High hazard industries demand exceptional safety standards, and since 1969 we’ve made it our business to deliver exactly that. Blast, fire, noise: our design and engineering teams have been working together to solve some of industry’s toughest safety challenges and create breakthrough innovations. Blast, fire and heat hazards: our design and engineering teams have been working together to solve some of industry's toughest safety challenges and create breakthrough innovations. Designing bespoke solutions to specific performance criteria, manufacturing fully certified products and successfully installing them on site. In short, providing a complete turnkey service for the safety of people and equipment.

Employee Rating

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TypePrivate
HQDarlington, GB
Founded1969
Size (employees)224 (est)
Websitemechtool.co.uk
Mech-Tool Engineering was founded in 1969 and is headquartered in Darlington, GB
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Mech-Tool Engineering Office Locations

Mech-Tool Engineering has offices in Darlington, Houston, Middlesbrough, Aberdeen City and in 3 other locations
Darlington, (HQ)
Whessoe Rd
Aberdeen,
72 Carden Pl
Aberdeen City,
72 Carden Pl
Middlesbrough,
Riverside Park Rd
Middlesbrough,
Dawsons Wharf Riverside Park Rd
Houston,
11490 Westheimer Rd
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Mech-Tool Engineering Financials and Metrics

Summary Metrics

Founding Date

1969

Mech-Tool Engineering Revenue

Mech-Tool Engineering's revenue was reported to be £27.02 m in FY, 2017
GBP

Revenue (FY, 2017)

27.0m

Gross profit (FY, 2017)

(1.2m)

Gross profit margin (FY, 2017), %

(4.4%)

Net income (FY, 2017)

(4.2m)

EBITDA (FY, 2017)

(5.3m)

EBIT (FY, 2017)

(5.8m)

Cash (31-Mar-2017)

2.0m
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3.2m6.0m5.7m7.4m7.3m9.8m17.5m16.3m14.2m16.4m15.2m26.2m35.3m27.5m27.0m

Revenue growth, %

35%(22%)

Cost of goods sold

2.8m5.3m4.8m6.7m6.4m8.6m15.8m14.8m12.3m20.3m28.3m21.6m28.2m

Gross profit

469.0k691.0k900.0k691.0k855.0k1.2m1.7m1.5m3.0m5.9m7.0m5.8m(1.2m)
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

12.0k79.0k266.0k257.0k169.0k355.9k343.7k574.2k2.4m1.2m3.9m2.3m1.5m6.3m3.6m2.0m

Accounts Receivable

969.0k1.2m1.2m1.1m950.0k1.5m2.6m2.9m4.8m2.7m4.4m2.0m3.8m9.4m6.9m8.4m11.5m

Inventories

69.0k99.0k55.0k88.0k84.0k75.0k268.2k371.6k124.2k41.1k41.3k94.6k446.6k1.2m1.6m620.9k686.5k

Current Assets

4.0m3.8m1.8m2.1m2.8m2.1m3.3m3.8m5.7m5.3m5.9m6.2m6.8m13.1m18.1m15.1m20.0m
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(42.0k)(211.0k)85.0k129.0k(200.0k)54.0k241.4k27.7k545.3k366.0k362.1k778.1k756.4k2.4m3.1m3.5m(4.2m)

Cash From Operating Activities

1.9m274.0k52.0k62.0k290.2k(127.4k)695.8k1.7m(129.1k)3.5m(1.3m)(264.5k)6.5m1.2m51.5k

Dividends Paid

89.0k318.0k10.0k

Cash From Financing Activities

(26.0k)(3.0k)(9.0k)22.0k106.7k296.9k92.2k734.8k(287.2k)(718.4k)(90.3k)(69.4k)(899.5k)(821.0k)
GBPY, 2017

Revenue/Employee

176.0k

Financial Leverage

3.7 x
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Mech-Tool Engineering Online and Social Media Presence

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Mech-Tool Engineering Blogs

MTE Delivers contract for R&M Oil and Gas Services

We are delighted to have recently completed a contract with R&M Oil & Gas Services in which our world renowned Windwall Cladding Solutions was delivered and installed to the Montrose International Gas Field. Repsol Sinopec Resources UK Limited sanctioned the Read more › The post MTE Deli…

MTE is Attending NOF’s Annual Business Dinner

We are delighted to be attending NOF Energy’s Annual Business Dinner. Held at Hardwick Hall Hotel in Sedgefield on Thursday 6th December, the event is set to see many industry professionals come together to celebrate key achievements as the year Read more › The post MTE is Attending NOF’s Annual…

MTE Listed as One of North East’s Largest 200 companies in the Journal Annual Top 200 Event

MTE is delighted to announce that this month we have been listed amongst the region’s largest 200 companies as part of The Journal’s annual top 200 event. The annual event and publication announces, and lists, the region’s largest companies by Read more › The post MTE Listed as One of North East…

MTE Delivers Contract for Sellafield Nuclear Decommissioning Site

We’re pleased to announce that we have recently completed a contract supplying two modularised stainless steel switchrooms and an HVAC solution to one of the UK’s largest and most complex nuclear site. Awarded by Amec Foster Wheeler, now part of Read more › The post MTE Delivers Contract for Sel…

Meet Mech-Tool Engineering at the EIC Connect Oil and Gas Event

Our BD Strategy and Proposals Director, Craig Rose and Group Proposals Manager, Martyn Hall will this week be attending the annual Energy Industries Council (EIC) Connect Oil and Gas event. Held on the 27th and 28th of November at Manchester Read more › The post Meet Mech-Tool Engineering at the…

MTE Attending OSEA 2018

Our Sales Manager, Ian Shoulder, has spent last week in Malaysia accompanied by our partner Jurunature, before heading to the OSEA exhibition this week in Singapore. Considered the largest and most established oil and gas industry event in Asia – Read more › The post MTE Attending OSEA 2018 appe…
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Mech-Tool Engineering Company Life and Culture

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Mech-Tool Engineering Frequently Asked Questions

  • When was Mech-Tool Engineering founded?

    Mech-Tool Engineering was founded in 1969.

  • How many employees does Mech-Tool Engineering have?

    Mech-Tool Engineering has 224 employees.

  • What is Mech-Tool Engineering revenue?

    Latest Mech-Tool Engineering annual revenue is £27 m.

  • What is Mech-Tool Engineering revenue per employee?

    Latest Mech-Tool Engineering revenue per employee is £120.6 k.

  • Who are Mech-Tool Engineering competitors?

    Competitors of Mech-Tool Engineering include BTS Group, Perma-Fix Environmental Services and Brekford Corp.

  • Where is Mech-Tool Engineering headquarters?

    Mech-Tool Engineering headquarters is located at Whessoe Rd, Darlington.

  • Where are Mech-Tool Engineering offices?

    Mech-Tool Engineering has offices in Darlington, Houston, Middlesbrough, Aberdeen City and in 3 other locations.

  • How many offices does Mech-Tool Engineering have?

    Mech-Tool Engineering has 9 offices.