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Cash

£187k

-6.2% vs 2024

Net assets

£6m

+1.9% highest in 3 filed years

Employees

48

-7.7% lowest in 3 filed years

Profit before tax

£299k

-46.4% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30

Metric Trend 2023-09-302024-09-302025-09-30 Δ vs prior
Turnover £11,157,501£11,047,290£9,667,985 -12.5%
Operating profit £620,777£515,412£328,354 -36.3%
Profit before tax £496,005£558,173£299,222 -46.4%
Net profit £362,005£508,173£225,140 -55.7%
Cash £34,471£199,926£187,494 -6.2%
Total assets less current liabilities £9,179,513£9,409,588£8,577,946 -8.8%
Net assets £5,474,032£5,882,979£5,996,490 +1.9%
Equity £5,474,032£5,882,979£5,996,490 +1.9%
Average employees 515248 -7.7%
Wages £2,330,634£2,486,699£2,340,821 -5.9%
Directors' remuneration £443,689£494,584£447,146 -9.6%

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 2023-09-302024-09-302025-09-30
Operating margin 5.6%4.7%3.4%
Net margin 3.2%4.6%2.3%
Return on capital employed 6.8%5.5%3.8%
Gearing (liabilities / total assets) 54.0%47.7%41.5%
Current ratio 3.04x4.22x4.07x
Interest cover 3.62x3.43x4.09x

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

  1. COREWIRE LIMITED 1977-12-31 → present
  2. BRINELL ENGINEERING LIMITED 1975-12-10 → 1977-12-31

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Begbies
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“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.”

Group structure

  1. COREWIRE LIMITED · parent
    1. Corewire Surface Technology Pvt Limited 80% · India · manufacture and repair continuous caster rolls for the steel industry
    2. Corewire Surface Technology sro 100% · Slovakia · manufacture and repair continuous caster rolls for the steel industry
    3. Weldclad Limited 100%
    4. Kespar Technology Limited 100%

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 6 resigned

Name Role Appointed Born Nationality
WELCH, Ian Secretary 2005-11-04 British
ANSTEE, Raymond Charles Director 2001-06-01 Aug 1956 British
BOAG, Alasdair Director 2000-10-01 Jun 1970 British
BOAG, Beverley John Director Jul 1942 British
BOAG, Martin David Director 2005-11-03 Jul 1944 British
WELCH, Ian Director 2005-11-04 Jun 1969 British
Show 6 resigned officers
Name Role Appointed Resigned
BOAG, Martin David Secretary 2005-11-03
DUVAL-STEER, Ronald Director 1994-07-05
HENDERSON, Terence Winston Director 1996-04-01 2004-08-17
HUNT, Stephen Donald Director 2014-04-30
LE JEUNE, David, Dr Director 2006-04-01 2020-01-31
WARR, George Edward Director 1996-03-17

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Blackwater Holdings Limited Corporate entity Shares 75–100% 2023-03-01 Active
Mr Beverley John Boag Individual Significant influence 2016-07-22 Ceased 2022-06-29

Filing timeline

Last 20 of 121 total filings

Date Type Category Description
2026-07-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-07-04 AA accounts Accounts with accounts type full
2025-07-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-07 AA accounts Accounts with accounts type full
2024-07-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-19 AA accounts Accounts with accounts type full
2023-07-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-20 AA accounts Accounts with accounts type full
2023-03-30 CS01 confirmation-statement Confirmation statement with updates PDF
2023-03-30 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2023-03-30 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2022-07-26 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2022-07-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-07-18 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-04-14 AA accounts Accounts with accounts type full
2021-07-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-06-15 AA accounts Accounts with accounts type full
2020-07-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-04-08 AA accounts Accounts with accounts type full
2020-02-18 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page