MASSEY TRUCK ENGINEERING LIMITED
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Cash
£6.8m
+5% highest in 4 filed years
Net assets
£8.7m
+11.7% highest in 4 filed years
Employees
80
-13% lowest in 4 filed years
Profit before tax
£1.3m
-1.7% vs 2024
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £19,954,878 | £28,187,681 | £16,363,635 | £15,545,084 | -5% | |
| Operating profit | £1,255,105 | £1,612,441 | £1,288,848 | £1,255,235 | -2.6% | |
| Profit before tax | £1,254,809 | £1,612,441 | £1,276,591 | £1,255,235 | -1.7% | |
| Net profit | £990,912 | £1,086,520 | £925,376 | £907,805 | -1.9% | |
| Cash | £2,425,374 | £4,553,453 | £6,486,662 | £6,813,424 | +5% | |
| Total assets less current liabilities | £6,004,365 | £7,807,621 | £8,790,229 | £9,779,736 | +11.3% | |
| Net assets | £5,778,035 | £6,864,555 | £7,789,931 | £8,697,736 | +11.7% | |
| Equity | £5,778,035 | £6,864,555 | £7,789,931 | £8,697,736 | +11.7% | |
| Average employees | 84 | 92 | 92 | 80 | -13% | |
| Wages | £2,826,924 | £3,416,533 | £3,218,165 | £3,272,459 | +1.7% | |
| Directors' remuneration | £199,433 | £287,550 | £227,528 | £229,474 | +0.9% | |
| Directors' pension contributions | — | £13,708 | £15,754 | £16,147 | +2.5% | |
| Highest paid director | — | £287,550 | £243,282 | £226,121 | -7.1% |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | 6.3% | 5.7% | 7.9% | 8.1% | |
| Net margin | 5.0% | 3.9% | 5.7% | 5.8% | |
| Return on capital employed | 20.9% | 20.7% | 14.7% | 12.8% | |
| Gearing (liabilities / total assets) | 52.4% | 49.2% | 30.8% | 38.3% | |
| Current ratio | — | 2.21x | 4.18x | 3.06x |
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
- MASSEY TRUCK ENGINEERING LIMITED 1991-07-12 → present
- THRIFTDAILY LIMITED 1991-04-17 → 1991-07-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company forecast, taking account of reasonably possible changes in trading performance, show that the Company should be able to operate within the level of its cash position and existing banking facilities.”
Significant events
- “On 27 February 2026, the Company committed to a significant refurbishment of the Sheffield site at a budgeted cost in the order of approximately £2.1 million.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STREVENS, Nigel Jeremy | Secretary | 2018-08-14 | — | — |
| ROBERTS, Ian James | Director | 2018-04-16 | Jul 1968 | British |
| STREVENS, Nigel Jeremy | Director | 2018-02-22 | Oct 1971 | British |
| STREVENS, Timothy Maxwell | Director | 2018-02-22 | Jun 1974 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WILLIS, Josephine | Secretary | 1991-05-09 | 2003-08-01 |
| WILLIS, Simon Nicholas | Secretary | 2003-08-01 | 2018-08-14 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1991-04-17 | 1991-05-09 |
| BROOKS, David Lee | Director | 2003-01-14 | 2018-02-22 |
| BROOKS, Oliver John | Director | 2003-01-14 | 2018-02-22 |
| BROOKS, Pamela Lee | Director | 1991-05-09 | 2018-02-22 |
| BROOKS, Stuart John | Director | 1991-05-09 | 2001-12-03 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1991-04-17 | 1991-05-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Strevens Vehicles Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2018-02-28 | Active |
| Brooks Brothers & Sons Developments Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-06-30 | Ceased 2018-02-28 |
Filing timeline
Last 20 of 132 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-01-30 RESOLUTIONS Resolution
- 2024-01-30 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type full | |
| 2026-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-18 | AA | accounts | Accounts with accounts type full | |
| 2025-06-18 | SH01 | capital | Capital allotment shares | |
| 2025-05-06 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-04-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-30 | RESOLUTIONS | resolution | Resolution | |
| 2024-01-30 | RESOLUTIONS | resolution | Resolution | |
| 2024-01-29 | SH08 | capital | Capital name of class of shares | |
| 2024-01-26 | SH08 | capital | Capital name of class of shares | |
| 2023-10-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2023-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-26 | AA | accounts | Accounts with accounts type full | |
| 2022-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-10 | AA | accounts | Accounts with accounts type full | |
| 2021-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-04 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 1
- 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.