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Cash

£4.1m

+27.3% vs 2024

Net assets

£22m

+7.4% highest in 6 filed years

Employees

115

+2.7% vs 2024

Profit before tax

£2.8m

+23.9% vs 2024

Accounts

6-year trend · Δ = latest vs prior filed period · latest reflected 2025-10-31

Metric Trend 2020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31 Δ vs prior
Turnover £15,664,525£18,140,938£20,779,760£22,158,731£20,230,178£21,878,406 +8.1%
Operating profit £2,411,383£1,941,526£2,810,415£4,468,931£2,797,655£3,439,334 +22.9%
Profit before tax £2,086,100£1,688,925£2,523,866£4,099,977£2,299,027£2,847,643 +23.9%
Net profit £1,578,613£996,560£2,035,715£3,122,411£1,697,575£2,142,643 +26.2%
Cash £5,720,103£4,730,448£2,531,701£5,774,132£3,231,739£4,113,928 +27.3%
Total assets less current liabilities £23,393,904£23,246,132£25,835,211£28,926,531£31,173,243£34,788,246 +11.6%
Net assets £15,004,314£15,350,874£16,736,589£19,209,000£20,256,575£21,749,218 +7.4%
Equity £15,004,314£15,350,874£16,736,589£19,209,000£20,256,575£21,749,218 +7.4%
Average employees 131111109106112115 +2.7%
Wages £4,094,174£3,671,716£3,899,991£4,040,322£4,618,643£4,984,879 +7.9%
Directors' remuneration £396,630£385,245£384,930£406,502£375,302£246,000 -34.5%

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 2020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Operating margin 15.4%10.7%13.5%20.2%13.8%15.7%
Net margin 10.1%5.5%9.8%14.1%8.4%9.8%
Return on capital employed 10.3%8.4%10.9%15.4%9.0%9.9%
Gearing (liabilities / total assets) 47.6%49.8%
Current ratio 1.64x1.20x1.25x
Interest cover 6.99x7.24x9.24x9.20x4.39x4.27x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Walter Wright
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

  1. MERVYN LAMBERT PLANT LIMITED · parent
    1. Intelligent Traffic Systems Ltd 40% · England and Wales
    2. TMO Traffic Highways Ltd 20% · England and Wales
    3. TMO Enterprise Holdings Ltd 20% · England and Wales

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 8 resigned

Name Role Appointed Born Nationality
LAMBERT, Mervyn Director Mar 1948 British
THOMPSON, Matthew Rodney Director 2022-12-16 Dec 1988 British
WEST, Peter John Director 2014-11-28 Jan 1979 British
Show 8 resigned officers
Name Role Appointed Resigned
LAMBERT, Jennifer Dawn Secretary 1995-12-15
SHEPHERD, Kevin Secretary 1995-12-15 2022-03-31
ATKINS, Hayley Marion Director 2008-10-31 2013-08-31
EDMUNDS, Richard John Director 2008-10-31 2022-03-25
LAMBERT, James Mervyn Director 2006-10-27 2024-03-28
LAMBERT, Jennifer Dawn Director 2000-10-02
SHEPHERD, Kevin Director 1998-10-28 2022-03-31
VARLEY, Dennis Norman Director 2012-01-16 2019-09-27

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Mervyn Lambert Individual Shares 75–100%, Voting 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 125 total filings

Date Type Category Description
2026-07-21 AA accounts Accounts with accounts type full PDF
2025-11-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-11-17 CH01 officers Change person director company with change date PDF
2025-07-24 AA accounts Accounts with accounts type full PDF
2025-01-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-18 AA accounts Accounts with accounts type full PDF
2024-03-28 TM01 officers Termination director company with name termination date PDF
2024-01-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-20 AA accounts Accounts with accounts type full PDF
2023-01-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-05 AP01 officers Appoint person director company with name date PDF
2022-07-27 AA accounts Accounts with accounts type full PDF
2022-06-16 TM02 officers Termination secretary company with name termination date PDF
2022-06-16 TM01 officers Termination director company with name termination date PDF
2022-03-28 TM01 officers Termination director company with name termination date PDF
2022-01-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-07-26 AA accounts Accounts with accounts type full PDF
2021-01-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-11-25 AA accounts Accounts with accounts type full PDF
2020-01-07 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page