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Next accounts due

2027-09-30 (in 1y)

Last filed for 2025-12-31

Confirmation statement due

2026-07-21 (in 2mo)

Last made up 2025-07-07

Watchouts

1 item

Cash

£4M

-68% vs 2024

Net assets

£5M

+42.2% vs 2024

Employees

51

-8.9% lowest in 6 filed years

Profit before tax

£2M

+69% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

7-year trend · latest reflected 2025-12-31

Metric Trend 2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Turnover £14,563,029£14,028,303£13,066,419£21,584,769
Operating profit £1,909,335£2,512,675£1,190,482£1,736,610
Profit before tax £1,901,014£2,510,450£2,038,231£1,508,703£1,264,217£2,136,326
Net profit £1,514,028£2,025,057£1,627,434£1,148,323£906,919£1,574,777
Cash £2,798,931£3,100,206£2,819,670£4,470,890£11,170,237£3,569,605
Total assets less current liabilities £4,946,196£5,206,147£6,662,058£3,019,921£3,959,048£5,566,114
Net assets £4,845,059£4,870,116£6,497,550£2,827,133£3,734,052£5,308,829
Equity £3,331,031£4,845,059£4,870,116£6,497,550£2,827,133£3,734,052£5,308,829
Average employees 525554565651
Wages £2,058,081£2,030,835£2,222,265£2,408,074£2,609,517£2,721,470
Directors' remuneration £302,944£265,211£279,737£299,354£316,811£390,136

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

FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31

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 2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating margin 13.1%17.9%9.1%8.0%
Net margin 10.4%14.4%6.9%7.3%
Return on capital employed 38.6%48.3%30.1%31.2%
Current ratio 1.29x1.39x
Interest cover 229.46x1129.29x

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 3 times since incorporation

  1. MVG INDUSTRIES UK LTD 2021-04-20 → present
  2. RAINFORD EMC SYSTEMS LIMITED 2008-04-16 → 2021-04-20
  3. RAINFORD EMC HOLDINGS LIMITED 2006-08-22 → 2008-04-16
  4. RAINFORD HOLDINGS LIMITED 2006-07-07 → 2006-08-22

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Saffery LLP
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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

2 active · 11 resigned

Name Role Appointed Born Nationality
MCFADDEN, William Shane Director 2018-06-11 Jun 1966 British
SASSUS, Guillaume Jacques, Frédéric Director 2025-06-01 Apr 1980 French
Show 11 resigned officers
Name Role Appointed Resigned
CONNOLLY, Michael Stephen Secretary 2006-08-23 2012-07-26
MCFADDEN, William Shane Secretary 2006-07-07 2006-08-23
ACORNLEY, John Keith Director 2006-08-24 2012-07-26
CONNOLLY, Michael Stephen Director 2006-08-23 2012-07-26
GANDOIS, Arnaud Director 2012-07-26 2018-06-11
GARREAU, Philippe Director 2012-07-26 2025-06-01
IVERSON, Per Director 2012-07-26 2025-06-01
MCFADDEN, William Shane Director 2006-07-07 2012-07-26
NOONAN, John Alan Director 2006-07-07 2025-06-01
PADILLA, Ruben Director 2012-07-26 2017-02-28
WHITE, John Director 2006-08-23 2012-07-26

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 112 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2021-04-20 RESOLUTIONS Resolution PDF
Date Type Category Description
2026-03-18 AA accounts Accounts with accounts type full PDF
2025-09-22 AA accounts Accounts with accounts type full PDF
2025-08-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-03 TM01 officers Termination director company with name termination date PDF
2025-06-03 TM01 officers Termination director company with name termination date PDF
2025-06-03 TM01 officers Termination director company with name termination date PDF
2025-06-03 AP01 officers Appoint person director company with name date PDF
2024-08-30 AA accounts Accounts with accounts type full PDF
2024-07-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-03-17 CH01 officers Change person director company with change date PDF
2023-07-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-05 AA accounts Accounts with accounts type full PDF
2022-07-21 CS01 confirmation-statement Confirmation statement with updates PDF
2022-05-20 AA accounts Accounts with accounts type full PDF
2021-07-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-04-20 RESOLUTIONS resolution Resolution PDF
2021-04-15 AA accounts Accounts with accounts type full PDF
2020-07-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-06-12 AA accounts Accounts with accounts type full PDF
2019-10-05 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page