MTM Engineering (UK) Limited
Registered name: MTM ENGINEERING (UK) LIMITED
MTM Engineering (UK) Limited made £8.2m revenue and a £1.2m loss in the year to 31 Dec 2025.
MTM Engineering (UK) Limited’s revenue grew 132% to £8.2m in the year to 31 Dec 2025, with a loss of £1.2m and 36 employees. The company is classified under “electrical installation” and is based in Armagh; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Armagh, Northern Ireland
- Age
- 3 yrs · since 2023
- 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: “MTM Engineering Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 8 May 2023 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £2.3m | £3.5m | £8.2m |
| Cost of sales | — | £1.6m | £3.1m | £6.6m |
| Gross profit | — | £668k | £427k | £1.5m |
| Operating profit | — | £430k | £265k | −£1m |
| Profit before tax | — | £430k | £264k | −£1m |
| Profit after tax | — | £323k | £219k | −£1.2m |
| Profit (best available) | — | £323k | £219k | −£1.2m |
| Staff costs | — | £320k | £1.5m | £4.4m |
| Employees (average) | 0 | 8 | 19 | 36 |
| Ratios | ||||
| Profit margin | — | 14.1% | 6.2% | −14.1% |
| Gross margin | — | 29.2% | 12.2% | 18.8% |
| Revenue per employee | — | £286k | £185k | £227k |
| Profit per employee | — | £40.3k | £11.5k | −£32.1k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲132.1% |
| Profit growth | — | — | — | ▼626.9% |
| Headcount growth | — | — | — | ▲89.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | £16.7k | £25.7k | £274k |
| Net assets | £0 | £323k | £542k | £771k |
| Fixed assets | — | £0 | £2.7m | £2.5m |
| Current assets | — | £1.5m | £1.9m | £1.9m |
| Debtors | — | £1m | £800k | £338k |
| Deferred income | — | £0 | £187k | £0 |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −14.1%
- Profit ÷ revenue.
- Gross margin
- 18.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £227k
- Revenue ÷ average employees.
- Profit per employee
- −£32.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 31%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.1%
- 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
- ▲42%
- Now £771k
- Cash at bank
- ▲967%
- Now £274k
- Headcount
- ▲89%
- Now 36
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- ▼8%
- Now £2.5m
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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.
Updated from Companies House on 16 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.