MAFX UK LIMITED
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Cash
£447k
+377.8% highest in 3 filed years
Net assets
£3m
+241.9% highest in 3 filed years
Employees
22
+57.1% highest in 4 filed years
Profit before tax
£6.2m
+569.7% 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 · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-02-23 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | — | £15,182,304 | £26,233,631 | +72.8% | |
| Operating profit | — | — | -£686,196 | £7,163,654 | +1,144% | |
| Profit before tax | — | — | -£1,322,196 | £6,210,871 | +569.7% | |
| Net profit | — | — | -£1,322,196 | £5,182,766 | +492% | |
| Cash | — | £9,013 | £93,506 | £446,770 | +377.8% | |
| Total assets less current liabilities | — | -£820,418 | -£2,142,614 | £3,047,093 | +242.2% | |
| Net assets | — | -£820,418 | -£2,142,614 | £3,040,152 | +241.9% | |
| Equity | — | -£820,418 | -£2,142,614 | £3,040,152 | +241.9% | |
| Average employees | 0 | 6 | 14 | 22 | +57.1% | |
| Wages | — | £386,609 | £1,246,024 | £1,476,861 | +18.5% | |
| Directors' remuneration | — | — | — | — | — |
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 | 2023-02-23 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | -4.5% | 27.3% | |
| Net margin | — | — | -8.7% | 19.8% | |
| Return on capital employed | — | — | — | 235.1% | |
| Gearing (liabilities / total assets) | — | — | 118.9% | 79.4% | |
| Current ratio | — | — | 0.53x | 1.26x | |
| Interest cover | — | — | -1.08x | 7.52x |
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
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe there is adequate liquidity for the Company to continue and do not foresee any significant risk associated with the Company continuing as a going concern. Based on this deed of support and the analysis performed, the directors are satisfied that the Group remains a going concern.”
Significant events
- “On 29 July 2025, the directors of entities within the Metrea LLC Group entered into an agreement regarding the settlement of certain intercompany balances due by and owed to MAFX UK Limited, with effective settlement date on 25 September 2025.”
- “On 24 September 2025, MAFX UK Limited entered into a Sale and Purchase Agreement with MAFX UK Holdings Limited for the sale of an aircraft. The total consideration for the transaction was $8,910,000, settled through intercompany funding.”
- “On 30 September 2025, MAFX UK Holdings Limited entered into a Share Purchase Agreement with Metrea Aerial Effects Holdings Limited for the sale of its entire shareholding in MAFX UK Limited.”
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 |
|---|---|---|---|---|
| FARQUHAR, Bruce William | Director | 2023-02-24 | Oct 1974 | British |
| KEMP, Steve | Director | 2023-02-24 | Jan 1984 | British |
| KILLMAN, Brian Walter | Director | 2023-02-24 | Oct 1967 | British |
| TRUSCELLO, Carmelo | Director | 2023-02-24 | Aug 1985 | Italian |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Metrea Aerial Effects Holdings Limited | Corporate entity | Shares 75–100% | 2025-09-30 | Active |
| Mafx Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-02-24 | Ceased 2025-09-30 |
Filing timeline
Last 18 of 18 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-21 | AA | accounts | Accounts with accounts type full | |
| 2026-03-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-13 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-03-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-04 | AA | accounts | Accounts with accounts type small | |
| 2025-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-02 | CH01 | officers | Change person director company with change date | |
| 2024-12-23 | AA | accounts | Accounts with accounts type small | |
| 2024-03-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-12 | CH01 | officers | Change person director company with change date | |
| 2024-03-12 | CH01 | officers | Change person director company with change date | |
| 2024-03-12 | CH01 | officers | Change person director company with change date | |
| 2024-03-11 | CH01 | officers | Change person director company with change date | |
| 2024-01-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-12-19 | CH01 | officers | Change person director company with change date | |
| 2023-11-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-07-25 | AA01 | accounts | Change account reference date company current shortened | |
| 2023-02-24 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.