METAL DRUM COMPANY LIMITED(THE)
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Next accounts due
2027-02-28 (in 9mo)
Last filed for 2025-05-31
Confirmation statement due
2026-05-25 (this month)
Last made up 2025-05-11
Watchouts
None on the register
Cash
£4M
+26.7% vs 2024
Net assets
£11M
+16.3% vs 2024
Employees
71
-2.7% vs 2024
Profit before tax
£3M
+56.2% vs 2024
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2025-05-31
| Metric | Trend | 2019-05-31 | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £14,322,599 | £16,225,072 | |
| Operating profit | — | — | — | — | — | £1,354,121 | £2,332,901 | |
| Profit before tax | — | — | — | — | — | £1,638,716 | £2,559,164 | |
| Net profit | — | — | — | — | — | £1,230,037 | £1,932,146 | |
| Cash | — | — | — | — | — | £3,131,916 | £3,967,948 | |
| Total assets less current liabilities | — | — | — | — | — | £10,631,374 | £12,563,241 | |
| Net assets | — | — | — | — | — | £9,820,960 | £11,418,446 | |
| Equity | £3,581,509 | £4,122,231 | £5,530,873 | £7,062,393 | £8,764,923 | £9,820,960 | £11,418,446 | |
| Average employees | — | — | — | — | — | 73 | 71 | |
| Wages | — | — | — | — | — | £2,065,900 | £2,460,197 | |
| Directors' remuneration | — | — | — | — | — | £47,652 | £28,127 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-05-31 vs 2024-05-31
-
Turnover
+13.3%
£14,322,599 £16,225,072
-
Cash
+26.7%
£3,131,916 £3,967,948
-
Net assets
+16.3%
£9,820,960 £11,418,446
-
Employees
-2.7%
73 71
-
Operating profit
+72.3%
£1,354,121 £2,332,901
-
Profit before tax
+56.2%
£1,638,716 £2,559,164
-
Wages
+19.1%
£2,065,900 £2,460,197
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-05-31 | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 9.5% | 14.4% | |
| Net margin | — | — | — | — | — | 8.6% | 11.9% | |
| Return on capital employed | — | — | — | — | — | 12.7% | 18.6% | |
| Current ratio | — | — | — | — | — | 2.51x | 2.34x | |
| Interest cover | — | — | — | — | — | 85.06x | 155.27x |
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
- Bell Anderson Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.”
Significant events
- “The further implementation of strategic improvements has resulted in the company continuing to report profitability despite working in competitive markets.”
- “The company continues to identify business opportunities and continues to capitalise on these opportunities while still mitigating risks.”
- “The company continues to make investment in administration and IT systems in all aspects of the business in order to improve efficiency within the business.”
- “During the year the company has further invested in machinery to improve operating efficiency and as part of its commitment to sustainability has invested in solar panels.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRITTON, Helen Edwina | Secretary | 2017-11-01 | — | — |
| BRITTON, Jonica Jill | Secretary | 2026-03-01 | — | — |
| BRITTON, Jonica | Director | — | Feb 1954 | British |
| BRITTON, Samuel James Thomas | Director | 2016-11-03 | Dec 1984 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRITTON, Jonica | Secretary | — | 2017-11-01 |
| BRITTON, Michael Alan | Director | — | 2020-03-10 |
| RAWLE, Royston Stirling | Director | — | 1997-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Colin Fitzpatrick | Individual | ownership-of-shares-25-to-50-percent-as-trust, voting-rights-25-to-50-percent-as-trust | 2020-03-10 | Active |
| Mr Samuel James Thomas Britton | Individual | Shares 50–75%, ownership-of-shares-25-to-50-percent-as-trust, Voting 50–75%, voting-rights-25-to-50-percent-as-trust, Appoints directors | 2020-03-10 | Active |
| Mr Michael Alan Britton | Individual | ownership-of-shares-25-to-50-percent-as-trust, voting-rights-25-to-50-percent-as-trust | 2020-03-10 | Active |
| Mrs Jonica Britton | Individual | Shares 75–100% | 2016-04-06 | Ceased 2020-03-10 |
Filing timeline
Last 20 of 121 total filings
Material constitutional events — rename, articles re-file, resolution
- 2020-04-23 RESOLUTIONS Resolution
- 2020-04-23 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-06 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-02-26 | AA | accounts | Accounts with accounts type full | |
| 2025-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-28 | AA | accounts | Accounts with accounts type full | |
| 2024-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-15 | AA | accounts | Accounts with accounts type full | |
| 2023-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-28 | AA | accounts | Accounts with accounts type full | |
| 2022-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-28 | AA | accounts | Accounts with accounts type full | |
| 2021-05-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-03-18 | AA | accounts | Accounts with accounts type group | |
| 2020-06-16 | SH03 | capital | Capital return purchase own shares | |
| 2020-06-05 | SH06 | capital | Capital cancellation shares | |
| 2020-05-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-04-23 | RESOLUTIONS | resolution | Resolution | |
| 2020-04-23 | MA | incorporation | Memorandum articles | |
| 2020-03-20 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2020-03-19 | PSC01 | persons-with-significant-control | Notification of a person with significant control |
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.