OverviewSuggest Edit

Severfield is the UK’s market-leading structural steel company, the home of world class engineering and design excellence. For decades we have been shaping skylines and delivering the modern built environment.
The largest structural steel business in the UK and one of the biggest in Europe, Severfield operates across four sites providing unrivalled capacity and capability. We also have an expanding operation in India, which forms part of our international growth plans.
We are founded on strong core values, committed to outstanding customer service and focussed on growth at home and abroad.
The Severfield plc Group comprises of the following companies:
Severfield (UK) Ltd Severfield Design & Build) Ltd Severfield (NI) Ltd JSW Severfield Structures Ltd

TypePublic
HQThirsk, GB
Websiteseverfield.com
Employee Ratings4

Latest Updates

Employees (est.) (Jul 2021)1,500(+8%)
Revenue (FY, 2019)£274.9 M
Share Price (Sept 2021)£0.8(+3%)
Cybersecurity ratingBMore
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Key People/Management at Severfield

Alan Dunsmore

Alan Dunsmore

CEO
Kevin Whiteman

Kevin Whiteman

Non-Executive Chairman
Ian Cochrane

Ian Cochrane

COO
Alun Griffiths

Alun Griffiths

Non-Executive Director
Tony Osbaldiston

Tony Osbaldiston

Non-Executive Director
Louise Hardy

Louise Hardy

Non-Executive Director
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Severfield Office Locations

Severfield has offices in Thirsk, Ballinamallard, Bolton, Bridlington and in 4 other locations
Thirsk, GB (HQ)
Severs House, Dalton Airfield Ind Est, Dalton
Ballinamallard, GB
Main St
Bolton, GB
Elton St
Bolton, GB
Watson House, Lostock Lane, Lostock
Bridlington, GB
Heron House, Carnaby Industrial Estate, Lancaster Rd
Pontprennau, GB
Cardiff Gate Business Park, Malthouse Ave
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Severfield Financials and Metrics

Severfield Revenue

Severfield's revenue was reported to be £274.92 m in FY, 2019
GBP

Revenue (FY, 2019)

274.9m

Net income (FY, 2019)

20.2m

EBITDA (FY, 2019)

28.7m

EBIT (FY, 2019)

24.9m

Market capitalization (22-Sept-2021)

248.1m

Closing stock price (22-Sept-2021)

0.8

Cash (31-Mar-2019)

25.0m
Severfield's current market capitalization is £248.1 m.
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

66.1m121.1m129.8m112.0m128.9m145.8m157.4m170.2m204.3m236.7m295.1m300.7m394.3m349.4m266.7m267.8m267.8m318.3m231.3m201.5m239.4m262.2m274.2m274.9m

Revenue growth, %

(13%)19%

Cost of goods sold

59.2m108.9m116.3m101.7m114.9m136.7m146.0m157.4m188.1m212.1m261.1m250.9m331.2m290.9m240.6m247.5m247.5m332.7m

Gross profit

6.9m12.2m13.5m10.3m14.0m9.1m11.4m12.8m16.1m24.6m33.9m49.7m63.1m58.5m26.1m20.3m20.3m(14.5m)
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

2.3m9.8m7.5m4.9m5.6m13.4m11.4m17.2m17.8m30.1m38.3m5.4m11.9m11.5m3.6m2.3m2.3m671.0k5.5m6.9m19.0m32.8m33.1m25.0m

Accounts Receivable

15.3m15.0m13.1m20.0m20.4m25.1m24.0m26.4m27.8m27.9m42.1m60.5m54.4m46.8m65.5m78.1m61.4m55.2m64.5m45.0m57.3m45.6m48.0m

Inventories

3.6m2.9m4.5m5.2m4.7m1.9m5.7m3.3m6.7m7.3m3.3m17.9m8.3m9.8m12.6m9.1m9.1m8.2m5.8m4.8m5.3m7.8m9.6m8.9m

Current Assets

24.8m38.8m35.9m35.5m39.0m58.0m49.7m55.7m61.4m69.9m88.4m89.0m81.2m76.0m88.1m100.5m100.5m78.7m72.2m76.3m75.1m105.3m97.4m90.2m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

3.0m6.4m8.7m4.1m6.4m4.4m5.0m6.2m8.4m13.5m20.9m26.4m24.0m31.3m7.6m5.8m5.8m(23.1m)(2.6m)144.0k8.6m15.3m18.1m20.2m

Cash From Operating Activities

1.5m16.0m8.4m6.4m8.7m6.1m16.3m17.6m10.7m29.6m29.1m13.1m61.5m50.9m(11.2m)(9.0m)(9.0m)804.0k2.5m10.4m23.9m25.0m19.0m14.6m

Dividends Paid

1.0m2.0m2.4m2.4m2.7m2.7m2.8m3.4m4.7m5.5m9.1m13.1m8.9m8.9m3.6m4.5m3.0m5.1m13.4m7.5m

Cash From Financing Activities

5.8m(2.0m)(1.3m)(1.5m)(2.5m)2.8m(4.3m)(653.0k)1.2m(8.2m)(9.4m)40.4m(46.4m)(45.4m)8.9m9.2m9.2m2.0m7.3m(6.1m)(3.3m)(5.4m)(7.9m)(12.3m)
GBPFY, 1996

Financial Leverage

2.5 x
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Severfield Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Severfield Online and Social Media Presence

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Severfield Blogs

Interim results for the period ended 30 September 2020

UK and Europe order book of £287m, good cash generation and strong balance sheet, resilience provided by market sector, geographical and client diversity. Highlights Revenue up 40% to £186.0m (H1 2019: £131.7m) Underlying* profit before tax up 3% to £8.4m (H1 2019: £8.2m), despite the impact of COVI…

Severstor order secured for UK Commercial Reactor Decommissioning Project

Severfield (Products & Processing) product, Severstor, has secured another order – this time for James Fisher Nuclear Ltd. For this order, we will be supplying James Fisher Nuclear Ltd. with five modular buildings that link together to form a Central Control Room for the Magnox Core Segmentation…

Severfield to supply Rotoflo units to the UK water treatment sector

Severfield is pleased to announce that following the purchase of the patented Rotoflo product from Shepherd Group and Portasilo, we have secured our first order to supply two 1500LP Rotoflo units for use on hydrated lime in the UK water treatment sector. Rotoflo is a unique silo discharge unit that …

Severfield annual results announced – 31 March 2020

Severfield plc, the market leading structural steel group, announces its results for the 12 month period ended 31 March 2020. Strategic 2020 profit target achieved, good cash generation and strong balance sheet, UK and Europe order book of £271m Highlights Revenue up 19% to £327.4m (2019: £274.9m) U…

Severfield purchases patented product, Rotoflo

Severfield is pleased to announce the purchase of the patented Rotoflo product from Shepherd Group. Rotoflo is a unique silo discharge unit that is able to move a controlled volume of material from a bulk storage silo to a related materials handling system. Particularly effective in the handling of …

First major milestone is achieved for Severfield product, Severstor

In 2019, we introduced Severfield product Severstor, a new product line for our Severfield (Products & Processing) business. We are now pleased to announce our success in securing our first order for this product. Severstor units are robust steel-framed modules that house critical systems techno…
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Severfield Frequently Asked Questions

  • Who are Severfield key executives?

    Severfield's key executives are Alan Dunsmore, Kevin Whiteman and Ian Cochrane.

  • How many employees does Severfield have?

    Severfield has 1,500 employees.

  • What is Severfield revenue?

    Latest Severfield annual revenue is £274.9 m.

  • What is Severfield revenue per employee?

    Latest Severfield revenue per employee is £183.3 k.

  • Who are Severfield competitors?

    Competitors of Severfield include Goodwin, William Cook and Starrett.

  • Where is Severfield headquarters?

    Severfield headquarters is located at Severs House, Dalton Airfield Ind Est, Dalton, Thirsk.

  • Where are Severfield offices?

    Severfield has offices in Thirsk, Ballinamallard, Bolton, Bridlington and in 4 other locations.

  • How many offices does Severfield have?

    Severfield has 11 offices.