MAJESTIC CORPORATION P.L.C.
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-24 (in 9mo)
Last made up 2026-02-10
Watchouts
None on the register
Cash
£1M
USD 1,479,407
+126.6% vs 2023
Net assets
£6M
USD 8,529,814
+11.6% vs 2023
Employees
6
0% vs 2023
Profit before tax
£753K
USD 1,006,661
+1.8% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £21,971,929 | £36,848,857 | |
| Operating profit | £837,965 | £869,781 | |
| Profit before tax | £738,925 | £752,531 | |
| Net profit | £623,987 | £660,214 | |
| Cash | £487,970 | £1,105,933 | |
| Total assets less current liabilities | £5,715,153 | £6,376,478 | |
| Net assets | £5,715,153 | £6,376,478 | |
| Equity | £5,715,153 | £6,376,478 | |
| Average employees | 6 | 6 | |
| Wages | £103,146 | £107,185 | |
| Directors' remuneration | £93,072 | £156,411 |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+67.7%
£21,971,929 £36,848,857
-
Cash
+126.6%
£487,970 £1,105,933
-
Net assets
+11.6%
£5,715,153 £6,376,478
-
Employees
0%
6 6
-
Operating profit
+3.8%
£837,965 £869,781
-
Profit before tax
+1.8%
£738,925 £752,531
-
Wages
+3.9%
£103,146 £107,185
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.8% | 2.4% | |
| Net margin | 2.8% | 1.8% | |
| Return on capital employed | 14.7% | 13.6% | |
| Gearing (liabilities / total assets) | 61.6% | 63.3% | |
| Current ratio | 1.62x | 1.58x | |
| Interest cover | 8.07x | 7.31x |
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
- MAJESTIC CORPORATION P.L.C. 2022-03-08 → present
- MAJESTIC CORPORATION LIMITED 2021-12-10 → 2022-03-08
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- RPG Crouch Chapman LLP
- 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.”
Group structure
- MAJESTIC CORPORATION P.L.C. · parent
- Majestic Corporation Limited 100%
- Majestic Materials Solutions Ltd 100%
- Majestic Materials Corporation 100%
Significant events
- “On 06 May 2025, Majestic Corporation Plc announced a completion the acquisition of the entire issued share capital of Telecycle Europe Limited. The total consideration for the acquisition is up to £2 million. On 02 June 2025, the company announced the successful subscription of 214,002 new ordinary shares of 0.5p each in the Company at 80p per share, raising gross proceeds of £171,200 (the "Subscription").”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WOODWARD, Michael Charles | Secretary | 2022-02-21 | — | — |
| HOWICK, Larry Carter | Director | 2022-02-21 | Dec 1951 | American |
| LAI, Peter Yu Pok | Director | 2022-02-10 | Sep 1972 | Hong Konger |
| LEE, Man Bing | Director | 2022-02-21 | Dec 1973 | British |
| NEOH, Christopher | Director | 2022-02-21 | Jul 1948 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GUERRA, Gianfranco | Director | 2022-02-21 | 2022-11-29 |
| MALE, Andrew Robert, Mr. | Director | 2024-09-05 | 2025-05-30 |
| PAYNE, Brian John | Director | 2021-12-10 | 2022-02-10 |
| PAYNE, Maureen Anne | Director | 2021-12-10 | 2022-02-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Peter Yu Pok Lai | Individual | Shares 50–75%, Voting 50–75% | 2022-02-10 | Active |
| Maureen Anne Payne | Individual | Shares 25–50%, Voting 25–50% | 2021-12-10 | Ceased 2022-02-10 |
| Mr Brian John Payne | Individual | Shares 25–50%, Voting 25–50% | 2021-12-10 | Ceased 2022-02-10 |
Filing timeline
Last 20 of 41 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-03 RESOLUTIONS Resolution
- 2025-04-04 RESOLUTIONS Resolution
- 2022-04-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-03 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-09 | SH01 | capital | Capital allotment shares | |
| 2025-07-07 | AA | accounts | Accounts with made up date | |
| 2025-06-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-20 | AA | accounts | Accounts with accounts type group | |
| 2024-04-09 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-02-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-08 | AA | accounts | Accounts with accounts type group | |
| 2023-02-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-02-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-12-13 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-04 | RESOLUTIONS | resolution | Resolution | |
| 2022-03-24 | CH01 | officers | Change person director company with change date | |
| 2022-03-22 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-03-08 | BS | accounts | Accounts balance sheet | |
| 2022-03-08 | AUDR | auditors | Auditors report |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 1
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.