MTM Spec Ltd
Registered name: MTM SPEC LTD
MTM Spec Ltd made £79.6k revenue and £3k profit in the year to 31 Oct 2025.
MTM Spec Ltd’s revenue was £79.6k in the year to 31 Oct 2025, with £3k profit and 3 employees. The company is classified under “sale of other motor vehicles” and is based in West Bromwich; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- West Bromwich, West Midlands
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Profit only | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £32.1k | £42k | — | £79.6k |
| Profit after tax | £1k | −£620 | £0 | £3k |
| Profit (best available) | £1k | −£620 | £0 | £3k |
| Staff costs | £11.3k | £17.7k | — | £38.6k |
| Employees (average) | — | 2 | 2 | 3 |
| Ratios | ||||
| Profit margin | 3.2% | −1.5% | — | 3.7% |
| Revenue per employee | — | £21k | — | £26.5k |
| Profit per employee | — | −£310 | £0 | £993 |
| Growth (year on year) | ||||
| Revenue growth | — | ▲30.9% | — | — |
| Profit growth | — | ▼161.2% | — | — |
| Headcount growth | — | — | 0% | ▲50% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £1k | −£620 | £4k | −£10.4k |
| Fixed assets | — | — | — | £358 |
| Current assets | £1k | £2.6k | £4k | £55.4k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 3.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £26.5k
- Revenue ÷ average employees.
- Profit per employee
- £993
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼359%
- Now −£10.4k
- Cash at bank
- —
- Now —
- Headcount
- ▲50%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £358
Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £3k), from the Companies House accounts bulk data published Jul 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.