M & M CONTRACTORS (EUROPE) LTD
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2026-11-18 (in 6mo)
Last made up 2025-11-04
Watchouts
None on the register
Cash
£1M
+18.8% highest in 7 filed years
Net assets
£2M
+18.9% highest in 6 filed years
Employees
27
+22.7% vs 2023
Profit before tax
£451K
-15.6% vs 2023
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-10-31
| Metric | Trend | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2022-11-01 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £15,181,248 | £20,274,554 | |
| Operating profit | — | — | — | — | — | £583,411 | £783,236 | |
| Profit before tax | — | — | — | — | — | £534,207 | £451,083 | |
| Net profit | — | — | — | — | — | £389,537 | £374,446 | |
| Cash | £275,021 | £444,858 | £1,117,787 | £1,107,550 | £1,107,550 | £1,257,577 | £1,493,398 | |
| Total assets less current liabilities | £1,253,587 | £1,239,059 | £1,443,978 | £1,320,946 | — | £2,352,761 | £2,698,248 | |
| Net assets | £1,237,399 | £1,225,998 | £1,171,126 | £1,320,946 | — | £1,618,859 | £1,924,905 | |
| Equity | £1,237,399 | £1,225,998 | £1,171,126 | £1,320,946 | £1,320,946 | £1,618,859 | £1,924,905 | |
| Average employees | 19 | 19 | 18 | 27 | — | 22 | 27 | |
| Wages | — | — | — | — | — | £1,177,942 | £1,489,818 | |
| Directors' remuneration | — | — | — | — | — | £16,406 | £20,006 |
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 2024-10-31 vs 2023-10-31
-
Turnover
+33.5%
£15,181,248 £20,274,554
-
Cash
+18.8%
£1,257,577 £1,493,398
highest in 7 filed years
-
Net assets
+18.9%
£1,618,859 £1,924,905
highest in 6 filed years
-
Employees
+22.7%
22 27
-
Operating profit
+34.3%
£583,411 £783,236
-
Profit before tax
-15.6%
£534,207 £451,083
-
Wages
+26.5%
£1,177,942 £1,489,818
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 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2022-11-01 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 3.8% | 3.9% | |
| Net margin | — | — | — | — | — | 2.6% | 1.8% | |
| Return on capital employed | — | — | — | — | — | 24.8% | 29.0% | |
| Current ratio | — | — | — | — | — | 1.40x | 1.37x | |
| Interest cover | — | — | — | — | — | 11.86x | 24.36x |
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
- AAB Group 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 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
- “During the reporting period, the company focused on utilities infrastructure and electric vehicle (EV) infrastructure development. The company recognised the EV infrastructure sector as an emerging market in the UK and Ireland, positioning itself as a leader in delivering EV infrastructure projects. This recognition is underscored by several accolades, including the prestigious title of EV Contractor of the Year. This success has not only introduced a new revenue stream but has also significantly contributed to the overall revenue growth for the year. Throughout the year, the company enhanced its internal management structure by promoting key senior staff to the Board of Directors and establishing a new Senior Leadership Team. Additionally, a comprehensive schedule of management and leadership training was implemented, preparing the organisation for future challenges and opportunities.”
- “The Directors and Board are pleased with the company's performance over the past year. They believe that the recent management changes will effectively support the company's growth objectives. With a robust project pipeline for the upcoming year, the Board is optimistic about building on the successes achieved to date.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LOYE, Gareth | Director | 2012-09-10 | May 1980 | Irish |
| LOYE, Noel | Director | 2012-09-10 | Dec 1951 | Irish |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Gareth Loye | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Active |
| Mr Noel Loye | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 38 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-17 | AA | accounts | Accounts with accounts type full | |
| 2025-12-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-13 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-11-13 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-10-31 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-31 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-11-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-11-29 | AAMD | accounts | Accounts amended with accounts type total exemption full | |
| 2021-08-17 | AAMD | accounts | Accounts amended with accounts type total exemption full | |
| 2021-07-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-05-25 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2020-11-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-10-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.