MHD LIMITED

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

• Turnover

  +3.3%

  £10,430,371 → £10,774,172

• Cash

  +42.8%

  £489,970 → £699,479

• Net assets

  -21.8%

  -£2,807,271 → -£3,419,748

• Employees

  -4.8%

  125 → 119

• Operating profit

  -209.3%

  £698,488 → -£763,732

• Profit before tax

  -210.8%

  £692,032 → -£766,997

• Wages

  +4.7%

  £3,027,952 → £3,170,988

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers CI LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have concluded that the going concern basis of preparation remains appropriate for the Company, given adequate resources through refinancing from HSBC and commitments from SSF II to meet liabilities for 12 months from the signing date. The financial statements have been prepared on a going concern basis.”

Significant events

• “On 30 December 2025, the Company terminated the Hotel Management Agreement with Mama Shelter (the "Hotel Operator"). The Company intends to reposition the property into a co-living scheme. Repositioning works commenced in January 2026, and the building is expected to reopen as a co-living asset in summer of 2026.”
• “Other operating expense during the year includes £1m termination fee in relation to the termination of the Hotel Management Agreement with Mama Shelter on 30 December 2025.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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