Filing status
- Accounts due
- 30 September 2027
- Last accounts
- 31 December 2025
- Conf. stmt due
- 20 October 2027
- Last conf. stmt
- 6 October 2026
MTL Advanced Ltd
- Incorporated
- 20 July 2011 (15 years)
- Previously known as
- Wec Cooling Limited (until 23 February 2015)This list may be incomplete. See all names on Companies House
- Industry
- Manufacture of other fabricated metal products n.e.c. (25990) Manufacture of lifting and handling equipment (28220)Manufacture of bodies (coachwork) for motor vehicles (except caravans) (29201)Manufacture of military fighting vehicles (30400)
- Owned by
- Accounts type
- Full
- Region
- North West
- Address
- Britannia HouseJunction StreetDarwenBB3 2RB
Charges
- Total
- 9
- Outstanding
- 0
- Part satisfied
- 0
- Satisfied
- 9
Officers 3 active
Officer details are public data from the Companies House register.
Director · Appointed 3 July 2026
British
Born December 1968 (57)
Director · Appointed 23 May 2018
British
Born September 1962 (64)
Director · Appointed 20 July 2011
British
Born October 1955 (71)
Officer history (9 former)
3 July 2026
30 September 2025
Resigned Sedgley, Andrew Barrington as Secretary
23 December 2020
4 June 2018
Appointed Sedgley, Andrew Barrington as Secretary
23 May 2018
23 May 2018
23 May 2018
1 May 2018
1 May 2018
1 May 2018
1 May 2018
1 May 2018
23 November 2016
30 April 2015
23 February 2015
23 February 2015
23 February 2015
23 February 2015
30 January 2015
Resigned Spicer, Brian Philip as Director
20 July 2011
20 July 2011
Appointed Spicer, Brian Philip as Director
Ownership 1 active
People and entities with significant control, from the Companies House PSC register
Corporate entity · Notified 1 May 2018
Owns 75–100% of shares
Holds 75–100% of voting rights
Right to appoint and remove directors
Private Limited Company
Reg. no. 11324003
Former controllers (3)
28 March 2019
Ceased Burnhart Holdings Ltd — Owns 25–50% of shares
1 May 2018
1 May 2018
Group structure 13 companies
Ownership group derived from the Companies House PSC register
5750 Components Limited Owns 75–100% of shares
Dna Metalwork Ltd Owns 75–100% of shares
Hta Group Limited Owns 75–100% of shares
Laser Engineering (UK) Ltd Owns 75–100% of shares
Laser Profiles Limited Owns 75–100% of shares
M-Tec Architectural Metalwork Limited Owns 75–100% of shares
MTL Advanced Ltd This company Owns 75–100% of shares
Sherburn Metalwork Ltd Owns 75–100% of shares
Wec Group Limited Owns 75–100% of shares
Wec Machining Ltd Owns 75–100% of shares
Wecjet Ltd Owns 75–100% of shares
Welding Engineering Limited Owns 75–100% of shares
Financials
Figures from 2024 accounts. Newer accounts, made up to 31 December 2025, are filed but not read yet. See them on Companies House
- Net Assets
- £12,489,132
- Cash
- £731,796
- Turnover
- £50,834,004
- Profit Before Tax
- £5,517,512
- Employees
- 305
- Debt Ratio
- 65%
- Current Ratio
- 1.4x
- Profit Margin
- 11%
- Return on Equity
- 33%
Trend
Turnover
Balance sheet detail
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Fixed Assets | £9,778,335 | £4,347,049 | £2,449,707 | £2,869,864 | £2,058,993 | £2,514,185 |
| Current Assets | £26,211,210 | £24,009,970 | £22,582,640 | £19,402,093 | £15,470,937 | £14,359,583 |
| Debtors | £15,550,396 | £12,729,699 | £10,745,870 | £7,120,720 | £7,896,027 | £6,902,924 |
| Cash | £731,796 | £2,025,684 | £4,574,069 | £5,059,487 | £3,662,644 | £4,212,081 |
| Creditors (< 1 year) | £18,674,317 | £14,584,332 | £12,663,763 | £10,851,473 | £8,445,342 | £6,264,030 |
| Creditors (> 1 year) | £2,837,988 | £1,326,080 | £897,207 | £1,213,339 | £457,257 | £3,722,511 |
| Net Current Assets | £7,536,893 | £9,425,638 | £9,918,877 | £8,550,620 | £7,025,595 | £8,095,553 |
| Net Assets | £12,489,132 | £11,875,687 | £11,358,738 | £10,100,851 | £8,627,331 | £6,887,227 |
| Shareholder Funds | £12,489,132 | £11,875,687 | £11,358,738 | £10,100,851 | £8,627,331 | £6,887,227 |
| Turnover | £50,834,004 | £48,127,064 | £46,031,672 | £34,862,452 | £28,523,652 | £32,353,663 |
| Cost of Sales | £38,162,392 | £37,060,969 | £34,853,775 | £27,307,256 | £22,287,554 | £26,451,587 |
| Gross Profit | £12,671,612 | £11,066,095 | £11,177,897 | £7,555,196 | £6,236,098 | £5,902,076 |
| Admin Expenses | £5,471,539 | £4,978,971 | £4,779,624 | £3,218,911 | £3,209,242 | £2,575,477 |
| Staff Costs | £13,648,003 | £12,434,032 | £11,041,659 | £9,740,927 | £8,468,827 | £9,085,005 |
| Operating Profit | £5,642,560 | £4,671,149 | £4,660,108 | £2,981,452 | £2,242,016 | £1,676,066 |
| Profit Before Tax | £5,517,512 | £4,609,723 | £4,610,852 | £2,963,579 | £2,136,096 | £1,482,115 |
| Tax | £1,404,067 | £1,092,774 | £852,965 | £490,059 | £395,992 | £293,041 |
| Profit for Period | £4,113,445 | £3,516,949 | £3,757,887 | £2,473,520 | £1,740,104 | £1,189,074 |
Filings
Recent filings only. See the full history on Companies House
| Date | Description | Made Up To | Pages | |
|---|---|---|---|---|
| 17 August 2026 | Full accounts | 31 December 2025 | ||
| 24 July 2026 | Confirmation statement with no updates | 19 July 2026 | ||
| 3 July 2026 | Appointment of a director | |||
| 30 March 2026 | Replacement filing for the appointment of a director | |||
| 30 September 2025 | Termination of appointment of a secretary |
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