EEF LIMITED
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Cash
£1.8M
-39% vs 2024
Net assets
£56M
+7.5% highest in 3 filed years
Employees
409
0% vs 2024
Profit before tax
£4.4M
-8% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Consumer Discretionary 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 | £38,543,000 | £39,216,000 | £42,125,000 | +7.4% | |
| Operating profit | £576,000 | £941,000 | -£239,000 | -125.4% | |
| Profit before tax | £4,849,000 | £4,753,000 | £4,374,000 | -8% | |
| Net profit | £1,601,000 | £3,934,000 | £4,250,000 | +8% | |
| Cash | £1,206,000 | £2,975,000 | £1,814,000 | -39% | |
| Total assets less current liabilities | £58,776,000 | £61,806,000 | £67,634,000 | +9.4% | |
| Net assets | £50,429,000 | £51,889,000 | £55,767,000 | +7.5% | |
| Equity | £50,429,000 | £51,889,000 | £55,767,000 | +7.5% | |
| Average employees | 370 | 409 | 409 | 0% | |
| Wages | £17,675,000 | £18,375,000 | £19,946,000 | +8.5% | |
| Directors' remuneration | £1,204,000 | £1,013,000 | £1,410,000 | +39.2% |
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 | 1.5% | 2.4% | -0.6% | |
| Net margin | 4.2% | 10.0% | 10.1% | |
| Return on capital employed | 1.0% | 1.5% | -0.4% | |
| Gearing (liabilities / total assets) | 31.1% | 30.6% | — | |
| Current ratio | 0.91x | 1.07x | 1.04x | |
| Interest cover | 5.43x | 2.66x | -0.47x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- HaysMac LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making appropriate enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- EEF LIMITED · parent
- Bhayani Law Ltd 100%
Significant events
- “2025 was a challenging year for manufacturers and for EEF Ltd T/A Make UK, shaped by rising costs, reduced discretionary spend amid global uncertainty.”
- “The publication of the Government's Modern Industrial Strategy represented a landmark moment for Make UK and for the sector.”
- “Make UK delivered another highly successful National Manufacturing Conference.”
- “Secured an important early policy win in March with Government action to protect high value manufacturing capability and skilled jobs in the defence sector.”
- “The passing of Fiona Morris in early 2026.”
- “The Board agreed during 2025 to voluntarily adopt the Wates Corporate Governance Principles.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 54 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCMILLAN, Jenny | Secretary | 2022-08-01 | — | — |
| ADAMS, Austen Mark | Director | 2025-09-18 | Jan 1965 | British |
| BLENKINSOP, Nigel | Director | 2026-05-22 | May 1970 | British |
| FORSYTH, Robert Gordon Neil Stewart | Director | 2025-03-27 | Mar 1959 | British |
| GLAZEBROOK, Rosemary Pema | Director | 2025-03-27 | Dec 1968 | British |
| GREENWAY, Richard Ian | Director | 2020-03-01 | Sep 1976 | British |
| HARRINGTON, Richard Irwin, Lord | Director | 2025-03-28 | Nov 1957 | British |
| HARRY, Louise Ellen | Director | 2024-09-18 | Jun 1974 | British |
| PHIPSON, Stephen | Director | 2017-12-01 | Dec 1961 | British |
| REA, Christopher John | Director | 2026-03-26 | Jan 1954 | British |
| WATSON, Ann | Director | 2023-03-09 | Jan 1971 | British |
Show 54 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHARLICK, Simon Robert | Secretary | 2008-06-13 | 2010-06-02 |
| GREENWAY, Richard | Secretary | 2020-03-31 | 2022-08-01 |
| JENNINGS, Paul Russell | Secretary | 2010-07-28 | 2020-03-31 |
| BWB SECRETARIAL LIMITED | Corporate Secretary | 2006-09-28 | 2008-06-13 |
| ADAM, Henrik, Dr | Director | 2011-06-29 | 2018-11-28 |
| BLATCHFORD, Brian Stephen | Director | 2017-08-11 | 2018-11-28 |
| BLENKINSOP, Nigel | Director | 2017-07-26 | 2018-11-28 |
| BOWEN, Simon Christopher | Director | 2017-05-31 | 2019-11-07 |
| BRAMWELL, David Nicholas | Director | 2016-09-28 | 2018-08-06 |
| CHARLICK, Simon Robert | Director | 2008-06-13 | 2010-06-02 |
| CHURCHILL, Andrew James | Director | 2009-06-03 | 2019-10-07 |
| ELLIOTT, Phillip David | Director | 2008-10-01 | 2016-06-29 |
| FELL, Jonathan Charles Stuart | Director | 2009-11-04 | 2017-07-26 |
| FLAVELL, Martin | Director | 2011-06-29 | 2017-07-26 |
| FLETCHER, Ben | Director | 2021-04-01 | 2025-09-18 |
| FLETCHER, Robin Charles | Director | 2019-02-01 | 2025-09-18 |
| FOWLER, Ian Ronald | Director | 2008-10-01 | 2016-06-29 |
| GARDNER, John Robert Macara | Director | 2021-01-21 | 2021-03-29 |
| GREENHAM, James Richard | Director | 2021-01-21 | 2025-05-19 |
| GUMBLE, Caroline Olive Mary | Director | 2015-09-30 | 2019-07-31 |
| HACKITT, Judith Elizabeth, Dame | Director | 2016-05-24 | 2022-03-31 |
| HAIRD, Susan Margaret | Director | 2012-09-27 | 2018-11-28 |
| HAMMERSLEY, Anthony Charles | Director | 2008-10-01 | 2011-06-29 |
| HOLLIDAY, Brian Aubrey | Director | 2015-05-19 | 2024-09-18 |
| HOUGH, Andrea Lee | Director | 2016-04-27 | 2018-11-28 |
| HUTTON, John Matthew, Lord | Director | 2022-04-01 | 2025-03-27 |
| JENKINS, Gareth Mansel | Director | 2008-10-01 | 2012-03-29 |
| JENNINGS, Paul Russell | Director | 2011-06-29 | 2020-03-31 |
| JONES, David Edward | Director | 2019-02-01 | 2025-09-18 |
| KESSLER, George Bernard | Director | 2010-05-05 | 2011-01-19 |
| KIRK, Michael David | Director | 2008-10-01 | 2009-05-06 |
| KITE, Phil | Director | 2010-10-28 | 2018-01-25 |
| LYNNE, Liz | Director | 2012-04-25 | 2015-06-24 |
| MAIER, Juergen Wolfgang, Professor | Director | 2010-05-05 | 2015-01-28 |
| MALAM, Thomas John | Director | 2008-10-01 | 2009-01-08 |
| MARSHALL, Robert David | Director | 2011-09-28 | 2020-11-05 |
| MCLELLAN, Cameron | Director | 2011-06-29 | 2015-06-24 |
| MCQUILLAN, Stephen | Director | 2016-01-27 | 2018-11-28 |
| MORRIS, Fiona Gillian | Director | 2021-01-21 | 2026-03-08 |
| NIX, Grahame Richard | Director | 2008-10-01 | 2012-06-27 |
| PEDDER, Anthony Paul | Director | 2009-05-06 | 2018-11-21 |
| PEEL, John Aubrey | Director | 2008-10-01 | 2009-05-06 |
| PICKERING, Mark Ian | Director | 2008-10-01 | 2010-09-30 |
| SCUOLER, Terry Charles | Director | 2009-05-06 | 2017-11-30 |
| STUDD, Christopher Andrew Eric | Director | 2006-09-28 | 2007-09-05 |
| TEMPLE, Martin John | Director | 2008-10-01 | 2016-03-31 |
| TISSIMAN, John Joseph | Director | 2008-10-01 | 2011-06-29 |
| TOPPIN, Gilbert Anthony Lester | Director | 2008-06-13 | 2009-10-01 |
| VINTHER, Niels Christian | Director | 2008-10-01 | 2010-06-02 |
| WILLIAMS, Norman Barrie | Director | 2008-10-01 | 2009-05-06 |
| WILSON, Peter George | Director | 2008-10-01 | 2012-06-27 |
| WOOD, Alan John | Director | 2008-10-01 | 2009-05-06 |
| WRIGHT, Mike | Director | 2011-06-29 | 2017-07-26 |
| BWB (NO.2) LIMITED | Corporate Director | 2007-09-05 | 2008-06-13 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 180 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-22 | AA | accounts | Accounts with accounts type group | |
| 2026-06-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-06 | AA | accounts | Accounts with accounts type group | |
| 2025-05-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-06 | AA | accounts | Accounts with accounts type full | |
| 2023-10-27 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 4
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.