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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-08-17 (in 3mo)

Last made up 2025-08-03

Watchouts

None on the register

Cash

£7M

-24.5% vs 2023

Net assets

£17M

-11.2% vs 2023

Employees

199

-3.4% vs 2023

Profit before tax

-£2M

+80.8% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £16,129,000£18,523,000
Operating profit -£9,605,000-£1,955,000
Profit before tax -£9,516,000-£1,824,000
Net profit -£9,516,000-£1,824,000
Cash £9,764,000£7,371,000
Total assets less current liabilities £21,018,000£18,541,000
Net assets £19,480,000£17,296,000
Equity £19,480,000£17,296,000
Average employees 206199
Wages £12,440,000£11,182,000
Directors' remuneration £684,000£691,000

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

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 2023-12-312024-12-31
Operating margin -59.6%-10.6%
Net margin -59.0%-9.8%
Return on capital employed -45.7%-10.5%
Gearing (liabilities / total assets) 39.4%72.9%
Current ratio 2.09x1.21x
Interest cover -174.64x-39.10x

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
IFRS
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements are prepared on a going concern basis as the Directors are satisfied that the Company and the Group consolidated by the parent company (MFM Holding Ltd) have the resources to continue in business for the foreseeable future (which has been taken as at least 12 months from the date of approval of the financial statements). In making this assessment, the Directors have considered the performance of the Company, including a reduction in the total comprehensive loss to £1.8m (2023: £9.5m) and a significantly lower net operating cash outflow of £0.3m (2023: £9.3m).”

Significant events

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

People

6 active · 3 resigned

Name Role Appointed Born Nationality
TAYLOR WESSING SECRETARIES LIMITED Corporate Secretary 2019-03-01
CLARK, James Roy Director 2017-02-01 Feb 1958 British
DAPRA, Giovanni Director 2014-06-16 Nov 1983 Italian
GADHIA, Jayne-Anne Director 2023-01-13 Oct 1961 British
GALVANI, Paolo Director 2014-06-16 Oct 1965 Italian
GESESS, Paolo Director 2017-02-01 Mar 1966 Italian
Show 3 resigned officers
Name Role Appointed Resigned
OHS SECRETARIES LIMITED Corporate Secretary 2015-09-09 2019-03-12
SABRI, Hasan Souat Hilmi Director 2014-06-16 2016-01-22
SAVINI NICCI, Paolo Director 2017-02-01 2019-01-22

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mfm Holding Ltd Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 64 total filings

Date Type Category Description
2025-09-17 AA accounts Accounts with accounts type full
2025-08-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-30 AA accounts Accounts with accounts type full
2024-08-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-19 AA accounts Accounts with accounts type full
2023-08-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-03 AP01 officers Appoint person director company with name date PDF
2022-10-06 AA accounts Accounts with accounts type full
2022-08-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-08-01 SH01 capital Capital allotment shares PDF
2021-09-09 AA accounts Accounts with accounts type full
2021-08-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-09-11 SH01 capital Capital allotment shares PDF
2020-09-04 AA accounts Accounts with accounts type full
2020-08-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-09-25 AA accounts Accounts with accounts type full
2019-08-30 TM01 officers Termination director company with name termination date PDF
2019-08-29 CS01 confirmation-statement Confirmation statement with updates PDF
2019-08-29 AP04 officers Appoint corporate secretary company with name date PDF
2019-08-29 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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.

Official Companies House page