SIA ABRAFOAM LIMITED
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Cash
£2.2m
-28.7% vs 2024
Net assets
£1.7m
-62.4% lowest in 3 filed years
Employees
53
-28.4% lowest in 3 filed years
Profit before tax
£2m
+137.6% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
As noted above the company has ceased trading and as a result, the financial statements are prepared on a basis other than going concern.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £12,234,000 | £13,185,000 | £8,826,000 | -33.1% | |
| Operating profit | £563,000 | £812,000 | £80,000 | -90.1% | |
| Profit before tax | £525,000 | £858,000 | £2,039,000 | +137.6% | |
| Net profit | £390,000 | £604,000 | £1,543,000 | +155.5% | |
| Cash | £1,292,000 | £3,130,000 | £2,232,000 | -28.7% | |
| Total assets less current liabilities | £4,864,000 | £7,796,000 | £2,042,000 | -73.8% | |
| Net assets | £3,971,000 | £4,575,000 | £1,718,000 | -62.4% | |
| Equity | £3,971,000 | £4,575,000 | £1,718,000 | -62.4% | |
| Average employees | 84 | 74 | 53 | -28.4% | |
| Wages | £3,032,000 | £3,533,000 | £2,265,000 | -35.9% | |
| 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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 4.6% | 6.2% | 0.9% | |
| Net margin | 3.2% | 4.6% | 17.5% | |
| Return on capital employed | 11.6% | 10.4% | 3.9% | |
| Gearing (liabilities / total assets) | 38.9% | 51.9% | 48.5% | |
| Current ratio | 2.56x | 4.87x | 2.58x | |
| Interest cover | 14.82x | 16.92x | 3.48x |
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
- SIA ABRAFOAM LIMITED 2005-11-04 → present
- ABRASIVE FOAM LIMITED 1994-08-02 → 2005-11-04
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“As noted above the company has ceased trading and as a result, the financial statements are prepared on a basis other than going concern.”
Significant events
- “On the 1 January 2025 the company sold it's third party business (trade only) to sia Abrasives Industries AG for £1,813 and on the same date contracted to manufacture sia branded foam abrasives for sia Abrasives Industries AG until production is transferred to sia Abrasives Polska Sp.z.o.o.”
- “The company's principal trading activity during the year was the manufacture and distribution of a comprehensive range of abrasive foams from its plant in Alfreton, UK for sia Abrasives AG in Switzerland. During 2025 the company transferred the majority production facilities to sia Abrasives Polska Sp.z.o.o based in Goleniow, Poland.”
- “On 22 July 2026, the lease agreement was settled in full for the remainder of its contractual term, and the site was handed back to the landlord. Discussions regarding the final dilapidation obligations remain ongoing and are expected to be concluded before the end of 2026. Once the dilapidation obligations have been agreed, the intention of the business is to proceed with formal liquidation.”
- “The company ceased trading at the end of October 2025. Following the completion of transferring to sia Abrasives Polska Sp.z.o.o and the sale or disposal of the production facilities the Alfreton offices and site were vacated at the end of November 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BURTON, Jonathan David | Secretary | 2013-01-17 | — | — |
| FROEHLICH, Klaus Bernd | Director | 2024-12-04 | Nov 1978 | German |
| KIRN, Julia Viktoria | Director | 2026-06-01 | Sep 1986 | German |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COBHAM, John Graham | Secretary | 2011-02-01 | 2013-01-17 |
| COXON, Carol | Secretary | 1994-07-25 | 2005-12-31 |
| DAVIDSON, Alan Lloyd | Secretary | 2006-02-06 | 2008-06-30 |
| RODGERS, Rachel Dawn | Secretary | 2008-07-01 | 2011-01-31 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 1994-08-02 | 1994-08-02 |
| CASTLE, Andrew Ralph | Director | 2013-01-17 | 2015-04-01 |
| COXON, Andrew Paul | Director | 2002-08-01 | 2005-11-02 |
| COXON, Carol | Director | 1994-07-25 | 2005-11-02 |
| EBERLE, Roland | Director | 2007-01-01 | 2012-10-15 |
| ELEUTHERI, Roger | Director | 2009-04-01 | 2012-10-15 |
| HEESE, Marcel | Director | 2024-06-21 | 2026-06-01 |
| HOFFMANN, Steffen Tobias, Dr | Director | 2015-03-31 | 2020-12-01 |
| KELLER, Stephan Dieter | Director | 2012-10-15 | 2013-01-17 |
| LEPPLE, Ute Tanja | Director | 2012-10-15 | 2024-06-21 |
| MAHRLE, Gerhard | Director | 2005-11-02 | 2009-03-31 |
| RAJAKOBA, Vonjy Rakotonaivo | Director | 2020-12-01 | 2024-08-31 |
| SCHIFFERLE, Peter Alfons | Director | 2005-11-02 | 2006-12-31 |
| SERRE, Marianne | Director | 2017-05-01 | 2020-09-16 |
| STAHELI, Beat Adolf | Director | 2009-04-01 | 2012-10-15 |
| TIMMINS, Ian Michael | Director | 2012-10-15 | 2017-05-01 |
| WRAGG, Malcolm Reginald | Director | 1994-07-25 | 2007-12-31 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 1994-08-02 | 1994-08-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sia Abrasives Holding Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 123 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-08 | AA | accounts | Accounts with accounts type full | |
| 2026-07-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-06-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-08-27 | AA | accounts | Accounts with accounts type full | |
| 2025-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-23 | AA | accounts | Accounts with accounts type full | |
| 2024-09-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-06 | AA | accounts | Accounts with accounts type full | |
| 2023-07-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-29 | AA | accounts | Accounts with accounts type full | |
| 2021-08-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-01 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.