MULTIMATIC LTD.
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-03 (in 1mo)
Last made up 2025-05-20
Watchouts
Cash
£36M
+40.8% vs 2023
Net assets
£18M
+6.9% vs 2023
Employees
1,024
+3.3% vs 2023
Profit before tax
£1M
+73.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Name history
Renamed 1 time since incorporation
- MULTIMATIC LTD. 1997-06-02 → present
- MULTIMATIC MFG. (UK) LTD 1996-05-20 → 1997-06-02
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £236,443,859 | £294,358,050 | |
| Operating profit | £770,102 | £1,329,406 | |
| Profit before tax | £781,293 | £1,356,065 | |
| Net profit | -£310,707 | £1,553,112 | |
| Cash | £25,763,467 | £36,270,277 | |
| Total assets less current liabilities | £94,825,191 | £106,144,142 | |
| Net assets | £16,606,302 | £17,760,412 | |
| Equity | £16,606,302 | £17,760,412 | |
| Average employees | 991 | 1,024 | |
| Wages | £65,671,118 | £69,564,914 |
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 | 0.3% | 0.5% | |
| Net margin | -0.1% | 0.5% | |
| Return on capital employed | 0.8% | 1.3% | |
| Current ratio | 1.57x | 1.97x | |
| Interest cover | 27503.64x | — |
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
- Consolidated group
- Auditor
- Larking Gowen LLP
- Audit opinion
- Qualified
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis given that the parent Company, Multimatic Holdings Inc, has resolved not to recall the amount due to it of £85,116,058 as at 31 December 2024 (2023 - £76,107,198) which are included in amounts falling due after more than one year and have confirmed their continued commitment to provide sufficient financial support to enable the Company 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.”
Group structure
- MULTIMATIC LTD. · parent
- MTCE Limited 100%
- Multimatic CFT Limited 51%
- Multimatic UK Limited 100%
- PKM Consulting SAS 55%
Significant events
- “On 1 October 2024, the Group purchased 55% of the share capital of PKM Consulting SAS.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 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 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PRONIUK, Stefan | Secretary | 2018-05-07 | 2021-07-12 |
| WATSON, Emily | Secretary | 2003-10-15 | 2018-05-07 |
| WRIGHT, Lawrence Alfred | Secretary | 1996-05-20 | 2003-10-15 |
| COMBINED SECRETARIAL SERVICES LIMITED | Corporate Nominee Secretary | 1996-05-20 | 1996-05-20 |
| CZAPKA, Peter | Director | 1996-05-20 | 2018-05-07 |
| PRONIUK, Stefan Theodor | Director | 2018-05-07 | 2021-07-12 |
| COMBINED NOMINEES LIMITED | Corporate Nominee Director | 1996-05-20 | 1996-05-20 |
| COMBINED SECRETARIAL SERVICES LIMITED | Corporate Nominee Director | 1996-05-20 | 1996-05-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Peter Czapka | Individual | Shares 75–100%, Voting 75–100% | 2016-06-30 | Active |
Filing timeline
Last 20 of 95 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 group | |
| 2025-08-06 | CH01 | officers | Change person director company with change date | |
| 2025-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-31 | AA | accounts | Accounts with accounts type group | |
| 2024-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-03 | AA | accounts | Accounts with accounts type group | |
| 2023-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-12 | AA | accounts | Accounts with accounts type group | |
| 2021-12-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-07-22 | AP01 | officers | Appoint person director company with name date | |
| 2021-07-22 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-07-22 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-22 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-07-17 | AA | accounts | Accounts with accounts type group | |
| 2021-05-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-12 | AA | accounts | Accounts with accounts type group | |
| 2020-05-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-02-28 | RESOLUTIONS | resolution | Resolution | |
| 2019-09-12 | AA | accounts | Accounts with accounts type group |
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
+24.5%
£236,443,859 £294,358,050
-
Cash
+40.8%
£25,763,467 £36,270,277
-
Net assets
+6.9%
£16,606,302 £17,760,412
-
Employees
+3.3%
991 1,024
-
Operating profit
+72.6%
£770,102 £1,329,406
-
Profit before tax
+73.6%
£781,293 £1,356,065
-
Wages
+5.9%
£65,671,118 £69,564,914
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