MDU SERVICES LIMITED
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Cash
£23m
+4.4% vs 2024
Net assets
£32m
+8.4% highest in 3 filed years
Employees
448
-0.4% vs 2024
Profit before tax
£3.3m
-22.7% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £67,520,000 | £72,690,000 | £80,746,000 | +11.1% | |
| Operating profit | £3,591,000 | £4,059,000 | £3,208,000 | -21% | |
| Profit before tax | £4,166,000 | £4,270,000 | £3,301,000 | -22.7% | |
| Net profit | £2,537,000 | £3,261,000 | £2,484,000 | -23.8% | |
| Cash | £24,387,000 | £22,443,000 | £23,435,000 | +4.4% | |
| Total assets less current liabilities | £30,528,000 | £33,562,000 | £35,807,000 | +6.7% | |
| Net assets | £26,414,000 | £29,675,000 | £32,159,000 | +8.4% | |
| Equity | £26,414,000 | £29,675,000 | £32,159,000 | +8.4% | |
| Average employees | 433 | 450 | 448 | -0.4% | |
| Wages | £30,957,000 | £32,380,000 | £34,362,000 | +6.1% | |
| Directors' remuneration | £1,033,000 | £897,000 | £963,000 | +7.4% | |
| Highest paid director | £299,000 | £316,000 | £402,000 | +27.2% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 5.3% | 5.6% | 4.0% | |
| Net margin | 3.8% | 4.5% | 3.1% | |
| Return on capital employed | 11.8% | 12.1% | 9.0% | |
| Gearing (liabilities / total assets) | 43.0% | 37.8% | 37.8% | |
| Current ratio | 2.44x | 2.92x | 2.91x | |
| Interest cover | 8.93x | 7.34x | 5.75x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As at the date of signing the financial statements, the Directors' forecasts for a period of at least one year following the date of signing these financial statements indicate that the company will be able to maintain liquidity and will therefore be able to continue to trade as a going concern. The Directors are constantly monitoring the position which could change this assessment in case any adverse scenarios become more likely than is judged to be the case currently.”
Group structure
- MDU SERVICES LIMITED · parent
- Medical Liability Services Limited
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 50 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DA CUNHA, Ian Joseph | Secretary | 2026-02-24 | — | — |
| FRYAR, Caroline Elizabeth, Dr | Director | 2024-04-17 | May 1977 | British |
| LEE, Matthew Thomas Wilton, Dr | Director | 2009-11-25 | Oct 1971 | British |
| MILLER, Kevin | Director | 2021-09-16 | Aug 1967 | British |
| NORFOLK, Thomas John, Dr | Director | 2022-09-20 | Feb 1970 | British |
| RILEY, Jeremy Hardwicke | Director | 2018-09-18 | Nov 1960 | British |
| WATKIN, Simon Wilfred, Dr | Director | 2017-09-19 | Feb 1960 | British |
| WEDDERBURN, Stella Elizabeth | Director | 2017-09-19 | Sep 1957 | British |
| WELLS, Edward Christian John | Director | 2020-11-23 | Jul 1955 | British |
| WINLOW, Mark | Director | 2025-12-31 | Apr 1962 | British |
| WRIGHT, Anthony Richard | Director | 2018-05-01 | Nov 1971 | English |
Show 50 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLOXHAM, Sally Elizabeth | Secretary | 2000-04-17 | 2000-04-20 |
| BOWMAN, Nicholas John | Secretary | 2000-03-22 | 2026-02-24 |
| AGHADIUNO, Chika | Director | 2017-11-28 | 2025-09-16 |
| AKERS, Ann | Director | 2000-05-03 | 2001-11-13 |
| ARCHIBALD, Andrew Robert | Director | 2021-08-23 | 2024-07-23 |
| BEALE, Inga Kristine | Director | 2006-03-06 | 2007-08-30 |
| BELL, Christopher Lewis | Director | 2000-05-03 | 2007-11-30 |
| BERRY, Hedley Edward | Director | 2000-05-03 | 2007-09-18 |
| BOLLER, Hans Peter | Director | 2000-05-03 | 2004-10-25 |
| CAINES, John, Sir | Director | 2000-05-03 | 2004-09-21 |
| CLARKE, Harold Edward | Director | 2008-01-29 | 2018-09-18 |
| CLARKE, Terence George | Director | 2005-05-25 | 2006-04-11 |
| DE BLOCQ VAN KUFFELER, John Philip | Director | 2001-09-14 | 2004-09-21 |
| DINNING, William Robert John | Director | 2014-09-16 | 2020-09-15 |
| DUNGAY, Nicholas Andrew | Director | 2009-11-25 | 2021-04-06 |
| EDGINTON, Clive Leonard Ashcroft | Director | 2012-04-24 | 2018-09-18 |
| EVANS, Christopher Charles, Dr | Director | 2001-11-13 | 2012-09-18 |
| EVANS, Christopher Charles, Dr | Director | 2000-05-03 | 2001-09-18 |
| FLOOD, Deirdre | Director | 2018-01-02 | 2018-02-26 |
| GALLIVAN, Maurice Michael | Director | 2000-03-22 | 2018-05-31 |
| GENTSCH, Benjamin | Director | 2005-04-26 | 2008-01-03 |
| GIFFORD, Michael John | Director | 2000-04-10 | 2001-01-11 |
| GUIDON, Thomas | Director | 2001-05-03 | 2005-09-21 |
| HERON, Christine Woodruff, Dr | Director | 2015-11-24 | 2017-12-31 |
| HUBBARD, Richard David Cairns | Director | 2000-05-03 | 2000-12-31 |
| HUTCHINSON, Ian David | Director | 2013-02-11 | 2022-02-22 |
| KATH WITTMANN, Jutta | Director | 2001-02-08 | 2005-09-21 |
| LOHMANN, Dirk | Director | 2000-05-03 | 2005-02-24 |
| MARKHAM, David Eric | Director | 2000-05-03 | 2006-09-19 |
| MCAUSLAND, Graeme Stewart | Director | 2021-07-27 | 2026-04-09 |
| MOUNTFIELD, Robin, Sir | Director | 2004-09-21 | 2006-07-25 |
| NEWMAN, Malcolm Charles | Director | 2006-08-08 | 2007-12-31 |
| OSULLIVAN, Patrick Henry | Director | 2000-05-03 | 2001-11-13 |
| PEARSON, Richard John Crewdson | Director | 2006-11-01 | 2013-09-17 |
| PEIGNET, Victor Yves | Director | 2007-09-11 | 2007-12-31 |
| RICHARDSON, Kerry Francis | Director | 2007-10-15 | 2014-09-16 |
| RIORDAN-EVA, Paul | Director | 2012-09-18 | 2022-09-20 |
| ROBINSON, Paul Derek | Director | 2006-08-10 | 2015-09-15 |
| ROOKE, Elizabeth Ann | Director | 2007-04-02 | 2007-09-04 |
| SAUNDERS, Michael Thomas, Doctor | Director | 2000-04-10 | 2009-04-30 |
| SCHNIEPER, Rene | Director | 2004-10-25 | 2005-02-21 |
| SMITH, Joseph Colin | Director | 2000-05-03 | 2001-09-18 |
| STEWART, Hugh Harkness Archibald, Dr | Director | 2022-01-26 | 2024-03-31 |
| TOMKINS, Christine Margaret, Dr | Director | 2000-04-10 | 2021-09-21 |
| WEBSTER, Peter David | Director | 2011-09-20 | 2017-09-19 |
| WILLIAMS, Peter Randall, Dr | Director | 2001-11-13 | 2017-09-19 |
| WILSON, Steven James | Director | 2000-05-03 | 2001-11-13 |
| WINCHESTER, Lois Juliette Sarah | Director | 2004-10-22 | 2006-11-13 |
| WOLLNER, Bertrand | Director | 2000-05-03 | 2004-10-22 |
| ZDRENYK, Andreas | Director | 2005-12-05 | 2007-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Medical Defence Union Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 214 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-15 | AA | accounts | Accounts with accounts type full | |
| 2026-08-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-03 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-07 | CH01 | officers | Change person director company with change date | |
| 2025-08-05 | AA | accounts | Accounts with accounts type full | |
| 2025-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-15 | CH01 | officers | Change person director company with change date | |
| 2024-10-01 | AA | accounts | Accounts with accounts type full | |
| 2024-07-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-12 | CH01 | officers | Change person director company with change date | |
| 2024-03-12 | CH01 | officers | Change person director company with change date | |
| 2024-03-12 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
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.