KUUSAKOSKI LIMITED
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Cash
£400K
-87% vs 2024
Net assets
£6.9M
-4.5% vs 2024
Employees
28
-3.4% vs 2024
Profit before tax
£703K
+25.9% 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
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £48,057,063 | £78,565,513 | £95,397,972 | £80,700,283 | £71,658,140 | £52,658,591 | -26.5% | |
| Operating profit | £1,708,669 | £3,257,494 | £4,580,173 | £2,565,759 | £1,273,182 | £1,006,372 | -21% | |
| Profit before tax | £1,315,327 | £2,631,852 | £4,114,661 | £1,541,800 | £558,169 | £702,596 | +25.9% | |
| Net profit | £1,098,986 | £2,123,913 | £3,341,773 | £1,178,911 | £486,442 | £518,936 | +6.7% | |
| Cash | £234,729 | £1,909 | £3,343,526 | £5,577,819 | £3,076,317 | £399,904 | -87% | |
| Total assets less current liabilities | £4,651,459 | £6,128,372 | £8,930,795 | £8,307,706 | £7,588,189 | £7,217,983 | -4.9% | |
| Net assets | £4,611,109 | £6,050,022 | £8,561,795 | £7,970,706 | £7,176,148 | £6,852,624 | -4.5% | |
| Equity | £4,611,109 | £6,050,022 | £8,561,795 | £7,970,706 | £7,176,148 | £6,852,624 | -4.5% | |
| Average employees | 23 | 23 | 26 | 28 | 29 | 28 | -3.4% | |
| Wages | £1,133,555 | £1,540,790 | £1,646,900 | £1,641,267 | £1,513,635 | £1,497,246 | -1.1% | |
| Directors' remuneration | £221,403 | £356,632 | £339,830 | £305,804 | £200,343 | £202,131 | +0.9% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 3.6% | 4.1% | 4.8% | 3.2% | 1.8% | 1.9% | |
| Net margin | 2.3% | 2.7% | 3.5% | 1.5% | 0.7% | 1.0% | |
| Return on capital employed | 36.7% | 53.2% | 51.3% | 30.9% | 16.8% | 13.9% | |
| Gearing (liabilities / total assets) | — | — | — | 34.8% | 39.0% | — | |
| Current ratio | — | — | — | 2.54x | 2.30x | 3.09x | |
| Interest cover | 4.34x | 5.21x | 5.51x | 2.29x | 1.58x | 2.70x |
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
- KUUSAKOSKI LIMITED 2006-09-29 → present
- MASTPOST LIMITED 2006-09-26 → 2006-09-29
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Sumer Auditco Limited
- 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 on the 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.”
Significant events
- “Globally, 2025 was characterized by increased competition for high-quality scrap, volatile nickel and chrome prices, tightening export controls, and rising expectations for traceability and emissions reporting.”
- “The stainless-steel scrap recycling industry entered 2025 with accelerating structural demand, tightening supply dynamics, and growing regulatory pressures that favour circular-economy operators.”
- “Ongoing global conflicts, such as the Ukraine War and instability in Middle eastern region, continued to increase the risk of supply chain disruption.”
- “The incoming carbon border adjustment mechanism (CBAM) may presert challenges for the industry.”
- “2025 saw Kuusakoski Ltd continue its journey of sustainable development through electrification & process efficiency. Our site is powered by Solar, Wind and Hydro only, cutting our company emissions significantly throughout our energy intensive operations.”
- “A new ERP system, introduced during 2025, will offer additional administrative efficiency, reporting and development opportunities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GORING, Scott | Director | 2017-10-09 | Oct 1971 | British |
| KUUSAKOSKI, Teuvo Juhani | Director | 2012-04-11 | Sep 1965 | Finnish |
| SIUKONEN, Lauri Sakari | Director | 2025-07-24 | Apr 1987 | Finnish |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SNEITZ, Seija Ameli | Secretary | 2006-11-30 | 2008-12-15 |
| SNEITZ, Seija Anneli | Secretary | 2006-09-29 | 2006-11-27 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2006-09-26 | 2006-09-29 |
| DOHERTY, Paul Michael | Director | 2006-11-27 | 2019-01-07 |
| KUUSAKOSKI, Timo Oskari | Director | 2009-07-01 | 2012-04-11 |
| KUUSILEHTO, Mikko Juhani | Director | 2018-10-08 | 2025-07-24 |
| PALOMAKI, Riitta Marjaana | Director | 2006-09-29 | 2009-05-31 |
| PASANEN, Ville | Director | 2015-10-01 | 2018-08-31 |
| PIEKKARI, Timo Juhani | Director | 2006-09-29 | 2009-05-24 |
| PULLI, Harri Juhani | Director | 2009-07-01 | 2013-02-09 |
| SALO, Leena Johanna | Director | 2013-02-08 | 2015-07-31 |
| SNEITZ, Seija Anneli | Director | 2006-09-29 | 2006-11-27 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2006-09-26 | 2006-09-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kuusakoski Oy | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2025-01-01 |
Filing timeline
Last 20 of 88 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-24 | AA | accounts | Accounts with accounts type full | |
| 2026-04-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-08 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-10-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-08-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-29 | CH01 | officers | Change person director company with change date | |
| 2025-05-23 | AA | accounts | Accounts with accounts type full | |
| 2024-09-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-05 | AA | accounts | Accounts with accounts type full | |
| 2024-03-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-09-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-03-10 | AA | accounts | Accounts with accounts type full | |
| 2022-11-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-31 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-04-20 | AA | accounts | Accounts with accounts type full | |
| 2021-11-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-25 | AA | accounts | Accounts with accounts type full | |
| 2020-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.