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Company No. 03150165 · Incorporated 24 Jan 1996

MRT Castings Limited

Registered name: MRT CASTINGS LIMITED

Part of Morris Rawnson & Taylor Group Limited group

MRT Castings Limited made £4.6m revenue and a £604k loss in the year to 31 Mar 2025. read from filing text

MRT Castings Limited’s revenue fell 28% to £4.6m in the year to 31 Mar 2025, with a loss of £604k and 54 employees. The company is classified under “casting of light metals” and is based in Andover; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 24530Casting of light metals
Status
Active
Location
Andover, South West
Age
30 yrs · since 1996
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The smallest and largest group into which these financial statements are consolidated is that of the parent company, Morris Rawnson & Taylor Group Limited, a company incorporated in England and Wales.”

Latest accounts · year to 31 Mar 2025

Key figures

Revenue
£4.6m
Growth ▼28.1%
Profit
−£604k
Growth —
Profit margin
−13.2%
Gross 39.4%
Employees
54
Change ▼14.3%
Profit / employee
−£11.2k
Revenue/employee £84.8k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£8.6m£8.5m£6.4m£4.6m
Cost of sales£5.8m£5.8m£4.3m£2.8m
Gross profit£2.8m£2.7m£2.1m£1.8m
Operating profit−£160k−£439k−£964k−£912k
Profit before tax−£161k−£435k−£960k−£911k
Profit after tax−£307k−£342k−£772k−£604k
Profit (best available)−£307k−£342k−£772k−£604k
Staff costs£3m£3.5m£3.1m£2.3m
Employees (average)72766354
Ratios
Profit margin−3.6%−4%−12.1%−13.2%
Gross margin32.4%32.3%32.6%39.4%
Revenue per employee£120k£112k£101k£84.8k
Profit per employee−£4.3k−£4.5k−£12.3k−£11.2k
Growth (year on year)
Revenue growth—▼1.4%▼25.2%▼28.1%
Headcount growth—▲5.6%▼17.1%▼14.3%
Balance sheet — indirect signals, not revenue
Cash at bank£839k£408k£424k£191k
Net assets£5.4m£5m£4.2m£3.6m
Fixed assets£3.9m£3.7m£3.2m£2.7m
Current assets£3.1m£2.7m£2m£1.7m
Debtors£1.2m£1.3m£828k£785k
Deferred income£65.4k£0£67.1k£56.8k
SourceFullAccounts · bulk data Nov 2023FullAccounts · bulk data Nov 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
−13.2%
Profit ÷ revenue.
Gross margin
39.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£84.8k
Revenue ÷ average employees.
Profit per employee
−£11.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
59.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
17.2%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▼14%
Now £3.6m
Cash at bank
▼55%
Now £191k
Headcount
▼14%
Now 54
Deferred income
▼15%
Now £56.8k
Fixed assets
▼15%
Now £2.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Morris Rawnson & Taylor Group Limitedultimate parent75–100%
  2. MRT Castings Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£604k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.