£2.74m
+7%vs Mar 2024Active05742297Private limited companyNewcastle Upon Tyne
MTREC LIMITED
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
01
Summary
MTREC LIMITED is an active private limited company (company number 05742297) incorporated on 14 March 2006, registered in Newcastle Upon Tyne. Its registered activity is temporary employment agency activities (SIC 78200). Latest full accounts cover the period ending 30 March 2025, showing net assets of £2.74m and cash of £1.41m, with 118 employees on average. Net assets rose 7% on the prior period (£2.56m).
Peer position · net assets
By net assets it sits in the top quarter of 92 comparable companies in Newcastle (median £2,799, upper quartile £62k).
02
Key dates
- Incorporated
- 14 March 200620 yrs ago
- Next accounts due
- 30 December 2026in 69 days
- Confirmation statement due
- 28 March 2027in 157 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 78200
- Temporary employment agency activities
- Accounts type
- Full
- Size band
- SmallCompanies Act thresholds
04
Financials
£1.41m
−25%vs Mar 2024Not reported
118
−12%vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 March 2025 | £2.74m | £1.41m | £4.61m | £2.50m | — | £530k | 118 |
| 31 March 2024 | £2.56m | £1.88m | £4.68m | £4.39m | — | £717k | 134 |
| 26 March 2023 | — | — | — | — | — | — | — |
Current ratio2.41Current assets ÷ creditors within one year
Cash per employee£12kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Filing and accounts signals
- Net assets above zeroNet assets £2,735,285 at 30 March 2025
- Current assets at least 1.5× creditors within one yearCurrent ratio 2.41
- Cash at bank of £50,000 or moreCash £1,414,936
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 14 March 2006
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
06
Ownership and control
- Mr David Musgrave
- holds 50–75% of voting rights
- Mr Yuichi Kamata
- has significant influence or control
- Mr Yutaka Nishida
- has significant influence or control
- Open Up Group Inc.
- owns 75–100% of shares
- can appoint or remove directors
- Mr James Stephen Doyle
- holds 25–50% of voting rights
- Mr Robin Armstrong
- owns 75–100% of shares
- holds 75–100% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 157 days
- Next accounts duein 69 days
- Accounts period endNet assets £2.74m · full accounts
- Accounts period endNet assets £2.56m · full accounts
- Accounts period end
- Incorporated
08
Similar companies in Newcastle
- PRIMARY CARE RECRUITMENT LTDNewcastle Upon Tyne · inc. Feb 2007
- NIGEL WRIGHT EMPLOYMENT SERVICES LIMITEDNewcastle Upon Tyne · inc. Feb 2007
- TESMONARD LIMITEDGosforth · inc. Dec 2004
- KCR SOLUTIONS LIMITEDNewcastle Upon Tyne · inc. Jun 2004
- FIRST CLASS SUPPLY & TUTORING LIMITEDTyne And Wear · inc. Feb 2004
- CLEARWORKS LIMITEDSunderland · inc. Jun 2008
All companies incorporated on 14 March 2006 · in Mar 2006.
09
Reminders for MTREC LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.