Mettex Electric Company Limited

Active01138730 Private limited company

Incorporated: 10 October 1973 (53 years)
Industry: Manufacture of wire products, chain and springs (25930)
Manufacture of other fabricated metal products n.e.c. (25990)
Manufacture of other electronic and electric wires and cables (27320)
Directors: Jason Michael Watkinson
Sylvia Toni Tipper
Owned by: Sylvia Toni Tipper
Accounts type: Full
Region: South East
Address: Mettex Electric Co Ltd
Thorpe Way
Banbury
OX16 4SP

Website & contact details

Group website: mettex.com
The site of this company’s group or brand.

Filing status

Accounts due: 31 December 2026
Last accounts: 31 March 2025
Conf. stmt due: 14 December 2026
Last conf. stmt: 30 November 2025

Charges

Total: 7
Outstanding: 3
Part satisfied: 0
Satisfied: 4

Officers 3 active

Officer details are public data from the Companies House register.

Watkinson, Jason Michael

Director · Appointed 23 April 2026

British

Born December 1973 (52)

Tipper, Sylvia Toni

Secretary · Appointed 7 July 1993

British

Tipper, Sylvia Toni

Director · Appointed 7 July 1993

British

Born December 1958 (67)

Officer history (8 former)

23 April 2026

Resigned Tipper, Samuel Vincent as Director

23 April 2026

Appointed Watkinson, Jason Michael as Director

31 March 2026

Resigned Ridley, Keith as Director

19 May 2022

Appointed Tipper, Samuel Vincent as Director

19 August 2010

Resigned Tipper, David Vincent as Director

7 April 1995

Appointed Tipper, David Vincent as Director

7 July 1993

Appointed Tipper, Sylvia Toni as Director

7 July 1993

Resigned Tilstone, Andrew as Director

7 July 1993

Resigned Tilstone, Andrew as Secretary

7 July 1993

Appointed Tipper, Sylvia Toni as Secretary

1 November 1992

Appointed Tilstone, Andrew as Director

20 March 1992

Appointed Tilstone, Andrew as Secretary

20 March 1992

Resigned Tipper, Toni Sylvia as Secretary

20 March 1992

Resigned Tipper, David Vincent as Director

20 March 1992

Resigned Tipper, Toni Sylvia as Director

Ownership 1 active

People and entities with significant control, from the Companies House PSC register

Sylvia Toni Tipper

Individual · Notified 6 April 2016

Owns 75–100% of shares

British

Born December 1958 (67)

Financials

Balance sheet as at 31 March 2025 · full accounts

Net Assets: £5,552,779
Cash: £1,663,621
Turnover: £8,695,447
Profit Before Tax: £185,390
Employees: 62

Debt Ratio: 22%
Current Ratio: 3.3x
Profit Margin: 2%
Return on Equity: 2%

Trend

Turnover

Balance sheet detail

	2025	2024	2023	2021	2020
Fixed Assets	£2,502,235	£2,447,406	£2,473,550	£2,526,139	£2,535,673
Current Assets	£4,649,672	£4,313,524	£3,927,038	£3,614,038	£2,999,918
Cash	£1,663,621	£1,617,437	£1,604,052	£950,162	£913,925
Creditors (< 1 year)	£1,425,814	£1,118,137	£1,115,747	£1,250,438	£1,094,974
Net Current Assets	£3,223,858	£3,195,387	£2,811,291	£2,363,600	£1,904,944
Net Assets	£5,552,779	£5,485,395	£5,138,225	£4,788,602	£4,342,964
Shareholder Funds	£5,552,779	£5,485,395	£5,138,225	£4,788,602	£4,342,964

Turnover	£8,695,447	£9,383,374	£7,821,783	£7,568,748	£7,283,334
Cost of Sales	£6,282,317	£6,673,937	£5,625,556	£5,417,684	£5,073,483
Gross Profit	£2,413,130	£2,709,437	£2,196,227	£2,151,064	£2,209,851
Admin Expenses	£2,274,017	£2,154,657	£1,926,726	£1,763,781	£1,841,403
Staff Costs	£2,957,388	£2,933,421	£2,744,155	£2,522,149	£2,609,204
Operating Profit	£139,113	£554,780	£269,501	£631,824	£368,448
Profit Before Tax	£185,390	£560,081	£269,501	£632,374	£369,904
Tax	£54,206	£149,111	£52,291	£122,937	£92,609
Profit for Period	£131,184	£410,970	£217,210	£509,437	£277,295

Filings 125

Date	Description	Made Up To
28 April 2026	Appointment of a director
23 April 2026	Termination of appointment of a director
23 April 2026	Confirmation statement with no updates	30 November 2025
8 April 2026	Termination of appointment of a director
3 December 2025	Change of details for a person with significant control