MELETT LIMITED
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Cash
£3.8m
+356% highest in 3 filed years
Net assets
£28m
-43.7% lowest in 3 filed years
Employees
111
-7.5% lowest in 3 filed years
Profit before tax
£37k
-96.6% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 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.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £26,572,000 | £27,657,000 | £25,673,000 | -7.2% | |
| Operating profit | £1,247,000 | -£458,000 | -£1,050,000 | -129.3% | |
| Profit before tax | £2,561,000 | £1,086,000 | £37,000 | -96.6% | |
| Net profit | £2,759,000 | £940,000 | £72,000 | -92.3% | |
| Cash | £1,228,000 | £839,000 | £3,826,000 | +356% | |
| Total assets less current liabilities | £49,596,000 | £50,514,000 | £28,470,000 | -43.6% | |
| Net assets | £49,455,000 | £50,395,000 | £28,367,000 | -43.7% | |
| Equity | £49,455,000 | £50,395,000 | £28,367,000 | -43.7% | |
| Average employees | 120 | 120 | 111 | -7.5% | |
| Wages | £4,782,000 | £5,025,000 | £5,275,000 | +5% | |
| Directors' remuneration | £219,000 | £308,000 | £271,000 | -12% | |
| Directors' pension contributions | £13,000 | £13,000 | £14,000 | +7.7% | |
| Highest paid director | £204,000 | £293,000 | £256,000 | -12.6% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 4.7% | -1.7% | -4.1% | |
| Net margin | 10.4% | 3.4% | 0.3% | |
| Return on capital employed | 2.5% | -0.9% | -3.7% | |
| Gearing (liabilities / total assets) | 5.4% | 10.5% | 13.3% | |
| Current ratio | 17.82x | 8.86x | 6.04x |
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
- MELETT LIMITED 2002-06-24 → present
- MELETT 2002 LIMITED 2002-05-20 → 2002-06-24
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Accordingly, the Directors have concluded that the Company has adequate resources to continue to meet its liabilities as they fall due. Therefore, the Directors are satisfied they have a reasonable basis upon which to conclude that it remains appropriate to prepare the financial statements on a going concern basis.”
Group structure
- MELETT LIMITED · parent
- Melett North America, Inc. 100%
- Melett (Changzhou) Precision Machinery Co. Limited 100%
- Melett Polska Sp. z.o.o. 100%
Significant events
- “On 19 December 2025, the Company was acquired by BMTS Technology Austria GmbH & Co. KG.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NARDONE, Antonio | Secretary | 2025-12-19 | — | — |
| DONG, Wen | Director | 2025-12-19 | Jul 1987 | Chinese |
| MAIWALD, Markus | Director | 2025-12-19 | Feb 1967 | German |
| NARDONE, Antonio | Director | 2025-12-19 | Oct 1963 | Canadian |
| WALLHEAD, Chris | Director | 2020-12-31 | Mar 1975 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ISAAC, Michael James | Secretary | 2019-11-21 | 2020-12-31 |
| QUINN, Erin | Secretary | 2020-12-31 | 2021-07-19 |
| RIDGE, Anthony Peter | Secretary | 2002-05-20 | 2002-05-22 |
| SEITZ, David Michael | Secretary | 2021-07-19 | 2025-12-19 |
| SEITZ, David Michael | Secretary | 2017-11-30 | 2019-11-21 |
| WARHURST, Nicola Gail | Secretary | 2005-04-01 | 2017-11-30 |
| WRIGHT, Walter Skinner | Secretary | 2002-05-22 | 2005-04-01 |
| FETSKO III, Michael Edward | Director | 2020-05-21 | 2025-12-19 |
| FRODSHAM, Andrew Stephen | Director | 2017-03-01 | 2017-11-30 |
| HOWORTH, Martyn John | Director | 2014-12-01 | 2017-11-30 |
| MASTALERZ, John Anthony | Director | 2017-11-30 | 2025-12-19 |
| MOORE, Jason David | Director | 2017-11-30 | 2020-05-21 |
| SEITZ, David Michael | Director | 2017-11-30 | 2025-12-19 |
| SMITH, Carlton | Director | 2017-03-01 | 2017-11-30 |
| STONES, James Edward | Director | 2017-12-15 | 2020-12-31 |
| STONES, James Edward | Director | 2012-09-19 | 2017-11-30 |
| THOMPSON, Ian | Director | 2012-09-19 | 2017-11-30 |
| WARHURST, Ian James | Director | 2002-05-20 | 2017-11-30 |
| WARHURST, Nicola Gail | Director | 2006-03-24 | 2017-11-30 |
| WILKIN, David | Director | 2012-09-19 | 2014-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bmts Technology Austria Gmbh & Co. Kg | Corporate entity | Shares 75–100%, Voting 75–100% | 2025-12-19 | Active |
| Wabtec Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-11-30 | Ceased 2025-12-19 |
| Mr Ian James Warhurst | Individual | Shares 50–75% | 2016-04-06 | Ceased 2017-11-30 |
| Mrs Nicola Gail Warhurst | Individual | Shares 25–50% | 2016-04-06 | Ceased 2017-11-30 |
Filing timeline
Last 20 of 139 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-18 | AA | accounts | Accounts with accounts type full | |
| 2026-07-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-07-01 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-06-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-05-22 | CH01 | officers | Change person director company with change date | |
| 2026-05-22 | CH01 | officers | Change person director company with change date | |
| 2026-03-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-04 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-02-04 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-04 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-13 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-03 | AA | accounts | Accounts with accounts type full | |
| 2025-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-23 | AA | accounts | Accounts with accounts type full | |
| 2024-05-21 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 17
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 4
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.