MINCON CARBIDE LIMITED
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Cash
£392k
+37.4% vs 2024
Net assets
£2m
+43.8% vs 2024
Employees
—
Average over period
Profit before tax
£951k
+120.5% vs 2024
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £4,089,239 | £4,239 | -99.9% | |
| Operating profit | -£4,627,623 | £940,746 | +120.3% | |
| Profit before tax | -£4,637,189 | £950,871 | +120.5% | |
| Net profit | -£4,179,452 | £612,198 | +114.6% | |
| Cash | £285,204 | £391,958 | +37.4% | |
| Total assets less current liabilities | £1,412,155 | £2,011,353 | +42.4% | |
| Net assets | £1,399,155 | £2,011,353 | +43.8% | |
| Equity | £1,399,155 | £2,011,353 | +43.8% | |
| Average employees | 19 | — | — | |
| Wages | £1,291,283 | £11,932 | -99.1% | |
| Directors' remuneration | £201,862 | — | — | |
| Directors' pension contributions | £9,152 | — | — |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | -113.2% | — | |
| Net margin | -102.2% | — | |
| Return on capital employed | -327.7% | 46.8% | |
| Gearing (liabilities / total assets) | 32.5% | 1.7% | |
| Current ratio | 3.14x | 59.41x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- MINCON CARBIDE LIMITED 2018-12-20 → present
- MARSHALLS CARBIDE LIMITED 2015-03-17 → 2018-12-20
- HAMSARD 3358 LIMITED 2015-02-02 → 2015-03-17
Audit & accounting basis
- Accounting basis
- other
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The director has at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting”
Significant events
- “In October 2024, the directors made the decision to cease the company's trading. As at 31 December 2025, all contracts with customers were fulfilled and all inventory and the remaining property, plant and equipment has been sold.”
- “On 17 January 2025 the company sold its freehold property for £1,800,000. This resulted in a gain of £1,187,070 which is included within operating income.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| REGAN, Leona | Secretary | 2025-12-17 | — | — |
| MCNAMARA, Mark Anthony | Director | 2024-09-16 | May 1980 | Irish |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DORIS, John | Secretary | 2015-03-25 | 2017-08-08 |
| MCNAMARA, Mark | Secretary | 2017-08-08 | 2025-12-17 |
| SILCOCK, Margaret, Dr | Secretary | 2015-03-16 | 2015-03-25 |
| SQUIRE PATTON BOGGS SECRETARIES LIMITED | Corporate Secretary | 2015-02-02 | 2015-03-16 |
| BARRY, Kevin | Director | 2015-03-25 | 2017-10-17 |
| CROSSLEY, Peter Mortimer | Director | 2015-02-02 | 2015-03-16 |
| FORBES, Ian Redfern | Director | 2015-03-16 | 2015-03-25 |
| LOCKWOOD, Alan | Director | 2018-10-25 | 2023-08-31 |
| LOCKWOOD, Alan | Director | 2015-03-16 | 2015-03-25 |
| PURCELL, Joseph | Director | 2015-03-25 | 2020-10-06 |
| RAUTIAINEN, Jussi | Director | 2020-10-06 | 2024-09-16 |
| SAXTON, Richard Ian | Director | 2023-09-11 | 2025-12-17 |
| SQUIRE PATTON BOGGS DIRECTORS LIMITED | Corporate Director | 2015-02-02 | 2015-03-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mgp Investment Ltd | Corporate entity | Shares 75–100% | 2022-06-30 | Active |
| Mincon Group Plc | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 63 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-27 MA Memorandum articles
- 2025-12-27 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-15 | AA | accounts | Accounts with accounts type full | |
| 2026-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-27 | MA | incorporation | Memorandum articles | |
| 2025-12-27 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-12-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-25 | AA | accounts | Accounts with accounts type small | |
| 2025-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-09-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-23 | AA | accounts | Accounts with accounts type small | |
| 2024-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-20 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-01 | AA | accounts | Accounts with accounts type small | |
| 2023-02-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-08-12 | AA | accounts | Accounts with accounts type full | |
| 2022-07-22 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- 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.