METER FIT 10 LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-27 (in 7mo)
Last made up 2025-12-13
Watchouts
Cash
£666K
+54.2% vs 2023
Net assets
£15M
+35.4% vs 2023
Employees
0
Average over period
Profit before tax
£5M
+24% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £11,818,000 | £11,426,000 | |
| Operating profit | £5,938,000 | £5,919,000 | |
| Profit before tax | £4,342,000 | £5,386,000 | |
| Net profit | £3,354,000 | £4,039,000 | |
| Cash | £432,000 | £666,000 | |
| Total assets less current liabilities | £14,570,000 | £18,053,000 | |
| Net assets | £11,394,000 | £15,433,000 | |
| Equity | £11,394,000 | £15,433,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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 | 50.2% | 51.8% | |
| Net margin | 28.4% | 35.3% | |
| Return on capital employed | 40.8% | 32.8% | |
| Gearing (liabilities / total assets) | 68.7% | 44.8% | |
| Current ratio | 0.22x | 0.25x | |
| Interest cover | 3.70x | 10.66x |
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
- KPMG LLP
- 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").”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELLIOTT, Paul | Secretary | 2025-07-11 | — | — |
| BATEMAN, Matthew James | Director | 2022-11-16 | Oct 1968 | British |
| BLACKBURN, Sarah Ann | Director | 2018-05-01 | Nov 1980 | British |
| JOHAL, Sandeep Kaur | Director | 2024-01-23 | Apr 1977 | British |
| O'KELLY, Catherine Anne Newton | Director | 2025-10-22 | Feb 1984 | British |
| RENNET, Brandon James | Director | 2023-01-19 | Nov 1972 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLACKBURN, Sarah Ann | Secretary | 2015-12-16 | 2021-07-31 |
| BLANCHARD, Carolyn | Secretary | 2023-02-16 | 2025-07-11 |
| POWELL, Jayne Patricia | Secretary | 2021-08-01 | 2023-02-16 |
| CHLADEK, Mark Peter | Director | 2015-12-16 | 2017-01-31 |
| COX, Joanne Margaret | Director | 2020-02-25 | 2021-06-30 |
| DONOGHUE, George Martin | Director | 2018-05-01 | 2021-07-31 |
| FERNANDES, Milton Anthony | Director | 2015-12-16 | 2017-01-31 |
| GIBBS, Timothy Robert | Director | 2015-12-16 | 2018-10-01 |
| GIBSON, Alan Robert | Director | 2016-04-22 | 2017-12-14 |
| HELMORE, Max David Charles | Director | 2015-12-16 | 2017-01-31 |
| LATUS, Sean | Director | 2015-12-16 | 2025-07-11 |
| MACDONALD, James Thomas | Director | 2015-12-16 | 2017-12-14 |
| MCLELLAND, Phillip Alexander | Director | 2020-02-25 | 2023-12-31 |
| PIJLS, Henricus Lambertus | Director | 2017-09-27 | 2021-06-30 |
| RATCLIFFE, Kimberley | Director | 2024-06-19 | 2025-12-18 |
| TAYLOR, David Michael | Director | 2021-08-01 | 2022-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Meter Serve (Holdco 2) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-03-31 | Active |
| Meter Serve 10 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-03-31 |
Filing timeline
Last 20 of 64 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-18 | AA | accounts | Accounts with accounts type full | |
| 2025-07-23 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-07-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-22 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-02 | AA | accounts | Accounts with accounts type full | |
| 2024-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-06-20 | CH01 | officers | Change person director company with change date | |
| 2023-04-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-04-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-04-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-04-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
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
-3.3%
£11,818,000 £11,426,000
-
Cash
+54.2%
£432,000 £666,000
-
Net assets
+35.4%
£11,394,000 £15,433,000
-
Employees
—
Not reported
-
Operating profit
-0.3%
£5,938,000 £5,919,000
-
Profit before tax
+24%
£4,342,000 £5,386,000
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