Skip to content
CompanySight
Company No. 11627318 · Incorporated 17 Oct 2018

Minth Automotive (UK) Company Limited

Registered name: MINTH AUTOMOTIVE (UK) COMPANY LIMITED

Part of Minth Group Limited group

Minth Automotive (UK) Company Limited made £18m revenue and £1.9m profit in the year to 31 Dec 2024. read from filing text

Minth Automotive (UK) Company Limited’s revenue fell 17% to £18m in the year to 31 Dec 2024, with £1.9m profit and 65 employees. The company is classified under “manufacture of electrical and electronic equipment for motor vehicles and their engines” and is based in Sunderland; we hold 3 years of its filed accounts.

Status
Active
Location
Sunderland, North East
Age
8 yrs · since 2018
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: “The ultimate parent undertaking is Minth Group Limited, incorporated in the Cayman Islands. The registered office is Cricket Square, Hutchins Drive, Grand Cayman, Cayman Islands, KY1-1111.”

Latest accounts · year to 31 Dec 2024

Key figures

Cash flow filed
Revenue
£18m
Growth ▼17%
Profit
£1.9m
Growth ▼22.2%
Profit margin
10.3%
Gross 19.3%
Employees
65
Change ▲6.6%
Profit / employee
£28.5k
Revenue/employee £276k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£17.6m£21.6m£18m
Cost of sales£13.6m£16.8m£14.5m
Gross profit£4m£4.9m£3.5m
Operating profit£2.3m£3.4m£2m
Profit before tax£2.1m£3.1m£2m
Profit after tax£1.9m£2.4m£1.9m
Profit (best available)£1.9m£2.4m£1.9m
Staff costs£2.3m£2.4m£2.4m
Employees (average)596165
Ratios
Profit margin10.5%11%10.3%
Gross margin22.9%22.6%19.3%
Revenue per employee£299k£355k£276k
Profit per employee£31.5k£39k£28.5k
Cash conversion−161.3%−155.2%−78.3%
Growth (year on year)
Revenue growth—▲22.6%▼17%
Profit growth—▲28.2%▼22.2%
Headcount growth—▲3.4%▲6.6%
Balance sheet — indirect signals, not revenue
Cash at bank£3.3m£1.8m£3.2m
Net assets−£141k£2.2m£4.1m
Fixed assets£6.9m£6.3m£5.8m
Current assets£6.6m£5.3m£5.7m
Debtors£1.7m£1.9m£1m
Deferred income£134k£943k£198k
Cash from operations−£3.8m−£5.3m−£1.6m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
10.3%
Profit ÷ revenue.
Gross margin
19.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£276k
Revenue ÷ average employees.
Profit per employee
£28.5k
Profit ÷ average employees.
Cash conversion
−78.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
32.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
5.8%
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
▲83%
Now £4.1m
Cash at bank
▲79%
Now £3.2m
Headcount
▲7%
Now 65
Deferred income
▼79%
Now £198k
Fixed assets
▼8%
Now £5.8m

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

  1. Minth Group Limited (registered outside the UK register)ultimate parent75–100%
  2. Minth Automotive (UK) Company 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.9m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

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