MAJESTIC CORPORATION P.L.C.
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Cash
£1m
USD 1,350,082
-8.7% vs 2024
Net assets
£7.5m
USD 10,105,866
+18.5% highest in 3 filed years
Employees
11
+83.3% highest in 3 filed years
Profit before tax
£1m
USD 1,349,034
+34% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £21,844,555 | £36,635,240 | £28,397,304 | -22.5% | |
| Operating profit | £833,107 | £864,739 | £1,151,012 | +33.1% | |
| Profit before tax | £734,641 | £748,169 | £1,002,627 | +34% | |
| Net profit | £620,370 | £656,386 | £1,002,627 | +52.7% | |
| Cash | £485,142 | £1,099,522 | £1,003,405 | -8.7% | |
| Total assets less current liabilities | £5,682,022 | £6,339,512 | £7,918,014 | +24.9% | |
| Net assets | £5,682,022 | £6,339,512 | £7,510,863 | +18.5% | |
| Equity | £5,682,022 | £6,339,512 | £7,510,863 | +18.5% | |
| Average employees | 6 | 6 | 11 | +83.3% | |
| Wages | £102,548 | £102,564 | £180,832 | +76.3% | |
| Directors' remuneration | £92,532 | — | £185,090 | — |
Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | 3.8% | 2.4% | 4.1% | |
| Net margin | 2.8% | 1.8% | 3.5% | |
| Return on capital employed | 14.7% | 13.6% | 14.5% | |
| Gearing (liabilities / total assets) | 61.6% | 63.3% | 65.8% | |
| Current ratio | 1.62x | 1.58x | 1.39x | |
| Interest cover | 8.07x | 7.31x | 7.60x |
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
- MAJESTIC CORPORATION P.L.C. 2022-03-08 → present
- MAJESTIC CORPORATION LIMITED 2021-12-10 → 2022-03-08
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- RPG Crouch Chapman LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have considered the working capital requirements of the company and the group for a period of at least 12 months from the date of signing of these financial statements. The directors consider the operations of the company and the group to be ongoing with reasonable expectations that they have adequate resources to continue in operational existence for the foreseeable future. On this basis the directors consider it appropriate to prepare the financial statements on the going concern basis.”
Group structure
- MAJESTIC CORPORATION P.L.C. · parent
- Majestic Corporation Limited 100%
- Majestic Materials Solutions Ltd 100%
- Majestic Materials Corporation 100%
- Telecycle Europe Limited 100%
Significant events
- “On 6 May 2025, Majestic Corporation Plc acquired 100% of the share capital of Telecycle Europe Limited, a UK-based recycling business for a consideration of up to £2 million, payable in 13 monthly instalments of £150,000, commencing May 2025, with a final payment of £50,000 due in June 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WOODWARD, Michael Charles | Secretary | 2022-02-21 | — | — |
| HOWICK, Larry Carter | Director | 2022-02-21 | Dec 1951 | American |
| LAI, Peter Yu Pok | Director | 2022-02-10 | Sep 1972 | Hong Konger |
| LEE, Man Bing | Director | 2022-02-21 | Dec 1973 | British |
| NEOH, Christopher | Director | 2022-02-21 | Jul 1948 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GUERRA, Gianfranco | Director | 2022-02-21 | 2022-11-29 |
| MALE, Andrew Robert, Mr. | Director | 2024-09-05 | 2025-05-30 |
| PAYNE, Brian John | Director | 2021-12-10 | 2022-02-10 |
| PAYNE, Maureen Anne | Director | 2021-12-10 | 2022-02-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Peter Yu Pok Lai | Individual | Shares 50–75%, Voting 50–75% | 2022-02-10 | Active |
| Maureen Anne Payne | Individual | Shares 25–50%, Voting 25–50% | 2021-12-10 | Ceased 2022-02-10 |
| Mr Brian John Payne | Individual | Shares 25–50%, Voting 25–50% | 2021-12-10 | Ceased 2022-02-10 |
Filing timeline
Last 20 of 42 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-03 RESOLUTIONS Resolution
- 2025-04-04 RESOLUTIONS Resolution
- 2022-04-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-11 | AA | accounts | Accounts with accounts type group | |
| 2026-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-03 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-09 | SH01 | capital | Capital allotment shares | |
| 2025-07-07 | AA | accounts | Accounts with made up date | |
| 2025-06-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-20 | AA | accounts | Accounts with accounts type group | |
| 2024-04-09 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-02-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-08 | AA | accounts | Accounts with accounts type group | |
| 2023-02-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-02-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-12-13 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-04 | RESOLUTIONS | resolution | Resolution | |
| 2022-03-24 | CH01 | officers | Change person director company with change date | |
| 2022-03-22 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-03-08 | BS | accounts | Accounts balance sheet |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.