MIL-VER METAL COMPANY LIMITED
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Cash
£531k
-20.4% lowest in 3 filed years
Net assets
£4m
-2.8% vs 2024
Employees
35
-7.9% lowest in 3 filed years
Profit before tax
-£157k
-129.3% lowest in 3 filed years
Net assets
3-year trend · vs Basic Materials 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 | £22,220,180 | £19,793,736 | £17,190,558 | -13.2% | |
| Operating profit | £2,183,106 | £587,445 | -£181,031 | -130.8% | |
| Profit before tax | £1,995,399 | £535,508 | -£156,944 | -129.3% | |
| Net profit | £1,508,529 | £383,466 | -£116,254 | -130.3% | |
| Cash | £1,442,646 | £666,920 | £531,180 | -20.4% | |
| Total assets less current liabilities | £4,925,054 | £4,253,524 | £4,058,137 | -4.6% | |
| Net assets | £3,779,215 | £4,162,681 | £4,046,427 | -2.8% | |
| Equity | £3,779,215 | £4,162,681 | £4,046,427 | -2.8% | |
| Average employees | 40 | 38 | 35 | -7.9% | |
| Wages | £1,623,448 | £1,494,078 | £1,293,349 | -13.4% | |
| Directors' remuneration | £118,415 | £150,834 | £122,972 | -18.5% | |
| Highest paid director | £118,415 | £150,834 | £122,972 | -18.5% |
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 | 9.8% | 3.0% | -1.1% | |
| Net margin | 6.8% | 1.9% | -0.7% | |
| Return on capital employed | 44.3% | 13.8% | -4.5% | |
| Gearing (liabilities / total assets) | 61.7% | 41.0% | 41.2% | |
| Current ratio | 1.48x | 2.02x | 2.07x | |
| Interest cover | 9.68x | 6.36x | — |
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.
Name history
Renamed 1 time since incorporation
- MIL-VER METAL COMPANY LIMITED 1982-12-03 → present
- MINCARN LIMITED 1982-05-11 → 1982-12-03
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having considered the Company's financial position and the continued support available from Amalgamated Metal Corporation PLC ("AMC PLC"), the Company's Directors have a reasonable expectation that the Company will be able to continue in operational existence for at least twelve months...”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BELL, Ian Duncan | Director | 2021-05-31 | Jan 1979 | South African |
| MOHAMMED, Sajid | Director | 2021-05-31 | Aug 1971 | British |
| SHER, David Stephen | Director | 2017-12-20 | Jul 1983 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Hamish Terence Kinnear | Secretary | 2002-08-22 | 2016-02-25 |
| KAUR, Jagdeep | Secretary | 2016-02-25 | 2017-07-14 |
| LAWTON, Jacquetta Clare | Secretary | 1995-02-02 | 2002-01-08 |
| VERDON, James William | Secretary | — | 1995-02-02 |
| BROWN, Hamish Terence Kinnear | Director | 2000-02-01 | 2021-05-31 |
| CLAYTON, Christopher John | Director | — | 1994-04-30 |
| CUTLER, John Leslie | Director | — | 1996-05-31 |
| DAVIES, Christopher Erith | Director | 1996-06-01 | 2000-02-01 |
| DUNNING, Neil | Director | 2011-01-10 | 2017-03-23 |
| GASH, Michael Alfred | Director | 1997-12-10 | 2000-02-01 |
| IBBERSON, Michael Henry | Director | 2001-11-01 | 2011-01-10 |
| JACKSON, Neil Stuart | Director | 2016-02-25 | 2016-08-31 |
| KAUR, Jagdeep | Director | 2015-07-28 | 2017-07-14 |
| KING, Andrew John | Director | 2016-02-25 | 2018-09-28 |
| LAWTON, Jacquetta Clare | Director | 1999-02-05 | 2002-01-08 |
| LAWTON, John Bernard | Director | 1991-06-12 | 1996-05-17 |
| MILES, Graham Spencer | Director | 1999-04-01 | 2007-07-31 |
| MILES, Stephen David | Director | — | 2012-12-31 |
| OPPENHEIMER, Michael Steven | Director | 2000-02-01 | 2011-07-10 |
| PAYNE, Richard Jonathan Clive | Director | 2015-07-28 | 2017-10-06 |
| ROBBINS, Giles Pruen | Director | 2000-02-01 | 2016-05-04 |
| SUMMERS, Steven Martin | Director | 2016-10-18 | 2017-12-19 |
| THORNE, Nicholas | Director | 2013-09-03 | 2016-06-02 |
| VERDON, James William | Director | — | 1999-01-31 |
| WALKER, Ian Rodway | Director | — | 1995-09-27 |
| WILKINSON, James Robert | Director | 2008-07-11 | 2012-07-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Amalgamated Metal Investment Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 183 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type full | |
| 2026-02-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-26 | AA | accounts | Accounts with accounts type full | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-24 | AA | accounts | Accounts with accounts type full | |
| 2024-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-20 | AA | accounts | Accounts with accounts type full | |
| 2023-01-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-08-26 | AA | accounts | Accounts with accounts type full | |
| 2022-04-22 | CH01 | officers | Change person director company with change date | |
| 2022-01-05 | SH01 | capital | Capital allotment shares | |
| 2022-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-21 | AA | accounts | Accounts with accounts type full | |
| 2021-06-01 | AP01 | officers | Appoint person director company with name date | |
| 2021-06-01 | TM01 | officers | Termination director company with name termination date | |
| 2021-06-01 | AP01 | officers | Appoint person director company with name date | |
| 2021-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-05 | AA | accounts | Accounts with accounts type full | |
| 2020-06-24 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.