MIDLAND BUILDING PRODUCTS LIMITED
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Cash
£2.6M
+2.5% vs 2024
Net assets
£6.2M
+31.7% vs 2024
Employees
149
-2% vs 2024
Profit before tax
£1.5M
+42.6% vs 2024
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £20,922,910 | £22,042,788 | +5.4% | |
| Operating profit | £817,823 | £1,255,432 | +53.5% | |
| Profit before tax | £1,040,585 | £1,483,781 | +42.6% | |
| Net profit | £771,246 | £1,496,776 | +94.1% | |
| Cash | £2,553,288 | £2,618,139 | +2.5% | |
| Total assets less current liabilities | £5,521,955 | £6,706,676 | +21.5% | |
| Net assets | £4,725,743 | £6,222,519 | +31.7% | |
| Equity | £4,725,743 | £6,222,519 | +31.7% | |
| Average employees | 152 | 149 | -2% | |
| Wages | £5,564,411 | £5,622,535 | +1% | |
| Directors' remuneration | £1,298,357 | £1,213,351 | -6.5% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 3.9% | 5.7% | |
| Net margin | 3.7% | 6.8% | |
| Return on capital employed | 14.8% | 18.7% | |
| Current ratio | 1.18x | 1.37x | |
| Interest cover | 26.72x | 48.52x |
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
- MIDLAND BUILDING PRODUCTS LIMITED 1991-04-08 → present
- OSLO MANAGEMENT LIMITED 1990-12-05 → 1991-04-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Muras Baker Jones Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- MIDLAND BUILDING PRODUCTS LIMITED · parent
- ZMR Ltd 25%
- Door-kit Solutions Ltd 20%
- Leeds Doors & Cubicles Ltd 20%
- Fire & Acoustic Seals Ltd 20%
- Southern Doors & Cubicles Ltd 20%
- Specialist Joinery Products Ltd 20%
- Manchester Doors & Cubicles Ltd 20%
- UK Doorsets Limited 24%
Significant events
- “The year ended 31st March 2025 showed a increase in turnover and profitability following the downturn in 2023/24 in the construction industry. Turnover increased by 5.35%.”
- “The company experienced a 11% increase in turnover for the first 11 months of 2025-26 compared to the corresponding period in 2024-25, with a consequent increase in profitability.”
- “There have been a number of corporate failures in 2025, but the company has largely been unaffected as a result of maintaining a prudent stategy on credit risk and continuing to maintain credit insurance to mitigate such risk.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VANN, Jason William | Secretary | 2019-11-30 | — | — |
| FINNEY, Daniel Thomas | Director | 2023-06-12 | May 1986 | British |
| FINNEY, Michael Allen | Director | 2023-06-12 | Feb 1988 | British |
| MCGUIRE, Thomas Patrick | Director | 2023-05-02 | Oct 1996 | British |
| VANN, Jason William | Director | 2023-04-03 | Nov 1970 | British |
| WADE, Adrian Paul | Director | 2021-02-01 | Apr 1966 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| VANN, John Joseph | Secretary | — | 2019-11-30 |
| CRANE, Kenneth Frank | Director | — | 2021-02-25 |
| FINNEY, Martyn Thomas | Director | — | 2023-06-12 |
| MCGUIRE, Peter John | Director | — | 2023-05-02 |
| VANN, John Joseph | Director | — | 2022-10-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Jason William Vann | Individual | Voting 25–50% | 2023-05-02 | Active |
| Mr Thomas Patrick Mcguire | Individual | Shares 25–50%, Voting 25–50% | 2023-05-02 | Active |
| Mr Martyn Thomas Finney | Individual | Voting 25–50% | 2021-02-28 | Ceased 2023-04-01 |
Filing timeline
Last 20 of 120 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | AA | accounts | Accounts with accounts type full | |
| 2025-08-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-25 | AA | accounts | Accounts with accounts type full | |
| 2024-08-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-20 | AA | accounts | Accounts with accounts type full | |
| 2023-06-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-05-22 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-22 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-29 | AA | accounts | Accounts with accounts type full | |
| 2022-10-26 | TM01 | officers | Termination director company with name termination date | |
| 2022-05-20 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-05-20 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement |
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.