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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-11-22 (in 6mo)

Last made up 2025-11-08

Watchouts

2 items

Cash

£4M

+35.3% vs 2024

Net assets

£13M

+9.2% vs 2024

Employees

84

+9.1% vs 2024

Profit before tax

£2M

+24.2% vs 2024

Watchouts

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

Name history

Renamed 1 time since incorporation

  1. MTR GROUP LIMITED 2015-08-21 → present
  2. MOBILE TECHNOLOGY REFURBISHMENT LIMITED 2011-11-08 → 2015-08-21

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £42,644,851£43,789,571
Operating profit £931,241£1,220,776
Profit before tax £1,229,610£1,527,670
Net profit £907,359£1,095,897
Cash £2,817,633£3,811,230
Total assets less current liabilities £12,126,080£13,014,411
Net assets £11,921,066£13,016,963
Equity £11,921,066£13,016,963
Average employees 7784
Wages £3,046,948£3,411,030

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 2024-03-312025-03-31
Operating margin 2.2%2.8%
Net margin 2.1%2.5%
Return on capital employed 7.7%9.4%
Current ratio 1.89x1.77x
Interest cover 63.59x137.74x

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 101
Reporting scope
Standalone (parent only)
Auditor
KPMG
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Significant events

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

People

2 active · 13 resigned

Name Role Appointed Born Nationality
FORBES, Mark Edward Director 2026-03-16 Jun 1974 Irish
GODDARD, James Director 2025-12-11 Oct 1989 British
Show 13 resigned officers
Name Role Appointed Resigned
HINDS, Richard Secretary 2017-07-31 2022-08-19
BRYAN, Paul William Director 2020-01-31 2024-07-01
CASEY, Stephen Director 2017-07-31 2020-04-30
DEACON, Leslie Robert Director 2020-04-30 2024-07-01
ENNIS, Niall David Director 2017-07-31 2018-06-30
GRIFFIN, Timothy David Director 2018-06-30 2025-12-11
HEALY, Steven Director 2011-11-08 2019-11-05
HINDS, Richard John Director 2021-06-03 2022-08-19
MCCARTHY, Rod Director 2025-11-13 2026-02-28
O'KEEFFE, Gerard Patrick Director 2017-07-31 2020-01-31
PAYNE, Andrew Director 2011-11-08 2019-11-05
SUDLOW, Michael Andrew John Director 2024-07-01 2025-11-13
VENSKUS, Laurynas Director 2011-11-08 2013-04-24

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Exertis (Holdings) Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-08-17 Ceased 2025-10-31
Exertis (Uk) Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-07-31 Ceased 2025-08-17
Mr Steven Healy Individual Shares 25–50% 2016-11-08 Ceased 2017-07-31
Mr Andrew Payne Individual Shares 25–50% 2016-11-08 Ceased 2017-07-31
Marie Healy Individual Shares 25–50% 2016-04-08 Ceased 2017-07-31
Mrs Stephanie Joanne Payne Individual Shares 25–50% 2016-04-08 Ceased 2017-07-31
Mr Andrew Payne Individual Voting 25–50% 2016-04-08 Ceased 2017-07-31

Filing timeline

Last 20 of 84 total filings

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

  • 2025-11-06 MA Memorandum articles
  • 2025-11-06 RESOLUTIONS Resolution
Date Type Category Description
2026-05-05 AP01 officers Appoint person director company with name date PDF
2026-03-25 TM01 officers Termination director company with name termination date PDF
2026-03-09 CH01 officers Change person director company with change date PDF
2026-01-26 AD01 address Change registered office address company with date old address new address PDF
2026-01-03 AA accounts Accounts with accounts type full
2025-12-22 AP01 officers Appoint person director company with name date PDF
2025-12-18 TM01 officers Termination director company with name termination date PDF
2025-12-02 CS01 confirmation-statement Confirmation statement with updates PDF
2025-11-20 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2025-11-20 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-11-13 TM01 officers Termination director company with name termination date PDF
2025-11-13 AP01 officers Appoint person director company with name date PDF
2025-11-06 MA incorporation Memorandum articles
2025-11-06 RESOLUTIONS resolution Resolution
2025-11-04 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-11-04 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-09-15 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-09-13 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2024-12-27 AA accounts Accounts with accounts type full
2024-11-12 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
18

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
3

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

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