MARINE AND INDUSTRIAL TRANSMISSIONS LIMITED
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Cash
£523
-99.9% lowest in 5 filed years
Net assets
£2.9m
-11.4% vs 2024
Employees
54
0% vs 2024
Profit before tax
£703k
+24.6% highest in 4 filed years
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £7,759,040 | £8,300,728 | — | £10,340,184 | £11,129,437 | +7.6% | |
| Operating profit | £350,962 | -£33,984 | — | £552,968 | £695,997 | +25.9% | |
| Profit before tax | £359,995 | -£32,339 | — | £564,302 | £702,846 | +24.6% | |
| Net profit | — | — | — | £494,921 | £529,284 | +6.9% | |
| Cash | £594,457 | £4,902 | £412,285 | £744,751 | £523 | -99.9% | |
| Total assets less current liabilities | £3,189,956 | £2,248,724 | £2,797,384 | £3,295,419 | £2,928,469 | -11.1% | |
| Net assets | £3,171,211 | £2,222,379 | £2,747,055 | £3,241,976 | £2,871,260 | -11.4% | |
| Equity | £3,171,211 | £2,222,379 | £2,747,055 | £3,241,976 | £2,871,260 | -11.4% | |
| Average employees | 41 | 50 | 51 | 54 | 54 | 0% | |
| Wages | — | — | — | £2,585,076 | £2,626,154 | +1.6% | |
| Directors' remuneration | — | — | — | £220,682 | £214,782 | -2.7% | |
| Directors' pension contributions | — | — | — | £44,077 | £46,499 | +5.5% | |
| Highest paid director | — | — | — | £134,469 | £129,629 | -3.6% |
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | 4.5% | -0.4% | — | 5.3% | 6.3% | |
| Net margin | — | — | — | 4.8% | 4.8% | |
| Return on capital employed | 11.0% | -1.5% | — | 16.8% | 23.8% | |
| Gearing (liabilities / total assets) | 32.1% | 47.0% | 45.6% | 40.3% | 45.2% | |
| Current ratio | — | — | — | 2.42x | 2.14x | |
| Interest cover | — | — | — | — | 94.99x |
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
- Rödl & Partner Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Significant events
- “During the year an Agreement to Lease was signed for the Kent operation to be able to move to a new purpose-built facility at Walbrook Business Park. This move is expected to take place during Q4 of 2026 and Q1 of 2027.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FENTON, Peter Michael | Secretary | 2010-05-31 | — | — |
| BRATTBERG, Jan | Director | 2018-12-03 | Jan 1972 | Swedish |
| FASTH SCHMIDT, Jimmy | Director | 2018-12-03 | Jun 1972 | Swedish |
| FENTON, Peter Michael | Director | 2010-04-07 | Feb 1963 | British |
| LOGUE, John Thomas | Director | 2015-04-27 | Sep 1970 | British |
| SKARGREN, Viktor | Director | 2022-06-17 | Jul 1986 | Swedish |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHAPMAN, John Richard | Secretary | — | 2010-05-31 |
| BROWN, Rebecca Elizabeth | Director | 1999-05-08 | 2015-08-13 |
| CHAPMAN, John Richard | Director | 1999-12-08 | 2010-05-31 |
| CHAPMAN, John Richard | Director | — | 1994-06-03 |
| CLARKE, Gary | Director | 2010-01-01 | 2021-10-31 |
| FLACK, Alec Campbell | Director | — | 1994-06-03 |
| GLANVILL, Nicholas | Director | 2013-07-16 | 2018-12-03 |
| HILL, Andrew Grenville | Director | 1995-12-05 | 2015-08-13 |
| HILL, Jeremy Grenville | Director | 1992-11-02 | 2018-12-03 |
| HILL, Jillian Elizabeth | Director | — | 2010-03-31 |
| HILL, Rodney Grenville | Director | — | 2009-04-26 |
| JACKSON, Martin | Director | 2010-01-01 | 2010-01-01 |
| JACKSON, Martin | Director | 2010-01-01 | 2016-03-31 |
| PEARCE, Geoffrey William | Director | 1999-12-08 | 2013-09-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Axel Johnson International Ab | Corporate entity | Shares 75–100%, Voting 75–100% | 2021-03-31 | Active |
| Marindus Group Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2021-03-31 |
Filing timeline
Last 20 of 136 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-10-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-23 | AA | accounts | Accounts with accounts type small | |
| 2024-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-22 | AA | accounts | Accounts with accounts type small | |
| 2024-02-28 | CH01 | officers | Change person director company with change date | |
| 2023-11-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-08 | AA | accounts | Accounts with accounts type small | |
| 2022-06-17 | AP01 | officers | Appoint person director company with name date | |
| 2022-05-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-04-25 | TM01 | officers | Termination director company with name termination date | |
| 2021-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-22 | AA | accounts | Accounts with accounts type full | |
| 2021-03-31 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-03-31 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-06-08 | AA | accounts | Accounts with accounts type full | |
| 2020-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.