Get an alert when MC ENGINE LEASING LTD files next

Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.

Free · confirmation link first · unsubscribe in one click

Cash

£11m

USD 14,032,000

Latest balance sheet

Net assets

—

Equity attributable

Employees

—

Average over period

Profit before tax

£5.8m

USD 7,657,000

Period ending 2026-03-31

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2023-12-312024-12-312026-03-31 Δ vs prior
Turnover £4,886,257£2,170,487£2,578,450 —
Operating profit £1,906,966£998,090— —
Profit before tax £2,561,971£2,044,731£5,789,792 —
Net profit £2,074,835£1,533,747£3,472,212 —
Cash £11,470,819£4,606,813£10,610,208 —
Total assets less current liabilities £27,420,772£21,291,786— —
Net assets £26,598,682£20,666,189— —
Equity £26,598,682£20,666,189— —
Average employees 00— —
Wages ——— —
Directors' remuneration £0£0— —

Figures converted to GBP from USD at 0.756 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 —. Year-on-year comparison hidden: this filing covers about 15 months versus 12 months prior. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312026-03-31
Operating margin 39.0%46.0%—
Net margin 42.5%70.7%134.7%
Return on capital employed 7.0%4.7%—
Gearing (liabilities / total assets) 11.4%12.3%—
Current ratio 7.52x7.87x—

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 101
Reporting scope
Standalone (parent only)
Auditor
Deloitte Ireland LLP
Audit opinion
Unqualified (clean)
Going concern
Not a going concern (break-up basis)

“In preparing these financial statements the Directors have considered the appropriateness of the going concern basis. Subsequent to the reporting date, on 15th April 2026, the Company disposed of the final engine in the portfolio for a no gain / no loss. Following this disposal, the directors determined that the Company has completed its business purpose and do not intend to undertake further trading activities. The directors intend to place the Company into a Members' Voluntary Liquidation following the settlement of its remaining obligations and distribution of surplus funds to the shareholders. Accordingly, the directors consider that it is not appropriate to prepare these financial statements on a going concern basis and therefore have prepared the financial statements on a basis other than that of a going concern.”

Significant events

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

People

1 active · 13 resigned

Name Role Appointed Born Nationality
WORMALD, Darren Director 2019-04-01 Aug 1973 British
Show 13 resigned officers
Name Role Appointed Resigned
BARRETT, Tom Director 2012-03-07 2019-04-01
IWASAKI, Masakazu, Mr. Director 2015-05-18 2017-07-29
MASUNAGA, Hirofumi Director 2012-03-02 2015-05-18
MOROOKA, Katsuaki Director 2012-03-07 2012-11-05
NAKANISHI, Hiroshi Director 2014-12-08 2017-04-01
OKAMOTO, Katsuji Director 2017-04-01 2017-09-13
OTANI, Keiichi Director 2017-04-01 2017-09-13
SHARP, Jonathan Lindsey Director 2017-11-09 2019-01-22
SHIMIZU, Tappei, Mr. Director 2014-05-01 2017-04-01
SHIOYA, Yusuke Director 2017-07-29 2017-09-13
UTSUKI, Jun, Mr. Director 2012-11-05 2014-05-01
ENGINE LEASE FINANCE CORPORATION Corporate Director 2012-03-02 2012-03-07
MITSUBISHI CORPORATION INTERNATIONAL (EUROPE) PLC Corporate Director 2012-03-02 2012-03-07

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mitsubishi Hc Capital Inc. Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-10-20 Active
Mitsubishi Corporation Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2016-10-20

Filing timeline

Last 20 of 86 total filings

Date Type Category Description
2026-08-18 AA accounts Accounts with accounts type full
2026-06-01 AD01 address Change registered office address company with date old address new address PDF
2026-03-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-19 AA accounts Accounts with accounts type full
2025-06-16 AA01 accounts Change account reference date company current extended PDF
2025-03-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-11-08 AA accounts Accounts with accounts type full
2024-03-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-11 AA accounts Accounts with accounts type full
2023-03-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-06-14 AA accounts Accounts with accounts type full
2022-03-14 CS01 confirmation-statement Confirmation statement with updates PDF
2021-11-24 PSC05 persons-with-significant-control Change to a person with significant control
2021-11-01 AA accounts Accounts with accounts type full
2021-03-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-02-15 AA accounts Accounts with accounts type full
2020-09-11 AD01 address Change registered office address company with date old address new address PDF
2020-03-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-05-28 AA accounts Accounts with accounts type full
2019-04-02 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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.

Official Companies House page