MOTION APPLIED LIMITED
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Cash
£1.5M
+2,033.3% highest in 3 filed years
Net assets
£7.9M
+64.6% vs 2024
Employees
259
-5.8% lowest in 3 filed years
Profit before tax
£5M
+148.4% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £28,144,000 | £22,209,000 | £36,025,000 | +62.2% | |
| Operating profit | -£8,601,000 | -£6,562,000 | £9,505,000 | +244.8% | |
| Profit before tax | -£11,674,000 | -£10,311,000 | £4,986,000 | +148.4% | |
| Net profit | -£8,325,000 | -£7,260,000 | £3,110,000 | +142.8% | |
| Cash | £363,000 | £72,000 | £1,536,000 | +2,033.3% | |
| Total assets less current liabilities | £27,126,000 | £27,879,000 | £46,402,000 | +66.4% | |
| Net assets | £12,074,000 | £4,814,000 | £7,924,000 | +64.6% | |
| Equity | £12,074,000 | £4,814,000 | £7,924,000 | +64.6% | |
| Average employees | 317 | 275 | 259 | -5.8% | |
| Wages | £18,466,000 | £15,091,000 | £17,557,000 | +16.3% | |
| Directors' remuneration | £514,000 | £416,000 | £388,000 | -6.7% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -30.6% | -29.5% | 26.4% | |
| Net margin | -29.6% | -32.7% | 8.6% | |
| Return on capital employed | -31.7% | -23.5% | 20.5% | |
| Gearing (liabilities / total assets) | — | 91.7% | 88.7% | |
| Current ratio | 1.41x | 0.97x | 1.32x | |
| Interest cover | -11.64x | -2.16x | 2.10x |
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 5 times since incorporation — the current trading name was adopted 2025-07-03
- MOTION APPLIED LIMITED 2025-07-03 → present
- MCLAREN APPLIED LIMITED 2020-01-02 → 2025-07-03
- MCLAREN APPLIED TECHNOLOGIES LIMITED 2014-01-02 → 2020-01-02
- MCLAREN ELECTRONIC SYSTEMS LIMITED 2003-11-24 → 2014-01-02
- TAG ELECTRONIC SYSTEMS LIMITED 1988-12-22 → 2003-11-24
- SHOTPART LIMITED 1988-11-29 → 1988-12-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Blick Rothenberg Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements. The directors therefore continue to adopt the going concern basis in preparing their financial statements.”
Group structure
- MOTION APPLIED LIMITED · parent
- Motion Applied Incorporated 100%
- MA Germany GmbH 100%
Significant events
- “The company changed name from McLaren Applied to Motion Applied”
- “Secured major long-term contracts with key customers such as Formula One and NASCAR there has been intense focus on development of next-generation technology that will underpin the business for the next decade or more.”
- “In Motorsport, a new Electronic Control Unit (ECU) family has been developed”
- “The company was successful in a competitive retender of the contract and will continue to supply standard electronics and software to all Formula One competitors until at least the end of the 2030 season”
- “the company repeated this success by renewing the contract to provide NASCAR, the leading American racing series, with new standard hardware for their future race seasons that will start racing in mid-2026.”
- “A new initiative to cement the company's position in Motorsport is the planned move to a new Production Centre, expected to complete in mid-2026.”
- “2025 added significant new contract wins, particularly with Amtrak in the US”
- “our new 800 Volt Silicon Carbide Inverter has been adopted in production vehicles by customers including, amongst others, high-performance specialist car maker Czinger Automotive.”
- “the company securing ISO 27001 certification for information security during the year.”
- “the company retained its ISO 14001 environmental accreditation. In 2025, the company renewed the highest 3 star FIA rating for Environmental Accreditation first secured in 2021.”
- “Subsequent to the year end on 27 April 2026, the company increased its existing asset-based lending facilities limit from £10.9m to £15.8m and extended the repayment period to December 2028.”
- “The revolving loan facility from investors of the company's parent had its repayment successfully extended to December 2030 in August 2025.”
- “During the year, on 4 August 2025, the company issued 1,916 B Ordinary shares of £0.10 each.”
- “On 16 September 2025, Motion Applied Limited signed a lease agreement for a production facility. The associated capital commitment represents the cost of the fit-out which was agreed on 13 April 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROUGH, Robbie | Director | 2021-08-04 | Jul 1986 | British |
| FRY, Nicholas Richard | Director | 2021-10-29 | Jun 1956 | British |
| HANCOCK, Samuel Peter | Director | 2021-08-04 | Jan 1980 | British |
| MAHA, Samir Dilip | Director | 2024-02-08 | Jun 1977 | British |
| MEYOHAS, Marc Joseph | Director | 2021-08-04 | Jun 1971 | French |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ILLMAN, Robert James | Secretary | — | 2004-09-01 |
| MURNANE, Timothy Nicholas | Secretary | 2004-09-01 | 2021-08-04 |
| BOOKER, Mark John | Director | 2000-12-12 | 2014-01-01 |
| BUDDIN, Paul Anthony | Director | 2018-07-25 | 2021-05-04 |
| CARTER, Jason Paul | Director | 2021-08-04 | 2024-02-08 |
| CROSBIE, John Martin | Director | 2005-03-24 | 2014-01-01 |
| DENNIS, Ronald, Sir | Director | — | 2017-07-20 |
| FERRY, Catherine Elizabeth | Director | 2021-05-04 | 2021-08-04 |
| GOLDSTEIN, Daniel Moshe | Director | 2021-08-04 | 2024-12-31 |
| ILLMAN, Robert James | Director | — | 2004-10-31 |
| MULCAHY, John | Director | 1997-09-01 | 1999-08-13 |
| MURRAY, Anthony James | Director | 2019-05-08 | 2021-10-29 |
| MYERS, Andrew William | Director | 2004-10-31 | 2018-02-28 |
| NEALE, Jonathan | Director | 2017-11-23 | 2021-08-04 |
| OJJEH, Mansour Akram | Director | — | 2018-07-26 |
| RHODES, Ian | Director | 2015-05-15 | 2017-11-22 |
| SCHULZ, Dieter Heinz | Director | 1997-05-12 | 2014-01-01 |
| SCHULZ, Dieter Heinz | Director | 1994-02-01 | 1996-08-23 |
| THOMPSON, Andrew Patrick George | Director | 1994-02-01 | 2004-05-17 |
| TILL, Stephen | Director | 1997-09-01 | 1999-09-30 |
| VAN MANEN, Peter, Dr | Director | 1997-09-01 | 2015-04-21 |
| VITOUX, Daniel | Director | 2015-08-17 | 2015-08-21 |
| ZUCKER, Udo | Director | — | 2003-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ma Corporate Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-08-04 | Active |
| Mclaren Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2018-11-30 | Ceased 2021-08-04 |
| Mclaren Services Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2018-11-30 |
Filing timeline
Last 20 of 242 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-03 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-17 | AA | accounts | Accounts with accounts type full | |
| 2026-04-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-09 | SH01 | capital | Capital allotment shares | |
| 2025-07-03 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-06-06 | AA | accounts | Accounts with accounts type full | |
| 2025-04-29 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-16 | AA | accounts | Accounts with accounts type full | |
| 2024-06-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-31 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-02-20 | SH08 | capital | Capital name of class of shares | |
| 2024-02-20 | SH08 | capital | Capital name of class of shares | |
| 2024-02-20 | SH08 | capital | Capital name of class of shares | |
| 2024-02-20 | SH08 | capital | Capital name of class of shares | |
| 2024-02-20 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-02-20 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-02-20 | SH10 | capital | Capital variation of rights attached to shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- 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.