OPTIMA STAINLESS LIMITED
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Cash
£4.5M
+103% highest in 6 filed years
Net assets
£15M
+10.3% highest in 6 filed years
Employees
140
-6% vs 2024
Profit before tax
£2M
+52.6% 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 Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £12,748,013 | £16,515,000 | £50,098,000 | £29,566,000 | £28,815,000 | £28,294,000 | -1.8% | |
| Operating profit | £1,534,027 | £1,882,000 | £4,062,000 | £1,102,000 | £1,308,000 | £2,083,000 | +59.3% | |
| Profit before tax | £1,525,937 | £1,841,000 | £4,162,000 | £1,040,000 | £1,317,000 | £2,010,000 | +52.6% | |
| Net profit | £1,232,370 | £1,597,000 | £3,486,000 | £701,000 | £942,000 | £1,406,000 | +49.3% | |
| Cash | £979,603 | £1,678,000 | £3,177,000 | £2,606,000 | £2,220,000 | £4,507,000 | +103% | |
| Total assets less current liabilities | £8,160,927 | £10,215,000 | £14,926,000 | £14,683,000 | £14,909,000 | £15,623,000 | +4.8% | |
| Net assets | £6,802,542 | £8,456,000 | £11,942,000 | £12,643,000 | £13,585,000 | £14,991,000 | +10.3% | |
| Equity | £6,802,542 | £8,456,000 | £11,942,000 | £12,643,000 | £13,585,000 | £14,991,000 | +10.3% | |
| Average employees | 65 | 77 | 131 | 148 | 149 | 140 | -6% | |
| Wages | £1,965,305 | £2,368,000 | £5,848,000 | £4,745,000 | £5,006,000 | £4,895,000 | -2.2% | |
| Directors' remuneration | £17,256 | £18,000 | £26,000 | £13,000 | £11,000 | £17,000 | +54.5% |
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 | 2020-03-31 | 2021-03-31 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | 12.0% | 11.4% | 8.1% | 3.7% | 4.5% | 7.4% | |
| Net margin | 9.7% | 9.7% | 7.0% | 2.4% | 3.3% | 5.0% | |
| Return on capital employed | 18.8% | 18.4% | 27.2% | 7.5% | 8.8% | 13.3% | |
| Gearing (liabilities / total assets) | — | — | — | — | 31.0% | 27.2% | |
| Current ratio | — | — | — | 1.97x | 2.41x | 2.62x | |
| Interest cover | 59.17x | 40.91x | 20.83x | 7.30x | 13.63x | 14.17x |
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
- Standalone (parent only)
- Auditor
- Jamieson Alexander Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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
- “In anticipation of the new steel tariffs, the company is investing in its stock holdings, strengthening supply chain resilience and ensuring continued product availability for customers during a period of potential market disruption.”
- “During the year, Optima Stainless undertook a restructuring of its operational footprint, closing its site in Corby and consolidating the majority of warehousing and dispatch activities at ts facility in Kings Lynn.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| THURSTON, Jessica Amy | Director | 2026-04-21 | Nov 1993 | British |
| THURSTON, Neil Christopher | Director | 2012-03-01 | Oct 1982 | British |
| THURSTON, Roy Peter | Director | 2009-09-24 | Jul 1956 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JACOBS, Yomtov Eliezer | Director | 2009-09-10 | 2009-09-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Miss Jessica Amy Thurston | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2026-04-01 | Active |
| Mr Neil Christopher Thurston | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-02-12 | Active |
| Mr Neil Christopher Thurston | Individual | Significant influence | 2016-04-06 | Ceased 2026-02-12 |
| Mr Roy Peter Thurston | Individual | Shares 50–75%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 78 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-25 MA Memorandum articles
- 2026-04-25 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-26 | AA | accounts | Accounts with accounts type full | |
| 2026-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-25 | MA | incorporation | Memorandum articles | |
| 2026-04-25 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-25 | SH08 | capital | Capital name of class of shares | |
| 2026-04-25 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-04-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-09 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-12 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-02-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-30 | CH01 | officers | Change person director company with change date | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-30 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 17
- Capital events
- 2
- Officers appointed
- 1
- 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.