SPRINGFIELDS FUELS LIMITED
Operating as a subsidiary of Westinghouse Electric Company, the business runs a licensed nuclear site near Preston that manufactures oxide fuels and intermediate products for nuclear reactors.
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Cash
£18M
-55.5% vs 2023
Net assets
£122M
+8.4% vs 2023
Employees
730
+5.6% vs 2023
Profit before tax
£9.3M
-65.4% vs 2023
Net assets
2-year trend · vs Basic Materials 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 | £194,566,000 | £179,044,000 | -8% | |
| Operating profit | £26,396,000 | £10,320,000 | -60.9% | |
| Profit before tax | £26,763,000 | £9,273,000 | -65.4% | |
| Net profit | £19,752,000 | £6,882,000 | -65.2% | |
| Cash | £39,399,000 | £17,518,000 | -55.5% | |
| Total assets less current liabilities | £121,773,000 | £138,757,000 | +13.9% | |
| Net assets | £112,174,000 | £121,567,000 | +8.4% | |
| Equity | £112,174,000 | £121,567,000 | +8.4% | |
| Average employees | 691 | 730 | +5.6% | |
| Wages | £45,105,000 | £47,941,000 | +6.3% | |
| Directors' remuneration | £961,000 | £702,000 | -27% |
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 | 13.6% | 5.8% | |
| Net margin | 10.2% | 3.8% | |
| Return on capital employed | 21.7% | 7.4% | |
| Current ratio | 1.24x | 1.31x | |
| Interest cover | 2.64x | 1.05x |
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
- SPRINGFIELDS FUELS LIMITED 2004-04-29 → present
- UNATEC LIMITED 1999-10-07 → 2004-04-29
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Continuous assessments have resulted in the directors having a reasonable expectation that the company has adequate resources to continue in operational existence for twelve months from the signing date, even in the event of any possible downside scenarios which may have an adverse impact on the performance of the company. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”
Significant events
- “On 26 June 2024 a capital contribution of £2,938,000 was recognised, to fund SFL employee bonuses that were triggered by the acquisition of Westinghouse by Brookfield Renewable Partners' and Cameco Corporation from Brookfield Corporation.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOOTHBY, Craig Andrew | Director | 2024-06-20 | Aug 1983 | British |
| KUYLER, Raphael Philip | Director | 2024-06-20 | Apr 1973 | American |
| LEMAIRE, Sophie | Director | 2024-06-20 | Feb 1973 | French |
| LOMAS, Paul Andrew | Director | 2021-10-31 | Jun 1964 | British |
| PEERS, Claire Louise | Director | 2025-09-08 | Jan 1982 | British |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOUGHTON, Fiona Anne | Secretary | 2006-10-16 | 2020-04-30 |
| REID, Colin Stuart | Secretary | 1999-10-07 | 2004-04-23 |
| SHUTTLEWORTH, Alvin Joseph | Secretary | 2004-04-23 | 2006-10-16 |
| ARMER, Kirsty | Director | 2011-05-23 | 2024-06-20 |
| AYLMORE, Linda Mary | Director | 2016-06-01 | 2019-03-15 |
| CLARKSON, Iain Geoffrey | Director | 2005-04-01 | 2007-12-31 |
| CRAIG, Duncan James | Director | 2005-04-01 | 2011-05-23 |
| EASTERLING, Richard John | Director | 2021-10-31 | 2024-07-31 |
| EAVES, David George | Director | 2021-10-31 | 2025-09-08 |
| EDWARDS, John Frederick | Director | 2004-04-23 | 2005-04-01 |
| EVANS, Tracey Susan | Director | 2014-09-17 | 2018-05-18 |
| GILL, Geoff G | Director | 2011-06-29 | 2012-07-01 |
| GORNALL, Michael Robert | Director | 2011-05-23 | 2020-04-17 |
| HART, Steven Ralph | Director | 2009-11-13 | 2016-06-01 |
| LEYBOURNE, Jenny | Director | 2011-05-23 | 2016-06-01 |
| LONGFELLOW, Neil Charles | Director | 2009-11-13 | 2013-03-13 |
| MARSHALL, Simon John | Director | 2016-06-01 | 2018-01-25 |
| MILLS, David | Director | 2018-05-25 | 2022-03-31 |
| NIXON, Brian Eric | Director | 2018-01-25 | 2021-10-31 |
| PEACOCK, David Spencer | Director | 2011-05-23 | 2018-05-25 |
| POWELL, David James | Director | 2005-04-01 | 2009-11-13 |
| PREST, Gaenor | Director | 2016-06-01 | 2017-07-27 |
| QUINT, Susan | Director | 2005-04-01 | 2006-10-02 |
| SAUNDERS, Michael Joseph | Director | 2005-04-01 | 2006-09-26 |
| SHUTTLEWORTH, Alvin Joseph | Director | 1999-10-07 | 2005-04-01 |
| TYNAN, Michael William | Director | 2006-03-20 | 2011-05-23 |
| UNSWORTH, David | Director | 2007-08-22 | 2009-11-13 |
| WILLIAMS, David John | Director | 2013-04-22 | 2014-09-10 |
| WOODS, Brian | Director | 2012-07-01 | 2013-03-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Westinghouse Electric Company Llc | Corporate entity | Significant influence | 2016-04-06 | Ceased 2018-08-01 |
| Toshiba Corporation | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2018-08-01 |
| Toshiba Nuclear Energy Holdings (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2018-08-01 |
| Westinghouse Electric Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 154 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-06-06 RESOLUTIONS Resolution
- 2022-06-06 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-16 | AA | accounts | Accounts with accounts type full | |
| 2024-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-17 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-01 | AA | accounts | Accounts with accounts type full | |
| 2022-09-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-06 | RESOLUTIONS | resolution | Resolution | |
| 2022-06-06 | MA | incorporation | Memorandum articles | |
| 2022-05-09 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-01 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.