MI VEHICLE INTEGRATION LIMITED
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Cash
£1.9M
+192.9% vs 2024
Net assets
£1.9M
+42% vs 2024
Employees
208
+26.8% vs 2024
Profit before tax
£639K
+43.1% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-04-30
| Metric | Trend | 2024-04-30 | 2025-04-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £11,404,931 | £16,517,181 | +44.8% | |
| Operating profit | £654,772 | £956,483 | +46.1% | |
| Profit before tax | £446,615 | £639,241 | +43.1% | |
| Net profit | £319,890 | £550,848 | +72.2% | |
| Cash | £654,770 | £1,918,141 | +192.9% | |
| Total assets less current liabilities | £1,604,755 | £2,908,994 | +81.3% | |
| Net assets | £1,311,876 | £1,862,724 | +42% | |
| Equity | £1,311,876 | £1,862,724 | +42% | |
| Average employees | 164 | 208 | +26.8% | |
| Wages | £5,021,243 | £6,465,689 | +28.8% | |
| Directors' remuneration | £0 | £0 | — |
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 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Operating margin | 5.7% | 5.8% | |
| Net margin | 2.8% | 3.3% | |
| Return on capital employed | 40.8% | 32.9% | |
| Gearing (liabilities / total assets) | 71.8% | 62.4% | |
| Current ratio | 1.05x | 1.49x | |
| Interest cover | 3.15x | 3.01x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA Audit Services LLP
- 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.”
Significant events
- “The company has experienced weaker demand from the bus industry in the later part of 2025 and has responded by reducing staff levels.”
- “On 31 March 2026 the company's major customer announced their intention to move all assembly of chassis back to their own facilities.”
- “The company resolved a Settlement Agreement with the company's major customer and settled the agreed amount on 27 February 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OAKES, James Ian | Secretary | 2008-01-16 | — | British |
| FIELD, Martin John | Director | 2008-01-16 | Jul 1961 | British |
| OAKES, James Ian | Director | 2008-01-16 | Aug 1956 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLSOPP, Robert William | Director | 2009-10-20 | 2015-06-30 |
| STRETTON, John Michael | Director | 2011-11-14 | 2013-06-17 |
| TAYLOR, Merrick Wentworth | Director | 2008-01-16 | 2009-10-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Martin John Field | Individual | Shares 25–50% | 2016-04-06 | Active |
| Mr James Ian Oakes | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 54 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-06 | AA | accounts | Accounts with accounts type full | |
| 2026-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-06-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-12 | AA | accounts | Accounts with accounts type small | |
| 2024-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-02 | AA | accounts | Accounts with accounts type small | |
| 2023-02-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-01 | AA | accounts | Accounts with accounts type small | |
| 2022-01-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-16 | AA | accounts | Accounts with accounts type small | |
| 2021-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-17 | AA | accounts | Accounts with accounts type small | |
| 2020-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-21 | AA | accounts | Accounts with accounts type full | |
| 2019-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-09-18 | AA | accounts | Accounts with accounts type full | |
| 2018-02-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2017-08-22 | AA | accounts | Accounts with accounts type full |
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.