MAIL HANDLING INTERNATIONAL LIMITED
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Next accounts due
2026-12-29 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-09-06 (in 4mo)
Last made up 2025-08-23
Watchouts
None on the register
Cash
£298K
-29.8% lowest in 10 filed years
Net assets
£680K
-12.1% vs 2024
Employees
42
-19.2% lowest in 6 filed years
Profit before tax
-£94K
-139.5% vs 2024
Net assets
10-year trend · vs Industrials median
Accounts
10-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-09-30 | 2019-10-01 | 2020-09-30 | 2020-10-01 | 2021-09-30 | 2021-10-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | £20,862,845 | — | £21,519,900 | — | £33,742,391 | — | £40,641,429 | — | £17,490,665 | £16,095,591 | |
| Operating profit | £231,848 | — | £220,380 | — | £798,369 | — | -£1,359,152 | — | £277,010 | -£54,075 | |
| Profit before tax | £236,316 | — | £215,409 | — | £786,732 | — | -£1,377,855 | — | £237,861 | -£93,861 | |
| Net profit | £205,730 | — | £179,335 | — | £633,297 | — | -£1,171,761 | — | £237,861 | -£93,861 | |
| Cash | £1,910,260 | £1,910,260 | £2,335,382 | £2,335,382 | £2,417,699 | £2,417,699 | £697,244 | £695,244 | £424,095 | £297,508 | |
| Total assets less current liabilities | £2,075,467 | — | £1,970,674 | — | £2,388,998 | — | £1,024,387 | — | £774,191 | £680,330 | |
| Net assets | £1,287,959 | — | £1,337,294 | — | £1,808,091 | — | £536,330 | — | £774,191 | £680,330 | |
| Equity | £1,287,959 | £1,287,959 | £1,337,294 | £1,337,294 | £1,808,091 | £1,808,091 | £536,330 | £536,330 | £774,191 | £680,330 | |
| Average employees | 47 | — | 47 | — | 62 | — | 73 | — | 52 | 42 | |
| Wages | £1,168,177 | — | £1,325,817 | — | £2,203,394 | — | £3,463,874 | — | £1,473,648 | £1,271,254 |
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 | 2019-09-30 | 2019-10-01 | 2020-09-30 | 2020-10-01 | 2021-09-30 | 2021-10-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 1.1% | — | 1.0% | — | 2.4% | — | -3.3% | — | 1.6% | -0.3% | |
| Net margin | 1.0% | — | 0.8% | — | 1.9% | — | -2.9% | — | 1.4% | -0.6% | |
| Return on capital employed | 11.2% | — | 11.2% | — | 33.4% | — | -132.7% | — | 35.8% | -7.9% | |
| Current ratio | — | — | — | — | — | — | — | — | 0.69x | 0.65x | |
| Interest cover | 23.55x | — | 14.50x | — | 55.16x | — | -56.99x | — | 4.49x | -1.07x |
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
- Bishop Fleming Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Since the end of the year the Company has sold its investment property and settled the associated mortgage that was funding the property. The net proceeds have increased the working capital available in the Company by circa £1m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWN, Paul William | Secretary | 1996-08-23 | — | British |
| BROWN, Paul William | Director | 2019-06-03 | Jul 1968 | British |
| LAWSON, Alexander Ritchie | Director | 1997-07-01 | Nov 1969 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1996-08-23 | 1996-08-23 |
| BARNETT, Gary | Director | 2003-01-30 | 2013-03-29 |
| BARNETT, Rachael Joanne | Director | 1998-12-08 | 2003-01-30 |
| BROWN, Paul William | Director | 2006-08-11 | 2006-12-20 |
| BROWN, Paul William | Director | 2006-08-11 | 2006-08-11 |
| KNOTT, Clive Andrew | Director | 1996-08-23 | 1997-07-01 |
| NEALE, Jonathan | Director | 2013-04-02 | 2013-10-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paul William Brown | Individual | Shares 25–50% | 2016-08-22 | Active |
| Mr Alexander Lawson | Individual | Shares 25–50% | 2016-08-20 | Active |
Filing timeline
Last 20 of 102 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-23 | AA | accounts | Accounts with accounts type full | |
| 2025-08-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-11 | AA | accounts | Accounts with accounts type full | |
| 2024-07-11 | AA | accounts | Accounts with accounts type full | |
| 2024-03-20 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-12-22 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-08-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-10-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-09-23 | AA01 | accounts | Change account reference date company current extended | |
| 2022-09-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-11 | AA | accounts | Accounts with accounts type full | |
| 2021-08-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-30 | AA | accounts | Accounts with accounts type full | |
| 2020-09-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-02-18 | AA | accounts | Accounts with accounts type full | |
| 2019-10-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2019-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-8%
£17,490,665 £16,095,591
lowest in 6 filed years
-
Cash
-29.8%
£424,095 £297,508
lowest in 10 filed years
-
Net assets
-12.1%
£774,191 £680,330
-
Employees
-19.2%
52 42
lowest in 6 filed years
-
Operating profit
-119.5%
£277,010 -£54,075
-
Profit before tax
-139.5%
£237,861 -£93,861
-
Wages
-13.7%
£1,473,648 £1,271,254
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