MURFITTS INDUSTRIES LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +5.5%

  £23,790,000 → £25,087,000

  highest in 4 filed years

• Cash

  -84.6%

  £758,000 → £117,000

  lowest in 4 filed years

• Net assets

  +7.1%

  £15,562,000 → £16,673,000

  highest in 4 filed years

• Employees

  +1.7%

  58 → 59

• Operating profit

  +139.2%

  £1,167,000 → £2,792,000

  highest in 4 filed years

• Profit before tax

  +180.3%

  £983,000 → £2,755,000

  highest in 4 filed years

• Wages

  +8.3%

  £2,374,000 → £2,571,000

  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

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. MURFITTS INDUSTRIES LIMITED 2002-02-04 → present
2. MURFITTS RUBBER INDUSTRIES LIMITED 2000-06-12 → 2002-02-04

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have adopted the Going Concern basis in preparing these financial statements. This is on the basis that the Directors have a reasonable expectation that the business will continue in operational existence for a period of at least 12 months from the date of the signing of these financial statements. In coming to this conclusion, the Directors have considered the current trading conditions, the Group's performance against budget and prior years, and the committed funding made available to the Group by its ultimate parent, Itochu Corporation, via its subsidiary Itochu Treasury Centre Europe PLC.”

Significant events

• “During the year ended 31 March 2025, Murfitts Industries Limited disclosed a VAT error to HMRC. This error arose from intercompany transactions with European Tyre Enterprise Limited and other subsidiaries, involved omitted VAT on intercompany recharges, export rebates, and virtual credit cards. Management engaged with HMRC via an Error Correction Notice (ECN) to rectify this. Following HMRC's review, Murfitts Industries Limited will receive £722,404 in VAT. This was treated as an adjusting post-balance sheet event, increasing the company's total net assets by £722,404.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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