SCANMETALS (UK) LIMITED
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Cash
£4.7M
+17.2% vs 2023
Net assets
£12M
+19.9% vs 2023
Employees
54
+42.1% vs 2023
Profit before tax
£5.6M
+0.5% vs 2023
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £33,884,193 | £38,153,042 | +12.6% | |
| Operating profit | £5,610,605 | £5,578,748 | -0.6% | |
| Profit before tax | £5,548,443 | £5,575,839 | +0.5% | |
| Net profit | £4,225,927 | £4,169,212 | -1.3% | |
| Cash | £4,013,092 | £4,702,280 | +17.2% | |
| Total assets less current liabilities | £10,520,155 | £12,154,100 | +15.5% | |
| Net assets | £9,660,931 | £11,580,143 | +19.9% | |
| Equity | £9,660,931 | £11,580,143 | +19.9% | |
| Average employees | 38 | 54 | +42.1% | |
| Wages | £1,390,560 | £1,752,265 | +26% | |
| Directors' remuneration | — | — | — |
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 |
|---|---|---|---|
| Operating margin | 16.6% | 14.6% | |
| Net margin | 12.5% | 10.9% | |
| Return on capital employed | 53.3% | 45.9% | |
| Current ratio | 2.10x | 2.48x | |
| Interest cover | 90.26x | — |
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
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors therefore have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the date of approval of the financial statements. For these reasons, they continue to adopt the going concern basis in preparing the annual report and accounts.”
Significant events
- “During the year dividend payments totalling £2,250,000 were made in July 2024 to Amalgamated Metal Investment Holdings Ltd and Scanmetals A/S according to their shareholding. Post year end dividends of £1,500,000 were issued in January 2025 with a further £1,500,000 to be paid in July 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BELL, Ian Duncan | Director | 2021-05-31 | Jan 1979 | South African |
| FUGLSANG, Lars | Director | 2026-02-06 | Sep 1971 | Danish |
| KING, Andrew John | Director | 2021-05-20 | Jan 1965 | British |
| SHER, David Stephen | Director | 2018-09-28 | Jul 1983 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DENTONS SECRETARIES LIMITED | Corporate Secretary | 2016-12-22 | 2018-08-22 |
| BROWN, Hamish Terence Kinnear | Director | 2016-12-22 | 2021-05-31 |
| ESTEVES, Joao | Director | 2023-12-08 | 2026-01-30 |
| GROME, Martin | Director | 2016-12-22 | 2021-05-20 |
| KING, Andrew John | Director | 2016-11-17 | 2018-09-28 |
| PEDERSEN, Ejvind | Director | 2016-12-22 | 2023-12-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Amalgamated Metal Investment Holdings Ltd | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-12-22 | Active |
| Scanmetals A/S | Corporate entity | Shares 50–75%, Voting 50–75% | 2016-12-22 | Active |
| Amalgamated Metal Investment Holdings Limited | Corporate entity | Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors (as firm) | 2016-11-17 | Ceased 2016-12-22 |
Filing timeline
Last 20 of 47 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-01 RESOLUTIONS Resolution
- 2025-09-01 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-09 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-01 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-01 | MA | incorporation | Memorandum articles | |
| 2025-07-15 | AA | accounts | Accounts with accounts type full | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-01 | AA | accounts | Accounts with accounts type full | |
| 2023-12-08 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-08 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-06-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-25 | AA | accounts | Accounts with accounts type full | |
| 2022-11-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-06 | AA | accounts | Accounts with accounts type full | |
| 2022-04-22 | CH01 | officers | Change person director company with change date | |
| 2021-11-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-07 | AA | accounts | Accounts with accounts type full |
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.