THE REMET GROUP LIMITED
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2027-03-15 (in 10mo)
Last made up 2026-03-01
Watchouts
None on the register
Cash
£12M
-29.4% vs 2024
Net assets
£40M
+26.1% vs 2024
Employees
182
+55.6% vs 2024
Profit before tax
£11M
+48.4% vs 2024
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · latest reflected 2025-06-30
| Metric | Trend | 2022-09-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|
| Turnover | — | — | £219,690,985 | £278,827,408 | |
| Operating profit | — | — | £8,158,551 | £9,950,934 | |
| Profit before tax | — | — | £7,134,778 | £10,588,830 | |
| Net profit | — | — | £5,283,491 | £7,859,864 | |
| Cash | — | — | £16,843,208 | £11,899,579 | |
| Total assets less current liabilities | — | — | £48,398,695 | £47,464,339 | |
| Net assets | — | — | £31,716,496 | £39,983,443 | |
| Equity | £48,811,502 | £49,090,565 | £31,716,496 | £39,983,443 | |
| Average employees | — | — | 117 | 182 | |
| Wages | — | — | £7,416,518 | £9,837,704 | |
| Directors' remuneration | — | — | £3,088,030 | £2,593,737 |
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
FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30
-
Turnover
+26.9%
£219,690,985 £278,827,408
-
Cash
-29.4%
£16,843,208 £11,899,579
-
Net assets
+26.1%
£31,716,496 £39,983,443
-
Employees
+55.6%
117 182
-
Operating profit
+22%
£8,158,551 £9,950,934
-
Profit before tax
+48.4%
£7,134,778 £10,588,830
-
Wages
+32.6%
£7,416,518 £9,837,704
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 | 2022-09-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|
| Operating margin | — | — | 3.7% | 3.6% | |
| Net margin | — | — | 2.4% | 2.8% | |
| Return on capital employed | — | — | 16.9% | 21.0% | |
| Gearing (liabilities / total assets) | — | — | 70.4% | 66.4% | |
| Current ratio | — | — | 1.37x | 1.17x | |
| Interest cover | — | — | 2.43x | 3.88x |
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
- Consolidated group
- Auditor
- MGR Weston Kay 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's and the parent 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.”
Group structure
- THE REMET GROUP LIMITED · parent
- The Remet Company Limited 100%
- Avon Metals Limited 75.3%
- Avon Specialty Metals Limited 48.2%
- Longwear Holdings Limited 75.3%
- Longwear Alloys Limited 75.3%
- Avon Properties (2025) Limited 75.3%
- Remet Metal Company Ireland Ltd 100%
- Remet Ferrous Limited 60%
- Remet (Barnet) Limited 100%
- Glevum Manco Limited 100%
- Alcumet Trading Limited 100%
- Remet BidCo Limited 100%
- Remet Apreco Holdings Limited 92%
- Apreco Holdings Limited 92%
- Apreco Limited 92%
- Remet Bradford Holdings Limited 92.5%
- A & K Ecofilm Limited 92.5%
Significant events
- “On 28 October 2024, the Group acquired 100% of the shares of A & K Ecofilms Limited.”
- “On 2 April 2025, the Group acquired 75.3% of the shares of Longwear Holdings Limited and its subsidiary Longwear Alloys Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BREWER, Philip John | Secretary | 2023-05-23 | — | — |
| BREWER, Philip John | Director | 2022-03-02 | Aug 1967 | British |
| COHEN, Shraga | Director | 2022-03-02 | Mar 1947 | British |
| REID, Marc Henry | Director | 2024-03-02 | Jul 1991 | British |
| REID, Philip | Director | 2022-03-02 | May 1990 | British |
| REID, Walter | Director | 2022-03-02 | Feb 1955 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| STELZER, Joe Nigel David | Director | 2022-03-02 | 2023-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Marc Henry Reid | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2024-03-02 | Active |
| Mr Philip Reid | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2022-03-02 | Active |
Filing timeline
Last 20 of 25 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-31 | RPCH01 | miscellaneous | Legacy | |
| 2026-03-30 | AA | accounts | Accounts with accounts type group | |
| 2026-03-06 | CH01 | officers | Change person director company with change date | |
| 2026-03-04 | CH01 | officers | Change person director company with change date | |
| 2026-03-04 | CH01 | officers | Change person director company with change date | |
| 2025-05-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-02 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-14 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-03-20 | AA | accounts | Accounts with accounts type group | |
| 2025-01-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-22 | AA | accounts | Accounts with accounts type group | |
| 2023-10-27 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-09-12 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-06-06 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-06-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-06 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-06-06 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- 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.