MRC GLOBAL (UK) LIMITED
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Cash
£3.9m
-42% vs 2024
Net assets
£19m
-29.2% lowest in 3 filed years
Employees
65
-16.7% lowest in 3 filed years
Profit before tax
£2m
-69.1% lowest 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 | £56,095,008 | £63,006,907 | £45,231,557 | -28.2% | |
| Operating profit | £2,873,862 | £4,512,130 | £1,859,669 | -58.8% | |
| Profit before tax | £4,641,659 | £6,605,968 | £2,042,841 | -69.1% | |
| Net profit | £4,223,180 | £5,599,241 | £2,309,326 | -58.8% | |
| Cash | £2,719,587 | £6,803,130 | £3,945,354 | -42% | |
| Total assets less current liabilities | — | £26,367,368 | £18,676,694 | -29.2% | |
| Net assets | £48,081,939 | £26,367,368 | £18,676,694 | -29.2% | |
| Equity | £48,081,939 | £26,367,368 | £18,676,694 | -29.2% | |
| Average employees | 77 | 78 | 65 | -16.7% | |
| Wages | £3,818,645 | £3,951,478 | £3,169,705 | -19.8% | |
| Directors' remuneration | £196,243 | £251,285 | £225,922 | -10.1% | |
| Directors' pension contributions | £16,072 | £18,223 | £19,932 | +9.4% | |
| Highest paid director | £247,823 | £251,285 | £225,922 | -10.1% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 5.1% | 7.2% | 4.1% | |
| Net margin | 7.5% | 8.9% | 5.1% | |
| Return on capital employed | — | 17.1% | 10.0% | |
| Gearing (liabilities / total assets) | 37.0% | 51.3% | 33.9% | |
| Current ratio | 2.18x | 1.38x | 2.89x | |
| Interest cover | 2.81x | 4.75x | — |
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
- MRC GLOBAL (UK) LIMITED 2020-04-01 → present
- MRC TRANSMARK LIMITED 2009-11-20 → 2020-04-01
- TRANSMARK FCX LIMITED 2005-09-27 → 2009-11-20
- TRANSMARK HEATON VALVES LIMITED 1997-12-12 → 2005-09-27
- LEGISLATOR 1365 LIMITED 1997-11-25 → 1997-12-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have assessed the Company's ability to continue as a going concern and are satisfied that it remains appropriate to prepare the financial statements on this basis.”
Group structure
- MRC GLOBAL (UK) LIMITED · parent
- MRC Flangefitt Limited
Significant events
- “During 2025, the Company completed the winding up of MRC Flangefitt Limited. As a result, the investment in the subsidiary was fully written off, reflecting its cessation of operations and removal from the Group structure.”
- “In November 2025, MRC Global Inc. was acquired by DNOW Inc.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANDERSON, Gillian Sarah, Ms. | Director | 2023-10-03 | May 1985 | British |
| HARLEY, Grant | Director | 2025-06-09 | Nov 1968 | British |
| HELLMUND, Claire Jane | Director | 2018-01-01 | Dec 1983 | British |
| JOHNSON, Martyn Peter | Director | 2019-05-10 | Mar 1977 | British |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ADDY, John Charles | Secretary | 2002-01-30 | 2012-04-17 |
| DENNEHY, John Patrick | Secretary | 1997-12-16 | 1998-06-18 |
| PEGG, Anthony Arthur | Secretary | 1998-06-18 | 2002-01-30 |
| POOLEY, Maureen | Secretary | 1997-11-25 | 1997-12-16 |
| RAWCLIFFE, Sarah Jayne | Secretary | 2012-04-19 | 2024-12-06 |
| AASLAND, Steinar | Director | 2014-04-15 | 2015-11-03 |
| BOWHAY, John Leslie | Director | 2010-08-01 | 2014-04-15 |
| BRAS, Marcel | Director | 2012-01-20 | 2013-09-18 |
| BROWN, Hugh Taylor Mark | Director | 2002-07-15 | 2009-10-30 |
| DAVIDSON, Adam Alexander | Director | 2014-12-01 | 2017-12-31 |
| ELLIS, Michael Norris | Director | 1998-06-18 | 2001-05-14 |
| HEATON, Simon David | Director | 1997-12-16 | 2009-09-23 |
| HODGSON, Craig Ian | Director | 1997-11-25 | 1997-12-16 |
| KAPPEN, Hendricus Johannes Leonardus | Director | 1999-09-01 | 2000-12-31 |
| KRANS, Gerard Picton | Director | 2002-09-02 | 2009-10-30 |
| MCCLUSKEY, Frederick Anthony | Director | 2005-04-01 | 2011-04-30 |
| MUIR, David Donaldson | Director | 1998-06-18 | 2009-10-30 |
| PARKER, Christopher Barrie | Director | 1998-06-18 | 2000-12-31 |
| PEGG, Anthony Arthur | Director | 1998-06-18 | 2002-01-30 |
| POOLEY, Maureen | Director | 1997-11-25 | 1997-12-16 |
| PUTTER, Cornelis Christoffel | Director | 2019-05-10 | 2023-10-03 |
| ROMULD, Trine Sæther | Director | 2014-12-01 | 2015-09-01 |
| SINGH, Kavita | Director | 2013-05-01 | 2014-12-01 |
| SMITH, Stephen Bradley | Director | 2013-09-23 | 2022-01-31 |
| STEPHEN, Robert Grant | Director | 1997-12-16 | 2000-12-31 |
| SUDBURY, Melvyn John | Director | 2003-07-01 | 2009-10-30 |
| VAN DER ZOUW, Jan | Director | 1997-12-16 | 1999-08-31 |
| VANDEN BERG, Hendrik Aart | Director | 1997-12-16 | 2000-12-31 |
| VELIC, Adnan | Director | 2015-11-03 | 2019-05-10 |
| WAGSTAFF, Neil Philip | Director | 1998-06-18 | 2012-01-20 |
| WILKINSON, John Peers | Director | 2013-05-01 | 2014-12-01 |
| WORRALL, Brian Andrew | Director | 2009-06-09 | 2009-10-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrc Transmark Holdings Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 172 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-12-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-04 | AA | accounts | Accounts with accounts type full | |
| 2025-07-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2023-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-18 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-16 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2022-12-29 | AA | accounts | Accounts with accounts type full | |
| 2022-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-08 | CH01 | officers | Change person director company with change date | |
| 2022-12-08 | CH01 | officers | Change person director company with change date | |
| 2022-12-08 | CH01 | officers | Change person director company with change date | |
| 2022-02-14 | TM01 | officers | Termination director company with name termination date | |
| 2022-02-04 | AA | accounts | Accounts with accounts type full | |
| 2021-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-07 | AA | accounts | Accounts with accounts type full |
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.