MEARS GROUP PLC financials
MEARS GROUP PLC
Country: GB Reporting currency: GBP Latest annual report: 2025-12-31
LEI:
213800DHCALLH8IRJV57 ISIN: GB0005630420 Financial statements
(GBP, as reported — unscaled; 93 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | £1.14B | £1.13B |
| Cost of sales | £869.6M | £879.3M |
| Gross profit | £265.8M | £253.3M |
| Administrative expenses | £190.8M | £181.7M |
| Operating profit (EBIT) | £75.0M | £71.5M |
| Finance costs | £16.1M | £13.8M |
| Profit before tax | £63.5M | £64.1M |
| Income tax expense | £17.5M | £17.2M |
| Profit for the year | £45.9M | £46.9M |
| Total comprehensive income | £45.9M | £48.5M |
| Cash flow statement | ||
| Net cash from operating activities | £112.7M | £128.8M |
| Net cash from investing activities | -£37.5M | -£3.6M |
| Purchase of PP&E (capex) | £45.2M | £29.8M |
| Purchase of intangibles | £1.7M | £1.4M |
| Net cash from financing activities | -£114.8M | -£147.1M |
| Dividends paid | £13.9M | £12.9M |
| Repayments of borrowings | £0 | £11.2M |
| Lease liability payments | £68.3M | £57.9M |
| Balance sheet | ||
| Total assets | £740.1M | £701.3M |
| Non-current assets | £517.2M | £474.8M |
| Property, plant & equipment | £51.9M | £38.8M |
| Right-of-use assets | £289.3M | £272.2M |
| Intangible assets & goodwill | £118.2M | £121.9M |
| Current assets | £222.9M | £226.5M |
| Inventories | £824.0K | £1.2M |
| Trade & other receivables | £155.0M | £133.2M |
| Cash & equivalents | £48.5M | £91.4M |
| Total equity | £204.8M | £187.5M |
| — attributable to owners | £201.7M | £184.1M |
| Non-controlling interests | £3.1M | £3.4M |
| Non-current liabilities | £254.4M | £243.9M |
| Lease liabilities (non-current) | £238.1M | £230.6M |
| Current liabilities | £280.9M | £270.0M |
| Lease liabilities (current) | £80.7M | £66.9M |
| Trade & other payables | £185.0M | £192.3M |
| Deferred tax liabilities | £5.6M | £3.5M |
| Derived metrics | ||
| Free cash flow | £67.4M | £99.0M |
| Operating margin | 6.6% | 6.3% |
| Net margin | 4.0% | 4.1% |
| Return on equity | 22.4% | 25.0% |
| Cash conversion ratio | 2.45× | 2.74× |
| Capex coverage | 2.49× | 4.32× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | £263.0K | £290.0K |
| Adjustments For Decrease Increase In Trade Account Receivable | -£24.7M | -£7.0M |
| Adjustments For Increase Decrease In Trade Account Payable | -£5.2M | £7.6M |
| Cancellation of Treasury Shares | -£16.2M | -£40.3M |
| Cash Advances and Loans Made To Other Parties Classified As Investing Activities | £3.2M | £0 |
| Cash and Cash Equivalents If Different From Statement of Financial Position | £51.8M | £91.4M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £8.9M | £0 |
| Cash Receipts From Repayment of Advances and Loans Made To Other Parties Classified As Investing Activities | £110.0K | £0 |
| Current Provisions | £6.0M | £10.8M |
| Current Tax Assets Current | £186.0K | £730.0K |
| Decrease Increase Through Tax On Sharebased Payment Transactions | £2.3M | £565.0K |
| Dividends Received Classified As Investing Activities | £0 | £147.0K |
| Equity and Liabilities | £740.1M | £701.3M |
| Finance Income | £4.5M | £5.4M |
| Gain Loss On Remeasurement of Reimbursement Rights | £296.0K | £516.0K |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | -£3.0K | £537.0K |
| Income Taxes Paid Refund Classified As Operating Activities | £15.7M | £17.4M |
| Increase Decrease In Cash and Cash Equivalents | -£39.6M | -£21.9M |
| Increase Decrease Through Exercise of Options | £6.0K | £6.0K |
| Increase Decrease Through Other Distributions To Owners | £552.0K | — |
| Increase Decrease Through Sharebased Payment Transactions | £199.0K | £2.6M |
| Increase Decrease Through Transfers and Other Changes Equity | — | £0 |
| Increase Decrease Through Treasury Share Transactions | -£1.6M | -£11.7M |
| Intangible Assets Other Than Goodwill | £9.7M | £6.2M |
| Interest Paid Classified As Financing Activities | £15.4M | £13.3M |
| Interest Received Classified As Investing Activities | £3.0M | £4.0M |
| Investment Accounted For Using Equity Method | £3.8M | £2.3M |
| Issue of Equity | £60.0K | £251.0K |
| Issued Capital | £3.5M | £3.5M |
| Liabilities | £535.3M | £513.9M |
| Liabilities Included In Disposal Groups Classified As Held For Sale | £9.1M | £0 |
| Merger Reserve | £8.0M | £8.0M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | £18.4M | £0 |
| Noncurrent Receivables | £20.2M | £10.2M |
| Other Adjustments To Reconcile Profit Loss | £94.5M | £81.2M |
| Other Comprehensive Income | -£9.0K | £1.6M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | £284.0K | £2.7M |
| Other Inflows Outflows of Cash Classified As Financing Activities | £552.0K | £0 |
| Other Inflows Outflows of Cash Classified As Investing Activities | £0 | £7.1M |
| Other Longterm Provisions | £10.7M | £9.8M |
| Other Reserves | £274.0K | £231.0K |
| Payments To Acquire Or Redeem Entitys Shares | £17.8M | £52.0M |
| Proceeds From Issuing Other Equity Instruments | £6.0K | £6.0K |
| Proceeds From Issuing Shares | £60.0K | £251.0K |
| Proceeds From Other Longterm Assets Classified As Investing Activities | £18.1M | £16.3M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £305.0K | £141.0K |
| Recognised Assets Defined Benefit Plan | £24.1M | £23.2M |
| Reserve of Sharebased Payments | £4.6M | £3.6M |
| Retained Earnings | £199.3M | £183.8M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | £12.0K | £1.0M |
| Treasury Shares | £13.9M | £15.0M |
Methodology
Every line item above is a fact tagged in MEARS GROUP PLC's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (GBP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.