A&B ENGINEERING MEP LIMITED
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Next accounts due
2026-11-30 (in 6mo)
Last filed for 2025-02-28
Confirmation statement due
2026-11-14 (in 6mo)
Last made up 2025-10-31
Watchouts
None on the register
Cash
£988K
-66.5% vs 2024
Net assets
£7M
+23.4% vs 2024
Employees
79
+9.7% vs 2024
Profit before tax
£3M
+7.1% vs 2024
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2025-02-28
| Metric | Trend | 2023-02-28 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|---|
| Turnover | — | £50,179,441 | £59,860,357 | |
| Operating profit | — | £2,542,953 | £2,774,655 | |
| Profit before tax | — | £2,554,610 | £2,737,065 | |
| Net profit | — | £1,706,980 | £1,801,621 | |
| Cash | — | £2,946,632 | £987,524 | |
| Total assets less current liabilities | — | £9,496,738 | £11,474,543 | |
| Net assets | — | £5,636,150 | £6,957,052 | |
| Equity | £1 | £5,636,150 | £6,957,052 | |
| Average employees | — | 72 | 79 | |
| Wages | — | £3,346,906 | £3,860,954 | |
| Directors' remuneration | — | £597,517 | £545,216 |
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 2025-02-28 vs 2024-02-29
-
Turnover
+19.3%
£50,179,441 £59,860,357
-
Cash
-66.5%
£2,946,632 £987,524
-
Net assets
+23.4%
£5,636,150 £6,957,052
-
Employees
+9.7%
72 79
-
Operating profit
+9.1%
£2,542,953 £2,774,655
-
Profit before tax
+7.1%
£2,554,610 £2,737,065
-
Wages
+15.4%
£3,346,906 £3,860,954
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 | 2023-02-28 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|---|
| Operating margin | — | 5.1% | 4.6% | |
| Net margin | — | 3.4% | 3.0% | |
| Return on capital employed | — | 26.8% | 24.2% | |
| Gearing (liabilities / total assets) | — | 77.7% | 73.9% | |
| Current ratio | — | 1.03x | 1.22x | |
| Interest cover | — | 220.30x | 51.17x |
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
- Fairhurst Audit Services Ltd
- 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
- A&B ENGINEERING MEP LIMITED · parent
- A&B Engineering (Mechanical Services Division) Ltd 100%
Significant events
- “The Year to February 2025 was another successful year for the group, in terms of safe and quality delivery of many schemes and financially, we achieved our expectations in terms of turnover and profits.”
- “The Building Safety Act has delayed many Construction schemes across the country and we have been affected by projects not starting when they were planned to. This will have an impact on our turnover and profits for Year End 2026, although with these same projects still going ahead, albeit it later, we expect our Year End 2027 Accounts to be our best ever.”
- “We have opened a new Office in Leeds in this Financial Year, and we will expect recruitment to continue marginally in the next couple of years, not least in Yorkshire regions as we expand our operations to serve current and new customers in this region.”
- “We have appointed a Sustainability and Environmental Manager to join our team.”
- “We have rolled out a Salary Sacrifice Scheme where we encourage a great number of our staff to have electric cars”
- “We are also changing our office gas boiler to an air source heat pump, and we are moving forward with a plan for extensive Photovoltaic (PV) installation across our roof.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUXTON, Ian David | Director | 2023-03-31 | Aug 1982 | British |
| GASKILL, James Paul | Director | 2023-03-31 | Nov 1979 | British |
| GODFREY, Philip | Director | 2023-03-31 | Mar 1983 | British |
| HART, Michael | Director | 2022-11-01 | Mar 1964 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Michael Hart | Individual | Shares 50–75%, Voting 50–75% | 2022-11-01 | Active |
Filing timeline
Last 20 of 22 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-04-17 RESOLUTIONS Resolution
- 2023-04-17 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-27 | AA | accounts | Accounts with accounts type group | |
| 2025-11-10 | SH06 | capital | Capital cancellation shares | |
| 2025-11-10 | SH03 | capital | Capital return purchase own shares | |
| 2025-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-29 | AA | accounts | Accounts with accounts type group | |
| 2024-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-21 | AA | accounts | Accounts with accounts type dormant | |
| 2023-12-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-31 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-06-12 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2023-04-17 | RESOLUTIONS | resolution | Resolution | |
| 2023-04-17 | MA | incorporation | Memorandum articles | |
| 2023-04-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-11 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-04-04 | SH01 | capital | Capital allotment shares | |
| 2023-04-04 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 2
- 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.