T. MET LIMITED
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Cash
£3.9M
+10.8% vs 2023
Net assets
£11M
+2.4% vs 2023
Employees
104
0% vs 2023
Profit before tax
£536K
-33% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £40,711,360 | £38,560,829 | -5.3% | |
| Operating profit | £819,598 | £565,595 | -31% | |
| Profit before tax | £800,228 | £536,196 | -33% | |
| Net profit | £763,519 | £561,286 | -26.5% | |
| Cash | £3,491,820 | £3,867,739 | +10.8% | |
| Total assets less current liabilities | £11,589,724 | £12,308,771 | +6.2% | |
| Net assets | £11,111,996 | £11,373,282 | +2.4% | |
| Equity | £11,111,996 | £11,373,282 | +2.4% | |
| Average employees | 104 | 104 | 0% | |
| Wages | £3,489,081 | £3,551,936 | +1.8% | |
| Directors' remuneration | £243,911 | £236,853 | -2.9% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.0% | 1.5% | |
| Net margin | 1.9% | 1.5% | |
| Return on capital employed | 7.1% | 4.6% | |
| Current ratio | 2.66x | 2.56x | |
| Interest cover | 42.31x | 19.24x |
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
- T. MET LIMITED 1999-12-07 → present
- KINARY LIMITED 1999-08-23 → 1999-12-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- SCC Chartered Accountants Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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 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.”
Significant events
- “There have been no significant post balance sheet events.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VERNON, John | Secretary | 2021-04-01 | — | — |
| O'NEILL, Barry | Director | 2020-01-01 | Apr 1981 | Irish |
| TRAYNOR, Christopher Gerard | Director | 2010-10-01 | Feb 1982 | Irish |
| TRAYNOR, Christopher Oliver | Director | 1999-12-03 | Jul 1959 | Irish |
| VERNON, John | Director | 2020-01-01 | Feb 1991 | Irish |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCCONVILLE, Paul | Secretary | 1999-08-23 | 2010-10-01 |
| QUINN, Thomas | Secretary | 2010-10-01 | 2016-07-15 |
| KANE, Dorothy May | Director | 1999-08-23 | 1999-12-03 |
| KELLY, James Henry | Director | 2007-10-01 | 2012-06-15 |
| MCCONVILLE, Elaine | Director | 2007-10-01 | 2009-10-30 |
| MCCONVILLE, Paul | Director | 2001-03-19 | 2010-10-01 |
| MCNEILL, Eleanor Shirley | Director | 1999-08-23 | 1999-12-03 |
| MONAGHAN, Dennis | Director | 2002-04-19 | 2008-03-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Celmec Ltd | Corporate entity | Shares 75–100% | 2021-12-22 | Active |
| Mr Christopher Oliver Traynor | Individual | Shares 75–100%, Voting 75–100%, Appoints directors (as firm), Significant influence | 2016-04-06 | Ceased 2021-12-22 |
Filing timeline
Last 20 of 135 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-04-14 | CH01 | officers | Change person director company with change date | |
| 2025-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-01-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-30 | AA | accounts | Accounts with accounts type full | |
| 2022-01-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-01-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-01-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-09-15 | AA | accounts | Accounts with accounts type full | |
| 2021-08-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-13 | AP03 | officers | Appoint person secretary company with name date | |
| 2020-10-02 | AA | accounts | Accounts with accounts type full | |
| 2020-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2020-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2019-10-01 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.