MECHATHERM INTERNATIONAL LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  +160.5%

  £8,981,152 → £23,397,788

• Cash

  -64.2%

  £8,571,515 → £3,066,708

• Net assets

  -161.8%

  £2,018,693 → -£1,247,495

• Employees

  +11.3%

  71 → 79

• Operating profit

  -7,938.4%

  £43,171 → -£3,383,897

• Profit before tax

  -5,851.7%

  £56,806 → -£3,267,331

• Wages

  +43.8%

  £2,684,534 → £3,860,277

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

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.

1. MECHATHERM INTERNATIONAL LIMITED 1980-12-31 → present
2. MECHATHERM LEYS ENGINEERING LIMITED 1976-12-31 → 1980-12-31
3. LEYS CONSULTANTS LIMITED 1973-05-09 → 1976-12-31

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BK Plus Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Accordingly, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and have therefore adopted the going concern basis of preparation.”

Significant events

• “The business has experienced several project delays, particularly in the United States, which have contributed to lower margins and increased costs which has resulted in a loss during the year.”
• “In response, we have restructured our leadership team with a strong focus on project execution, ensuring we are better positioned to manage such challenges going forward.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.