HEXCEL REINFORCEMENTS UK LIMITED
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Cash
£2
Latest balance sheet
Net assets
-£1.2m
-155.9% vs 2024
Employees
75
-9.6% lowest in 6 filed years
Profit before tax
-£4.4m
-28% lowest in 6 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £15,135,000 | £15,329,000 | £19,117,000 | £19,384,233 | £18,975,200 | £11,360,914 | -40.1% | |
| Operating profit | -£2,640,000 | -£3,329,000 | -£2,211,000 | -£1,803,311 | -£1,908,427 | -£3,771,096 | -97.6% | |
| Profit before tax | -£2,744,000 | -£3,396,000 | -£2,576,000 | -£3,173,933 | -£3,433,949 | -£4,396,975 | -28% | |
| Net profit | -£1,950,000 | -£2,890,000 | -£1,415,000 | -£1,894,597 | -£1,985,633 | -£3,328,376 | -67.6% | |
| Cash | — | — | — | — | £0 | £2 | — | |
| Total assets less current liabilities | -£7,493,000 | -£10,545,000 | -£12,484,000 | -£14,379,013 | £2,135,354 | -£1,193,022 | -155.9% | |
| Net assets | -£8,014,000 | -£10,904,000 | -£12,484,000 | -£14,379,013 | £2,135,354 | -£1,193,022 | -155.9% | |
| Equity | -£8,014,000 | -£10,904,000 | -£12,484,000 | -£14,379,000 | £2,135,354 | -£1,193,022 | -155.9% | |
| Average employees | 113 | 108 | 85 | 86 | 83 | 75 | -9.6% | |
| Wages | £3,156,000 | £2,829,000 | £2,704,000 | £2,799,114 | £2,837,107 | £2,642,330 | -6.9% | |
| 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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | -17.4% | -21.7% | -11.6% | -9.3% | -10.1% | -33.2% | |
| Net margin | -12.9% | -18.9% | -7.4% | -9.8% | -10.5% | -29.3% | |
| Return on capital employed | — | — | — | — | -89.4% | — | |
| Gearing (liabilities / total assets) | 152.8% | 174.6% | 184.7% | 195.7% | 86.5% | 108.3% | |
| Current ratio | — | — | — | 0.32x | 0.81x | 0.58x | |
| Interest cover | -25.38x | -49.69x | -6.06x | -1.32x | -1.25x | -6.03x |
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
- HEXCEL REINFORCEMENTS UK LIMITED 2016-03-01 → present
- FORMAX (UK) LTD 1998-12-18 → 2016-03-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- SFB Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On this basis the directors have a reasonable expectation that the company will be able to continue in operational existence for the foreseeable future, and have not identified any material uncertainties that may cast significant doubt on the company's ability to continue as a going concern.”
Significant events
- “Following the year end the directors approved a decision to change the operations of the company from a trading operation to a research and development facility. This decision was made after the reporting date and is therefore not an adjusting event.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHUMEJDA, Lauren | Secretary | 2024-11-01 | — | — |
| BRAYLE, Lilian Regis | Director | 2025-10-20 | Dec 1967 | French,Australian |
| HOWARD, Neil Peter | Director | 2023-05-01 | Sep 1966 | British |
| LEHMAN, Gail Eileen | Director | 2017-01-18 | Aug 1959 | American |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLAYDON, Ian | Secretary | 2016-10-04 | 2019-04-18 |
| BOLTON, Geoffrey Ian | Secretary | 2002-01-09 | 2014-12-11 |
| POTTER, Terra | Secretary | 2020-04-29 | 2024-10-31 |
| WEIN, Steven | Secretary | 2019-05-08 | 2020-04-29 |
| WREFORD, Roger John, Mr. | Secretary | 1998-12-30 | 2002-01-09 |
| YOUNG, Peter Thomas Anthony | Secretary | 2014-12-08 | 2016-03-29 |
| CREDITREFORM SECRETARIES LIMITED | Corporate Nominee Secretary | 1998-12-18 | 1998-12-30 |
| BOLTON, Geoffrey Ian | Director | 2002-01-09 | 2014-12-11 |
| BRIERLEY, John Miles | Director | 2002-01-09 | 2014-12-11 |
| DENT, John | Director | 2014-12-11 | 2016-01-05 |
| GEORGE, Peter Martin Maxwell | Director | 2011-01-01 | 2014-12-11 |
| MERLOT, Thierry Philippe | Director | 2020-10-27 | 2025-10-15 |
| PENSKY, Wayne Charles | Director | 2016-01-05 | 2017-09-11 |
| SWORDS, Timothy | Director | 2014-12-08 | 2020-03-16 |
| WESSELY, Brian Stephen | Director | 1998-12-30 | 2011-04-19 |
| WESSELY, Bridget Mary | Director | 2011-04-19 | 2014-12-11 |
| WESSELY, Oliver Sebastian | Director | 2001-11-16 | 2017-07-12 |
| WINTERLICH, Patrick Joseph | Director | 2014-12-08 | 2025-11-30 |
| WREFORD, Roger John, Mr. | Director | 1998-12-30 | 2002-01-09 |
| CREDITREFORM LIMITED | Corporate Nominee Director | 1998-12-18 | 1998-12-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hexcel Composites Limited | Corporate entity | Shares 75–100%, Appoints directors, Appoints directors (as firm) | 2016-04-06 | Active |
Filing timeline
Last 20 of 147 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type medium | |
| 2026-02-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-10 | CH01 | officers | Change person director company with change date | |
| 2026-02-09 | CH01 | officers | Change person director company with change date | |
| 2025-12-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-29 | CH01 | officers | Change person director company with change date | |
| 2025-10-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-25 | AA | accounts | Accounts with accounts type medium | |
| 2025-09-15 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-09-12 | SH01 | capital | Capital allotment shares | |
| 2025-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-15 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-11-15 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-05-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-19 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 1
- Officers appointed
- 1
- Officers resigned
- 2
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.