MULTIPANEL UK 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

  -3.6%

  £84,535,021 → £81,502,640

• Cash

  -16.4%

  £3,069,732 → £2,567,118

• Net assets

  -3.5%

  £24,929,567 → £24,062,318

• Employees

  -2.3%

  131 → 128

• Operating profit

  -45.9%

  £6,094,884 → £3,300,178

  lowest in 5 filed years

• Profit before tax

  -44.1%

  £5,778,583 → £3,228,713

  lowest in 5 filed years

• Wages

  +5.4%

  £5,443,489 → £5,735,533

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Gibson Booth

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. MULTIPANEL UK LIMITED · parent
   1. Multipanel Europe BE 100% · Belgium

Significant events

• “Turnover decreased by 3.5% to £81.5 million in 2024 (2023: £84.5 million).”
• “Trading profit before tax was £3.2 million in 2024, £2.6 million less than the prior year.”
• “A £771,000 decrease in profit was due to the revaluation of land and buildings, with the remainder from lower sales and gross margin.”
• “The company manages commercial risk through continued investment in quality control, production efficiency and customer service.”
• “Credit risk is controlled via credit insurance and careful monitoring of credit limits.”
• “Raw material price risk is minimised through fixed price contracts with main suppliers and long-term energy contracts.”
• “MPUK continuously analyses its impact on energy consumption and implements initiatives like partnering with aluminium recycling businesses, researching manufacturing waste solutions, transitioning to LED lighting, and creating a second product loading area.”
• “The company aims to increase production line capacity for future growth without compromising product quality.”
• “Emphasis is placed on developing vendor relationships to lower costs and achieve economies of scale.”
• “Health and safety of employees is a primary focus, with ongoing improvements to facilities and regular medical visits.”
• “Internal training ensures safe workplace processes, and a continuous review addresses pay gaps and wage fairness.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.