MIL-VER METAL COMPANY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-14 (in 8mo)
Last made up 2025-12-31
Watchouts
None on the register
Cash
£667K
-53.8% vs 2023
Net assets
£4M
+10.1% vs 2023
Employees
38
-5% vs 2023
Profit before tax
£536K
-73.2% vs 2023
Name history
Renamed 1 time since incorporation
- MIL-VER METAL COMPANY LIMITED 1982-12-03 → present
- MINCARN LIMITED 1982-05-11 → 1982-12-03
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £22,220,180 | £19,793,736 | |
| Operating profit | £2,183,106 | £587,545 | |
| Profit before tax | £1,995,399 | £535,508 | |
| Net profit | £1,508,529 | £383,466 | |
| Cash | £1,442,646 | £666,920 | |
| Total assets less current liabilities | £4,925,054 | £4,253,524 | |
| Net assets | £3,779,215 | £4,162,681 | |
| Equity | £3,779,215 | £4,162,681 | |
| Average employees | 40 | 38 | |
| Wages | £1,623,448 | £1,494,078 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 9.8% | 3.0% | |
| Net margin | 6.8% | 1.9% | |
| Return on capital employed | 44.3% | 13.8% | |
| Gearing (liabilities / total assets) | 61.7% | 41.0% | |
| Current ratio | 1.48x | 2.02x | |
| Interest cover | 9.68x | 6.36x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's Directors have a reasonable expectation that the Company will be able to continue in operational existence for at least twelve months following the date of signing the financial statements. Accordingly, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “Russia's invasion of Ukraine has created an economic crisis. However, the Company key customer base remains stable and does not hold any exposure in Russian markets consequently the war in Ukraine has no impact on the Company's ongoing trading operation.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BELL, Ian Duncan | Director | 2021-05-31 | Jan 1979 | South African |
| MOHAMMED, Sajid | Director | 2021-05-31 | Aug 1971 | British |
| SHER, David Stephen | Director | 2017-12-20 | Jul 1983 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Hamish Terence Kinnear | Secretary | 2002-08-22 | 2016-02-25 |
| KAUR, Jagdeep | Secretary | 2016-02-25 | 2017-07-14 |
| LAWTON, Jacquetta Clare | Secretary | 1995-02-02 | 2002-01-08 |
| VERDON, James William | Secretary | — | 1995-02-02 |
| BROWN, Hamish Terence Kinnear | Director | 2000-02-01 | 2021-05-31 |
| CLAYTON, Christopher John | Director | — | 1994-04-30 |
| CUTLER, John Leslie | Director | — | 1996-05-31 |
| DAVIES, Christopher Erith | Director | 1996-06-01 | 2000-02-01 |
| DUNNING, Neil | Director | 2011-01-10 | 2017-03-23 |
| GASH, Michael Alfred | Director | 1997-12-10 | 2000-02-01 |
| IBBERSON, Michael Henry | Director | 2001-11-01 | 2011-01-10 |
| JACKSON, Neil Stuart | Director | 2016-02-25 | 2016-08-31 |
| KAUR, Jagdeep | Director | 2015-07-28 | 2017-07-14 |
| KING, Andrew John | Director | 2016-02-25 | 2018-09-28 |
| LAWTON, Jacquetta Clare | Director | 1999-02-05 | 2002-01-08 |
| LAWTON, John Bernard | Director | 1991-06-12 | 1996-05-17 |
| MILES, Graham Spencer | Director | 1999-04-01 | 2007-07-31 |
| MILES, Stephen David | Director | — | 2012-12-31 |
| OPPENHEIMER, Michael Steven | Director | 2000-02-01 | 2011-07-10 |
| PAYNE, Richard Jonathan Clive | Director | 2015-07-28 | 2017-10-06 |
| ROBBINS, Giles Pruen | Director | 2000-02-01 | 2016-05-04 |
| SUMMERS, Steven Martin | Director | 2016-10-18 | 2017-12-19 |
| THORNE, Nicholas | Director | 2013-09-03 | 2016-06-02 |
| VERDON, James William | Director | — | 1999-01-31 |
| WALKER, Ian Rodway | Director | — | 1995-09-27 |
| WILKINSON, James Robert | Director | 2008-07-11 | 2012-07-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Amalgamated Metal Investment Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 182 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-26 | AA | accounts | Accounts with accounts type full | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-24 | AA | accounts | Accounts with accounts type full | |
| 2024-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-20 | AA | accounts | Accounts with accounts type full | |
| 2023-01-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-08-26 | AA | accounts | Accounts with accounts type full | |
| 2022-04-22 | CH01 | officers | Change person director company with change date | |
| 2022-01-05 | SH01 | capital | Capital allotment shares | |
| 2022-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-21 | AA | accounts | Accounts with accounts type full | |
| 2021-06-01 | AP01 | officers | Appoint person director company with name date | |
| 2021-06-01 | TM01 | officers | Termination director company with name termination date | |
| 2021-06-01 | AP01 | officers | Appoint person director company with name date | |
| 2021-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-05 | AA | accounts | Accounts with accounts type full | |
| 2020-06-24 | CH01 | officers | Change person director company with change date | |
| 2020-06-24 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-10.9%
£22,220,180 £19,793,736
-
Cash
-53.8%
£1,442,646 £666,920
-
Net assets
+10.1%
£3,779,215 £4,162,681
-
Employees
-5%
40 38
-
Operating profit
-73.1%
£2,183,106 £587,545
-
Profit before tax
-73.2%
£1,995,399 £535,508
-
Wages
-8%
£1,623,448 £1,494,078
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