CSL EUROPE LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-25 (in 8mo)
Last made up 2026-01-11
Watchouts
None on the register
Cash
£860K
EUR 989,000
+36.2% vs 2024
Net assets
£70M
EUR 80,477,000
+217.5% vs 2024
Employees
48
-9.4% vs 2024
Profit before tax
-£11M
EUR -12,621,000
+33.1% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £143,782,938 | £146,601,444 | |
| Operating profit | -£14,522,132 | -£9,219,063 | |
| Profit before tax | -£16,396,208 | -£10,975,737 | |
| Net profit | -£16,504,913 | -£10,991,391 | |
| Cash | £631,359 | £860,075 | |
| Total assets less current liabilities | £22,586,312 | £71,112,271 | |
| Net assets | £22,041,917 | £69,986,086 | |
| Equity | £22,041,917 | £69,986,086 | |
| Average employees | 53 | 48 | |
| Wages | £8,338,116 | £8,944,256 | |
| Directors' remuneration | £548,743 | £675,711 |
Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+2%
£143,782,938 £146,601,444
-
Cash
+36.2%
£631,359 £860,075
-
Net assets
+217.5%
£22,041,917 £69,986,086
-
Employees
-9.4%
53 48
-
Operating profit
+36.5%
-£14,522,132 -£9,219,063
-
Profit before tax
+33.1%
-£16,396,208 -£10,975,737
-
Wages
+7.3%
£8,338,116 £8,944,256
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -10.1% | -6.3% | |
| Net margin | -11.5% | -7.5% | |
| Return on capital employed | -64.3% | -13.0% | |
| Gearing (liabilities / total assets) | 71.6% | 42.6% | |
| Current ratio | 0.46x | 0.48x | |
| Interest cover | -5.44x | -2.93x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Ernst & Young LLP
- 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 group and parent company's ability to continue as a going concern for a period to 31 March 2027.”
Group structure
- CSL EUROPE LIMITED · parent
- Auscan Holdings Pty Limited 100%
- CSL Norse Holdings AS 100%
- CSL Norway AS 100%
- CSL OWL SRI B.V. 96%
- CSL Transhipment Pty Limited 100%
- CSL Australia Pty Limited 100%
- CSL Ship Management Pty Limited 100%
Significant events
- “In April 2025, the U.S. administration announced the imposition of tariffs on goods imported from most countries. Many governments are evaluating the imposition of or have already imposed reciprocal tariff measures on certain US imported goods.”
- “The acquisition of 50% of Peak Group on April 5th, 2024, followed by the launch of a new partnership, Peak CSL Group AS will broaden service offerings towards the renewable, oil & gas and infrastructure markets, and set a solid groundwork for future expansion.”
- “On December 23, 2025, Algoma Central Corporate ("Algoma") purchased a 50% stake in CSL Norse. The Parent's 100% investment in CSL Norse effectively became a 50% investment through a joint venture, which will be accounted for using the equity method.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DONNELLY, Alan | Director | 2022-06-22 | Nov 1966 | British |
| HANSEN, Jakob Sigsgaard | Director | 2014-03-25 | Nov 1969 | Danish |
| JENSEN, Maj-Britt (May) | Director | 2019-03-13 | May 1974 | Danish |
| PATERSON, Allister Currie | Director | 2024-06-17 | Oct 1960 | Canadian |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARNES, Jeffrey William | Director | 2011-08-30 | 2014-03-25 |
| CARSON, Matthew | Director | 2013-01-18 | 2013-11-01 |
| CLEGG, Scott Arthur | Director | 2015-06-30 | 2016-09-27 |
| COZZA, Paul Jeffrey | Director | 2011-08-30 | 2013-01-08 |
| DUNNE, Francis | Director | 2011-01-11 | 2011-08-30 |
| GAJLEWICZ, David | Director | 2016-09-27 | 2022-06-22 |
| HALL, Matthew Richard | Director | 2014-02-18 | 2015-06-30 |
| ROWE, John Stephen Martin | Director | 2011-08-30 | 2014-02-18 |
| SYPNOWICH, John Joseph | Director | 2013-11-25 | 2024-06-17 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 185 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-16 RESOLUTIONS Resolution
- 2026-04-07 RESOLUTIONS Resolution
- 2026-03-09 RESOLUTIONS Resolution
- 2026-01-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-16 | SH20 | capital | Legacy | |
| 2026-04-16 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-04-16 | CAP-SS | insolvency | Legacy | |
| 2026-04-16 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-07 | SH20 | capital | Legacy | |
| 2026-04-07 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-04-07 | CAP-SS | insolvency | Legacy | |
| 2026-04-07 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-31 | AA | accounts | Accounts with accounts type group | |
| 2026-03-09 | SH20 | capital | Legacy | |
| 2026-03-09 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-03-09 | CAP-SS | insolvency | Legacy | |
| 2026-03-09 | RESOLUTIONS | resolution | Resolution | |
| 2026-02-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-15 | SH20 | capital | Legacy | |
| 2026-01-15 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-01-15 | CAP-SS | insolvency | Legacy | |
| 2026-01-15 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-15 | SH20 | capital | Legacy | |
| 2026-01-15 | SH19 | capital | Capital statement capital company with date currency figure |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 10
- 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.