MET - CLAD CONTRACTS LIMITED
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Cash
£783k
-34.8% vs 2024
Net assets
£3m
-6.8% lowest in 3 filed years
Employees
69
+9.5% highest in 3 filed years
Profit before tax
£68k
-86.6% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-11-30
| Metric | Trend | 2023-11-30 | 2024-11-30 | 2025-11-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £18,909,175 | £23,431,272 | £30,201,154 | +28.9% | |
| Operating profit | £476,870 | £1,081,679 | £514,282 | -52.5% | |
| Profit before tax | £417,013 | £509,451 | £68,161 | -86.6% | |
| Net profit | £313,396 | £250,704 | £31,110 | -87.6% | |
| Cash | £114 | £1,201,252 | £782,750 | -34.8% | |
| Total assets less current liabilities | £3,693,527 | £3,482,280 | £3,405,102 | -2.2% | |
| Net assets | £3,560,606 | £3,200,337 | £2,981,447 | -6.8% | |
| Equity | £3,560,606 | £3,200,337 | £2,981,447 | -6.8% | |
| Average employees | 61 | 63 | 69 | +9.5% | |
| Wages | £2,998,301 | £4,050,079 | £3,782,763 | -6.6% | |
| Directors' remuneration | £501,387 | £960,515 | £1,297,806 | +35.1% |
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 | 2023-11-30 | 2024-11-30 | 2025-11-30 |
|---|---|---|---|---|
| Operating margin | 2.5% | 4.6% | 1.7% | |
| Net margin | 1.7% | 1.1% | 0.1% | |
| Return on capital employed | 12.9% | 31.1% | 15.1% | |
| Current ratio | 1.75x | 1.24x | 1.39x | |
| Interest cover | 7.96x | 13.21x | 8.67x |
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 1 time since incorporation
- MET - CLAD CONTRACTS LIMITED 1996-11-18 → present
- VALUELIST LIMITED 1996-04-12 → 1996-11-18
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- The Rowleys Partnership Ltd
- 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.”
Significant events
- “Subsequent to year ended 30 November 2025, the company settled a long standing claim in relation to a historic project, which it had previously been vigorously defending. A provision has therefore been made in full for the amount settled, which was agreed to in order to avoid ongoing litigation and commercial uncertainty.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GANNON, Andrew John | Director | 2025-04-01 | Dec 1986 | British |
| MILLICHAP, Tony Christopher | Director | 2015-06-01 | Mar 1973 | British |
| SMITH, Ian Dennis | Director | 2019-04-05 | May 1969 | British |
| SMITH, Mark Thomas | Director | 2024-10-24 | Dec 1973 | British |
| VILLAGE, Marvin Stuart | Director | 2005-12-01 | Aug 1976 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LOMAS, Rachel Elizabeth | Secretary | 2001-02-09 | 2004-06-30 |
| MAYFIELD, Michael William | Secretary | 2007-12-01 | 2010-05-28 |
| MEER, David John | Secretary | 1996-06-04 | 2001-02-09 |
| MEER, Jennifer Eileen | Secretary | 2004-07-26 | 2007-11-30 |
| SPENCER, Claire Louise | Secretary | 2012-10-09 | 2025-11-20 |
| BRITANNIA COMPANY FORMATIONS LIMITED | Corporate Nominee Secretary | 1996-04-12 | 1996-06-05 |
| COLLINSON, Simon Jerome Andrew | Director | 2012-10-09 | 2015-10-12 |
| COSFORD, Paul | Director | 2003-02-07 | 2018-09-18 |
| COSFORD, Paul | Director | 1997-12-01 | 2001-02-09 |
| DAVIES, George | Director | 1996-06-04 | 2001-02-09 |
| HENDRICK, Christopher Paul | Director | 2016-04-06 | 2018-09-19 |
| LOWE, Jonathan Richard | Director | 2016-04-06 | 2018-09-18 |
| LOWE, Jonathan Richard | Director | 2008-02-01 | 2011-06-22 |
| MEER, David John | Director | 1996-06-04 | 2008-02-01 |
| MERRYWEATHER, Paul Nicholas | Director | 2003-02-07 | 2005-01-17 |
| MERRYWEATHER, Paul Nicholas | Director | 1999-04-19 | 2001-02-09 |
| MUNDELL, David John | Director | 2003-02-07 | 2005-01-17 |
| MUNDELL, David John | Director | 1997-12-01 | 2001-02-09 |
| PICKERING, Alan | Director | 2003-02-07 | 2017-11-30 |
| PICKERING, Alan | Director | 1996-11-30 | 2001-02-09 |
| SPENCER, Claire Louise | Director | 2015-04-01 | 2025-11-20 |
| WHEAT, Wayne John | Director | 2008-02-01 | 2008-12-12 |
| WHITEHEAD, Roger Anthony | Director | 2009-01-06 | 2012-03-30 |
| WHITEHEAD, Roger Anthony | Director | 2003-02-07 | 2004-08-27 |
| DEANSGATE COMPANY FORMATIONS LIMITED | Corporate Nominee Director | 1996-04-12 | 1996-06-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Met-Clad Contracts Group Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 136 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-27 | AA | accounts | Accounts with accounts type full | |
| 2026-04-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-11 | AA | accounts | Accounts with accounts type full | |
| 2025-04-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-25 | CH01 | officers | Change person director company with change date | |
| 2024-06-25 | CH03 | officers | Change person secretary company with change date | |
| 2024-06-25 | CH01 | officers | Change person director company with change date | |
| 2024-04-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-18 | AA | accounts | Accounts with accounts type full | |
| 2023-05-03 | AA | accounts | Accounts with accounts type full | |
| 2023-04-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-08-31 | AA | accounts | Accounts with accounts type full | |
| 2022-04-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-07-24 | AA | accounts | Accounts with accounts type full | |
| 2021-04-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-07-14 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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.