EUROCLAD GROUP LIMITED
Get an alert when EUROCLAD GROUP LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£4.4M
+1,078% vs 2023
Net assets
£113M
+22% vs 2023
Employees
324
+2.9% vs 2023
Profit before tax
£21M
-29.1% vs 2023
Net assets
2-year trend · vs Industrials 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 | £176,484,548 | £140,399,726 | -20.4% | |
| Operating profit | £30,234,030 | £17,954,769 | -40.6% | |
| Profit before tax | £30,087,551 | £21,321,090 | -29.1% | |
| Net profit | £25,659,136 | £20,302,035 | -20.9% | |
| Cash | £374,542 | £4,412,207 | +1,078% | |
| Total assets less current liabilities | £100,960,089 | £120,287,481 | +19.1% | |
| Net assets | £92,696,431 | £113,095,518 | +22% | |
| Equity | £92,696,431 | £113,095,518 | +22% | |
| Average employees | 315 | 324 | +2.9% | |
| Wages | £13,189,560 | £12,162,036 | -7.8% | |
| Directors' remuneration | £620,914 | £508,361 | -18.1% |
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 | 17.1% | 12.8% | |
| Net margin | 14.5% | 14.5% | |
| Return on capital employed | 29.9% | 14.9% | |
| Gearing (liabilities / total assets) | 23.1% | 18.1% | |
| Current ratio | 5.41x | 6.97x |
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 3 times since incorporation
- EUROCLAD GROUP LIMITED 2018-11-30 → present
- EURO CLAD LIMITED 1993-09-23 → 2018-11-30
- EURO CLAD (SOUTH WALES) LIMITED 1980-12-31 → 1993-09-23
- SERVOSTONE LIMITED 1980-06-18 → 1980-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On that basis, the directors have concluded that there are no material uncertainties that would cast significant doubt over the Company's ability to continue as a going concern. For this reason, the directors consider it appropriate to continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “Order intake and order backlog has seen momentum during the first quarter of 2025 which bodes well for future deliveries.”
- “The directors approved a budget and three year strategic plan that set targets for 2025, 2026, 2027 and 2028 taking into account growth opportunities in key markets.”
- “The directors decided to pay a total dividend of £Nil in the year (2023: £Nil).”
- “Climate change”
- “Product failure”
- “Laws and regulations”
- “Business interruption (including IT continuity)”
- “Credit risk and credit control”
- “Talent development and retention”
- “Fraud and cybercrime”
- “Health and Safety”
- “There have been no significant events subsequent to 31 December 2024 which would require adjustment to or disclosure in these financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KINGSPAN GROUP LIMITED | Corporate Secretary | 2016-04-30 | — | — |
| DE RYNCK, Steven | Director | 2024-01-15 | Jan 1978 | Belgian |
| JONES, Richard Gwyn | Director | 2020-08-05 | Jul 1981 | Welsh |
| SMITH, Philip | Director | 2022-05-18 | May 1964 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HANNAH, Paul George | Secretary | — | 2016-04-30 |
| ALLEN, Nigel | Director | 2011-05-02 | 2014-08-06 |
| BRASH, Jeremy Patrick | Director | 2016-04-30 | 2017-12-31 |
| BULLOUGH, Peter James Cameron | Director | 2020-01-20 | 2024-04-30 |
| CHRISTENSEN, Thomas | Director | 2022-05-16 | 2025-09-15 |
| COOK, Philip Andrew Byrne | Director | — | 2018-12-31 |
| FRAMPTON, Piers Francis | Director | — | 1994-04-29 |
| KEARNEY, Aiveen | Director | 2018-02-26 | 2022-05-16 |
| NEIRYNCK, Els Leen Gilbert | Director | 2016-04-30 | 2018-02-20 |
| O'GORMAN, Paul | Director | 2018-02-26 | 2020-01-20 |
| PHILLIPS, Anthony John | Director | 1993-08-02 | 2017-12-31 |
| PHILLIPS, Stephen John | Director | 1997-01-02 | 2016-04-30 |
| SHATHER, Mark Iestyn | Director | 2018-12-31 | 2020-01-07 |
| SHEEN, Andrew | Director | 2020-01-07 | 2020-08-05 |
| THOMAS, Simon Kevin | Director | 2017-12-31 | 2019-05-07 |
| WILLIAMS, David Nicholas Owen | Director | — | 2016-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ever 2479 Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-07-30 | Active |
| Euro Clad (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2018-07-30 |
Filing timeline
Last 20 of 252 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-04 | AA | accounts | Accounts with accounts type full | |
| 2024-12-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-06 | AA | accounts | Accounts with accounts type full | |
| 2024-06-18 | CH01 | officers | Change person director company with change date | |
| 2024-06-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-29 | AA | accounts | Accounts with accounts type full | |
| 2022-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-08 | AA | accounts | Accounts with accounts type full | |
| 2022-05-18 | AP01 | officers | Appoint person director company with name date | |
| 2022-05-17 | TM01 | officers | Termination director company with name termination date | |
| 2022-05-17 | AP01 | officers | Appoint person director company with name date | |
| 2022-02-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-25 | AA | accounts | Accounts with accounts type full | |
| 2020-12-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-09-10 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- 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.