MATTE BLACK SURFACING LIMITED
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Cash
£84K
-58.1% vs 2024
Net assets
£1.6M
+41.2% highest in 4 filed years
Employees
43
+7.5% highest in 4 filed years
Profit before tax
£748K
-11.8% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-07-31
| Metric | Trend | 2021-07-31 | 2022-07-31 | 2024-07-31 | 2025-07-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | — | £11,618,900 | £17,824,087 | +53.4% | |
| Operating profit | — | — | £935,702 | £909,222 | -2.8% | |
| Profit before tax | — | — | £848,820 | £748,309 | -11.8% | |
| Net profit | — | — | £626,589 | £791,263 | +26.3% | |
| Cash | £37,162 | £376,786 | £199,921 | £83,848 | -58.1% | |
| Total assets less current liabilities | £283,608 | £1,105,948 | £2,704,173 | £3,761,213 | +39.1% | |
| Net assets | £156,799 | £499,457 | £1,161,685 | £1,640,684 | +41.2% | |
| Equity | £156,799 | £499,457 | £1,161,685 | £1,640,684 | +41.2% | |
| Average employees | 4 | 11 | 40 | 43 | +7.5% | |
| Wages | — | — | £1,609,532 | £2,316,138 | +43.9% | |
| Directors' remuneration | — | — | £27,626 | £29,062 | +5.2% |
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 | 2021-07-31 | 2022-07-31 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 8.1% | 5.1% | |
| Net margin | — | — | 5.4% | 4.4% | |
| Return on capital employed | — | — | 34.6% | 24.2% | |
| Current ratio | — | — | 1.19x | 1.10x | |
| Interest cover | — | — | 10.77x | 5.65x |
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
- RNS Chartered Accountants
- 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 original financial statements were authorised for issue.”
Group structure
- MATTE BLACK SURFACING LIMITED · parent
- Hurson Tri Limied 100%
Significant events
- “Turnover has exceeded £17m in the period, a 53% increase on the £11.6m achieved in 2024. Gross profit remains consistent with a margin of 16% compared to 17% in 2024. We continue to invest in plant and machinery to ensure our work continues to be of the highest standard. The current financial year continues to be positive. We are pleased with the performance of ongoing contracts and the company maintains a good pipeline of work and enquiries. The year end net assets were £1.6 million, an increase of £479k.”
- “The subsidiary company Hurson Tri Limied was dissolved on 15 July 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DURNIAN, Matthew James | Director | 2020-09-07 | Mar 1991 | British |
| HUBBARD, Daniel Joseph | Director | 2020-07-30 | Dec 1990 | British |
| HUBBARD, Joshua James | Director | 2020-07-30 | Feb 1988 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Joshua James Hubbard | Individual | Shares 25–50% | 2022-02-15 | Ceased 2025-11-27 |
| Mr Matthew James Durnian | Individual | Shares 25–50%, Voting 25–50% | 2020-09-07 | Active |
| Mr Daniel Joseph Hubbard | Individual | Shares 25–50%, Appoints directors | 2020-07-30 | Ceased 2025-11-27 |
Filing timeline
Last 20 of 30 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-21 | AA | accounts | Accounts with accounts type full | |
| 2025-11-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-29 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-29 | CH01 | officers | Change person director company with change date | |
| 2025-07-16 | SH01 | capital | Capital allotment shares | |
| 2025-06-26 | CH01 | officers | Change person director company with change date | |
| 2025-06-26 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-03-10 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-17 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-11-30 | CH01 | officers | Change person director company with change date | |
| 2023-11-30 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-24 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-08-24 | CS01 | confirmation-statement | Confirmation statement with updates |
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.