OPTIMA STAINLESS LIMITED
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Next accounts due
2026-06-27 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2026-10-14 (in 5mo)
Last made up 2025-09-30
Watchouts
Cash
£2M
-14.8% vs 2023
Net assets
£14M
+7.5% vs 2023
Employees
149
+0.7% vs 2023
Profit before tax
£1M
+26.6% vs 2023
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
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-09-30
| Metric | Trend | 2018-03-31 | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £29,566,000 | £28,815,000 | |
| Operating profit | — | — | — | — | — | £1,102,000 | £1,308,000 | |
| Profit before tax | — | — | — | — | — | £1,040,000 | £1,317,000 | |
| Net profit | — | — | — | — | — | £701,000 | £942,000 | |
| Cash | — | — | — | — | — | £2,606,000 | £2,220,000 | |
| Total assets less current liabilities | — | — | — | — | — | £14,683,000 | £14,909,000 | |
| Net assets | — | — | — | — | — | £12,643,000 | £13,585,000 | |
| Equity | — | — | — | — | — | £12,643,000 | £13,585,000 | |
| Average employees | — | — | — | — | — | 148 | 149 | |
| Wages | — | — | — | — | — | £4,745,000 | £5,006,000 | |
| Directors' remuneration | — | — | — | — | — | £13,000 | £11,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30
-
Turnover
-2.5%
£29,566,000 £28,815,000
-
Cash
-14.8%
£2,606,000 £2,220,000
-
Net assets
+7.5%
£12,643,000 £13,585,000
-
Employees
+0.7%
148 149
-
Operating profit
+18.7%
£1,102,000 £1,308,000
-
Profit before tax
+26.6%
£1,040,000 £1,317,000
-
Wages
+5.5%
£4,745,000 £5,006,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-03-31 | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 3.7% | 4.5% | |
| Net margin | — | — | — | — | — | 2.4% | 3.3% | |
| Return on capital employed | — | — | — | — | — | 7.5% | 8.8% | |
| Current ratio | — | — | — | — | — | 1.97x | 2.41x | |
| Interest cover | — | — | — | — | — | 7.30x | 13.63x |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Jamieson Alexander Audit 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
- “In September 2025, subsequent to the balance sheet date, the company announced the closure of its operations at its site in Corby. This decision forms part of a strategic initiative to consolidate those activities at the King's Lynn site, thereby improving operational efficiency.”
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 77 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 | |
|---|---|---|---|---|
| 2026-04-29 | 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 | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 16
- 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.