MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD.

Active
Company number SC191805Private limited companyIncorporated 1998

Key figures

£15,035,000-67.0%
Net assets 2024/25
-67.0%
Average annual change 2023/24–2024/25
020 m40 m60 m2023/242024/25

† MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD. filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024/25

Sector comparison

SIC 27510

Where the company stands among the 367 active companies whose first SIC code is 27510 (Manufacture of electric domestic appliances).

Net assets£15,035,000
Higher than 95% · median £14,430
Total assets£170,836,000
Higher than 97% · median £117,550
Cash£2,360,000
Higher than 85% · median £52,301
Employees1,426
Higher than 97% · median 1
Company age27.9 years
Older than 86% · median 7.5 years
Largest in this sector by net assets
  1. HOLMES PRODUCTS (EUROPE) LIMITED£3bn
  2. NUMATIC INTERNATIONAL LIMITED£201.9m
  3. NOVAR ED&S LIMITED£96.2m
  4. GLEN DIMPLEX UK LIMITED£67.1m
  5. R K WHOLESALE LIMITED£61.4m
  6. SCHNEIDER ELECTRIC CONTROLS UK LIMITED£30.2m
  7. ACTEGY LIMITED£20.5m
  8. MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD.£15m
  9. ELECRO ENGINEERING LIMITED£11.3m
  10. WARMUP PLC£9.2m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 367. The line on each bar marks the median.

Summary: MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD.

What kind of company is it?

MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD. is a private limited company registered with Companies House under company number SC191805. It was incorporated on 8 Dec 1998. Its status is active. The registered office is in Houstoun industrial estate (EH54). Its nature of business (SIC 2007) is manufacture of electric domestic appliances (27510), manufacture of non-domestic cooling and ventilation equipment (28250).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files full accounts. Turnover was £192,488,000. Loss for the year was £32,963,000. Net assets were £15,035,000, down 67% on the previous year. Cash at bank and in hand was £2,360,000. Total assets were £170,836,000 and total liabilities £153,003,000. The company had an average of 1,426 employees. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 367 active companies whose first SIC code is 27510: By net assets it ranks higher than 95% of them (median £14,430). By total assets it ranks higher than 97% of them (median £117,550). By cash it ranks higher than 85% of them (median £52,301). By number of employees it ranks higher than 97% of them (median 1). It is older than 86% of them (median age 7.5 years).

Has it received government grants?

It is recorded as the recipient of one central government grant worth £27.1k, from Department for Business, Energy and Industrial Strategy.

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Global Business Mobility: Senior or Specialist Worker, Skilled Worker). In its latest payment practices report it took an average of 52 days to pay suppliers, and 1% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 9.1% lower than for men.

Who runs and controls the company?

One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 22 Dec 2026.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover294,012,000192,488,000
Profit for the year-4,555,000-32,963,000
Cash at bank and in hand7,327,0002,360,000
Total assets188,246,000170,836,000
Total liabilities134,856,000153,003,000
Net assets / total equity45,576,00015,035,000
Average number of employees1,7811,426

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Government grants

1 grant

MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD. is recorded as the recipient of 1 central government grant, worth £27.1k.

Grant
  1. Glasgow Caledonian University and Mitsubishi Electric Air Conditioning Systems Europe LimitedDepartment for Business, Energy and Industrial Strategy · £27,084 · UKRI - Innovate UK - Scheme 22/23

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Statutory reporting

Payment practices1 Apr 2026 – 30 Sep 2026
Average time taken to pay invoices
52 days
Invoices not paid within agreed terms
1%
Standard payment terms
3–90 days
  • Within 30 days 26%
  • 31 to 60 days 57%
  • After 60 days 17%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Mar 2026
52
23%
0%
30 Sep 2025
54
23%
0%
31 Mar 2025
52
24%
1%
30 Sep 2024
54
21%
0%
31 Mar 2024
53
24%
1%
30 Sep 2023
53
28%
2%
31 Mar 2023
54
26%
2%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 9.1% lower
Mean hourly pay
women 9.4% lower
Median bonus pay
women 0.7% lower
Employer size
1000 to 4999 employees
Lower pay quarter39.8% womenLower middle36% womenUpper middle43.3% womenUpper pay quarter22.2% women
Earlier years (7)
Year
Median hourly pay
Mean hourly pay
2024/25
women 6.5% lower
women 8.1% lower
2023/24
women 3.9% lower
women 5.4% lower
2022/23
women 3.7% lower
women 4.8% lower
2021/22
women 3.4% lower
women 6.3% lower
2020/21
women 6.5% lower
women 8.5% lower
2018/19
women 11.7% lower
women 12.1% lower
2017/18
women 11.7% higher
women 8.8% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Routes
Global Business Mobility: Senior or Specialist Worker, Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

4 events
  1. Financial year 2024/25 endedAccounts: turnover £192.5m, net assets £15m, 1,426 employees
  2. Financial year 2023/24 endedAccounts: turnover £294m, net assets £45.6m, 1,781 employees
  3. Mitsubishi Electric Corporation registered as a person with significant control
  4. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.