MRT Castings Limited
Registered name: MRT CASTINGS LIMITED
Part of Morris Rawnson & Taylor Group Limited groupMRT 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.
- 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.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full 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) | 72 | 76 | 63 | 54 |
| Ratios | ||||
| Profit margin | −3.6% | −4% | −12.1% | −13.2% |
| Gross margin | 32.4% | 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 |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
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.
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.
Group structure
Ownership chain
- Morris Rawnson & Taylor Group Limitedultimate parent75–100%
- 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).
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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.