KREMPEL UK LIMITED

Company number 03989743 ·

Active

Executive summary

Krempel UK Limited is a well-capitalised niche manufacturer of electrical insulation and composite materials, operating as the UK subsidiary of the German Krempel Group. The company's 2024 pre-tax loss of £271K on revenue of £21.2M reflects a cyclical downturn in power generation markets, with material cost overruns and operational gearing exposing margin sensitivity at reduced volumes. However, the exceptionally strong balance sheet — with net assets of £16.2M and minimal leverage of just 8.4% — provides substantial financial resilience uncommon in UK manufacturing SMEs and positions the company to weather the current cycle while investing in operational efficiency through SAP integration and energy cost reduction initiatives. The 2025 outlook is cautiously positive, with a stronger order book and continued cost discipline expected to restore profitability, though structural challenges around customer concentration and cost base flexibility remain medium-term priorities.

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Shareholders' funds

£16,245,027

Balance sheet as at 2024-12-31

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What it does

The company’s principal activities during the year were the manufacture of Electrical Insulation, Thermal Insulation, Composite Materials and Technical Textile Materials for a range of high technology markets including high voltage power generation, low voltage rotating machines, wind power generation, medical, automotive and aerospace.

The company's own description, from its latest filed accounts.

Overview

Company type
Private Limited Company
Incorporated
2000-05-10
Employees
159 (2024 accounts · was 170 in 2023)
Registered office
Queens Mill, Queen Street, Longridge, Preston, PR3 3BS
Postcode
PR3 3BS
Capital
4,667,001 GBP
Accounts category
Full
Charges
2 outstanding

Accounts

Last made up to
2025-12-31
Next due by
2027-09-30
Financial year end
31 December

Confirmation statement

Last statement dated
2026-05-06
Next due by
2027-05-20
View filing history →

Nature of business (SIC)

  • 32990 Other manufacturing not elsewhere classified

Officers 3 current · 15 resigned

Appointed 2022-06-23
MR JORN CLASEN Director
NONE Appointed 2020-05-29
NONE Appointed 2020-05-29

View all officers and resignations →

Licensed visa sponsor

Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).

Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.

Data protection registration

Registered with the ICO as a data protection fee payer — ZB052068 (Tier 2), registered since 2021.

Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.

Previous company names

NameDate changed
JONES STROUD INSULATIONS LIMITED2021-11-22
BLANKNOTE LIMITED2000-11-15

Previous registered addresses 3

AddressChanged on
DELANCO WORKS, CLOVELLY ROAD, BIDEFORD, DEVON EX39 3EZ2001-02-02
110 CANNON STREET, LONDON, EC4N 6AR2000-10-11
120 EAST ROAD, LONDON, N1 6AA2000-05-18

Among its peers

Top 1%

by shareholders' funds, of 111 similar companies in PR

The largest employer among its local peers (159 staff).

Among the oldest 25% of its local peers, trading since 2000.

No.1 of the largest other manufacturing not elsewhere classified companies in Preston →

Competitors Preston

This company ranks 1 among other manufacturing not elsewhere classified in Preston.

Full league table →

The class of 2000

53%

of the 574 companies in this sector incorporated in 2000 are still active today; 44% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

Property in England & Wales 1 title

Freehold
1
Most recent registration
2001-03-29
Where
Lancashire
Title numberCounty Tenure RegisteredPrice paid
LA859836 Lancashire Freehold 2001-03-29

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).

Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.