M & H CARRIERS NORTH LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-12-23 (in 7mo)
Last made up 2025-12-09
Watchouts
None on the register
Cash
£3M
+117% vs 2024
Net assets
£8M
+24.8% vs 2024
Employees
427
+33.9% vs 2024
Profit before tax
£3M
+12.7% vs 2024
Name history
Renamed 1 time since incorporation
- M & H CARRIERS NORTH LIMITED 2021-02-25 → present
- SLLP 315 LIMITED 2020-12-10 → 2021-02-25
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £27,120,666 | £38,291,906 | |
| Operating profit | £2,477,099 | £3,074,271 | |
| Profit before tax | £2,708,917 | £3,052,407 | |
| Net profit | £2,250,284 | £1,983,491 | |
| Cash | £1,376,835 | £2,987,595 | |
| Total assets less current liabilities | £8,139,763 | £10,753,889 | |
| Net assets | £6,132,089 | £7,655,478 | |
| Equity | £6,132,089 | £7,655,478 | |
| Average employees | 319 | 427 | |
| Wages | £9,649,502 | £13,339,449 |
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 | 9.1% | 8.0% | |
| Net margin | 8.3% | 5.2% | |
| Return on capital employed | 30.4% | 28.6% | |
| Current ratio | 1.46x | 1.53x | |
| Interest cover | 31.95x | 23.87x |
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
- CT Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors, having made due and careful enquiry and preparing forecasts, is of the opinion that the group has adequate working capital to execute its operations over the next 12 months. The directors therefore have made an informed judgment, at the time of approving the financial statements, that there is a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. As a result, the directors have continued to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- M & H CARRIERS NORTH LIMITED · parent
- M & H Carriers (Aberdeen) Limited 100%
- M & H Carriers (Inverness) Limited 100%
Significant events
- “Subsequent to the year end, M & H Carriers (Inverness) Limited was dissolved on the 29 April 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STRONACHS SECRETARIES LIMITED | Corporate Secretary | 2020-12-10 | — | — |
| MACLEAN, Fiona Jean | Director | 2023-10-05 | Oct 1979 | British |
| MACLEAN, Fraser James | Director | 2021-02-25 | Jan 1976 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DONALD, Malcolm James Robert | Director | 2020-12-10 | 2021-02-25 |
| FORBES, Neil David | Director | 2020-12-10 | 2021-02-25 |
| SLATER, Magnus William | Director | 2021-04-06 | 2022-07-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Fiona Jean Maclean | Individual | Shares 25–50%, Voting 25–50% | 2025-11-14 | Active |
| Mr Magnus William Slater | Individual | Shares 25–50%, Voting 25–50% | 2021-04-06 | Ceased 2023-10-05 |
| Mr Fraser James Maclean | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-02-25 | Active |
| Stronachs Nominees Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-12-10 | Ceased 2021-02-25 |
Filing timeline
Last 20 of 37 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-05-09 MA Memorandum articles
- 2024-05-09 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-18 | AA | accounts | Accounts with accounts type group | |
| 2025-12-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-10 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-10 | CH01 | officers | Change person director company with change date | |
| 2025-01-14 | AA | accounts | Accounts with accounts type group | |
| 2024-12-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-10 | SH02 | capital | Capital alter shares subdivision | |
| 2024-05-09 | MA | incorporation | Memorandum articles | |
| 2024-05-09 | RESOLUTIONS | resolution | Resolution | |
| 2024-05-02 | AA | accounts | Accounts with accounts type group | |
| 2023-12-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-20 | SH03 | capital | Capital return purchase own shares | |
| 2023-10-30 | SH06 | capital | Capital cancellation shares | |
| 2023-10-23 | SH06 | capital | Capital cancellation shares | |
| 2023-10-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-10-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-13 | AA | accounts | Accounts with accounts type group | |
| 2022-10-04 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 1
- 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
+41.2%
£27,120,666 £38,291,906
-
Cash
+117%
£1,376,835 £2,987,595
-
Net assets
+24.8%
£6,132,089 £7,655,478
-
Employees
+33.9%
319 427
-
Operating profit
+24.1%
£2,477,099 £3,074,271
-
Profit before tax
+12.7%
£2,708,917 £3,052,407
-
Wages
+38.2%
£9,649,502 £13,339,449
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