SOUDAL (UK) LIMITED
Get an alert when SOUDAL (UK) LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£3
0% vs 2023
Net assets
£3.9m
+51.1% vs 2023
Employees
74
+25.4% highest in 4 filed years
Profit before tax
£1.8m
-11.1% vs 2023
Watch the reel
Our short-form breakdown of SOUDAL (UK) LIMITED's latest filing
Soudal UK grew its top line by 5.7% to £88.4m, but a 15% jump in admin expenses and higher import costs meant operating profit slipped. 📉
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £61,683,282 | — | £84,125,076 | £83,620,584 | -0.6% | |
| Operating profit | £1,449,557 | — | £1,976,938 | £1,797,841 | -9.1% | |
| Profit before tax | £1,452,519 | £1,728,176 | £2,015,620 | £1,791,044 | -11.1% | |
| Net profit | £1,171,170 | £1,402,203 | £1,519,792 | £1,327,128 | -12.7% | |
| Cash | £4 | £4 | £3 | £3 | 0% | |
| Total assets less current liabilities | £8,569,449 | £1,981,346 | £2,646,791 | £3,990,978 | +50.8% | |
| Net assets | £8,543,939 | £1,946,142 | £2,596,884 | £3,924,012 | +51.1% | |
| Equity | £8,543,939 | £1,946,142 | £2,596,884 | £3,924,012 | +51.1% | |
| Average employees | 50 | 50 | 59 | 74 | +25.4% | |
| Wages | £1,966,878 | £2,114,732 | £2,788,933 | £3,443,654 | +23.5% | |
| 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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | 2.3% | — | 2.3% | 2.1% | |
| Net margin | 1.9% | — | 1.8% | 1.6% | |
| Return on capital employed | 16.9% | — | 74.7% | 45.0% | |
| Current ratio | — | — | 1.13x | 1.18x |
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
- Standalone (parent only)
- Auditor
- Haslehursts Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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 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.”
Significant events
- “2024 has seen a return to more normalised average sales prices across the business, when compared to the levels of 2023 and 2022. While selling prices have influenced the overall revenues, the Company continues to see strong volume growth year on year.”
- “Continued investment in our people remains a key strategy for our success and growth. Headcount has grown YoY by 25% and an overall review of the Company benefits package was also undertaken which resulted in enhancements to the pension scheme.”
- “Additions to the company fleet include hybrid and electric vehicles. The company continues to support staff with the installation of electric vehicle charging points at their homes where possible. More product lines containing recycled materials introduced into the range.”
- “Longer term initiatives under consideration: Where practical, all company cars issued to employees will be electric or hybrid. Assessment of the office/ warehouse building for the suitability of solar panels. Updating of inefficient halogen lighting systems for more environmentally friendly and efficient LED systems.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COOREVITS, Dirk | Director | 1996-12-20 | Aug 1959 | Belgian |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOIY, Jef Jozef | Secretary | 1996-12-20 | 2019-12-31 |
| ACCESS REGISTRARS LIMITED | Corporate Nominee Secretary | 1996-12-20 | 1996-12-20 |
| VLOEBERGHEN, Eddy | Director | 1996-12-20 | 2019-01-11 |
| ACCESS NOMINEES LIMITED | Corporate Nominee Director | 1996-12-20 | 1996-12-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Baron Victor Swerts | Individual | Shares 75–100% | 2020-01-01 | Active |
| Mr Dirk Coorevits | Individual | Significant influence | 2016-04-06 | Ceased 2020-01-01 |
Filing timeline
Last 20 of 81 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-26 | AA | accounts | Accounts with accounts type full | |
| 2024-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-07 | AA | accounts | Accounts with accounts type full | |
| 2023-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-08 | AA | accounts | Accounts with accounts type full | |
| 2022-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-13 | AA | accounts | Accounts with accounts type full | |
| 2022-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-07 | AA | accounts | Accounts with accounts type full | |
| 2020-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-10 | AA | accounts | Accounts with accounts type full | |
| 2020-01-02 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2020-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-01-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2019-07-16 | AA | accounts | Accounts with accounts type full | |
| 2019-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2018-12-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-04-03 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.