Marcegaglia (Uk) Limited
02677001
Healthy
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 09/01/2026
Due 23/01/2027
Industry
Officers
Matilde Verratti
secretary · Since 23/07/2018
Andrea Marco Costi
director · Since 21/11/2017
Italian
Nicholas William Haycock
director · Since 27/09/2022
British
Antonio Marcegaglia
director · Since 02/07/1992
Italian
Emma Marcegaglia
director · Since 14/10/2013
Italian
Former
Nigel Christopher Grinsell
secretary · Resigned 31/08/2018
Antonio Marcegaglia
secretary · Resigned 04/04/2008
City Initiative Limited
corporate nominee secretary · Resigned 13/01/1993
Alberto Baldi
director · Resigned 30/06/1992
Steno Marcegaglia
director · Resigned 10/09/2013
C I Nominees Limited
corporate nominee director · Resigned 16/01/1992
CompanyRankvs 105+ SIC 24200 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Group) to continue in operational existence for the foreseeable future, and that there are no material uncertainties that lead to significant doubt regarding the Company's ability to continue as a going concern. The company has UK facilities from HSBC UK that were renewed in December 2024. The facilities include £20 million letter of credit facility for raw materials purchasing and an invoice d
Key FinancialsYear ending 31/12/2024
Turnover
£69.7M
Annual revenue
Net Worth
£47.7M
Balance sheet strength
Cash
£991k
Cash in the bank
Profit Before Tax
-£7.7M
Bottom line earnings
Net Current Assets
£25.3M
Working capital
Current Assets
£45.7M
Current Liabilities
£20.4M
Fixed Assets
£26.7M
Debtors
£11.8M
Cost of Sales
£66.5M
Gross Profit
£3.2M
Admin Expenses
£8.3M
Operating Profit
-£6.9M
Profit After Tax
-£7.7M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 2.24 |
Derived from filed accounts. Not audited figures.