MFCOIL LIMITED
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Cash
£14m
-31.9% lowest in 3 filed years
Net assets
£15m
-23.8% lowest in 3 filed years
Employees
389
-11.2% lowest in 3 filed years
Profit before tax
-£2.5m
-130.1% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-11-30
| Metric | Trend | 2023-11-30 | 2024-11-30 | 2025-11-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £122,164,964 | £153,284,385 | £134,531,333 | -12.2% | |
| Operating profit | £12,725,762 | £8,042,189 | £1,032,856 | -87.2% | |
| Profit before tax | £12,821,769 | £8,205,553 | -£2,468,085 | -130.1% | |
| Net profit | £10,199,788 | £6,583,875 | £417,827 | -93.7% | |
| Cash | £19,062,354 | £20,263,422 | £13,790,640 | -31.9% | |
| Total assets less current liabilities | £25,446,330 | £25,316,855 | £19,656,070 | -22.4% | |
| Net assets | £19,529,303 | £19,257,553 | £14,674,755 | -23.8% | |
| Equity | £19,529,303 | £19,257,553 | £14,674,755 | -23.8% | |
| Average employees | 402 | 438 | 389 | -11.2% | |
| Wages | £26,478,872 | £30,991,834 | £26,872,783 | -13.3% | |
| Directors' remuneration | £917,635 | £1,176,360 | £1,021,061 | -13.2% | |
| Directors' pension contributions | £2,642 | £2,642 | £2,642 | 0% | |
| Highest paid director | £603,129 | £747,053 | £582,372 | -22% |
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 | 2023-11-30 | 2024-11-30 | 2025-11-30 |
|---|---|---|---|---|
| Operating margin | 10.4% | 5.2% | 0.8% | |
| Net margin | 8.3% | 4.3% | 0.3% | |
| Return on capital employed | 50.0% | 31.8% | 5.3% | |
| Gearing (liabilities / total assets) | 66.6% | 70.7% | 70.3% | |
| Current ratio | 1.30x | 1.25x | 1.19x | |
| Interest cover | 56.56x | 29.10x | 3.90x |
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.
Name history
Renamed 2 times since incorporation
- MFCOIL LIMITED 2018-02-05 → present
- MCGEE CONSTRUCTION GROUP UK LIMITED 2015-11-10 → 2018-02-05
- ALPERTON LANE LIMITED 2014-05-09 → 2015-11-10
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- S&W Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“It is confident that there is reasonable assurance the Group and the Company are financially robust and has adequate financial resources to pay their liabilities as they fall due for the foreseeable future... Accordingly, it is considered appropriate to use the going concern basis”
Group structure
- MFCOIL LIMITED · parent
- McGee Group (Holdings) Limited 100%
- McGee Environmental Services Limited 100%
- MCE Civils and Groundworks Limited 100%
- McGee Polo Land Limited 100%
- Caddington Golf Club Limited 100%
- McGee (Haulage) Limited 100%
- McGee Bedrock Limited 100%
- McGee Group Limited 100%
- T. McGee & Co. Limited 100%
Significant events
- “Materially impacted by an exceptional bad debt of £3.6m incurred on a London hotel scheme as well as from the impact of delayed commencements across a number of schemes.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HICKEY, Paul | Director | 2020-09-01 | Aug 1965 | Irish |
| MCGEE, John Paul | Director | 2014-05-09 | Jan 1966 | Irish |
| MCGEE, Thomas James | Director | 2020-09-01 | Nov 1987 | British |
| O'REILLY, Bernard Joseph | Director | 2026-04-23 | Sep 1986 | Irish |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FOSSEY, Sebastian | Director | 2020-09-01 | 2026-04-20 |
| MCGEE, Brian James | Director | 2014-05-09 | 2020-09-01 |
| MCGEE, Michael Thomas | Director | 2014-05-09 | 2020-09-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mcgee Trustee Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-03-09 | Ceased 2020-03-09 |
| Mcgee Trustee Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-03-09 | Active |
| Mr Brian James Mcgee | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-03-09 |
Filing timeline
Last 20 of 69 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-10-26 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-02 | AA | accounts | Accounts with accounts type group | |
| 2026-05-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-19 | AA | accounts | Accounts with accounts type group | |
| 2025-05-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-15 | CH01 | officers | Change person director company with change date | |
| 2024-09-05 | AA | accounts | Accounts with accounts type group | |
| 2024-05-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-08 | SH06 | capital | Capital cancellation shares | |
| 2023-12-08 | SH03 | capital | Capital return purchase own shares | |
| 2023-05-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-09 | AA | accounts | Accounts with accounts type group | |
| 2022-12-07 | SH06 | capital | Capital cancellation shares | |
| 2022-12-07 | SH03 | capital | Capital return purchase own shares | |
| 2022-10-26 | RESOLUTIONS | resolution | Resolution | |
| 2022-06-30 | AA | accounts | Accounts with accounts type group | |
| 2022-05-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-04 | AA | accounts | Accounts with accounts type group | |
| 2021-07-19 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.