MYCOM (UK) LIMITED
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Cash
£529k
+156.8% highest in 3 filed years
Net assets
-£4.3m
-145.6% lowest in 3 filed years
Employees
33
0% vs 2024
Profit before tax
-£2.5m
-2,943.2% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
We draw attention to note 1 in the financial statements, which indicates that the company is reliant on the financing within the group which is due to expire December 2026. As stated in note 1, these events or conditions, along with the other matters as set forth in note 1, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
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Negative shareholders' funds
Net assets
3-year trend · vs Telecommunications median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £29,159,745 | £30,585,000 | £26,689,000 | -12.7% | |
| Operating profit | £649,785 | £93,000 | -£2,480,000 | -2,766.7% | |
| Profit before tax | £645,693 | £88,000 | -£2,502,000 | -2,943.2% | |
| Net profit | £626,006 | -£13,000 | -£2,543,000 | -19,461.5% | |
| Cash | £211,024 | £206,000 | £529,000 | +156.8% | |
| Total assets less current liabilities | -£1,733,627 | -£1,747,000 | -£4,290,000 | -145.6% | |
| Net assets | -£1,733,627 | -£1,747,000 | -£4,290,000 | -145.6% | |
| Equity | -£1,733,627 | -£1,747,000 | -£4,290,000 | -145.6% | |
| Average employees | 36 | 33 | 33 | 0% | |
| Wages | £4,907,709 | £5,161,000 | £3,785,000 | -26.7% | |
| Directors' remuneration | £1,153,935 | £1,006,000 | £1,067,000 | +6.1% | |
| Directors' pension contributions | £30,986 | £14,000 | £11,000 | -21.4% | |
| Highest paid director | £453,935 | £472,000 | £317,000 | -32.8% |
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 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | 2.2% | 0.3% | -9.3% | |
| Net margin | 2.1% | -0.0% | -9.5% | |
| Gearing (liabilities / total assets) | 108.8% | 105.7% | 109.8% | |
| Current ratio | 0.90x | 0.95x | 0.91x | |
| Interest cover | — | 18.60x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- S&W Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to note 1 in the financial statements, which indicates that the company is reliant on the financing within the group which is due to expire December 2026. As stated in note 1, these events or conditions, along with the other matters as set forth in note 1, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.”
Significant events
- “The cost base of the Company has been subject to increased price pressure due to the prevailing economic environment, alongside customers looking to reduce their cost base.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCCLELLAND, Sara | Secretary | 2020-08-25 | — | — |
| BLIGH, Charles Edward | Director | 2025-06-03 | Mar 1968 | British |
| LADKI, Mounir Marc | Director | 2018-11-29 | Sep 1971 | French |
| NEWBEGIN, Tim Philip | Director | 2025-08-08 | Mar 1971 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ADL, Payman, Dr | Secretary | 2001-01-22 | 2005-02-01 |
| BOUCLIER, Hugues | Secretary | 2000-01-14 | 2001-01-22 |
| FREEZE, James Edward, Mr. | Secretary | 2013-04-16 | 2015-09-07 |
| MOKFI, Hamid | Secretary | 2011-03-28 | 2013-04-15 |
| NOURSADEGHI, Manijeh | Secretary | 2005-02-02 | 2011-03-28 |
| NOURSADEGHI, Manijeh | Secretary | 1996-09-06 | 2011-03-28 |
| SAMRA, Harjit Singh | Secretary | 2015-09-07 | 2020-04-29 |
| WATERLOW SECRETARIES LIMITED | Corporate Nominee Secretary | 1996-09-06 | 1996-09-06 |
| ADL, Payman, Dr | Director | 2005-02-01 | 2007-03-28 |
| CLARK, Oliver Ian David | Director | 2020-07-24 | 2020-12-11 |
| COLL, Andrew | Director | 2020-12-11 | 2025-10-31 |
| NOURSADEGHI, Manijeh | Director | 2000-01-14 | 2005-02-02 |
| SARBAZ, Siamak | Director | 1996-09-06 | 2018-11-26 |
| STEVENS, Matthew | Director | 2020-12-11 | 2023-09-05 |
| TAAGHOL, Payam | Director | 2007-03-28 | 2020-02-28 |
| WATERLOW NOMINEES LIMITED | Corporate Nominee Director | 1996-09-06 | 1996-09-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Magnate Holdco 2 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-11-26 | Active |
| Mr Siamak Sarbaz | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2018-11-26 |
Filing timeline
Last 20 of 142 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-08-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-08-06 | AA | accounts | Accounts with accounts type full | |
| 2026-05-27 | DISS40 | gazette | Gazette filings brought up to date | |
| 2026-05-26 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-11-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-05 | AA | accounts | Accounts with accounts type full | |
| 2025-06-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-09-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-23 | AA | accounts | Accounts with accounts type full | |
| 2024-06-14 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-05-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-09-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-20 | AA | accounts | Accounts with accounts type full | |
| 2023-06-17 | DISS40 | gazette | Gazette filings brought up to date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.