MI-FLUES LTD.
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Cash
£6.2M
+34.2% vs 2024
Net assets
£12M
-8.2% vs 2024
Employees
111
-5.1% vs 2024
Profit before tax
£6.6M
+13.9% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-29
| Metric | Trend | 2024-06-29 | 2025-06-29 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £29,663,320 | £27,894,521 | -6% | |
| Operating profit | £5,622,301 | £6,441,148 | +14.6% | |
| Profit before tax | £5,757,029 | £6,557,205 | +13.9% | |
| Net profit | £4,371,038 | £4,978,979 | +13.9% | |
| Cash | £4,648,169 | £6,238,353 | +34.2% | |
| Total assets less current liabilities | £13,294,496 | £12,290,562 | -7.6% | |
| Net assets | £12,986,248 | £11,920,358 | -8.2% | |
| Equity | £12,986,248 | £11,920,358 | -8.2% | |
| Average employees | 117 | 111 | -5.1% | |
| Wages | £3,522,373 | £3,412,604 | -3.1% | |
| Directors' remuneration | £200,000 | £200,000 | 0% |
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 | 2024-06-29 | 2025-06-29 |
|---|---|---|---|
| Operating margin | 19.0% | 23.1% | |
| Net margin | 14.7% | 17.8% | |
| Return on capital employed | 42.3% | 52.4% | |
| Current ratio | 3.21x | 2.76x | |
| Interest cover | — | 95.11x |
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
- Horne Brooke Shenton
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Significant events
- “Contributions of £6,044,869 (2024 - £31,857) were made during the period by Mi-Flues Limited to Mi-Flues EOT Trustee Limited, which was established in 2023.”
- “Of this contribution £44,801 (2024 - £31,857) was distributed between the employees of Mi-Flues Limited. The remaining £6,000,068 was in respect of consideration due to previous shareholders and costs associated with Mi-Flues EOT Trustee Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ZAKRZEWSKI, Angela | Secretary | 2009-10-06 | — | British |
| ZAKRZEWSKI, Andrew | Director | 1996-11-13 | Mar 1964 | British |
| ZAKRZEWSKI, Angela | Director | 1996-11-13 | Sep 1964 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCCOOEY, Ann-Marie | Secretary | 1996-11-13 | 2001-05-29 |
| MCNALLY, James | Secretary | 2001-05-29 | 2009-10-06 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1996-11-13 | 1996-11-13 |
| MARSHALL, Mark | Director | 1996-11-13 | 2000-09-01 |
| MCCOOEY, Ann-Marie | Director | 1996-12-07 | 2001-05-29 |
| MCDONAGH, Com | Director | 1996-12-07 | 2003-10-19 |
| MCNALLY, Jim | Director | 1996-11-13 | 2009-10-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mi-Flues Eot Trustee Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-06-29 | Active |
| Mrs Angela Zakrzewski | Individual | Shares 25–50% | 2016-11-13 | Ceased 2023-06-29 |
| Mr Andrew Zakrzewski | Individual | Shares 25–50% | 2016-11-13 | Ceased 2023-06-29 |
Filing timeline
Last 20 of 85 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-04 | AA | accounts | Accounts with accounts type full | |
| 2025-12-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-01 | AA | accounts | Accounts with accounts type full | |
| 2024-11-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-06 | AA | accounts | Accounts with accounts type full | |
| 2023-12-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-30 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-06-30 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-06-30 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-03-28 | AA | accounts | Accounts with accounts type full | |
| 2022-11-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-01-20 | AA | accounts | Accounts with accounts type full | |
| 2021-12-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-04-20 | AA | accounts | Accounts with accounts type full | |
| 2020-12-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-04-01 | AA | accounts | Accounts with accounts type full | |
| 2019-11-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-03-28 | AA | accounts | Accounts with accounts type total exemption full | |
| 2018-11-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2018-03-29 | AA | accounts | Accounts with accounts type total exemption full |
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.