MULLER PRECISION LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-04-08 (in 11mo)
Last made up 2026-03-25
Watchouts
Cash
£125K
+205.1% vs 2024
Net assets
£564K
-19.3% vs 2024
Employees
67
-13% vs 2024
Profit before tax
-£333K
-491.2% vs 2024
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
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-12-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £11,069,767 | £9,827,809 | |
| Operating profit | — | — | £25,502 | -£50,439 | |
| Profit before tax | — | — | £85,085 | -£332,852 | |
| Net profit | — | — | £5,049 | -£328,961 | |
| Cash | — | — | £40,934 | £124,878 | |
| Total assets less current liabilities | — | — | £6,109,561 | £5,289,626 | |
| Net assets | — | — | £698,416 | £563,705 | |
| Equity | £362,614 | £327,389 | £698,416 | £563,705 | |
| Average employees | — | — | 77 | 67 | |
| Wages | — | — | £2,035,916 | £2,263,554 | |
| Directors' remuneration | — | — | £293,753 | £347,501 |
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 2025-03-31 vs 2024-03-31
-
Turnover
-11.2%
£11,069,767 £9,827,809
-
Cash
+205.1%
£40,934 £124,878
-
Net assets
-19.3%
£698,416 £563,705
-
Employees
-13%
77 67
-
Operating profit
-297.8%
£25,502 -£50,439
-
Profit before tax
-491.2%
£85,085 -£332,852
-
Wages
+11.2%
£2,035,916 £2,263,554
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 | 2021-12-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 0.2% | -0.5% | |
| Net margin | — | — | 0.0% | -3.3% | |
| Return on capital employed | — | — | 0.4% | -1.0% | |
| Gearing (liabilities / total assets) | — | — | 93.3% | 92.6% | |
| Current ratio | — | — | 1.12x | 1.95x | |
| Interest cover | — | — | 0.08x | -0.13x |
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
- Consolidated group
- Auditor
- Mortimer Childe Services Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have completed a detailed forecast to 31 December 2026 and based on the current order book and sales expectations, have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- MULLER PRECISION LIMITED · parent
- Muller Holdings Limited 100%
- Muller England Limited 100%
- Muller Redditch Limited 100%
- Muller Birmingham Limited 100%
- Muller Cleobury Mortimer Limited 100%
- Muller & Company (England) Limited 100%
- Muller South Wales Limited 100%
Significant events
- “The Directors decision to restructure the operations in 2021 has been finalised in 2024. The sale of the factory site at Cleobury Mortimer was finalised in June 2024 and the proceeds received from this have enabled the Group to pay off the CIBIL loans, reducing the interest burden on the wider group and improve the liquidity and cashflow position.”
- “The joint venture with Muller India has been disposed of in the year and the proceeds from this have enabled the business to further reduce its debt base and continue to improve its focus and performance going forward.”
- “The Directors have planned to further streamline the business in the coming year and bolster the cashflow for the business by disposing of plant and machinery which is no longer contributing to the turnover generation, and this is expected to generate significant cash inflow.”
- “The pension liability was decreased by an actuarial gain of £194,250 (net of deferred tax asset increase), whereas in 2024 there was a loss of £265,500.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CUNNINGHAM, Adam Hugh | Director | 2017-07-21 | Jul 1964 | British |
| JACKSON, Ellen Rebecca | Director | 2020-06-25 | Jul 1968 | British |
| LOCK, Stephen | Director | 2017-10-26 | Aug 1962 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BETHELL, Paul Richard | Director | 2017-07-21 | 2025-01-22 |
| FARR, Graham Kenneth | Director | 2017-10-26 | 2022-12-31 |
| MALIK, Kuber | Director | 2022-11-23 | 2025-03-19 |
| MALIK, Pankaj | Director | 2022-02-03 | 2025-03-26 |
| WALKER, Christopher | Director | 2017-10-26 | 2025-03-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Muller Aes Uk Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2025-03-19 | Active |
| Preci Turn Pvt Limited | Corporate entity | Shares 50–75% | 2021-10-16 | Ceased 2025-03-19 |
| Mr Paul Richard Bethell | Individual | Shares 50–75%, Voting 50–75% | 2017-10-26 | Ceased 2021-10-16 |
| Mr Adam Hugh Cunningham | Individual | Shares 25–50%, Voting 25–50% | 2017-07-21 | Ceased 2021-10-16 |
Filing timeline
Last 20 of 43 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-22 | AA | accounts | Accounts with accounts type group | |
| 2025-11-17 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-28 | AA | accounts | Accounts with accounts type group | |
| 2024-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-08 | AA | accounts | Accounts with accounts type group | |
| 2023-07-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-01 | AA01 | accounts | Change account reference date company current extended | |
| 2022-11-23 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-11 | AA | accounts | Accounts with accounts type group | |
| 2022-07-08 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.