MITSUBISHI HEAVY INDUSTRIES AIR-CONDITIONING EUROPE, LTD.
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-02-20 (in 9mo)
Last made up 2026-02-06
Watchouts
None on the register
Cash
£2K
-85.7% vs 2024
Net assets
£120M
+15.4% vs 2024
Employees
40
+17.6% vs 2024
Profit before tax
£21M
-10.3% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £287,609,223 | £277,118,585 | |
| Operating profit | £18,833,218 | £16,655,687 | |
| Profit before tax | £23,707,524 | £21,265,603 | |
| Net profit | £17,874,480 | £15,996,879 | |
| Cash | £12,136 | £1,734 | |
| Total assets less current liabilities | £104,440,881 | £120,210,645 | |
| Net assets | £103,879,161 | £119,876,040 | |
| Equity | £103,879,161 | £119,876,040 | |
| Average employees | 34 | 40 | |
| Wages | £2,814,667 | £3,571,429 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 6.5% | 6.0% | |
| Net margin | 6.2% | 5.8% | |
| Return on capital employed | 18.0% | 13.9% | |
| Gearing (liabilities / total assets) | 51.4% | 47.4% | |
| Current ratio | 1.82x | 1.98x | |
| Interest cover | 185.69x | 54.28x |
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 LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible severe downsides, the company will have sufficient funds from operations to meet all of its liabilities as they fall due for that period.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARCINCINOVA, Henrieta | Secretary | 2018-11-01 | — | — |
| KAMIYA, Nobumasa | Director | 2024-04-01 | Aug 1968 | Japanese |
| KANO, Moritomi | Director | 2024-04-01 | Nov 1962 | Japanese |
| KARIYA, Ryoichi | Director | 2018-11-01 | Nov 1972 | Japanese |
| SHIRAKI, Noriko | Director | 2025-06-13 | Nov 1971 | Japanese |
| SUZUKI, Nobuaki | Director | 2018-05-09 | May 1970 | Japanese |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KARIYA, Ryoichi | Secretary | 2015-08-01 | 2018-11-01 |
| MINAMIZAKI, Akihiko | Secretary | 2013-08-01 | 2015-08-01 |
| FUJINAMI, Masayuki | Director | 2017-04-01 | 2018-10-31 |
| HANASAWA, Yoshiyuki | Director | 2013-02-06 | 2015-03-24 |
| ICHIHARA, Shinji | Director | 2014-01-27 | 2017-03-31 |
| IWASHIMA, Tetsuya | Director | 2022-07-01 | 2024-03-31 |
| IWASHIMA, Tetsuya | Director | 2015-05-12 | 2016-05-25 |
| KIKUCHI, Takehiko | Director | 2013-02-06 | 2018-05-09 |
| KUSUMOTO, Kaoru | Director | 2013-02-19 | 2014-01-27 |
| MASUYAMA, Katsuhiko | Director | 2014-10-01 | 2017-03-31 |
| MIYAKE, Osamu | Director | 2021-07-01 | 2024-03-31 |
| MORISAKI, Shinichiro | Director | 2016-05-25 | 2021-06-30 |
| SHIMMA, Hiroyuki | Director | 2014-01-27 | 2014-10-01 |
| TSUNASHIMA, Yusuke | Director | 2017-06-14 | 2022-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mitsubishi Heavy Industries, Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-01-01 | Active |
Filing timeline
Last 20 of 70 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-26 | AA | accounts | Accounts with accounts type full | |
| 2025-06-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-14 | AA | accounts | Accounts with accounts type full | |
| 2024-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-16 | AA | accounts | Accounts with accounts type full | |
| 2023-02-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-25 | AA | accounts | Accounts with accounts type full | |
| 2022-07-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-07 | TM01 | officers | Termination director company with name termination date | |
| 2022-02-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-12-23 | AA | accounts | Accounts with accounts type full | |
| 2021-07-13 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-13 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- 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
-3.6%
£287,609,223 £277,118,585
-
Cash
-85.7%
£12,136 £1,734
-
Net assets
+15.4%
£103,879,161 £119,876,040
-
Employees
+17.6%
34 40
-
Operating profit
-11.6%
£18,833,218 £16,655,687
-
Profit before tax
-10.3%
£23,707,524 £21,265,603
-
Wages
+26.9%
£2,814,667 £3,571,429
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