LTI METALTECH LIMITED
Get an alert when LTI METALTECH LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-14 (in 7mo)
Last made up 2025-11-30
Watchouts
None on the register
Cash
£398K
-26.4% vs 2023
Net assets
£13M
+6.8% vs 2023
Employees
115
-0.9% vs 2023
Profit before tax
£771K
+182.2% vs 2023
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £30,972,723 | £28,589,781 | |
| Operating profit | — | — | — | — | — | £925,003 | £629,947 | |
| Profit before tax | — | — | — | — | — | -£938,691 | £771,459 | |
| Net profit | — | — | — | — | — | -£1,160,971 | £831,900 | |
| Cash | — | — | — | — | — | £540,741 | £397,866 | |
| Total assets less current liabilities | — | — | — | — | — | £13,142,173 | £13,860,474 | |
| Net assets | — | — | — | — | — | £12,176,694 | £13,008,594 | |
| Equity | £9,405,230 | £10,259,336 | — | — | — | £12,176,694 | £13,008,594 | |
| Average employees | — | — | — | — | — | 116 | 115 | |
| Wages | — | — | — | — | — | £5,355,773 | £5,310,848 | |
| Directors' remuneration | — | — | — | — | — | £718,979 | £634,908 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-7.7%
£30,972,723 £28,589,781
-
Cash
-26.4%
£540,741 £397,866
-
Net assets
+6.8%
£12,176,694 £13,008,594
-
Employees
-0.9%
116 115
-
Operating profit
-31.9%
£925,003 £629,947
-
Profit before tax
+182.2%
-£938,691 £771,459
-
Wages
-0.8%
£5,355,773 £5,310,848
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 3.0% | 2.2% | |
| Net margin | — | — | — | — | — | -3.7% | 2.9% | |
| Return on capital employed | — | — | — | — | — | 7.0% | 4.5% | |
| Current ratio | — | — | — | — | — | 2.64x | 3.36x | |
| Interest cover | — | — | — | — | — | 225.56x | 58.49x |
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
- LTI METALTECH LIMITED 2004-12-08 → present
- LTI METALLTECHNIK LIMITED 2004-11-30 → 2004-12-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Shaw Gibbs (Audit) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- LTI METALTECH LIMITED · parent
- Vessco Engineering Limited 100%
Significant events
- “A project to install solar panels on the roof of the principal factory on Milton Park has taken longer than anticipated to complete, but it is hoped installation will now commence in summer 2025.”
- “During the year ended 31 December 2024, the company entered into a further supplier agreement to purchase stainless steel, approx 1,523 tonnes starting in October 2024 and expected to finish in September 2025 at a total cost of c£6.23m.”
- “During the year ended 31 December 2024, the company also entered into a supplier agreement to purchase aluminium, approx 350 tonnes starting in October 2024 and expected to finish in September 2025 at a total cost of c£1.44m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLARK, Andrew John | Director | 2022-12-22 | Jan 1970 | British |
| KAISER, Markus | Director | 2006-10-12 | Mar 1968 | German |
| RAYNER, Edgar | Director | 2017-09-12 | Jun 1966 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLEN, James Anthony Geoffrey Xerxes | Secretary | 2004-11-30 | 2010-09-30 |
| AUCHTER, Steffen | Director | 2004-11-30 | 2006-10-31 |
| BROWN, Nigel Gordon | Director | 2004-11-30 | 2006-09-25 |
| ISAAK, Klaus | Director | 2006-10-12 | 2021-02-28 |
| LACEY, Philippe | Director | 2006-09-01 | 2020-03-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 67 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-20 | AA | accounts | Accounts with accounts type full | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-01 | AA | accounts | Accounts with accounts type full | |
| 2023-12-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-16 | AA | accounts | Accounts with accounts type full | |
| 2023-03-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-12-22 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-22 | AA | accounts | Accounts with accounts type full | |
| 2021-12-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-11-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-04-22 | AA | accounts | Accounts with accounts type full | |
| 2021-03-16 | TM01 | officers | Termination director company with name termination date | |
| 2021-02-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-04-30 | AA | accounts | Accounts with accounts type full | |
| 2020-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2020-01-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-04-18 | AA | accounts | Accounts with accounts type full | |
| 2018-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.