MILTON KEYNES PRESSINGS LIMITED
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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
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-10-31
| Metric | Trend | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|
| 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 | — | 168 | 149 | |
| 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
-
Turnover
-27.4%
£17,972,806 £13,040,942
-
Cash
+102.8%
£202,331 £410,336
-
Net assets
+0.1%
£4,875,309 £4,881,106
-
Employees
-11.3%
168 149
-
Operating profit
-88.3%
£782,858 £91,835
-
Profit before tax
-92.9%
£716,562 £50,653
-
Wages
-16%
£6,231,063 £5,232,103
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 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|
| Operating margin | — | 4.4% | 0.7% | |
| Net margin | — | 3.1% | 0.0% | |
| Return on capital employed | — | 14.8% | 1.8% | |
| Current ratio | — | 2.40x | 2.60x | |
| Interest cover | — | 11.81x | 2.23x |
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
- MILTON KEYNES PRESSINGS LIMITED 1989-11-08 → present
- 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
- MILTON KEYNES PRESSINGS LIMITED · parent
- MKP Office Furniture Ltd 100%
- Ryleand Toolmakers Ltd 100%
- Maine Office Limited 100%
Significant events
- “group made a small profit in a very difficult business environment. Turnover fell by 25%”
- “Headcount fell in the year by 17%”
- “received a gold supplier award from Caterpillar”
- “included in the Grant Thornton top 50 privately owned companies in Milton Keynes”
- “directors are focused on continual improvement of ESG targets and have partnered with EcoVadis to measure and improve our KPIs in all areas, with a particular focus on our carbon footprint.”
- “confident that profits for the coming year will increase”
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 | |
| 2025-07-31 | AA | accounts | Accounts with accounts type group | |
| 2025-06-23 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-03 | AA | accounts | Accounts with accounts type group | |
| 2024-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-08 | CH01 | officers | Change person director company with change date | |
| 2024-01-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 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 | |
| 2022-06-16 | CH01 | officers | Change person director company with change date | |
| 2022-06-16 | CH01 | officers | Change person director company with change date | |
| 2022-06-16 | AP01 | officers | Appoint person director company with name date | |
| 2022-05-27 | CH01 | officers | Change person director company with change date | |
| 2022-05-27 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.