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Cash

Latest balance sheet

Net assets

£5.2m

-1.3% lowest in 3 filed years

Employees

0

Average over period

Profit before tax

£220k

-23.6% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-03-312025-03-312026-03-31 Δ vs prior
Turnover
Operating profit £279,000£288,000
Profit before tax £279,000£288,000£220,000 -23.6%
Net profit £279,000£288,000£220,000 -23.6%
Cash
Total assets less current liabilities £6,021,000£5,288,000
Net assets £6,021,000£5,288,000£5,220,000 -1.3%
Equity £6,021,000£5,288,000£5,220,000 -1.3%
Average employees 000
Wages £0£0
Directors' remuneration £0£0£0

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 2024-03-312025-03-312026-03-31
Return on capital employed 4.6%5.4%
Gearing (liabilities / total assets) 0.0%0.0%0.0%

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

  1. PRIMETALS ASSET MANAGEMENT U.K. LTD 2014-12-22 → present
  2. SIEMENS VAI METALS TECHNOLOGIES LIMITED 2006-11-28 → 2014-12-22
  3. VAI INDUSTRIES (UK) LIMITED 1995-11-30 → 2006-11-28
  4. DE FACTO 428 LIMITED 1995-09-20 → 1995-11-30

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“the directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

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

People

2 active · 41 resigned

Name Role Appointed Born Nationality
FREEMAN, Paul Nicholas Director 2025-04-01 Jul 1970 British
ROTTI, Massimo Director 2023-07-01 Nov 1961 Italian
Show 41 resigned officers
Name Role Appointed Resigned
CARLESS, Helen Claire Secretary 2012-11-09 2015-01-06
HAYES, Nigel Edward Secretary 2004-03-08 2012-10-25
TOIFL, Armin Rafael, Dr Secretary 1995-12-19 2004-03-08
WESTWOOD, Jonathan Secretary 2016-02-16 2018-03-01
TRAVERS SMITH SECRETARIES LIMITED Corporate Nominee Secretary 1995-09-20 1995-12-19
AUER, Werner Director 2008-06-02 2012-11-02
BRAMMER, Michael Peter Director 2016-02-05 2023-07-02
BRAMMER, Michael Peter Director 2008-06-02 2012-10-25
BROWN, Stephen Director 2016-08-23 2025-04-01
DAWIDOWSKY, Tim Director 2009-11-26 2012-10-31
DURNIG, Herbert, Dipl Eng Director 1995-12-19 2000-04-26
EBERLE, Anton Franz Director 2000-02-17 2002-06-24
ENNSBRUNNER, Erich Director 2002-06-24 2007-09-05
EVANS, James Franklin Director 2004-03-08 2007-10-12
FALCH, Gerhard Director 2002-06-24 2007-09-05
GAFFNEY, Richard Director 2014-12-16 2015-11-30
GEMMELL, Alistair James Director 2004-03-08 2014-12-16
GRUBER, Karl Director 1997-10-16 1999-06-29
HAAS, Christian Josef Director 1997-10-16 1998-06-29
HASLEHURST, Peter Joseph Kinder Director 2000-02-07 2004-03-08
HAYES, Nigel Edward Director 2004-03-08 2016-08-23
HELD, Lorenz Johann Director 1998-07-07 2002-06-24
HILL, David Eric Director 2004-03-08 2009-02-16
KRAUSS, Martin Director 2009-11-26 2012-11-02
LIEGL, Thomas, Dipl Kfm Director 2005-10-18 2007-09-05
LINNE, Hans Werner Director 2008-06-02 2009-04-09
MICHLMAYR, Wolfgang, Dr Director 1995-12-19 1996-07-01
PFEIFFER, Richard, Dr Director 2005-10-18 2010-09-16
PIESINGER, Alfred Director 2008-06-02 2012-01-26
RIGLER, Guenter Director 1996-10-22 2002-06-24
SCHWAHA, Karl Director 1999-07-08 2002-06-24
SCHWARZGRUBER, Wolfgang Director 1996-10-22 1997-10-16
STEWART, Jonathan Blaise Director 2009-11-26 2012-10-25
STOHL, Gert Dietmar Director 2000-04-26 2007-09-05
TAZZYMAN, James Roy Director 1996-07-23 2007-09-05
TOIFL, Armin Rafael, Dr Director 1995-12-19 2000-02-17
WALDNER, Peter Director 1998-07-07 2002-07-10
WINGROVE, Geoffrey Stuart Director 2004-03-08 2012-10-22
WOEDLINGER, Reinhard Director 1996-10-22 1997-10-16
TRAVERS SMITH LIMITED Corporate Nominee Director 1995-09-20 1995-12-19
TRAVERS SMITH SECRETARIES LIMITED Corporate Nominee Director 1995-09-20 1995-12-19

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Primetals Technologies, Limited Corporate entity Significant influence 2016-06-30 Active

Filing timeline

Last 20 of 230 total filings

Date Type Category Description
2026-07-16 AA accounts Accounts with accounts type full
2026-03-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-11 AA accounts Accounts with accounts type full
2025-04-01 TM01 officers Termination director company with name termination date PDF
2025-04-01 AP01 officers Appoint person director company with name date PDF
2025-03-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-10 AA accounts Accounts with accounts type full
2024-03-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-26 AA accounts Accounts with accounts type full
2023-07-02 TM01 officers Termination director company with name termination date PDF
2023-07-02 AP01 officers Appoint person director company with name date PDF
2023-03-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-07-19 AA accounts Accounts with accounts type full
2022-03-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-21 AA accounts Accounts with accounts type full
2021-04-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-10-01 AA accounts Accounts with accounts type full
2020-05-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-06-21 AA accounts Accounts with accounts type full
2019-03-18 CS01 confirmation-statement Confirmation statement with no updates 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