MIDEL & MIVOLT FLUIDS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-30
Confirmation statement due
2026-11-24 (in 6mo)
Last made up 2025-11-10
Watchouts
None on the register
Cash
£20M
+92.5% highest in 3 filed years
Net assets
£23M
-8.9% lowest in 3 filed years
Employees
76
+11.8% highest in 3 filed years
Profit before tax
-£6M
Period ending 2024-12-30
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · latest reflected 2024-12-30
| Metric | Trend | 2023-12-30 | 2023-12-31 | 2024-12-30 |
|---|---|---|---|---|
| Turnover | £3,893,147 | — | £89,430,512 | |
| Operating profit | £27,628,872 | — | -£5,642,558 | |
| Profit before tax | £27,629,037 | — | -£5,615,970 | |
| Net profit | £27,448,210 | £25,436,862 | -£4,394,742 | |
| Cash | £11,465,507 | £10,612,858 | £20,427,537 | |
| Total assets less current liabilities | £29,195,358 | £27,146,419 | £50,816,399 | |
| Net assets | £27,485,802 | £25,436,863 | £23,168,379 | |
| Equity | £27,485,802 | £25,436,863 | £23,168,379 | |
| Average employees | 73 | 68 | 76 | |
| Wages | £286,883 | — | £4,724,388 | |
| Directors' remuneration | £0 | — | £0 |
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
FY2023 → FY2024 · period ending 2024-12-30 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
+92.5%
£10,612,858 £20,427,537
highest in 3 filed years
-
Net assets
-8.9%
£25,436,863 £23,168,379
lowest in 3 filed years
-
Employees
+11.8%
68 76
highest in 3 filed years
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 | 2023-12-30 | 2023-12-31 | 2024-12-30 |
|---|---|---|---|---|
| Operating margin | — | — | -6.3% | |
| Net margin | — | — | -4.9% | |
| Return on capital employed | 94.6% | — | -11.1% | |
| Current ratio | 2.30x | — | 3.26x | |
| Interest cover | — | — | -1632.21x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- MIDEL & MIVOLT FLUIDS LIMITED 2024-03-19 → present
- M & I MATERIALS DEVELOPMENT LIMITED 2022-12-22 → 2024-03-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Hurst Accountants Limited
- 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- MIDEL & MIVOLT FLUIDS LIMITED · parent
- M&I Materials Inc 100%
- M&I Materials India Private Limited 100%
- MI Materials South Africa (Pty) Limited 100%
Significant events
- “On the 1st of April 2025, MIDEL & MIVOLT Limited's assets and trade were integrated into Shell U.K. Limited. Staff were then fully migrated into Shell U.K. on the 1st of June 2025. This change has no impact on the financial position or performance of the company as presented in these financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PECTEN SECRETARIES LIMITED | Corporate Secretary | 2023-12-31 | — | — |
| NI BHRIAIN, Aisling Fionnuala | Director | 2024-09-03 | Oct 1973 | Irish |
| YILMAZ-CETIN, Derya | Director | 2024-05-31 | Apr 1979 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AKIK, Aysun | Director | 2023-12-31 | 2024-09-16 |
| DARLING, Lindsey Clare | Director | 2024-09-03 | 2025-11-27 |
| DIBUA, Egbeazien Cornelia | Director | 2023-12-31 | 2024-05-31 |
| KOHLI, Parminder | Director | 2024-02-12 | 2024-09-16 |
| ROSS, Peter Helmut | Director | 2023-12-31 | 2024-09-16 |
| SALT, Colin John | Director | 2022-12-22 | 2023-12-31 |
| SALT, Giles John | Director | 2022-12-22 | 2023-12-31 |
| SALT-MELIS, Ellen Christina Maria | Director | 2023-09-05 | 2023-12-31 |
| TEN HAVE, Marie Antoinette | Director | 2023-12-31 | 2024-09-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dielectric Fluids Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-12-12 | Active |
| M & I Materials Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-12-22 | Ceased 2023-12-12 |
Filing timeline
Last 20 of 34 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-03-22 MA Memorandum articles
- 2024-03-22 RESOLUTIONS Resolution
- 2024-03-19 CERTNM Certificate change of name company
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-30 | AA | accounts | Accounts with accounts type group | |
| 2025-11-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-22 | CH01 | officers | Change person director company with change date | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-31 | AA | accounts | Accounts with accounts type group | |
| 2024-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-03-22 | MA | incorporation | Memorandum articles | |
| 2024-03-22 | RESOLUTIONS | resolution | Resolution | |
| 2024-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-19 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-03-06 | AP04 | officers | Appoint corporate secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- 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.