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MAPEI (UK) LIMITED

#02391086 · Active · Incorporated 1989-06-01 (37y 4m) · Last filing 2026-10-21 (this month)
Basic Materials · SIC 20590 · C Manufacturing · Full accounts
Accounts due 2027-09-30 (in 11 months) · Confirmation due 2027-05-12 (in 7 months) · No watchouts on the register

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Cash

£6.8m

-2.3% vs 2024

Net assets

£41m

+7.8% highest in 3 filed years

Employees

423

+15.9% highest in 3 filed years

Profit before tax

£4.9m

-48.3% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £102,537,732£107,894,409£124,351,234 +15.3%
Operating profit £8,317,602£9,232,879£5,162,953 -44.1%
Profit before tax £8,590,476£9,482,576£4,899,490 -48.3%
Net profit £6,483,124£7,014,284£2,987,054 -57.4%
Cash £1,727,863£6,954,939£6,793,171 -2.3%
Total assets less current liabilities £31,229,724£42,989,496£42,255,652 -1.7%
Net assets £31,091,664£38,105,948£41,093,002 +7.8%
Equity £31,091,664£38,105,948£41,093,002 +7.8%
Average employees 327365423 +15.9%
Wages £13,900,798£16,410,973£21,151,748 +28.9%
Directors' remuneration £297,769£317,319£331,704 +4.5%
Directors' pension contributions £17,555£19,698£1,467 -92.6%

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 2023-12-312024-12-312025-12-31
Operating margin 8.1%8.6%4.2%
Net margin 6.3%6.5%2.4%
Return on capital employed 26.6%21.5%12.2%
Gearing (liabilities / total assets) 40.4%47.8%45.8%
Current ratio 2.07x1.33x1.40x
Interest cover ——18.25x

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
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Company is expected to continue to be profitable and generate positive cash flows for the foreseeable future. The Company has a net asset of £41.1m and a cash balance of £6.8m at year end.”

Group structure

  1. MAPEI (UK) LIMITED · parent
    1. Wykamol Group Limited 100% · United Kingdom · Manufacture of Chemical Products and Electrical Installation
    2. Lectros International Limited 100% · United Kingdom · Activities of Head Office

Significant events

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

People

4 active · 8 resigned

Name Role Appointed Born Nationality
WALTERS, Mark Anthony Secretary 2024-09-27 — —
BREAKSPEAR, Philip Andrew Director 2013-02-28 Dec 1961 British
SQUINZI, Marco Director 2013-02-28 Sep 1971 Italian
SQUINZI, Veronica Director 2003-01-29 Dec 1972 Italian
Show 8 resigned officers
Name Role Appointed Resigned
FRADGLEY, Colin Peter Secretary 2005-11-29 2019-03-20
LOUCH, Mark Secretary 1999-06-28 2005-11-29
MANDALL, Brian John, Mr. Secretary 2019-03-20 2024-09-27
TURNER, Trevor John Secretary — 1999-06-28
LOUCH, Mark Director 1999-06-28 2019-04-30
ORIANI, Sergio Director — 2003-01-28
SQUINZI, Giorgio Director — 2020-01-01
TURNER, Trevor John Director — 1999-06-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mrs Simona Giorgetta Individual Shares 25–50% 2020-01-01 Active
Mrs Veronica Squinzi Individual Shares 25–50%, Voting 25–50% 2020-01-01 Active
Mr Marco Squinzi Individual Shares 25–50% 2020-01-01 Active
Doctor Giorgio Squinzi Individual Appoints directors 2016-05-09 Ceased 2020-01-01

Filing timeline

Last 20 of 149 total filings

Date Type Category Description
2026-10-08 AA accounts Accounts with accounts type full
2026-09-28 ANNOTATION miscellaneous Legacy
2026-04-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-19 AA accounts Accounts with accounts type full PDF
2025-06-26 CS01 confirmation-statement Confirmation statement with updates PDF
2024-09-30 AP03 officers Appoint person secretary company with name date PDF
2024-09-27 TM02 officers Termination secretary company with name termination date PDF
2024-06-28 AA accounts Accounts with accounts type full
2024-06-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-04 AA accounts Accounts with accounts type full
2023-06-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-06-14 AA accounts Accounts with accounts type full
2022-06-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-17 AA accounts Accounts with accounts type full
2021-06-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-10-16 AA accounts Accounts with accounts type full
2020-06-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-02-11 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2020-02-11 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2020-02-11 PSC01 persons-with-significant-control Notification of a person with significant control 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