HORIBA MIRA LIMITED
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Cash
£5.1m
+9.4% vs 2024
Net assets
£37m
-1.7% lowest in 3 filed years
Employees
533
+2.9% vs 2024
Profit before tax
-£638k
+58.8% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £71,649,000 | £67,524,000 | £87,215,000 | +29.2% | |
| Operating profit | £1,401,000 | £2,136,000 | £2,355,000 | +10.3% | |
| Profit before tax | -£2,090,000 | -£1,547,000 | -£638,000 | +58.8% | |
| Net profit | — | -£1,547,000 | -£638,000 | +58.8% | |
| Cash | £6,088,000 | £4,655,000 | £5,093,000 | +9.4% | |
| Total assets less current liabilities | £56,622,000 | £57,732,000 | £55,977,000 | -3% | |
| Net assets | £39,357,000 | £37,810,000 | £37,172,000 | -1.7% | |
| Equity | £39,357,000 | £37,810,000 | £37,172,000 | -1.7% | |
| Average employees | 536 | 518 | 533 | +2.9% | |
| Wages | £28,836,000 | £26,139,000 | £25,699,000 | -1.7% | |
| Directors' remuneration | £2,004,000 | £1,273,000 | £1,200,000 | -5.7% | |
| Directors' pension contributions | £27,000 | £21,000 | £52,000 | +147.6% | |
| Highest paid director | £655,000 | £378,000 | £379,000 | +0.3% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 2.0% | 3.2% | 2.7% | |
| Net margin | — | -2.3% | -0.7% | |
| Return on capital employed | 2.5% | 3.7% | 4.2% | |
| Gearing (liabilities / total assets) | 72.5% | 75.2% | 73.7% | |
| Current ratio | 0.31x | 0.33x | 0.34x | |
| Interest cover | 0.40x | 0.58x | 0.76x |
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
- HORIBA MIRA LIMITED 2015-07-15 → present
- HRA INTERNATIONAL LIMITED 2015-06-05 → 2015-07-15
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Consolidated group
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors performed a review of the business and have prepared updated cash flow forecasts for the period to December 2027 which show sufficient headroom against current bank and group facilities all underwritten by Horiba Limited, the parent company.”
Group structure
- HORIBA MIRA LIMITED · parent
- HORIBA MIRA Certification Limited 100%
- Mira Technology Park Limited 100%
- Horiba Mira Spain SL 100%
- Mira Technology Park Services Limited 100%
Significant events
- “On 1 February 2025 80% of the shareholding in IDV Robotics Limited was sold to Iveco Defence Vehicles S.P.A with Horiba Mira retaining a 20% equity interest.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NATHAN, Timothy Paul | Secretary | 2015-08-01 | — | — |
| ALLEN, Declan Joseph | Director | 2015-07-14 | Sep 1966 | British |
| GILLESPIE, George Thompson, Dr | Director | 2015-07-14 | Jun 1963 | British |
| HOPKINS, Roisin | Director | 2023-04-01 | Apr 1970 | British |
| MIYAJI, Hiroyuki | Director | 2022-04-01 | Apr 1986 | Japanese |
| NATHAN, Timothy Paul | Director | 2015-07-14 | Jun 1969 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CROCKART, Miller Deane, Mr. | Director | 2018-09-25 | 2019-08-31 |
| DAVIS, Geoffrey Maxwell | Director | 2015-07-14 | 2023-12-31 |
| DRAKE, Richard Charles | Director | 2015-06-05 | 2019-06-30 |
| FUKUSHIMA, Takeshi | Director | 2018-04-01 | 2022-04-01 |
| KAWAMURA, Hiroshi | Director | 2015-07-14 | 2018-04-01 |
| KOYAMA, Koji | Director | 2025-04-01 | 2025-11-27 |
| LAMPERT, Heiko | Director | 2015-07-14 | 2018-04-01 |
| LAUXMANN, Ralph | Director | 2023-04-01 | 2023-10-31 |
| NAGANO, Takashi | Director | 2015-07-14 | 2025-04-01 |
| NAKANISHI, Hideki | Director | 2024-04-01 | 2025-11-27 |
| OKAWA, Masao | Director | 2018-04-01 | 2023-04-01 |
| SAITO, Juichi | Director | 2015-07-14 | 2024-04-01 |
| STEWART, Robert Graeme | Director | 2019-01-02 | 2026-06-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Horiba, Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 63 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-08 | AA | accounts | Accounts with accounts type group | |
| 2026-06-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-06-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type group | |
| 2025-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-06 | AA | accounts | Accounts with accounts type group | |
| 2024-06-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-10 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-05 | AA | accounts | Accounts with accounts type group | |
| 2023-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-03 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 3
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.