MASTERMELT LIMITED
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Next accounts due
2027-05-31 (in 1y)
Last filed for 2025-08-29
Confirmation statement due
2027-01-25 (in 8mo)
Last made up 2026-01-11
Watchouts
None on the register
Cash
£13M
+23.7% vs 2024
Net assets
£31M
+11.8% vs 2024
Employees
50
+6.4% vs 2024
Profit before tax
£6M
+21.7% vs 2024
Net assets
7-year trend · vs Basic Materials median
Accounts
7-year trend · latest reflected 2025-08-29
| Metric | Trend | 2019-08-31 | 2020-08-31 | 2021-08-27 | 2022-08-26 | 2023-08-25 | 2024-08-30 | 2025-08-29 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £85,757,842 | £118,991,444 | |
| Operating profit | — | — | — | — | — | £2,688,498 | £5,027,109 | |
| Profit before tax | — | — | — | — | — | £5,126,600 | £6,241,275 | |
| Net profit | — | — | — | — | — | £4,328,405 | £4,894,692 | |
| Cash | — | — | — | — | — | £10,363,627 | £12,815,491 | |
| Total assets less current liabilities | — | — | — | — | — | £27,573,814 | £31,360,576 | |
| Net assets | — | — | — | — | — | £27,293,450 | £30,509,786 | |
| Equity | £16,397,928 | £19,613,378 | — | — | — | £27,293,450 | £30,509,786 | |
| Average employees | — | — | — | — | — | 47 | 50 | |
| Wages | — | — | — | — | — | £15,988,301 | £6,050,514 |
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 | 2019-08-31 | 2020-08-31 | 2021-08-27 | 2022-08-26 | 2023-08-25 | 2024-08-30 | 2025-08-29 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 3.1% | 4.2% | |
| Net margin | — | — | — | — | — | 5.0% | 4.1% | |
| Return on capital employed | — | — | — | — | — | 9.8% | 16.0% | |
| Current ratio | — | — | — | — | — | 2.53x | 2.56x | |
| Interest cover | — | — | — | — | — | 39.18x | 71.32x |
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
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “The increases in turnover of 38.8% to £118,991,444 (2024: £85,757,842) is mainly due to volatile precious metal prices. The company showed a profit before taxation of £6,241,275 (2024: £5,126,600).”
- “Ordinary dividends were paid amounting to £1,678,356 (2024: £3,258,272).”
- “On 13 October 2025, an IHSBC UK Bank plc Sustainability Improvement loan was drawn down of £1,500,000 repayable in ten quarterly instalments.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRANSBURY, Tony | Secretary | 1998-05-29 | — | British |
| BRANSBURY, Tony | Director | 1998-05-29 | Jun 1965 | British |
| CONWAY-BAKER, Jamie | Director | 2025-08-01 | Jul 1975 | British |
| REIDINGER, Richard Cleon | Director | 2025-08-01 | Sep 1971 | American |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARNES, Carole | Secretary | — | 1994-03-07 |
| MARWAY, Dippy | Secretary | 1994-03-07 | 1996-09-11 |
| WHITE, Craig | Secretary | 1996-09-11 | 1998-05-29 |
| BAIKIE, Andrew Robert Ernest | Director | 1996-04-19 | 1999-08-31 |
| COUZENS, Graham | Director | 2013-04-04 | 2025-08-01 |
| GAYLOR, Steven John | Director | 1995-03-07 | 1996-03-29 |
| MUNNS, Charles Ian | Director | 1992-12-03 | 1996-03-29 |
| WHITE, Craig | Director | — | 2014-10-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mastermelt Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-05-13 | Active |
| Mr Robert Ian Davis | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2022-05-13 |
Filing timeline
Last 20 of 136 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-03 | AA | accounts | Accounts with accounts type full | |
| 2026-02-19 | CH01 | officers | Change person director company with change date | |
| 2026-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-25 | AA | accounts | Accounts with accounts type full | |
| 2025-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-04-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-03-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-02-29 | AA | accounts | Accounts with accounts type full | |
| 2024-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-26 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
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
FY2024 → FY2025 · period ending 2025-08-29 vs 2024-08-30
-
Turnover
+38.8%
£85,757,842 £118,991,444
-
Cash
+23.7%
£10,363,627 £12,815,491
-
Net assets
+11.8%
£27,293,450 £30,509,786
-
Employees
+6.4%
47 50
-
Operating profit
+87%
£2,688,498 £5,027,109
-
Profit before tax
+21.7%
£5,126,600 £6,241,275
-
Wages
-62.2%
£15,988,301 £6,050,514
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers