MIRUS AIRCRAFT SEATING LTD
Get an alert when MIRUS AIRCRAFT SEATING LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£315k
-37.2% vs 2024
Net assets
-£31m
-5.5% vs 2024
Employees
100
+7.5% vs 2024
Profit before tax
-£8.2m
+25.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
As at 31 December 2025, the company had a shareholders deficit of £31,459,779 due to the losses made. This indicates the existence of a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
2-year trend · vs Industrials 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 | £7,439,607 | £10,524,885 | +41.5% | |
| Operating profit | -£9,535,395 | -£6,574,768 | +31% | |
| Profit before tax | -£10,950,361 | -£8,200,420 | +25.1% | |
| Net profit | -£10,441,251 | -£8,168,362 | +21.8% | |
| Cash | £502,360 | £315,319 | -37.2% | |
| Total assets less current liabilities | £21,211,463 | £21,472,366 | +1.2% | |
| Net assets | -£29,824,897 | -£31,459,779 | -5.5% | |
| Equity | — | — | — | |
| Average employees | 93 | 100 | +7.5% | |
| Wages | £4,774,869 | £4,962,375 | +3.9% | |
| Directors' remuneration | £241,545 | £241,972 | +0.2% | |
| Directors' pension contributions | £35,000 | £26,058 | -25.5% | |
| Highest paid director | £148,800 | £241,972 | +62.6% |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | -128.2% | -62.5% | |
| Net margin | -140.3% | -77.6% | |
| Return on capital employed | -45.0% | -30.6% | |
| Gearing (liabilities / total assets) | 240.6% | 246.5% | |
| Current ratio | 3.21x | 2.66x | |
| Interest cover | -6.74x | -4.03x |
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
- Lovewell Blake LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As at 31 December 2025, the company had a shareholders deficit of £31,459,779 due to the losses made. This indicates the existence of a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCGUIRE, Benjamin Bruce | Director | 2016-06-29 | Jan 1966 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BELL, Duncan Whitworth | Director | 2015-02-12 | 2015-04-30 |
| GHANDINESEN, Rubanesan | Director | 2015-02-12 | 2017-07-21 |
| HALL, Philip Roy | Director | 2015-02-12 | 2020-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Calvin Lau Chuen Yien | Individual | Shares 75–100%, Voting 50–75%, Appoints directors | 2024-08-01 | Active |
| Mr Chiu Fai Stanley Choi | Individual | Voting 25–50%, Appoints directors | 2024-08-01 | Active |
| Mirus Holdings Sdn. Bhd. | Corporate entity | Shares 75–100% | 2017-03-21 | Ceased 2024-08-01 |
| Mr Philip Roy Hall | Individual | Significant influence, Significant influence (as firm) | 2016-04-06 | Ceased 2019-12-31 |
| Mr Benjamin Bruce Mcguire | Individual | Significant influence, Significant influence (as firm) | 2016-04-06 | Ceased 2019-12-31 |
Filing timeline
Last 20 of 69 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-21 MA Memorandum articles
- 2026-01-14 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-14 | AA | accounts | Accounts with accounts type medium | |
| 2026-08-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-08-13 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-03-26 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-30 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-30 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-21 | MA | incorporation | Memorandum articles | |
| 2026-01-14 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-09 | SH01 | capital | Capital allotment shares | |
| 2025-09-29 | AA | accounts | Accounts with accounts type medium | |
| 2025-08-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-06 | AA | accounts | Accounts with accounts type full | |
| 2024-08-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-08-01 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-01 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-09-18 | AA | accounts | Accounts with accounts type full | |
| 2023-08-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- 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.