MII ENGINEERING LIMITED
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Next accounts due
2026-10-31 (in 5mo)
Last filed for 2025-01-31
Confirmation statement due
2027-02-13 (in 9mo)
Last made up 2026-01-30
Watchouts
Cash
£1M
+7.8% highest in 5 filed years
Net assets
£6M
+29.5% highest in 5 filed years
Employees
392
-23.1% vs 2024
Profit before tax
£2M
+207.8% highest in 5 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2025-01-31
| Metric | Trend | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 |
|---|---|---|---|---|---|---|---|
| Turnover | £44,161,438 | £32,612,947 | £42,132,394 | — | £53,142,323 | £48,038,943 | |
| Operating profit | £387,364 | £308,345 | £448,615 | — | £718,725 | £1,862,051 | |
| Profit before tax | £358,519 | £308,284 | £448,616 | — | £549,857 | £1,692,438 | |
| Net profit | £306,656 | £243,769 | £357,209 | — | £261,973 | £1,421,107 | |
| Cash | £447,611 | £455,137 | £562,842 | — | £928,782 | £1,001,578 | |
| Total assets less current liabilities | £3,347,814 | £3,590,482 | £4,061,906 | — | £4,931,124 | £6,334,022 | |
| Net assets | £3,270,779 | £3,514,548 | £3,871,757 | — | £4,815,903 | £6,237,010 | |
| Equity | £3,270,779 | £3,514,548 | £3,871,757 | — | £4,815,903 | £6,237,010 | |
| Average employees | 549 | 389 | 437 | — | 510 | 392 | |
| Wages | £23,345,524 | £16,505,125 | £18,793,661 | — | £23,210,958 | £21,577,621 | |
| Directors' remuneration | £280,145 | £306,360 | £331,095 | — | £848,992 | £730,532 |
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
FY2024 → FY2025 · period ending 2025-01-31 vs 2024-01-31
-
Turnover
-9.6%
£53,142,323 £48,038,943
-
Cash
+7.8%
£928,782 £1,001,578
highest in 5 filed years
-
Net assets
+29.5%
£4,815,903 £6,237,010
highest in 5 filed years
-
Employees
-23.1%
510 392
-
Operating profit
+159.1%
£718,725 £1,862,051
highest in 5 filed years
-
Profit before tax
+207.8%
£549,857 £1,692,438
highest in 5 filed years
-
Wages
-7%
£23,210,958 £21,577,621
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 | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 0.9% | 0.9% | 1.1% | — | 1.4% | 3.9% | |
| Net margin | 0.7% | 0.7% | 0.8% | — | 0.5% | 3.0% | |
| Return on capital employed | 11.6% | 8.6% | 11.0% | — | 14.6% | 29.4% | |
| Current ratio | — | — | — | — | 1.34x | 1.65x | |
| Interest cover | 13.43x | 3953.14x | — | — | 4.12x | 10.07x |
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
- MII ENGINEERING LIMITED 2010-12-29 → present
- ASSOCIATED ENGINEERING SOLUTIONS LIMITED 2009-01-30 → 2010-12-29
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Kilsby & Williams 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
- “On 20 February 2025 the company acquired a 100% interest in Mii Manufacturing Limited following a share for share exchange which resulted in the issue of a further 100 Ordinary £1 shares in the company.”
- “On 21 March 2025 the company was sold to Mii Trustee Limited, an Employee Ownership Trust set up for the benefit of employees.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARNESEN, Brian Roy | Director | 2011-02-07 | May 1966 | Welsh |
| CRANDON, Julie Anne | Director | 2011-02-07 | Jan 1968 | British |
| MOODY, Matthew James | Director | 2011-02-07 | Mar 1971 | British |
| PASSMORE, Richard | Director | 2024-01-02 | May 1985 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARNESEN, Catherine Elizabeth | Director | 2010-11-28 | 2025-03-21 |
| CHARLES, Dilwyn Alan | Director | 2009-01-30 | 2010-11-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mii Trustee Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-03-21 | Active |
| Mr Brian Roy Arnesen | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2025-03-21 |
Filing timeline
Last 20 of 75 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-03-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-22 | AA | accounts | Accounts with accounts type full | |
| 2025-03-31 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-03-31 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-27 | SH01 | capital | Capital allotment shares | |
| 2025-02-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-02-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-31 | CH01 | officers | Change person director company with change date | |
| 2024-01-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-01 | AA | accounts | Accounts with accounts type full | |
| 2023-07-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 1
- 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.