MDK OFFICE SEATING LIMITED
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Cash
£1m
-27.9% vs 2024
Net assets
£1.3m
-26.6% vs 2024
Employees
78
+4% highest in 5 filed years
Profit before tax
£301k
-69% vs 2024
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £13,547,977 | £13,150,058 | -2.9% | |
| Operating profit | — | — | — | £950,146 | £300,502 | -68.4% | |
| Profit before tax | — | — | — | £970,154 | £300,506 | -69% | |
| Net profit | — | — | — | £709,493 | £223,971 | -68.4% | |
| Cash | £565,042 | £467,622 | £1,033,826 | £1,404,335 | £1,011,858 | -27.9% | |
| Total assets less current liabilities | £1,223,262 | £1,718,491 | £1,937,875 | £1,999,346 | £1,404,262 | -29.8% | |
| Net assets | £1,190,776 | £1,666,273 | £1,872,207 | £1,832,228 | £1,344,699 | -26.6% | |
| Equity | £1,190,776 | £1,666,273 | £1,872,207 | £1,832,228 | £1,344,699 | -26.6% | |
| Average employees | 52 | 53 | 58 | 75 | 78 | +4% | |
| Wages | — | — | — | £2,266,116 | £2,533,650 | +11.8% | |
| Directors' remuneration | — | — | — | £270,174 | £297,209 | +10% | |
| Directors' pension contributions | — | — | — | £31,163 | £33,676 | +8.1% | |
| Highest paid director | — | — | — | £60,365 | £86,345 | +43% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 7.0% | 2.3% | |
| Net margin | — | — | — | 5.2% | 1.7% | |
| Return on capital employed | — | — | — | 47.5% | 21.4% | |
| Gearing (liabilities / total assets) | 46.0% | 43.4% | 44.5% | 49.9% | 58.2% | |
| Current ratio | — | — | — | 2.09x | 1.64x |
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
- Magma Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting...”
Significant events
- “A relocation in quarter 4 from a multi-site operation to a single site facility, designed to bring all the advantages of integration and efficiency for the future, has resulted in increases costs in addition to those of raw materials and labour rates.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Danielle | Secretary | 2026-08-16 | — | — |
| BLOOM, Jane | Director | 2019-10-22 | Apr 1960 | British |
| KING, Jordan | Director | 2019-10-22 | Mar 1999 | British |
| KING, Karen | Director | 2006-10-17 | Mar 1961 | British |
| KING, Martin Adrian | Director | 2006-10-17 | Jan 1962 | British |
| SMITH, Luke Charles | Director | 2023-05-12 | Apr 1987 | British |
| STEVENSON, Stuart Robert | Director | 2023-10-27 | Apr 1970 | British |
| TEDCASTLE, Natalie Anne | Director | 2026-07-06 | Dec 1975 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KING, Karen | Secretary | 2006-10-17 | 2014-01-01 |
| SMITH, Danielle | Secretary | 2014-01-01 | 2022-05-05 |
| FORM 10 SECRETARIES FD LTD | Corporate Nominee Secretary | 2006-08-16 | 2006-08-17 |
| BARLOW, Peter | Director | 2019-10-22 | 2024-02-21 |
| FORM 10 DIRECTORS FD LTD | Corporate Nominee Director | 2006-08-16 | 2006-08-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Martin Adrian King | Individual | Significant influence | 2016-08-16 | Active |
Filing timeline
Last 20 of 95 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-21 MA Memorandum articles
- 2025-10-21 RESOLUTIONS Resolution
- 2023-11-11 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-09-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-09-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-09-07 | AA | accounts | Accounts with accounts type full | |
| 2026-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-07-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-21 | MA | incorporation | Memorandum articles | |
| 2025-10-21 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-20 | SH10 | capital | Capital variation of rights attached to shares | |
| 2025-10-20 | SH08 | capital | Capital name of class of shares | |
| 2025-10-10 | AA | accounts | Accounts with accounts type full | |
| 2025-08-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-02 | AA | accounts | Accounts with accounts type full | |
| 2024-08-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-02-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-11 | SH10 | capital | Capital variation of rights attached to shares | |
| 2023-11-11 | RESOLUTIONS | resolution | Resolution | |
| 2023-11-11 | SH08 | capital | Capital name of class of shares | |
| 2023-10-27 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 2
- Officers appointed
- 2
- 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.