M J HUGHES LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2027-04-09 (in 11mo)
Last made up 2026-03-26
Watchouts
None on the register
Cash
£2M
+97.7% highest in 4 filed years
Net assets
£7M
+24.8% highest in 6 filed years
Employees
21
-4.5% vs 2023
Profit before tax
£2M
+521.3% vs 2023
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-10-31
| Metric | Trend | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £15,200,564 | £15,169,653 | |
| Operating profit | — | — | — | — | £417,307 | £2,230,295 | |
| Profit before tax | — | — | — | — | £344,404 | £2,139,910 | |
| Net profit | — | — | — | — | £435,678 | £1,593,654 | |
| Cash | £1,259,860 | £1,387,836 | — | — | £1,026,635 | £2,029,911 | |
| Total assets less current liabilities | £5,028,102 | £5,062,920 | £6,198,830 | £7,194,804 | £6,938,761 | £8,428,097 | |
| Net assets | £4,425,595 | £4,561,052 | £4,908,516 | £5,812,968 | £5,682,814 | £7,090,468 | |
| Equity | — | — | £4,908,516 | £5,812,968 | £5,682,814 | £7,090,468 | |
| Average employees | 9 | 10 | 19 | 23 | 22 | 21 | |
| Wages | — | — | — | — | £1,325,629 | £1,404,671 | |
| Directors' remuneration | — | — | — | — | £8,784 | £25,140 |
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
-0.2%
£15,200,564 £15,169,653
-
Cash
+97.7%
£1,026,635 £2,029,911
highest in 4 filed years
-
Net assets
+24.8%
£5,682,814 £7,090,468
highest in 6 filed years
-
Employees
-4.5%
22 21
-
Operating profit
+434.4%
£417,307 £2,230,295
-
Profit before tax
+521.3%
£344,404 £2,139,910
-
Wages
+6%
£1,325,629 £1,404,671
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 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 2.7% | 14.7% | |
| Net margin | — | — | — | — | 2.9% | 10.5% | |
| Return on capital employed | — | — | — | — | 6.0% | 26.5% | |
| Gearing (liabilities / total assets) | — | — | — | — | 33.7% | 33.9% | |
| Current ratio | 2.64x | 2.89x | — | — | 3.79x | 3.51x | |
| Interest cover | — | — | — | — | 5.72x | 24.65x |
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
- Bryan Grey & Co Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are confident that the company has sufficient reserves to enable it to withstand any difficulties which may arise.”
Significant events
- “The cancellation of the HS2 project and the general sluggishness of the UK economy may make it more difficult for companies in the construction industry to maintain their usual levels of work.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUGHES, Michael Joseph | Director | 2002-10-04 | Aug 1966 | British |
| HUGHES, Rebecca | Director | 2024-10-28 | Mar 1968 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, Simon Patrick | Secretary | 2003-03-01 | 2013-10-03 |
| HUGHES, Rebecca | Secretary | 2002-10-04 | 2003-03-01 |
| HCS SECRETARIAL LIMITED | Corporate Nominee Secretary | 2002-10-04 | 2002-10-09 |
| HANOVER DIRECTORS LIMITED | Corporate Nominee Director | 2002-10-04 | 2002-10-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Rebecca Hughes | Individual | Shares 25–50%, Voting 25–50% | 2024-10-28 | Active |
| Mrs Rebecca Hughes | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-02-08 |
| Mr Michael Joseph Hughes | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 72 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-08 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-07 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-03-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-31 | AA | accounts | Accounts with accounts type full | |
| 2025-01-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-08 | AA | accounts | Accounts with accounts type full | |
| 2024-10-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-28 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-17 | AAMD | accounts | Accounts amended with accounts type total exemption full | |
| 2024-01-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-31 | AA | accounts | Accounts with accounts type micro entity | |
| 2023-04-15 | AAMD | accounts | Accounts amended with accounts type total exemption full | |
| 2023-01-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-27 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-02-17 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-02-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-24 | AA01 | accounts | Change account reference date company current shortened | |
| 2021-09-06 | AA01 | accounts | Change account reference date company previous extended |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.