M2M LIMITED

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

  +29.3%

  £38,948,719 → £50,346,340

  highest in 3 filed years

• Cash

  -61.4%

  £1,189,445 → £459,475

  lowest in 4 filed years

• Net assets

  +1.3%

  £2,913,134 → £2,951,959

  highest in 3 filed years

• Employees

  +20%

  15 → 18

  highest in 3 filed years

• Operating profit

  -78%

  £268,528 → £58,989

  lowest in 3 filed years

• Profit before tax

  -73.4%

  £265,442 → £70,727

  lowest in 3 filed years

• Wages

  +22.1%

  £787,122 → £961,319

  highest in 3 filed years

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. M2M LIMITED 1997-11-17 → present
2. DYNAMIK SERVICES LIMITED 1997-09-09 → 1997-11-17

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are confident that there is sufficient headroom to meet the forecast cash requirements during the twelve months from the date of approval of the financial statements having considered any additional requirements that would be contingent on a downturn in activity over the same period.”

Group structure

1. M2M LIMITED · parent
   1. M2M Europe B.V. 100% · Netherlands

Significant events

• “Overall 2024's performance and market analysis can be clearly distinguished in two halves. In H1, market intelligence indicated that stock shortages across the SSD and DRAM markets, was likely to strike in Q2 2024. This resulted in increased demand and a need and desire to take in additional stock. The market predicted shortages didn't materialize, which led to major overstocks within the channel. As a result of this, H2 performance within our core channel business significantly deteriorated with reduced revenues and margins, and increased exposure to FX risk from longer term stock holding. There is a need to consider the wider geo-political backdrop within 2024, with both the war in Ukraine and tensions between China and Taiwan still playing a key role in delivering overall uncertainty.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

0

last 12 months

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