Holdings Limited 100%
- Icon Aerospace Technology Ltd 100%
- Oldham Seals Group Limited 100%
- "O" Rings Limited 100%
- Oldham Seals Limited 100%
- Jetrac Limited 100%
- Hampshire Mouldings Limited 100%
Significant events
- “On 26 June 2025, the company acquired the entire issued share capital of Oldham Seals Group Limited and its subsidiaries for total consideration of £86million.”
- “On 26 June 2025, the company received a loan from Sanders Industries Holdings Inc., a parent undertaking for the value of £50,961k, denominated in USD ($70,000k).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEARE, David Jonathan Elliott | Secretary | 2015-01-29 | — | — |
| BEARE, David Jonathan Elliott | Director | 2015-01-29 | May 1968 | British |
| METCALFE, Lee | Director | 2015-11-09 | Apr 1974 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GINSBURG, Richard Marc | Secretary | 2006-04-24 | 2014-05-30 |
| EPS SECRETARIES LIMITED | Corporate Nominee Secretary | 2006-03-13 | 2006-04-24 |
| CHEVILLOTTE, Stevens Jean Jerome | Director | 2020-12-14 | 2021-06-30 |
| DAVEY, Martin | Director | 2014-05-30 | 2014-10-13 |
| GINSBURG, Richard Marc | Director | 2006-04-24 | 2014-05-30 |
| SANDERS, Eric Michael | Director | 2006-04-24 | 2014-05-30 |
| THREAPLETON, Robin | Director | 2014-05-30 | 2015-10-26 |
| MIKJON LIMITED | Corporate Nominee Director | 2006-03-13 | 2006-04-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Rajeev Joseph Amara | Individual | Significant influence | 2024-08-15 | Active |
| Arcline Capital Partners Lp | Corporate entity | Shares 50–75% | 2022-09-14 | Ceased 2025-08-22 |
| Sanders Industries Holdings, Inc. | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2022-09-14 |
Filing timeline
Last 20 of 98 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-03 | AA | accounts | Accounts with accounts type group | |
| 2026-03-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-29 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-29 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-07-08 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-03 | SH01 | capital | Capital allotment shares | |
| 2025-06-03 | AA | accounts | Accounts with accounts type group | |
| 2025-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-16 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-07 | AA | accounts | Accounts with accounts type group | |
| 2024-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 1
- 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.