SPARTAN MF LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-02-26 (in 9mo)
Last made up 2026-02-12
Watchouts
None on the register
Cash
£599K
+46.1% vs 2024
Net assets
-£5M
-69.3% lowest in 4 filed years
Employees
299
+20.1% highest in 4 filed years
Profit before tax
-£2M
+6.8% vs 2024
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £20,946,000 | — | £20,144,000 | — | £24,251,000 | £30,504,000 | |
| Operating profit | — | £228,000 | — | -£1,929,000 | — | -£2,136,000 | -£1,724,000 | |
| Profit before tax | — | £215,000 | — | -£1,940,000 | — | -£2,147,000 | -£2,001,000 | |
| Net profit | — | £235,000 | — | -£1,946,000 | — | -£2,132,000 | -£1,998,000 | |
| Cash | — | — | — | — | — | £410,000 | £599,000 | |
| Total assets less current liabilities | — | £1,757,000 | — | -£159,000 | — | -£2,306,000 | -£4,307,000 | |
| Net assets | — | £1,193,000 | — | -£753,000 | — | -£2,885,000 | -£4,883,000 | |
| Equity | £958,000 | £1,193,000 | £1,193,000 | -£753,000 | -£753,000 | -£2,885,000 | -£4,883,000 | |
| Average employees | — | 220 | — | 239 | — | 249 | 299 | |
| Wages | — | £5,352,000 | — | £5,331,000 | — | £5,822,000 | £7,525,000 | |
| 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 2025-03-31 vs 2024-03-31
-
Turnover
+25.8%
£24,251,000 £30,504,000
highest in 4 filed years
-
Cash
+46.1%
£410,000 £599,000
-
Net assets
-69.3%
-£2,885,000 -£4,883,000
lowest in 4 filed years
-
Employees
+20.1%
249 299
highest in 4 filed years
-
Operating profit
+19.3%
-£2,136,000 -£1,724,000
-
Profit before tax
+6.8%
-£2,147,000 -£2,001,000
-
Wages
+29.3%
£5,822,000 £7,525,000
highest in 4 filed years
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 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 1.1% | — | -9.6% | — | -8.8% | -5.7% | |
| Net margin | — | 1.1% | — | -9.7% | — | -8.8% | -6.5% | |
| Return on capital employed | — | 13.0% | — | 1213.2% | — | 92.6% | 40.0% | |
| Current ratio | — | — | — | — | — | 0.84x | 0.78x | |
| Interest cover | — | 17.54x | — | -175.36x | — | -194.18x | -6.22x |
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 1 time since incorporation
- SPARTAN MF LIMITED 2021-05-04 → present
- MWR SALES LIMITED 2015-02-12 → 2021-05-04
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Furthermore the Ultimate parent company, Tetrosyl Group Limited, has provided written support that they will help the Company to meet their liabilities as they become due for a period of at least 12 month following the statement of financial position date. Tetrosyl Limited has provided written confirmation it will not seek repayment of the amounts owed within 12 months from the signing date.”
Significant events
- “The Company plans to continue to expand its portfolio of stores by identifying and adding new greenfield sites, in strategic locations, across the UK.”
- “The Company has developed and trialled a new click and collect service managed through a Group platform, this service will be rolled out across the portfolio of existing stores as part of future development plans.”
- “The Company will introduce an internal overnight service to main hubs which facilitates guaranteed next day morning delivery to all sites across the network, reducing lead time from order to delivery for the customer.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BENT, Nicholas James | Director | 2021-08-04 | Sep 1973 | British |
| SCHOFIELD, Peter David | Director | 2022-01-25 | Oct 1961 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRENNAN, Stephen | Director | 2016-07-28 | 2018-05-31 |
| GREEN, Michael | Director | 2020-09-08 | 2026-03-27 |
| LAWRENCE, Ian St. John | Director | 2015-02-12 | 2020-09-08 |
| ROGERS, David James | Director | 2015-02-12 | 2022-01-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Maccess Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 43 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-19 | AA | accounts | Accounts with accounts type full | |
| 2025-12-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type full | |
| 2024-03-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-02-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-21 | AA | accounts | Accounts with accounts type full | |
| 2023-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-04 | AA | accounts | Accounts with accounts type full | |
| 2022-04-06 | AA | accounts | Accounts with accounts type full | |
| 2022-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-15 | AUD | auditors | Auditors resignation company | |
| 2022-01-25 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-25 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-17 | AA | accounts | Accounts with accounts type small | |
| 2021-08-04 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- 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.