Met T&S Limited
Registered name: MET T&S LIMITED
Part of Maire S.P.A. groupMet T&S Limited made £44.9m revenue and £1.2m profit in the year to 31 Dec 2025.
Met T&S Limited’s revenue grew 54% to £44.9m in the year to 31 Dec 2025, with £1.2m profit and 31 employees. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 12 yrs · since 2014
- 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: “Met Development Spa”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £31.7m | £29.2m | £44.9m |
| Cost of sales | £28.1m | £23.6m | £37.3m |
| Gross profit | £3.6m | £5.6m | £7.6m |
| Operating profit | £1.3m | £2.4m | £2.1m |
| Profit after tax | £672k | £1.4m | £1.2m |
| Profit (best available) | £672k | £1.4m | £1.2m |
| Staff costs | £11.2m | £9.3m | £3.5m |
| Employees (average) | 28 | 26 | 31 |
| Ratios | |||
| Profit margin | 2.1% | 4.7% | 2.6% |
| Gross margin | 11.3% | 19.1% | 17% |
| Revenue per employee | £1.1m | £1.1m | £1.4m |
| Profit per employee | £24k | £52.6k | £37.6k |
| Cash conversion | 507.9% | 129.2% | 258% |
| Growth (year on year) | |||
| Revenue growth | — | ▼7.8% | ▲53.7% |
| Profit growth | — | ▲103.6% | ▼14.7% |
| Headcount growth | — | ▼7.1% | ▲19.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.6m | £1.4m | £3.2m |
| Net assets | £559k | £428k | £1.6m |
| Current assets | £22.1m | £22.8m | £39.4m |
| Debtors | £803k | £1.8m | £1m |
| Deferred income | £4.9m | £5.4m | £19.8m |
| Cash from operations | £6.4m | £3.1m | £5.3m |
| Source | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 17%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.4m
- Revenue ÷ average employees.
- Profit per employee
- £37.6k
- Profit ÷ average employees.
- Cash conversion
- 258%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 44.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.3%
- Money owed by customers. Low = customers pay quickly.
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
- ▲273%
- Now £1.6m
- Cash at bank
- ▲127%
- Now £3.2m
- Headcount
- ▲19%
- Now 31
- Deferred income
- ▲264%
- Now £19.8m
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Maire S.P.A. (registered outside the UK register)ultimate parent75–100%
- Met T&S Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.2m), from the Companies House accounts bulk data published Sep 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.