WELDING INSTITUTE(THE) - Profile & Financials

Accounts Submitted 16 Oct 2025

Confirmation Statement Submitted 29 Jul 2025

Net assets £179.26M £8.36M 2023 year on year

Total assets £274.19M £17.55M 2023 year on year

Total Liabilities £94.93M £9.19M 2023 year on year

Charges 9

9 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Granta Park Great Abington Cambridge CB21 6AL

Office ()

Cambridge, Cambridgeshire, United Kingdom, Europe

Telephone

0(0)1223899000

theweldinginstitute@twi.co.uk

Website

theweldinginstitute.com

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2014–2023)

Cash in Bank

£47.82M

Decreased by £17.67M (-27%)

Net Assets

£179.26M

Decreased by £8.36M (-4%)

Total Liabilities

£94.93M

Decreased by £9.19M (-9%)

Turnover

£73.16M

Increased by £6.36M (+10%)

Employees

796

Decreased by 47 (-6%)

Debt Ratio

35%

Decreased by 1 (-3%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

14 active 152 resigned

Show resigned officers

						Status
Annelyse Fournier	Director	Swiss	England	58	5 Apr 2022	Active
Christopher Palmer	Director	British	United Kingdom	53	25 Jul 2024	Active
Claire Michelle Kimpton	Director	British	England	43	16 Sept 2020	Active
Daniel Clark	Director	British	England	55	29 Apr 2021	Active
David Craig Panni	Director	British,italian	England	54	24 Mar 2021	Active
Duncan James Steel	Director	British	England	54	24 Mar 2021	Active
Gareth John Hopkin	Director	British	England	49	24 Mar 2021	Active
Graham Holloway	Director	British	England	62	24 Jun 2022	Active

Shareholders

Shareholders (0)

Ceased

Stephen Martin Beech

Ceased 19 Nov 2019

Ceased

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Group Structure

WELDING INSTITUTE(THE) Current Company

GRANTA PARK ESTATES LIMITED united kingdom shares 75 to 100 percent

NSIRC LIMITED united kingdom shares 75 to 100 percent

PLANT INTEGRITY LIMITED united kingdom shares 75 to 100 percent

SIRF LIMITED united kingdom shares 75 to 100 percent

SURFLOW LIMITED united kingdom shares 75 to 100 percent

THE TEST HOUSE (CAMBRIDGE) LIMITED united kingdom shares 75 to 100 percent

TWI CERTIFICATION LIMITED united kingdom shares 75 to 100 percent

TWI INTERNATIONAL LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

TWI LIMITED united kingdom shares 75 to 100 percent

TWI RESEARCH CENTRE (CYMRU) LIMITED united kingdom shares 75 to 100 percent

WAVERLEY TECHNOLOGY LIMITED united kingdom shares 75 to 100 percent

Charges

9 satisfied

Documents

Company Filings

Date	Category	Description	Document
16 Oct 2025	Accounts	Annual accounts made up to 2024-12-31	View(90 pages)
26 Sept 2025	Officers	Termination of Ali Alshawaf as director on 2025-09-26	View(1 page)
29 Jul 2025	Confirmation Statement	Confirmation statement made on 2025-07-10 with no updates	View(3 pages)
3 Jul 2025	Officers	Termination of Humbert Mozzi as director on 2025-07-03	View(1 page)
23 Jun 2025	Officers	Termination of Michael Francis Skyrme as director on 2025-06-23	View(1 page)