Mtl Advanced Ltd
07712250
Healthy
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 19/07/2025
Due 02/08/2026
Industry
Officers
Former
director · Resigned 30/01/2015
director · Resigned 30/04/2015
director · Resigned 01/05/2018
director · Resigned 01/05/2018
director · Resigned 01/05/2018
director · Resigned 23/05/2018
director · Resigned 23/05/2018
director · Resigned 23/12/2020
secretary · Resigned 30/09/2025
Persons with Significant Control
Wec Group Holdings Limited
Britannia House, Junction Street, Darwen, BB3 2RB
Reg: 11324003 · Companies House · Private Limited Company
Notified 01/05/2018
Former PSCs
Mr James Stephen Hartley
Ceased 01/05/2018
Mr Wayne Anthony Wild
Ceased 01/05/2018
Burnhart Holdings Ltd
Ceased 28/03/2019
Charges0 outstanding
COMERICA BANK
COMERICA BANK, N.A.
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
NATIONAL WESTMINSTER BANK PLC
RBS INVOICE FINANCE LTD
BURNHART HOLDINGS LIMITED
Change History
Active
Private Limited Company
BRITANNIA HOUSE
DARWEN
CompanyRankvs 413+ SIC 25110 peers72
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Turnover
£50.8M
Annual revenue
Net Worth
£12.5M
Balance sheet strength
Cash
£732k
Cash in the bank
Profit Before Tax
£5.5M
Bottom line earnings
Net Current Assets
£7.5M
Working capital
Current Assets
£26.2M
Current Liabilities
£18.7M
Fixed Assets
£9.8M
Debtors
£15.6M
Cost of Sales
£38.2M
Gross Profit
£12.7M
Admin Expenses
£5.5M
Operating Profit
£5.6M
Profit After Tax
£4.1M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.40 | +£613k |
| 2023 | 1.65 | +£517k |
| 2022 | 1.78 | +£1.3M |
| 2021 | 1.79 | +£1.5M |
| 2020 | 1.83 | +£1.7M |
| 2019 | 2.29 | — |
Derived from filed accounts. Not audited figures.