HI-LEX ACT WALES LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-02-18 (in 9mo)
Last made up 2026-02-04
Watchouts
None on the register
Cash
£3M
-35.9% vs 2024
Net assets
£10M
-4.8% vs 2024
Employees
84
+6.3% highest in 4 filed years
Profit before tax
£1M
-14.8% vs 2024
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2018-12-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £23,649,000 | £22,945,000 | £29,312,397 | £26,208,285 | |
| Operating profit | — | — | — | — | £1,576,069 | £1,352,922 | |
| Profit before tax | — | — | £1,207,000 | £617,000 | £1,601,744 | £1,365,486 | |
| Net profit | — | — | £920,000 | £405,000 | £1,184,463 | £1,070,065 | |
| Cash | — | — | £4,322,000 | £1,783,000 | £4,436,773 | £2,842,958 | |
| Total assets less current liabilities | — | — | £10,018,000 | £10,043,000 | £11,751,784 | £11,265,704 | |
| Net assets | — | — | £9,115,000 | £9,060,000 | £10,785,172 | £10,263,005 | |
| Equity | — | £9,316,000 | £9,115,000 | £9,060,000 | £10,785,172 | £10,263,005 | |
| Average employees | — | — | 82 | 77 | 79 | 84 | |
| Wages | — | — | £1,990,000 | £1,876,000 | £2,467,562 | £2,737,099 | |
| Directors' remuneration | — | — | £159,000 | £132,000 | £137,908 | £135,191 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-10.6%
£29,312,397 £26,208,285
-
Cash
-35.9%
£4,436,773 £2,842,958
-
Net assets
-4.8%
£10,785,172 £10,263,005
-
Employees
+6.3%
79 84
highest in 4 filed years
-
Operating profit
-14.2%
£1,576,069 £1,352,922
-
Profit before tax
-14.8%
£1,601,744 £1,365,486
-
Wages
+10.9%
£2,467,562 £2,737,099
highest in 4 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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 5.4% | 5.2% | |
| Net margin | — | — | 3.9% | 1.8% | 4.0% | 4.1% | |
| Return on capital employed | — | — | — | — | 13.4% | 12.0% | |
| Gearing (liabilities / total assets) | — | — | — | — | 39.8% | 34.7% | |
| Current ratio | — | — | — | — | 2.23x | 2.57x | |
| Interest cover | — | — | — | — | — | 81.05x |
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 2 times since incorporation — the current trading name was adopted 2025-11-04
- HI-LEX ACT WALES LTD 2025-11-04 → present
- MITSUI COMPONENTS EUROPE LTD. 1999-06-14 → 2025-11-04
- FLOWLAKE LIMITED 1999-05-17 → 1999-06-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which assumes the company will continue in operational existence for the foreseeable future. As of 31 March 2025, the Company has cash at bank of £2.8m and net assets of £10.2m. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “There is a substantial change that will take place in 2025 to 2026 regarding Mitsui Kinzoku ACT and the parent company Mitsui Mining & Smelting Co. Ltd (MMS). The Board of Directors of MMS has resolved to transfer all shares of Mitsui Kinzoku ACT to HI-LEX CORPORATION and has signed a share transfer agreement.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 47 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVIES, Mark Haydn | Secretary | 2024-02-14 | — | — |
| DAVIES, Mark Haydn Richard | Director | 2012-06-15 | Jun 1965 | Welsh |
| IGATA, Hiroshi | Director | 2026-03-31 | Apr 1960 | Japanese |
| TSUKAYAMA, Hiroo | Director | 2026-04-01 | Aug 1978 | Japanese |
Show 47 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, Mark Hayden | Secretary | 2016-04-01 | 2016-09-30 |
| ISHII, Kenichi | Secretary | 2000-03-15 | 2001-12-03 |
| KAMITANI, Hiroshi | Secretary | 2016-09-30 | 2024-02-14 |
| OGITA, Masahiko | Secretary | 2006-11-24 | 2009-06-30 |
| TSUCHIDA, Takeharu | Secretary | 2001-12-03 | 2006-11-24 |
| ABOGADO CUSTODIANS LIMITED | Corporate Nominee Secretary | 1999-06-03 | 2000-03-20 |
| THE COMPANY REGISTRATION AGENTS LIMITED | Corporate Nominee Secretary | 1999-05-17 | 1999-06-03 |
| AIKYO, Katsunori | Director | 2003-11-11 | 2005-04-25 |
| FUKUSHIMA, Tsuneo | Director | 1999-06-14 | 2001-04-01 |
| HAYASHI, Masahiro | Director | 2003-05-23 | 2008-06-27 |
| HIRABAYASHI, Yutaka | Director | 2007-08-13 | 2010-05-25 |
| HIRANO, Kazuo | Director | 2006-11-24 | 2010-07-01 |
| HIRONAKA, Takao | Director | 2001-04-01 | 2006-04-24 |
| HIROSE, Shunji | Director | 1999-06-14 | 2007-08-13 |
| HOSHIKAWA, Tsuguo | Director | 2009-03-01 | 2011-06-24 |
| HOSHIKAWA, Tuguo | Director | 2013-04-01 | 2019-05-24 |
| IGATA, Hiroshi | Director | 2025-04-01 | 2026-03-29 |
| IGATA, Hiroshi | Director | 2018-04-18 | 2022-06-16 |
| INOUE, Shinji | Director | 2024-02-14 | 2026-03-31 |
| ISHII, Kenichi | Director | 2000-03-15 | 2001-12-03 |
| ISHII, Tatsuya | Director | 2000-03-15 | 2003-05-23 |
| KAMITANI, Hiroshi | Director | 2016-09-30 | 2024-02-14 |
| KANEMOTO, Takachika | Director | 2008-03-20 | 2010-05-25 |
| KAWANOBE, Osamu | Director | 2015-04-01 | 2016-09-30 |
| KISHIMOTO, Kazuhiko | Director | 2005-04-25 | 2006-11-24 |
| MANABE, Takashi | Director | 2010-07-01 | 2018-04-18 |
| MORISHITA, Yoshio | Director | 2000-03-15 | 2001-12-03 |
| NAKADA, Toshiro | Director | 2001-12-03 | 2003-11-11 |
| OGITA, Masahiko | Director | 2010-05-25 | 2010-12-27 |
| OGITA, Masahiko | Director | 2006-11-24 | 2009-06-30 |
| SAKA, Toshiaki | Director | 2013-04-01 | 2015-03-31 |
| SAKAI, Harufumi | Director | 2007-08-13 | 2012-06-15 |
| SAKAI, Harufumi | Director | 2003-11-11 | 2005-04-25 |
| SHIBATA, Toru | Director | 2018-04-18 | 2019-05-24 |
| SHIBATA, Toru | Director | 2010-05-25 | 2011-11-30 |
| SUNAGA, Tatsuo | Director | 2000-03-15 | 2003-11-11 |
| TAKEBAYASHI, Yoshihiko | Director | 2006-04-24 | 2007-08-13 |
| TAKEBE, Yukio | Director | 2005-04-25 | 2006-11-24 |
| TSUCHIDA, Takeharu | Director | 2001-12-03 | 2006-11-24 |
| TSUJI, Hitoshi | Director | 2011-06-23 | 2013-03-31 |
| TSUMORI, Katsuya | Director | 2009-10-02 | 2010-12-27 |
| UCHIDA, Kensuke | Director | 2008-06-30 | 2009-02-28 |
| WAKAI, Kentaro | Director | 2022-06-16 | 2025-04-01 |
| YAMAZAKI, Kenichi | Director | 2011-06-23 | 2016-03-31 |
| ABOGADO CUSTODIANS LIMITED | Corporate Nominee Director | 1999-06-03 | 1999-06-14 |
| ABOGADO NOMINEES LIMITED | Corporate Nominee Director | 1999-06-03 | 1999-06-14 |
| LUCIENE JAMES LIMITED | Corporate Nominee Director | 1999-05-17 | 1999-06-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Mark Haydn Richard Davies | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
| Hi-Lex Act Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 180 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-29 RESOLUTIONS Resolution
- 2026-04-09 MA Memorandum articles
- 2025-11-04 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-29 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-13 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-04-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-13 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-13 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-09 | MA | incorporation | Memorandum articles | |
| 2026-04-09 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-04 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-07-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-16 | AA | accounts | Accounts with accounts type full | |
| 2024-02-22 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-02-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.