FERROUS PROTECTION LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-03 (in 5mo)
Last made up 2025-09-19
Watchouts
Cash
£17K
-64.3% vs 2023
Net assets
£527K
-51.1% vs 2023
Employees
33
+32% highest in 4 filed years
Profit before tax
-£738K
-246.2% lowest in 4 filed years
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
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | £1,574,426 | £3,523,231 | £4,556,300 | £5,757,428 | |
| Operating profit | £179,574 | £676,008 | £545,128 | -£627,257 | |
| Profit before tax | £178,719 | £656,831 | £504,702 | -£737,986 | |
| Net profit | £140,242 | £528,196 | £410,337 | -£551,557 | |
| Cash | £7,294 | £314,810 | £48,706 | £17,400 | |
| Total assets less current liabilities | £140,342 | £814,326 | £1,450,746 | £783,200 | |
| Net assets | £140,342 | £668,538 | £1,078,875 | £527,318 | |
| Equity | £140,342 | £668,538 | £1,078,875 | £527,318 | |
| Average employees | 23 | 22 | 25 | 33 | |
| Wages | — | — | — | — | |
| 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. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+26.4%
£4,556,300 £5,757,428
highest in 4 filed years
-
Cash
-64.3%
£48,706 £17,400
-
Net assets
-51.1%
£1,078,875 £527,318
-
Employees
+32%
25 33
highest in 4 filed years
-
Operating profit
-215.1%
£545,128 -£627,257
lowest in 4 filed years
-
Profit before tax
-246.2%
£504,702 -£737,986
lowest in 4 filed years
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | 11.4% | 19.2% | 12.0% | -10.9% | |
| Net margin | 8.9% | 15.0% | 9.0% | -9.6% | |
| Return on capital employed | 128.0% | 83.0% | 37.6% | -80.1% | |
| Current ratio | — | — | 1.66x | 0.98x | |
| Interest cover | 210.03x | 35.25x | 13.48x | -5.66x |
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.
Name history
Renamed 1 time since incorporation
- FERROUS PROTECTION LTD 2021-09-28 → present
- FPL2021 LTD 2021-07-21 → 2021-09-28
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis in preparing the annual financial statements.”
Significant events
- “On 24 February 2025, 100% of the issued share capital of CorpAcq Holdings Limited, which in turn owns 100% of CorpAcq Limited, was acquired by Caledon Bidco Limited. Caledon Bidco Limited is 55.32% owned by Caledon Bidco Sarl, 25.23% by Orange UK Holdings, 19.45% by other minority shareholders.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MILLWARD, Phillip Robert | Director | 2021-07-21 | Jun 1962 | British |
| SKELHORN, Daniel Alfred | Director | 2024-07-29 | Jun 1981 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRUNT, Roy | Secretary | 2021-07-21 | 2024-07-29 |
| DODD, Matthew James | Director | 2021-07-21 | 2026-03-27 |
| KING, John William | Director | 2021-07-21 | 2024-12-31 |
| MARSHALL, Dominic | Director | 2023-10-01 | 2025-09-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr John William King | Individual | Shares 25–50%, Voting 25–50% | 2021-07-21 | Ceased 2024-09-12 |
| Qualitech Environmental Services Limited | Corporate entity | Shares 50–75%, Voting 50–75% | 2021-07-21 | Active |
Filing timeline
Last 20 of 23 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-24 | AA | accounts | Accounts with accounts type full | |
| 2025-02-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-07-29 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-07-29 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-18 | AA | accounts | Accounts with accounts type small | |
| 2024-02-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-09 | AA | accounts | Accounts with accounts type full | |
| 2022-07-13 | AA | accounts | Accounts with accounts type small | |
| 2022-07-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-06-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-11-15 | SH02 | capital | Capital alter shares subdivision | |
| 2021-11-03 | AA01 | accounts | Change account reference date company current shortened | |
| 2021-10-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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.