MOOG READING LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-28
Confirmation statement due
2026-06-15 (in 1mo)
Last made up 2025-06-01
Watchouts
Cash
£321
-99.8% vs 2023
Net assets
£6M
-48.6% vs 2023
Employees
130
+2.4% vs 2023
Profit before tax
-£6M
-173.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
Accordingly the financial statements have been prepared on a basis other than going concern as described in the accounting policies note 1.3
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-09-28
| Metric | Trend | 2018-09-29 | 2019-09-28 | 2020-10-03 | 2021-10-02 | 2022-10-01 | 2023-09-30 | 2024-09-28 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £20,441,482 | £19,918,095 | |
| Operating profit | — | — | — | — | — | -£1,937,068 | -£5,722,794 | |
| Profit before tax | — | — | — | — | — | -£2,243,465 | -£6,138,255 | |
| Net profit | — | — | — | — | — | -£2,244,368 | -£5,276,905 | |
| Cash | — | — | — | — | — | £167,465 | £321 | |
| Total assets less current liabilities | — | — | — | — | — | £15,059,292 | £9,373,118 | |
| Net assets | — | — | — | — | — | £10,867,677 | £5,590,772 | |
| Equity | £18,916,678 | £19,632,012 | £18,347,623 | £18,587,020 | £13,112,045 | £10,867,677 | £5,590,772 | |
| Average employees | — | — | — | — | — | 127 | 130 | |
| Wages | — | — | — | — | — | £5,605,435 | £5,943,350 | |
| Directors' remuneration | — | — | — | — | — | £125,619 | £121,197 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-09-28 vs 2023-09-30
-
Turnover
-2.6%
£20,441,482 £19,918,095
-
Cash
-99.8%
£167,465 £321
-
Net assets
-48.6%
£10,867,677 £5,590,772
-
Employees
+2.4%
127 130
-
Operating profit
-195.4%
-£1,937,068 -£5,722,794
-
Profit before tax
-173.6%
-£2,243,465 -£6,138,255
-
Wages
+6%
£5,605,435 £5,943,350
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-09-29 | 2019-09-28 | 2020-10-03 | 2021-10-02 | 2022-10-01 | 2023-09-30 | 2024-09-28 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | -9.5% | -28.7% | |
| Net margin | — | — | — | — | — | -11.0% | -26.5% | |
| Return on capital employed | — | — | — | — | — | -12.9% | -61.1% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 51.9% | 69.5% | |
| Current ratio | — | — | — | — | — | 2.46x | 1.76x | |
| Interest cover | — | — | — | — | — | -6.32x | -13.58x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- MOOG READING LIMITED 2017-10-02 → present
- MOOG COMPONENTS GROUP LIMITED 2006-03-14 → 2017-10-02
- I.D.M. ELECTRONICS LIMITED 1957-07-01 → 2006-03-14
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Edwin Smith
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Accordingly the financial statements have been prepared on a basis other than going concern as described in the accounting policies note 1.3”
Significant events
- “In February 2025 the group consulted on the future of the Space and Defence operations of the business. The result of the consultation was a decision to cease production from the Reading site.”
- “Due to a group restructure, the directors intend to cease trading in FY26, Accordingly, these financial statements are prepared on a basis other than the going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BHAMRA, Tejinder | Secretary | 2025-04-16 | — | — |
| DASCANO, Joseph Michael | Director | 2024-11-20 | Dec 1981 | American |
| WOODMAN, Robert Clive | Director | 2024-11-20 | Mar 1976 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASH, Grahame David | Secretary | 2002-02-01 | 2004-02-17 |
| HAGGETT, Christopher Mark | Secretary | — | 1999-03-30 |
| HUTCHINGS, Leon Derek | Secretary | 2004-05-19 | 2013-10-08 |
| MARTIN, Nicholas | Secretary | 2019-10-24 | 2024-10-10 |
| MARTIN, Terry | Secretary | 2013-10-10 | 2019-10-24 |
| MASON, Steven Richard | Secretary | 2000-05-03 | 2001-12-31 |
| O'LEARY, Shannon | Secretary | 2024-10-14 | 2025-04-16 |
| SCOTT, Geoffrey Morrow | Secretary | 1999-06-01 | 2000-05-03 |
| BALL, Larry | Director | 2005-08-03 | 2017-10-01 |
| BROCCI, John Frederick | Director | 1998-03-31 | 2005-07-26 |
| BYRNE-SAFIER, Janet Marie | Director | 2019-05-17 | 2022-03-10 |
| CAMPBELL, Brian Phillip | Director | 2000-02-01 | 2005-07-26 |
| CAWLEY, Lawrence Joseph | Director | — | 1998-03-31 |
| CLOUGH, Stephen Kenneth | Director | — | 1998-06-24 |
| CURTIS, Steven John | Director | 2017-10-01 | 2019-10-24 |
| HAGGETT, Christopher Mark | Director | — | 1999-03-30 |
| HARVEY, Patrick Ronald | Director | 2011-01-01 | 2013-11-15 |
| HAYS, James R | Director | — | 1992-05-26 |
| HUCKVALE, Stephen Archer, Dr | Director | 2005-07-26 | 2010-12-31 |
| KIRK, Patrick Thomas | Director | 1999-01-01 | 2000-02-01 |
| LAYNE, Miranda Bradley | Director | 2019-10-24 | 2025-04-16 |
| MARTIN, Nicholas | Director | 2023-06-15 | 2024-10-10 |
| MUSCATELLO, James Russell | Director | 2014-11-17 | 2019-05-17 |
| NORMAN, David John | Director | 1999-06-01 | 2021-06-29 |
| PARKER-WHITE, Pamela | Director | 2015-03-05 | 2017-10-01 |
| SCHAEFER, Steven | Director | 2000-12-04 | 2004-04-30 |
| SMITH, Matthew James | Director | 2020-03-25 | 2023-06-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Moog Controls Ltd | Corporate entity | Shares 75–100% | 2016-06-01 | Active |
Filing timeline
Last 20 of 160 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-04-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-04-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-14 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-10-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-10-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-06-15 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-27 | AA | accounts | Accounts with accounts type full | |
| 2022-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-10 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-30 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.