MARKETPLACE DIRECT LIMITED
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Next accounts due
2026-05-31 (this month)
Last filed for 2024-05-31
Confirmation statement due
2027-03-05 (in 10mo)
Last made up 2026-02-19
Watchouts
None on the register
Cash
£4M
+95.7% vs 2023
Net assets
£398K
+418.8% highest in 4 filed years
Employees
1,295
-11.1% vs 2023
Profit before tax
£521K
-2.8% vs 2023
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-05-31
| Metric | Trend | 2019-05-31 | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £47,604,609 | £51,563,702 | |
| Operating profit | — | — | — | — | £536,377 | £521,492 | |
| Profit before tax | — | — | — | — | £535,593 | £520,864 | |
| Net profit | — | — | — | — | £482,416 | £380,777 | |
| Cash | — | — | — | — | £1,953,403 | £3,823,637 | |
| Total assets less current liabilities | — | £100 | — | — | £96,251 | £410,250 | |
| Net assets | £100 | £100 | — | — | £76,618 | £397,515 | |
| Equity | £100 | £100 | -£480,383 | -£277,465 | £76,618 | £397,515 | |
| Average employees | — | 0 | — | — | 1,456 | 1,295 | |
| Wages | — | — | — | — | £35,560,388 | £38,016,647 | |
| Directors' remuneration | — | — | — | — | £13,400 | — |
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 2024-05-31 vs 2023-05-31
-
Turnover
+8.3%
£47,604,609 £51,563,702
-
Cash
+95.7%
£1,953,403 £3,823,637
-
Net assets
+418.8%
£76,618 £397,515
highest in 4 filed years
-
Employees
-11.1%
1,456 1,295
-
Operating profit
-2.8%
£536,377 £521,492
-
Profit before tax
-2.8%
£535,593 £520,864
-
Wages
+6.9%
£35,560,388 £38,016,647
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 | 2019-05-31 | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 1.1% | 1.0% | |
| Net margin | — | — | — | — | 1.0% | 0.7% | |
| Return on capital employed | — | — | — | — | 557.3% | 127.1% | |
| Current ratio | — | — | — | — | 1.04x | 1.12x | |
| Interest cover | — | — | — | — | 684.15x | 830.40x |
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
- Watergates Ltd (Statutory Auditor)
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The business continues to invest significantly in its recruitment of staff to facilitate the business to grow efficiently over the coming years.”
- “The director is committed to continual investment in future years to increase the Company's capacity to continue to deliver a high level of service. The director believes that the continued commitment to invest in improving its service and to further understand customer's requirements will enable the Company to exceed customers' expectations and further grow and develop the business over the coming years.”
- “Management will continue to seek opportunities to maximise turnover and profitability.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHAHATA, Makarious George | Director | 2015-05-26 | Aug 1986 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEASLEY, Charlotte Rose | Director | 2015-05-26 | 2016-03-03 |
| SINGH, Balvinder | Director | 2015-05-26 | 2016-02-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Makarious George Shahata | Individual | Shares 75–100% | 2016-05-26 | Active |
Filing timeline
Last 20 of 31 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-02-28 | AA | accounts | Accounts with accounts type full | |
| 2025-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-29 | AA | accounts | Accounts with accounts type full | |
| 2024-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-31 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-31 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-19 | AA | accounts | Accounts with accounts type dormant | |
| 2021-03-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-03-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-18 | AA | accounts | Accounts with accounts type dormant | |
| 2019-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-02-18 | AA | accounts | Accounts with accounts type dormant | |
| 2018-12-11 | EH02 | officers | Elect to keep the directors residential address register information on the public register | |
| 2018-12-11 | CH01 | officers | Change person director company with change date | |
| 2018-12-11 | PSC04 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.