MTS SYSTEMS LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has substantial net assets and net current assets, as set out in the balance sheet on page 16. The company has access to a group banking facility, it consequently has sufficient resources to meet any reasonably foreseeable obligation. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of signing of the financial statements. Thus, the directors adopt the going concern basis in preparing the financial statements.”

Group structure

1. MTS SYSTEMS LIMITED · parent
   1. Denison Mayes Group 100% · England · repairing, servicing and distribution of materials testing equipment.

Significant events

• “In July 2025, Denison Mayes Group Limited (a subsidiary previously fully impaired in the Company's books) completed a series of corporate restructuring steps, including a share capital reduction and subsequent integration into MTS Systems Limited. These activities represent corporate legal reorganisation and do not affect the carrying amounts recognised in these financial statements as at 31 December 2024.”
• “On 1st July, 2025 MTS Systems Europe B.V. sold its shares in MTS Systems Limited to ITW Limited in exchange for EUR 23,247,711.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -28.4%

  £20,712,806 → £14,825,985

• Cash

  —

  Not reported

• Net assets

  +18.3%

  £4,850,756 → £5,736,829

• Employees

  +15.4%

  13 → 15

• Operating profit

  -13.2%

  £1,405,439 → £1,220,021

• Profit before tax

  -11.6%

  £1,408,612 → £1,245,523

• Wages

  -7.4%

  £994,962 → £921,808

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers