The Accounts Companies House intelligence

MTCE LIMITED

#02714436 · Active · Incorporated 1992-05-13 (34y) · Last filing 2025-09-04 (8mo ago)
Consumer Discretionary · SIC 29100 · C Manufacturing · Full accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-05-27 (this month)

Last made up 2025-05-13

Watchouts

1 item

Cash

£403K

+6.6% vs 2023

Net assets

£13M

-5.4% vs 2023

Employees

351

+9.3% vs 2023

Profit before tax

-£936K

-157.7% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 2 times since incorporation

  1. MTCE LIMITED 2002-02-14 → present
  2. DYNAMIC SUSPENSIONS LIMITED 1992-06-02 → 2002-02-14
  3. SPEED 2564 LIMITED 1992-05-13 → 1992-06-02

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £117,243,985£149,582,022
Operating profit £1,622,947-£936,374
Profit before tax £1,622,947-£936,374
Net profit £1,232,095-£743,064
Cash £377,683£402,683
Total assets less current liabilities £36,367,384£22,345,219
Net assets £13,640,635£12,897,571
Equity £13,640,635£12,897,571
Average employees 321351
Wages £30,586,135£36,412,974

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 2023-12-312024-12-31
Operating margin 1.4%-0.6%
Net margin 1.1%-0.5%
Return on capital employed 4.5%-4.2%
Current ratio 1.86x1.57x

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
Larking Gowen LLP
Audit opinion
Qualified
Going concern
Affirmed

“The financial statements have been prepared on the going concern basis given that the ultimate parent, Multimatic Holdings Inc, has confirmed its continued commitment to provide sufficient financial support to enable the Group to meet its liabilities as they fall due. This support is committed for a period ending no earlier than 12 months from the date of signing.”

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

People

3 active · 9 resigned

Name Role Appointed Born Nationality
SILVESTRI, Kim Secretary 2021-07-12 — —
SILVESTRI, Kim Director 2021-07-12 Feb 1969 Canadian
SPENCE, Michael Director 2018-05-07 Mar 1973 Canadian
Show 9 resigned officers
Name Role Appointed Resigned
PEIRSON, John Jeremy Secretary 1992-05-20 1998-07-31
PRONIUK, Stefan Secretary 2018-05-07 2021-07-12
WATSON, Emily Secretary 1998-07-31 2018-05-07
WATERLOW SECRETARIES LIMITED Corporate Nominee Secretary 1992-05-13 1992-05-20
CZAPKA, Peter Director 1996-04-09 2018-05-07
FRATTON, Franco Director — 1996-04-09
PRONIUK, Stefan Theodor Director 2018-05-07 2021-07-12
VIRDI, Amrit Director 1992-05-20 1996-04-09
WATERLOW NOMINEES LIMITED Corporate Nominee Director 1992-05-13 1992-05-20

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Multimatic Limited Corporate entity Shares 75–100%, Voting 75–100% 2016-06-30 Active

Filing timeline

Last 20 of 108 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2020-02-28 RESOLUTIONS Resolution
Date Type Category Description
2025-09-04 AA accounts Accounts with accounts type full
2025-05-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-31 AA accounts Accounts with accounts type full
2024-05-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-03 AA accounts Accounts with accounts type full
2023-05-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-05-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-05-12 AA accounts Accounts with accounts type full
2021-12-10 AD01 address Change registered office address company with date old address new address PDF
2021-07-23 AP01 officers Appoint person director company with name date PDF
2021-07-22 AP03 officers Appoint person secretary company with name date PDF
2021-07-22 TM01 officers Termination director company with name termination date PDF
2021-07-22 TM02 officers Termination secretary company with name termination date PDF
2021-07-17 AA accounts Accounts with accounts type full
2021-05-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-10-12 AA accounts Accounts with accounts type full
2020-05-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-02-28 RESOLUTIONS resolution Resolution
2019-09-11 AA accounts Accounts with accounts type full
2019-05-20 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page