MTALX 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

  -30.8%

  £531,272,258 → £367,492,577

• Cash

  -91.3%

  £1,423,108 → £124,468

• Net assets

  +26.1%

  £31,323,620 → £39,494,453

• Employees

  +26.9%

  26 → 33

• Operating profit

  +56.6%

  £11,025,163 → £17,265,631

• Profit before tax

  +113.9%

  £5,186,569 → £11,094,569

• Wages

  +7.8%

  £2,010,864 → £2,167,132

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.

1. MTALX LIMITED 2017-09-28 → present
2. PROSPERO METALS LIMITED 2017-06-06 → 2017-09-28
3. DERBY METALS & MINERALS LIMITED 2010-02-23 → 2017-06-06

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Lopian Gross Barnett & Co

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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. MTALX LIMITED · parent
   1. D & D Far East Holdings Limited 100% · British Virgin Islands · Holding Company

Significant events

• “Over the year the Company's turnover reduced as the business encountered soft global commodity pricing. At the same time, the profit for the financial year increased from £4.2m to £8.3m as the Company focused on better and more profitable contracts ergaging with stronger counterparties and improving the Company's access to markets.”
• “Major world events, particularly the conflict in Ukraine and ongoing war in the Middle East continue to challenge international shipping routes. The US election campaign contributed to volatility in the markets which the Company was able to take advantage of by adapting and reacting timeously to occasional short-term mismatching in pricing through its simplified management structure.”
• “The company has three directors (two prior to 28 June 2024), all of whom have representation on the Board. The full Board consists of two members, both of whom are also owners of the group.”

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.