MUTUAL CLOTHING & SUPPLY COMPANY LIMITED
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Cash
£9.7m
+11.2% highest in 3 filed years
Net assets
£42m
+6.4% highest in 3 filed years
Employees
324
-4.1% lowest in 3 filed years
Profit before tax
£3.2m
+75.7% highest in 3 filed years
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £15,692,000 | £19,762,000 | £19,945,000 | +0.9% | |
| Operating profit | £997,000 | £1,825,000 | £1,923,000 | +5.4% | |
| Profit before tax | £997,000 | £1,825,000 | £3,206,000 | +75.7% | |
| Net profit | £962,000 | £1,377,000 | £2,702,000 | +96.2% | |
| Cash | £8,364,000 | £8,717,000 | £9,697,000 | +11.2% | |
| Total assets less current liabilities | £40,095,000 | £41,150,000 | £42,357,000 | +2.9% | |
| Net assets | £38,286,000 | £39,471,000 | £41,981,000 | +6.4% | |
| Equity | £38,286,000 | £39,471,000 | £41,981,000 | +6.4% | |
| Average employees | 336 | 338 | 324 | -4.1% | |
| Wages | £7,820,000 | £8,298,000 | £8,474,000 | +2.1% | |
| Directors' remuneration | £594,000 | £633,000 | £651,000 | +2.8% | |
| Directors' pension contributions | £210,000 | £270,000 | £180,000 | -33.3% | |
| Highest paid director | £172,036 | £160,341 | £165,151 | +3% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 6.4% | 9.2% | 9.6% | |
| Net margin | 6.1% | 7.0% | 13.5% | |
| Return on capital employed | 2.5% | 4.4% | 4.5% | |
| Gearing (liabilities / total assets) | 7.3% | 7.3% | 4.0% | |
| Current ratio | 31.02x | 26.83x | 28.51x |
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
- Duncan & Toplis Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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.”
Group structure
- MUTUAL CLOTHING & SUPPLY COMPANY LIMITED · parent
- Roy Ling Limited 100%
- Kingstone Limited 100%
- Keenes Insurances Limited 100%
- Greens of Leicester Limited 100%
- Automobile Electrics Limited 100%
- Mutual Garage Services Limited 100%
- Mutual Insurance Services Limited 100%
- Mutual Retail Services Limited 100%
Significant events
- “Following the completion of the redress process in the previous year and in view of the reducing level of complaints received the directors have decided in future to base the complaints provision on the basis of complaints received in the previous three years. This has resulted in a release to profit and loss of £1,283,000. This has been dealt with as an exceptional item.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KEENE, Adrian Charles | Secretary | — | — | British |
| KEENE, Adrian Charles | Director | — | Apr 1952 | British |
| KEENE, Duncan Paul | Director | 2006-05-05 | Mar 1982 | British |
| KEENE, Stuart Peter | Director | 2017-10-05 | Aug 1988 | British |
| KEENE, Victor Walter | Director | — | Jul 1935 | British |
| SCHWARZ, Geoffrey Charles | Director | 2006-05-05 | Oct 1978 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KEENE, Walter James | Director | — | 1998-07-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Adrian Charles Keene | Individual | Shares 25–50%, Voting 50–75% | 2016-04-06 | Ceased 2024-07-22 |
Filing timeline
Last 20 of 106 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-29 | AA | accounts | Accounts with accounts type group | |
| 2025-07-28 | AA | accounts | Accounts with accounts type group | |
| 2025-06-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-13 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-11-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-08-31 | AA | accounts | Accounts with accounts type group | |
| 2024-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-27 | AA | accounts | Accounts with accounts type group | |
| 2023-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-01 | AA | accounts | Accounts with accounts type group | |
| 2022-06-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-13 | AA | accounts | Accounts with accounts type group | |
| 2021-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-22 | AA | accounts | Accounts with accounts type group | |
| 2020-06-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-08-15 | AA | accounts | Accounts with accounts type group | |
| 2019-06-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2018-08-14 | AA | accounts | Accounts with accounts type group | |
| 2018-06-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2017-10-12 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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.