M.T.H. Fabrications LtdDissolved
Registered name: M.T.H. FABRICATIONS LTD
M.T.H. Fabrications Ltd made £1.6m revenue and £106k profit in the year to 31 Mar 2024.
M.T.H. Fabrications Ltd’s revenue fell 12% to £1.6m in the year to 31 Mar 2024, with £106k profit and 6 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £1.4m | £1.8m | £1.6m |
| Cost of sales | £1.3m | £1.5m | £1.2m |
| Gross profit | £101k | £266k | £328k |
| Operating profit | £7k | £152k | £143k |
| Profit before tax | £7k | £127k | £143k |
| Profit after tax | £7k | £106k | £106k |
| Profit (best available) | £7k | £106k | £106k |
| Employees (average) | 6 | 5 | 6 |
| Ratios | |||
| Profit margin | 0.5% | 5.9% | 6.8% |
| Gross margin | 7.1% | 14.8% | 20.8% |
| Revenue per employee | £238k | £360k | £263k |
| Profit per employee | £1.2k | £21.3k | £17.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▲25.9% | ▼12.3% |
| Profit growth | — | ▲1416% | ▲0% |
| Headcount growth | — | ▼16.7% | ▲20% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £11.4k | £31.9k | £153k |
| Net assets | £7.1k | £83.5k | £118k |
| Fixed assets | £32k | £24k | £16k |
| Current assets | £115k | £200k | £306k |
| Debtors | £62k | £153k | £153k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Jun 2024 |
How the business works
- Profit margin
- 6.8%
- Profit ÷ revenue.
- Gross margin
- 20.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £263k
- Revenue ÷ average employees.
- Profit per employee
- £17.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.7%
- 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
- ▲41%
- Now £118k
- Cash at bank
- ▲380%
- Now £153k
- Headcount
- ▲20%
- Now 6
- Deferred income
- —
- Now —
- Fixed assets
- ▼33%
- Now £16k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £106k), from the Companies House accounts bulk data published Jun 2024. 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.