ORMAZABAL UK LIMITED
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Cash
£2m
+20.5% vs 2024
Net assets
£3m
+23.9% vs 2024
Employees
62
+26.5% vs 2024
Profit before tax
£777k
-1.6% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £17,672,362 | £24,364,108 | +37.9% | |
| Operating profit | £789,770 | £824,114 | +4.3% | |
| Profit before tax | £789,770 | £776,765 | -1.6% | |
| Net profit | £610,192 | £574,744 | -5.8% | |
| Cash | £1,655,696 | £1,994,872 | +20.5% | |
| Total assets less current liabilities | £2,400,879 | £2,975,623 | +23.9% | |
| Net assets | £2,400,879 | £2,975,623 | +23.9% | |
| Equity | £2,400,879 | £2,975,623 | +23.9% | |
| Average employees | 49 | 62 | +26.5% | |
| Wages | £2,217,645 | £2,851,492 | +28.6% | |
| Directors' remuneration | £10,260 | £23,300 | +127.1% |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 4.5% | 3.4% | |
| Net margin | 3.5% | 2.4% | |
| Return on capital employed | 32.9% | 27.7% | |
| Current ratio | 1.18x | 1.19x | |
| Interest cover | — | 17.41x |
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 2 times since incorporation
- ORMAZABAL UK LIMITED 2019-04-13 → present
- EPDL ORMAZABAL LIMITED 2013-01-07 → 2019-04-13
- EPDL LIMITED 2003-04-03 → 2013-01-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Ormazabal continues with a strong level of intake, exceeding 2024 figures and showing a positive trend that is expected to continue into 2026. This growth is driven by the expansion of the renewables sector and the increasing contribution from the public distribution market, which had been more limited in previous years.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BICARREGUI GARAY, Javier | Director | 2012-12-20 | Oct 1962 | Spanish |
| ZABALGOGEAZCOA BURGOS, Fernando | Director | 2012-12-20 | Jun 1961 | Spanish |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PICKFORD, Alan Edwin | Secretary | 2003-04-03 | 2012-12-20 |
| PICKFORD, Alan Edwin | Director | 2012-12-20 | 2014-11-04 |
| PICKFORD, Mark Alan | Director | 2003-04-03 | 2012-12-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ormazabal Electric S.L.U. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 78 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-01-11 RESOLUTIONS Resolution
- 2021-08-25 RESOLUTIONS Resolution
- 2021-08-25 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-15 | AA | accounts | Accounts with accounts type full | |
| 2026-03-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-06 | AA | accounts | Accounts with accounts type small | |
| 2025-02-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-17 | AA | accounts | Accounts with accounts type small | |
| 2024-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-20 | CH01 | officers | Change person director company with change date | |
| 2023-08-09 | AA | accounts | Accounts with accounts type small | |
| 2023-05-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-10 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2023-05-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-04-05 | AA | accounts | Accounts with accounts type small | |
| 2023-03-17 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-03-07 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-01-11 | RESOLUTIONS | resolution | Resolution | |
| 2022-12-30 | SH01 | capital | Capital allotment shares | |
| 2022-04-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-08-25 | RESOLUTIONS | resolution | Resolution | |
| 2021-08-25 | RESOLUTIONS | resolution | Resolution | |
| 2021-08-17 | SH01 | capital | Capital allotment shares |
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.