MIDGARD LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-04-30
Confirmation statement due
2027-02-26 (in 9mo)
Last made up 2026-02-12
Watchouts
None on the register
Cash
£39M
Latest balance sheet
Net assets
£30M
lowest in 3 filed years
Employees
205
lowest in 3 filed years
Profit before tax
-£15M
lowest in 3 filed years
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2025-04-30
| Metric | Trend | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2025-04-30 |
|---|---|---|---|---|---|---|
| Turnover | — | £536,344,000 | — | £612,419,000 | £579,571,000 | |
| Operating profit | — | £8,627,000 | — | -£9,918,000 | -£14,984,000 | |
| Profit before tax | — | £8,647,000 | — | -£9,957,000 | -£15,390,000 | |
| Net profit | — | £6,297,000 | — | -£6,837,000 | -£11,632,000 | |
| Cash | — | £48,722,000 | — | £34,577,000 | £39,279,000 | |
| Total assets less current liabilities | — | £57,862,000 | — | £53,957,000 | £43,101,000 | |
| Net assets | — | £48,015,000 | — | £41,178,000 | £29,546,000 | |
| Equity | £43,718,000 | £48,015,000 | £48,015,000 | £41,178,000 | £29,546,000 | |
| Average employees | — | 210 | — | 229 | 205 | |
| Wages | — | £17,383,000 | — | £18,577,000 | £24,240,000 | |
| Directors' remuneration | — | — | — | — | — |
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 → FY2025 · period ending 2025-04-30 vs 2023-12-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2025-04-30 |
|---|---|---|---|---|---|---|
| Operating margin | — | 1.6% | — | -1.6% | -2.6% | |
| Net margin | — | 1.2% | — | -1.1% | -2.0% | |
| Return on capital employed | — | 14.9% | — | -18.4% | -34.8% | |
| Gearing (liabilities / total assets) | — | — | — | 78.6% | 78.7% | |
| Current ratio | — | — | — | 1.37x | 1.42x | |
| Interest cover | — | — | — | -211.02x | -36.91x |
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
- MIDGARD LTD 2006-11-21 → present
- ST PAULS DESIGN & BUILD LIMITED 2006-02-22 → 2006-11-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA Audit Services LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have assessed the company's current financial position and future performance in the context of the wider economic landscape and are confident that the company will continue as a going concern.”
Significant events
- “During the period, the company extended its financial year-end. The financial statements have been prepared for a period of 16 months ending 30 April 2025.”
- “As the geopolitical tensions and conflicts continues and its inflationary impact on raw materials, we closely monitor the impact and risks so that we can make the necessary change to mitigate these. The company has no operations in the conflict-affected zones, nor does it source goods or services from the affected regions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GLEESON, Ronan Joseph | Secretary | 2009-05-14 | — | Irish |
| GLEESON, Ronan Joseph | Director | 2009-05-14 | Jun 1976 | Irish |
| KEEGAN, Kevin William | Director | 2006-02-22 | May 1963 | Irish |
| REDDINGTON, John James | Director | 2006-02-22 | Sep 1972 | Irish |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KEEGAN, Kevin William | Secretary | 2006-02-22 | 2006-02-22 |
| KEEGAN, Kevin William | Secretary | 2006-02-22 | 2009-05-14 |
| REDDINGTON, John James | Secretary | 2006-02-22 | 2006-02-22 |
| RM REGISTRARS LIMITED | Corporate Secretary | 2006-02-22 | 2006-02-22 |
| MORAN, Peter Jude, Mr. | Director | 2009-05-14 | 2015-12-07 |
| RM NOMINEES LIMITED | Corporate Director | 2006-02-22 | 2006-02-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Jrl Group Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 84 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-26 | AA01 | accounts | Change account reference date company current shortened | |
| 2026-02-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-31 | AA | accounts | Accounts with accounts type full | |
| 2025-05-22 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-30 | AA | accounts | Accounts with accounts type full | |
| 2024-12-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-02-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-15 | AA | accounts | Accounts with accounts type full | |
| 2023-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-16 | AA | accounts | Accounts with accounts type full | |
| 2022-02-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-12-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-06-29 | AA | accounts | Accounts with accounts type full | |
| 2021-02-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-12 | AA | accounts | Accounts with accounts type full | |
| 2020-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-05-20 | AA | accounts | Accounts with accounts type full |
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.