MPH MERCHANT LIMITED
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Next accounts due
2027-05-31 (in 1y)
Last filed for 2025-08-31
Confirmation statement due
2026-10-23 (in 5mo)
Last made up 2025-10-09
Watchouts
None on the register
Cash
£169K
-12.8% vs 2024
Net assets
£465K
-6.8% first positive since 2022
Employees
52
+6.1% highest in 5 filed years
Profit before tax
-£28K
+86.1% vs 2024
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2025-08-31
| Metric | Trend | 2020-08-31 | 2021-08-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 | 2025-08-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | £13,003,860 | £13,553,275 | £14,507,035 | £14,229,985 | £15,273,337 | |
| Operating profit | — | — | — | — | -£151,095 | £31,196 | |
| Profit before tax | — | £216,851 | £373,735 | £356,919 | -£199,463 | -£27,661 | |
| Net profit | — | — | — | — | -£202,011 | -£999 | |
| Cash | £65,748 | £37,443 | £118,954 | — | £193,725 | £168,856 | |
| Total assets less current liabilities | — | — | -£703,668 | — | £510,380 | £449,719 | |
| Net assets | -£941,025 | -£852,319 | -£703,668 | — | £498,771 | £464,772 | |
| Equity | -£941,025 | -£852,319 | -£703,668 | -£533,572 | £498,771 | £464,772 | |
| Average employees | 23 | 27 | 23 | — | 49 | 52 | |
| Wages | — | — | — | — | £1,663,272 | £1,736,819 | |
| 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
FY2024 → FY2025 · period ending 2025-08-31 vs 2024-08-31
-
Turnover
+7.3%
£14,229,985 £15,273,337
highest in 5 filed years
-
Cash
-12.8%
£193,725 £168,856
-
Net assets
-6.8%
£498,771 £464,772
first positive since 2022
-
Employees
+6.1%
49 52
highest in 5 filed years
-
Operating profit
+120.6%
-£151,095 £31,196
-
Profit before tax
+86.1%
-£199,463 -£27,661
-
Wages
+4.4%
£1,663,272 £1,736,819
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 | 2020-08-31 | 2021-08-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 | 2025-08-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -1.1% | 0.2% | |
| Net margin | — | — | — | — | -1.4% | -0.0% | |
| Return on capital employed | — | — | — | — | -29.6% | 6.9% | |
| Current ratio | — | — | — | — | -1.06x | -1.04x | |
| Interest cover | — | — | — | — | -3.12x | 0.53x |
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
- Consolidated group
- Auditor
- Hazlewoods LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company also relies on the support of one of its subsidiaries to meet its financial obligations as they fall due. This support is expected to continue into the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- MPH MERCHANT LIMITED · parent
- MPH Merchant (South Coast) Limited 0.81%
- MPH Merchant (West Midlands) Limited 1%
- MPH Merchant (Home Counties) Limited 1%
- MPH Merchant (London) Limited 1%
- MPH Merchant (Southern) Limited 1%
- MPH Merchant (North East) Limited 1%
- MPH Merchant (North West) Limited 1%
- MPH Merchant (South West) Limited 1%
- MPH Merchant (Wessex) Limited 1%
- MPH Merchant (South East) Limited 1%
- UK Plumbing Limited 1%
Significant events
- “The external commercial environment is expected to remain competitive with margin pressure, in this sector, continuing into 2025/26. With a branch network now well established, the directors remain confident in our ability to improve both sales and margin in a flat economy with opportunities to further develop the business, as legislation drives a reduction in the carbon footprint of residential heating.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EDWARDS, Christopher Alan | Director | 2014-04-06 | Feb 1967 | British |
| MILLIGAN, Julian Ernest | Director | 2008-10-09 | Jun 1968 | British |
| TURNER, Mark Nicholas | Director | 2014-11-01 | Aug 1971 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MILLIGAN, Julian Ernest | Secretary | 2009-03-23 | 2013-10-09 |
| HARRISON CLARK (SECRETARIAL) LIMITED | Corporate Secretary | 2008-10-09 | 2009-03-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Julian Ernest Milligan | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 62 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-05-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-27 | AA | accounts | Accounts with accounts type group | |
| 2026-02-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-24 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-10-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-02-12 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-01-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-14 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-10-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-05-06 | RESOLUTIONS | resolution | Resolution | |
| 2022-05-05 | SH08 | capital | Capital name of class of shares | |
| 2022-02-25 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-02-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-01-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-12-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-12-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-08 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.