MMX COMMUNICATIONS SERVICES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-06-30
Confirmation statement due
2027-04-17 (in 11mo)
Last made up 2026-04-03
Watchouts
None on the register
Cash
£549K
+15.8% highest in 4 filed years
Net assets
£2M
+58.3% highest in 4 filed years
Employees
90
-10.9% vs 2023
Profit before tax
£680K
-45.9% vs 2023
Net assets
6-year trend · vs Telecommunications median
Accounts
6-year trend · latest reflected 2024-06-30
| Metric | Trend | 2019-06-30 | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £11,519,417 | £8,514,950 | |
| Operating profit | — | — | — | — | £1,253,790 | £675,637 | |
| Profit before tax | — | — | — | — | £1,257,826 | £680,089 | |
| Net profit | — | — | — | — | £1,073,566 | £573,646 | |
| Cash | £188,073 | £480,997 | — | — | £473,907 | £548,821 | |
| Total assets less current liabilities | £1,392,440 | £736,084 | — | — | £1,082,370 | £1,632,569 | |
| Net assets | £1,368,399 | £713,239 | — | — | £984,720 | £1,558,366 | |
| Equity | £1,368,399 | £713,239 | £1,075,955 | £1,911,154 | £984,720 | £1,558,366 | |
| Average employees | 65 | 77 | — | — | 101 | 90 | |
| Wages | — | — | — | — | £3,722,999 | £3,672,936 | |
| Directors' remuneration | £190,634 | £106,913 | — | — | £0 | £91,250 |
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 2024-06-30 vs 2023-06-30
-
Turnover
-26.1%
£11,519,417 £8,514,950
-
Cash
+15.8%
£473,907 £548,821
highest in 4 filed years
-
Net assets
+58.3%
£984,720 £1,558,366
highest in 4 filed years
-
Employees
-10.9%
101 90
-
Operating profit
-46.1%
£1,253,790 £675,637
-
Profit before tax
-45.9%
£1,257,826 £680,089
-
Wages
-1.3%
£3,722,999 £3,672,936
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 | 2019-06-30 | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 10.9% | 7.9% | |
| Net margin | — | — | — | — | 9.3% | 6.7% | |
| Return on capital employed | — | — | — | — | 115.8% | 41.4% | |
| Gearing (liabilities / total assets) | — | — | — | — | 85.9% | 65.9% | |
| Current ratio | — | — | — | — | 1.11x | 1.43x | |
| Interest cover | — | — | — | — | 283.73x | 3882.97x |
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
- UHY Hacker Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As such the Board is pleased to state that its assessment is that the going concern basis remains appropriate.”
Significant events
- “Following the majority investment in the TXO Group, including MMX, in June 2023 by Towerbrook Capital Partners ("Towerbrook"), the group subsequently acquired two businesses in December 2023. Both strengthened the group's service capability, a key strategic objective, and included Lynx (UK) Limited and Teqport Service GmbII. Further acquisitions are expected in the next period of account, with a strong pipeline of opportunities built post the initial acquisitions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAMPBELL, John Michael Joseph | Director | 2025-08-11 | Dec 1967 | British |
| MOUNTFORD, Thomas Edward | Director | 2025-08-11 | Sep 1986 | British |
| SCOTT, Jonathan Cape | Director | 2026-04-29 | Jun 1966 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARTLAM, Neil Keith | Director | 2010-07-26 | 2019-05-31 |
| GRIFFITHS, Simon Graham | Director | 2019-05-31 | 2025-02-25 |
| GROSE, Ian Russell | Director | 2025-02-25 | 2025-08-20 |
| MARCHAM, Laurence John, Dr | Director | 2010-07-26 | 2020-06-19 |
| PEARCE, Darren Lee | Director | 2019-05-31 | 2024-07-26 |
| SEDDAR, Farid | Director | 2024-07-26 | 2024-11-18 |
| SMITH, Tim Reed | Director | 2020-01-09 | 2025-03-18 |
| TAGGIO, Maria Leia | Director | 2010-07-26 | 2019-05-31 |
| WORT, Simon James | Director | 2024-11-18 | 2025-08-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Txo Systems Limited | Corporate entity | Shares 75–100%, voting-rights-75-to-100-percent-as-firm, Appoints directors | 2019-05-31 | Active |
| Mr Neil Keith Bartlam | Individual | Significant influence | 2016-04-06 | Ceased 2019-05-31 |
| Miss Maria Leia Taggio | Individual | Significant influence | 2016-04-06 | Ceased 2019-05-31 |
| Dr Laurence John Marcham | Individual | Significant influence | 2016-04-06 | Ceased 2019-05-31 |
Filing timeline
Last 20 of 91 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-21 | AA01 | accounts | Change account reference date company current extended | |
| 2025-02-20 | AA | accounts | Accounts with accounts type full | |
| 2024-11-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-13 | AA | accounts | Accounts with accounts type full | |
| 2023-11-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 2
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.