STEMCOR LONDON LIMITED
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Cash
£2.4M
EUR 2,785,000
-53.1% lowest in 3 filed years
Net assets
£15M
EUR 17,899,000
-26.1% lowest in 3 filed years
Employees
24
-7.7% lowest in 3 filed years
Profit before tax
£454K
EUR 530,000
-56% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £278,926,704 | £215,089,584 | £135,227,604 | -37.1% | |
| Operating profit | £7,301,329 | £4,108,873 | £2,594,942 | -36.8% | |
| Profit before tax | £3,843,120 | £1,033,005 | £454,351 | -56% | |
| Net profit | £3,193,313 | £235,748 | -£77,154 | -132.7% | |
| Cash | £12,964,423 | £5,088,727 | £2,387,484 | -53.1% | |
| Total assets less current liabilities | £19,296,185 | £20,757,823 | £15,344,192 | -26.1% | |
| Net assets | £19,296,185 | £20,757,823 | £15,344,192 | -26.1% | |
| Equity | £19,296,185 | £20,757,823 | £15,344,192 | -26.1% | |
| Average employees | 26 | 26 | 24 | -7.7% | |
| Wages | £4,208,315 | £2,912,988 | £2,224,604 | -23.6% | |
| Directors' remuneration | £0 | £0 | — | — |
Figures converted to GBP from EUR at 0.857 per EUR (Frankfurter spot rate) — hover any figure for the original. — 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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 2.6% | 1.9% | 1.9% | |
| Net margin | 1.1% | 0.1% | -0.1% | |
| Return on capital employed | 37.8% | 19.8% | 16.9% | |
| Gearing (liabilities / total assets) | 75.9% | 68.6% | — | |
| Current ratio | 1.32x | 1.46x | 1.25x | |
| Interest cover | 2.04x | 1.26x | 1.14x |
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
- STEMCOR LONDON LIMITED 2013-10-02 → present
- STEMCOR INDONESIAN MINING INVESTMENT LIMITED 2011-09-07 → 2013-10-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 to 31 December 2027.”
Group structure
- STEMCOR LONDON LIMITED · parent
- Stemcor European Distribution AB 100%
Significant events
- “An interim dividend of €5,000,000 was declared in relation to 2025 (2024: €nil).”
- “On 22 September 2025, the Company acquired 100% of the of ordinary shares and voting rights of a Swedish entity, subsequently renamed Stemcor European Distribution AB, whose main activity is that of Steel Merchant for €2,000.”
- “On 30 December 2025, a sale and purchase agreement was signed between Guangzhou Aerotropolis Industrial Investment Group Co,. Ltd and a wholly owned subsidiary of CITIC Pacific Special Steel Group Co., Ltd to acquire 100% of the equity of Prosperity Kingsfield Limited, the sole controlling shareholder of Stemcor Global Holdings Limited.”
- “In 29 April 2025, the Company passed a special resolution to reduced its share premium account by £11,000,000 (€12,946,000) to increase distributable reserves and hereby rectify an interim dividend paid in the previous financial year that was not in accordance with the Companies Act 2006.”
- “There were no events that occurred between the end of the reporting period and the date when the financial statements were authorised for issue that affect the accounts as at 31 December 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHECKETTS, Andrew John | Director | 2016-08-30 | Nov 1970 | British |
| GRAF, Steven Mitchell | Director | 2013-10-09 | Sep 1960 | American |
| VERDEN, Julian | Director | 2013-10-02 | Dec 1958 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PHILLIPS, Amanda Louise | Secretary | 2011-10-18 | 2014-07-31 |
| BROOM, Michael Gerard | Director | 2011-09-07 | 2016-06-30 |
| DONNELL, Graham | Director | 2011-09-07 | 2013-10-02 |
| HERITAGE, Colin Hillam | Director | 2011-09-07 | 2013-10-02 |
| OPPENHEIMER, Ralph David | Director | 2011-09-07 | 2013-09-12 |
| WHITEHEAD, Paul Shaw | Director | 2011-09-07 | 2013-09-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Stemcor Holdings 2 Limited | Corporate entity | Shares 75–100% (as firm) | 2017-05-24 | Active |
| Stemcor European Distribution Limited | Corporate entity | Shares 75–100% (as firm) | 2016-04-06 | Ceased 2017-05-24 |
Filing timeline
Last 20 of 157 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-02 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-18 | AA | accounts | Accounts with accounts type full | |
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-22 | CH01 | officers | Change person director company with change date | |
| 2025-05-29 | AA | accounts | Accounts with accounts type full | |
| 2025-05-02 | SH20 | capital | Legacy | |
| 2025-05-02 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-05-02 | CAP-SS | insolvency | Legacy | |
| 2025-05-02 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-21 | AA | accounts | Accounts with accounts type full | |
| 2024-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 2
- 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.