MOTION APPLIED LIMITED

1. MOTION APPLIED LIMITED 2025-07-03 → present
2. MCLAREN APPLIED LIMITED 2020-01-02 → 2025-07-03
3. MCLAREN APPLIED TECHNOLOGIES LIMITED 2014-01-02 → 2020-01-02
4. MCLAREN ELECTRONIC SYSTEMS LIMITED 2003-11-24 → 2014-01-02
5. TAG ELECTRONIC SYSTEMS LIMITED 1988-12-22 → 2003-11-24
6. SHOTPART LIMITED 1988-11-29 → 1988-12-22

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

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements. The directors therefore continue to adopt the going concern basis in preparing their financial statements.”

Group structure

1. MOTION APPLIED LIMITED · parent
   1. McLaren Applied Incorporated 1% · USA · Marketing and sales
   2. MA Germany GmbH 1% · Germany · Marketing and sales

Significant events

• “During 2024, the company saw a decrease in revenue to £22.2m compared with £28.1m in 2023.”
• “Exceptional items of £0.7m (2023: £2.6m) were recognised in the year. This predominantly related to restructuring costs.”
• “Subsequent to the year end in April 2025, the repayment dates on the revolving loan facilities from investors of the company's parent were extended to 30 June 2027.”
• “During the year ended 31 December 2024, McLaren Applied Limtied acquired 100% of the shares in MA Germany GmbH.”

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

Filings

5

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -21.1%

  £28,144,000 → £22,209,000

• Cash

  -80.2%

  £363,000 → £72,000

• Net assets

  -60.1%

  £12,074,000 → £4,814,000

• Employees

  -13.2%

  317 → 275

• Operating profit

  +23.7%

  -£8,601,000 → -£6,562,000

• Profit before tax

  +11.7%

  -£11,674,000 → -£10,311,000

• Wages

  -18.8%

  £18,466,000 → £14,989,000

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