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Next accounts due

2026-07-31 (in 2mo)

Last filed for 2024-10-31

Confirmation statement due

2026-06-09 (in 1mo)

Last made up 2025-05-26

Watchouts

None on the register

Cash

£410K

+102.8% vs 2023

Net assets

£5M

+0.1% vs 2023

Employees

149

-11.3% vs 2023

Profit before tax

£51K

-92.9% vs 2023

Accounts

3-year trend · latest reflected 2024-10-31

Metric Trend 2022-10-312023-10-312024-10-31
Turnover £17,972,806£13,040,942
Operating profit £782,858£91,835
Profit before tax £716,562£50,653
Net profit £562,670£5,797
Cash £202,331£410,336
Total assets less current liabilities £5,302,700£5,226,607
Net assets £4,875,309£4,881,106
Equity £3,484,347£4,875,309£4,881,106
Average employees 168149
Wages £6,231,063£5,232,103
Directors' remuneration £602,524£607,207

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 2024-10-31 vs 2023-10-31

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 2022-10-312023-10-312024-10-31
Operating margin 4.4%0.7%
Net margin 3.1%0.0%
Return on capital employed 14.8%1.8%
Current ratio 2.40x2.60x
Interest cover 11.81x2.23x

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 1 time since incorporation

  1. MILTON KEYNES PRESSINGS LIMITED 1989-11-08 → present
  2. SWAPGOOD LIMITED 1989-10-02 → 1989-11-08

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Mercer & Hole LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“It is the duty of the directors to consider the ability of the group to continue to trade for the foreseeable future and in doing this the directors have considered any uncertainties in the market, available funding and any other economic factors which may impact the ability of the group to trade in the future. The directors are confident that the level of business expected for the group over the next financial year, combined with the current level of net cash resources means that the group has more than adequate funding to continue its activities for the foreseeable future. There are no areas of material uncertainty that may have any impact on the group's business and the directors are therefore confident that it is appropriate to prepare the financial statements of the group on a going concern basis.”

Group structure

  1. MILTON KEYNES PRESSINGS LIMITED · parent
    1. MKP Office Furniture Ltd 100% · United Kingdom · Manufacture of steel office furniture
    2. Ryleand Toolmakers Ltd 100% · United Kingdom · Dormant
    3. Maine Office Limited 100% · United Kingdom · Manufacture of steel office furniture

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

9 active · 1 resigned

Name Role Appointed Born Nationality
READ, Michael Secretary British
CLORES, Mauro Director 2022-05-23 Oct 1962 Italian
DELLER, Lee Director 2022-05-23 Dec 1969 British
MOYLE, Stephen Derek Director 2022-05-23 Sep 1959 British
READ, Gary Director 2022-05-23 Aug 1977 British
READ, Hannah Director 2022-05-23 Aug 1981 British
READ, Lindsay Ann Director Mar 1952 British
READ, Michael Director Apr 1949 British
READ, Neal Director 2022-05-23 May 1980 British
Show 1 resigned officer
Name Role Appointed Resigned
WEBBER, Jan Director 2022-05-23 2025-03-12

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Michael Read Individual Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 145 total filings

Date Type Category Description
2026-02-05 MR04 mortgage Mortgage satisfy charge full PDF
2025-07-31 AA accounts Accounts with accounts type group PDF
2025-06-23 PSC04 persons-with-significant-control Change to a person with significant control PDF
2025-06-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-17 TM01 officers Termination director company with name termination date PDF
2024-06-03 AA accounts Accounts with accounts type group
2024-05-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-02-01 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-01-08 AD01 address Change registered office address company with date old address new address PDF
2024-01-08 CH01 officers Change person director company with change date PDF
2024-01-08 AD01 address Change registered office address company with date old address new address PDF
2023-05-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-26 AA accounts Accounts with accounts type group
2022-07-18 AA accounts Accounts with accounts type group
2022-06-16 CH01 officers Change person director company with change date PDF
2022-06-16 CH01 officers Change person director company with change date PDF
2022-06-16 CH01 officers Change person director company with change date PDF
2022-06-16 AP01 officers Appoint person director company with name date PDF
2022-05-27 CH01 officers Change person director company with change date PDF
2022-05-27 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page