MULTY UK LTD
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Cash
£1.6m
+138.5% highest in 6 filed years
Net assets
£3.3m
+25.9% highest in 6 filed years
Employees
82
+12.3% highest in 6 filed years
Profit before tax
£904k
-1.6% vs 2024
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £13,297,427 | £13,795,781 | +3.7% | |
| Operating profit | — | — | — | — | £909,652 | £885,758 | -2.6% | |
| Profit before tax | — | — | — | — | £918,953 | £903,941 | -1.6% | |
| Net profit | — | — | -£588,377 | -£117,448 | £849,421 | £675,049 | -20.5% | |
| Cash | £976,898 | £1,384,556 | £831,770 | £205,739 | £668,672 | £1,594,739 | +138.5% | |
| Total assets less current liabilities | £2,626,723 | £2,475,324 | £1,870,377 | £1,752,929 | £2,671,882 | £3,379,923 | +26.5% | |
| Net assets | £2,582,501 | £2,458,754 | £1,870,377 | £1,752,929 | £2,602,350 | £3,277,399 | +25.9% | |
| Equity | £2,582,501 | £2,458,754 | £1,870,377 | £1,752,929 | £2,602,350 | £3,277,399 | +25.9% | |
| Average employees | 51 | 43 | 36 | 49 | 73 | 82 | +12.3% | |
| Wages | — | — | — | — | £2,475,047 | £2,603,295 | +5.2% | |
| Directors' remuneration | — | — | — | — | £100,756 | £109,672 | +8.8% | |
| Directors' pension contributions | — | — | — | — | £2,000 | £2,300 | +15% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 6.8% | 6.4% | |
| Net margin | — | — | — | — | 6.4% | 4.9% | |
| Return on capital employed | — | — | — | — | 34.0% | 26.2% | |
| Gearing (liabilities / total assets) | 28.3% | 25.1% | 35.7% | 47.2% | 40.8% | 40.0% | |
| Current ratio | — | — | — | — | 2.21x | 2.36x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 4 times since incorporation
- MULTY UK LTD 2009-11-26 → present
- MULTY ABRASIVES LIMITED 1992-09-09 → 2009-11-26
- AMERICO - D. S. R. ABRASIVES LIMITED 1989-06-05 → 1992-09-09
- D.S.R. ABRASIVES LIMITED 1987-01-19 → 1989-06-05
- TRONSETTE LIMITED 1986-08-14 → 1987-01-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- TAG Berry Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DICKSON, David John William | Director | 2020-05-27 | Apr 1986 | British |
| SCHULPEN, Karel Hubert Nicolaas | Director | 2007-10-11 | Feb 1968 | Dutch |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GODBER, Alexander William Gordon | Secretary | 2009-12-31 | 2020-07-01 |
| REED, Kendall Mcdougall | Secretary | — | 2009-12-31 |
| GODBER, Alexander William Gordon | Director | 2009-02-01 | 2020-07-01 |
| REED, Daniel Stewart | Director | — | 2009-12-31 |
| REED, Kendall Mcdougall | Director | — | 2009-12-31 |
| RONES, James | Director | — | 1992-07-27 |
| SCHULPEN, Peter Cornelis Gerardus | Director | 1992-07-24 | 2009-12-31 |
| SCHULPEN, Peter C G | Director | — | 1992-07-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Johannus Theodorus Marinus Schulpen | Individual | Significant influence | 2016-04-06 | Active |
| Mr Karel Hubert Nicolaas Schulpen | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 164 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AA | accounts | Accounts with accounts type full | |
| 2026-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-28 | AA | accounts | Accounts with accounts type small | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type small | |
| 2024-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type small | |
| 2023-01-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-23 | AA | accounts | Accounts with accounts type small | |
| 2022-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-06 | AA | accounts | Accounts with accounts type small | |
| 2021-01-14 | AD02 | address | Change sail address company with old address new address | |
| 2021-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-02 | AA | accounts | Accounts with accounts type small | |
| 2020-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2020-07-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2020-05-27 | AP01 | officers | Appoint person director company with name date | |
| 2020-05-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.