How much does MTL Advanced Ltd make?

MTL Advanced Ltd reported revenue of £66.5m and £3.8m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does MTL Advanced Ltd have?

MTL Advanced Ltd reported an average of 419 employees in the year to 31 Dec 2025.

Is MTL Advanced Ltd profitable?

Yes — MTL Advanced Ltd reported a profit of £3.8m in the year to 31 Dec 2025.

Company No. 07712250 · Incorporated 20 Jul 2011

MTL Advanced Ltd

Registered name: MTL ADVANCED LTD

Part of Wec Group Holdings Ltd group

MTL Advanced Ltd made £66.5m revenue and £3.8m profit in the year to 31 Dec 2025. read from filing text

MTL Advanced Ltd’s revenue grew 31% to £66.5m in the year to 31 Dec 2025, with £3.8m profit and 419 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Darwen; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25110Manufacture of metal structures and parts of structures

Status: Active
Location: Darwen, North West
Age: 15 yrs · since 2011
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “WEC Group Holdings Limited, a company registered in the UK, is the parent company and is the smallest group into which the company is consolidated. The immediate parent company to WEC Group Holdings L”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£66.5m

Growth ▲30.9%

Profit

£3.8m

Growth ▼6.7%

Profit margin

5.8%

Gross 20.1%

Employees

419

Change ▲37.4%

Profit / employee

£9.2k

Revenue/employee £159k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£46m	£48.1m	£50.8m	£66.5m
Cost of sales	£34.9m	£37.1m	£38.2m	£53.1m
Gross profit	£11.2m	£11.1m	£12.7m	£13.4m
Operating profit	£4.7m	£4.7m	£5.6m	£5.4m
Profit before tax	£4.6m	£4.6m	£5.5m	£5.1m
Profit after tax	£3.8m	£3.5m	£4.1m	£3.8m
Profit (best available)	£3.8m	£3.5m	£4.1m	£3.8m
Staff costs	£11m	£12.4m	£13.6m	£18.8m
Employees (average)	280	295	305	419
Ratios
Profit margin	8.2%	7.3%	8.1%	5.8%
Gross margin	24.3%	23%	24.9%	20.1%
Revenue per employee	£164k	£163k	£167k	£159k
Profit per employee	£13.4k	£11.9k	£13.5k	£9.2k
Growth (year on year)
Revenue growth	—	▲4.5%	▲5.6%	▲30.9%
Profit growth	—	▼6.4%	▲17%	▼6.7%
Headcount growth	—	▲5.4%	▲3.4%	▲37.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.6m	£2m	£732k	£2.8m
Net assets	£11.4m	£11.9m	£12.5m	£13.1m
Fixed assets	£2.4m	£4.3m	£9.8m	£12.2m
Current assets	£22.6m	£24m	£26.2m	£31.6m
Debtors	£10.3m	£11m	£11.1m	£14.9m
Deferred income	£3.6m	£4.5m	£4.4m	£3.4m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 5.8%; Profit ÷ revenue.
Gross margin: 20.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £159k; Revenue ÷ average employees.
Profit per employee: £9.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 18.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.5%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲5%; Now £13.1m
Cash at bank: ▲285%; Now £2.8m
Headcount: ▲37%; Now 419
Deferred income: ▼23%; Now £3.4m
Fixed assets: ▲24%; Now £12.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Wec Group Holdings Ltdultimate parent75–100%
MTL Advanced Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (11)

Wec Group LimitedRev. £52.2m · Profit £5.3m
5750 Components LimitedRev. £14.9m · Profit £959k
Dna Metalwork LtdFigures not disclosed
Hta Group LimitedFigures not disclosed
Laser Engineering (UK) LtdFigures not disclosed
Laser Profiles LimitedFigures not disclosed
M-Tec Architectural Metalwork LimitedFigures not disclosed
Sherburn Metalwork LtdFigures not disclosed
Wec Machining LtdFigures not disclosed
Wecjet LtdFigures not disclosed
Welding Engineering LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3.8m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.