Mtce Limited

Manufacture of motor vehicles · Norwich

ActiveUnited KingdomIncorporated 1992Private Limited Company

Financial position

Accounts to 2025-12-31 · GBP · Company accounts

Net assets

£6,167,379

Cash

£366,828

Turnover

—

Profit / loss

—

Current assets

£26,291,951

Creditors < 1 year

£15,292,316

Equity

£6,167,379

Average employees

334

GBP · company

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures	2025-12-31Company · AI-read	2024-12-31Company · AI-read
Balance sheet
Net assets	£6,167,379	£12,897,571
Equity	£6,167,379	£12,897,571
Share capital	£150	£150
Retained earnings	£6,167,229	£12,897,421
Assets
Fixed assets	£7,800,494	£9,787,523
Property, plant & equipment	£7,800,494	£9,787,523
Current assets	£26,291,951	£34,432,706
Cash at bank	£366,828	£402,683
Debtors	£12,109,885	£11,799,994
Stock	£13,815,238	£22,230,029
Liabilities
Creditors within one year	£15,292,316	£21,875,010
Creditors after one year	£12,632,750	£8,159,106
Provisions	—	£1,288,542
Net current assets	£10,999,635	£12,557,696
Assets less current liabilities	£18,800,129	£22,345,219
Operating costs
Operating lease charges	£1,569,403	£1,724,780
Audit fees	£52,500	£50,000
Research & development	£5,160,452	£4,503,890
Government grants	£1,032,090	£900,778
People & pay
Average employees	334	351
Staff costs	£33,573,496	£39,113,343
Wages & salaries	£30,689,881	£36,412,974
Social security costs	£2,411,760	£2,246,908
Pension costs	£471,855	£453,461
Source evidence	View filing	View filing

What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.

Turnover by segment (6)

United Kingdom: 43% (2025-12-31)
European Union: 46% (2025-12-31)
Rest of world: 11% (2025-12-31)
United Kingdom: 74% (2024-12-31)
European Union: 20% (2024-12-31)
Rest of world: 6% (2024-12-31)

Related parties (8)

group companies · Group companies · Purchases during the year · £567,133
group companies · Group companies · Purchases during the year · £6,552,881
group companies · Group companies · Owing by the Company at the year-end in respect of purchases · £141,782
group companies · Group companies · Owing by the Company at the year-end in respect of purchases · £91,560
group companies · Group companies · Sales during the year · £291,904
group companies · Group companies · Sales during the year · £7,220
group companies · Group companies · Owing to the Company at the year-end in respect of sales · £2,680
group companies · Group companies · Owing to the Company at the year-end in respect of sales · £Nil

Share classes (2)