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Cash

£1.4m

-38% lowest in 3 filed years

Net assets

£8.7m

-8.8% lowest in 3 filed years

Employees

197

-4.4% lowest in 3 filed years

Profit before tax

-£823k

-40.5% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £32,775,693£23,369,051£22,862,840 -2.2%
Operating profit £3,083,411-£303,570-£576,902 -90%
Profit before tax £2,766,315-£585,663-£822,904 -40.5%
Net profit £1,950,267-£487,064-£717,990 -47.4%
Cash £3,294,072£2,204,454£1,365,699 -38%
Total assets less current liabilities £13,340,352£13,339,418£11,898,158 -10.8%
Net assets £9,499,190£9,578,627£8,737,519 -8.8%
Equity £9,499,190£9,578,627£8,737,519 -8.8%
Average employees 243206197 -4.4%
Wages £7,643,772£7,002,525£7,056,721 +0.8%
Directors' remuneration £29,940£41,032£40,750 -0.7%

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 2023-12-312024-12-312025-12-31
Operating margin 9.4%-1.3%-2.5%
Net margin 6.0%-2.1%-3.1%
Return on capital employed 23.1%-2.3%-4.8%
Gearing (liabilities / total assets) 47.9%28.2%26.6%
Current ratio 2.45x2.60x2.52x
Interest cover 9.51x-0.88x-2.07x

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
Consolidated group
Auditor
Stevenson & Wilson
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis.”

Group structure

  1. MAINE SURFACE FINISHING LIMITED · parent
    1. Smyth Steel Limited 100% · steel fabrication

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 1 resigned

Name Role Appointed Born Nationality
DIXON, Beverley Secretary 2006-07-19 — —
DIXON, Adrian Director 2013-12-09 Aug 1967 British
DIXON, Beverley Director 2006-07-19 Dec 1973 Northern Irish
DIXON, Eugene Director 2006-07-19 Dec 1972 Northern Irish
Show 1 resigned officer
Name Role Appointed Resigned
KANE, Dorothy May Secretary 2006-07-19 2006-07-19

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Eugene Dixon Individual Shares 50–75% 2016-04-06 Active

Filing timeline

Last 20 of 63 total filings

Date Type Category Description
2026-09-08 AA accounts Accounts with accounts type group PDF
2026-08-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-26 AA accounts Accounts with accounts type group PDF
2025-08-11 CH01 officers Change person director company with change date PDF
2025-08-11 CH01 officers Change person director company with change date PDF
2025-08-11 CH03 officers Change person secretary company with change date PDF
2025-08-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-16 AD01 address Change registered office address company with date old address new address PDF
2025-06-06 AD01 address Change registered office address company with date old address new address PDF
2024-09-16 AA accounts Accounts with accounts type group
2024-07-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-29 AA accounts Accounts with accounts type group
2023-07-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-08-26 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-08-22 MR04 mortgage Mortgage satisfy charge full PDF
2022-08-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-04-12 AA accounts Accounts with accounts type full
2021-12-09 MR01 mortgage Mortgage create with deed with charge number charge creation date
2021-10-04 AA accounts Accounts with accounts type full
2021-07-29 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page