MDK OFFICE SEATING LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-30 (in 3mo)
Last made up 2025-08-16
Watchouts
Cash
£1M
+10% highest in 6 filed years
Net assets
£2M
-16.6% vs 2023
Employees
75
+7.1% highest in 6 filed years
Profit before tax
£970K
-36.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £13,605,861 | £13,547,977 | |
| Operating profit | — | — | — | — | £1,517,434 | £950,146 | |
| Profit before tax | — | — | — | — | £1,525,345 | £970,154 | |
| Net profit | — | — | — | — | £1,159,028 | £709,493 | |
| Cash | £639,626 | £565,042 | £467,622 | £1,033,826 | £1,276,488 | £1,404,335 | |
| Total assets less current liabilities | £1,192,501 | £1,223,262 | £1,718,491 | £1,937,875 | £2,234,907 | £1,999,346 | |
| Net assets | £1,156,926 | £1,190,776 | £1,666,273 | £1,872,207 | £2,196,235 | £1,832,228 | |
| Equity | £1,156,926 | £1,190,776 | £1,666,273 | £1,872,207 | £2,196,235 | £1,832,228 | |
| Average employees | 43 | 52 | 53 | 58 | 70 | 75 | |
| Wages | — | — | — | — | £2,173,711 | £2,266,116 | |
| Directors' remuneration | — | — | — | — | £268,923 | £270,174 |
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 2024-12-31 vs 2023-12-31
-
Turnover
-0.4%
£13,605,861 £13,547,977
-
Cash
+10%
£1,276,488 £1,404,335
highest in 6 filed years
-
Net assets
-16.6%
£2,196,235 £1,832,228
-
Employees
+7.1%
70 75
highest in 6 filed years
-
Operating profit
-37.4%
£1,517,434 £950,146
-
Profit before tax
-36.4%
£1,525,345 £970,154
-
Wages
+4.3%
£2,173,711 £2,266,116
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 11.2% | 7.0% | |
| Net margin | — | — | — | — | 8.5% | 5.2% | |
| Return on capital employed | — | — | — | — | 67.9% | 47.5% | |
| Current ratio | — | — | — | — | 2.68x | 2.09x | |
| Interest cover | — | — | — | — | 3284.49x | 547.00x |
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
- Qualified
- 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.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| 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 |
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 89 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 | |
|---|---|---|---|---|
| 2026-01-05 | 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 | |
| 2023-09-05 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-08-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-15 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-01-06 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 2
- 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.