MMCG (2) LIMITED

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

• Turnover

  +15.8%

  £65,975,470 → £76,374,331

• Cash

  +78%

  £1,308,870 → £2,329,429

• Net assets

  +61.7%

  £7,051,673 → £11,404,384

• Employees

  -5.3%

  1,402 → 1,328

• Operating profit

  +5.9%

  £4,208,765 → £4,455,600

• Profit before tax

  +12.2%

  £3,911,085 → £4,386,857

• Wages

  +13.3%

  £34,508,947 → £39,104,015

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As such, the directors are satisfied that the MMCG Topco Group has adequate resources to continue to operate for the foreseeable future. For this reason, they continue to adopt the going concern basis for preparing the financial statements.”

Group structure

1. MMCG (2) LIMITED · parent
   1. Belvoir Vale Care Homes Limited 100% · UK · Provision of residential care for the elderly
   2. MMCG (3) Limited 100% · UK · Provision of residential care for the elderly
   3. MMCG (4) Limited 100% · UK · Provision of residential care for the elderly
   4. MMCG (5) Limited 100% · UK · Development of care homes

Significant events

• “Recent investment in a centralised procurement function, price monitoring and on-going market research drives value across the Group.”
• “Investment in recruitment managed centrally, has ensured the Group's headcount in year has continued to grow and through an enhanced range of staff benefits and dedicated training programmes, staff turnover is below industry averages.”
• “The Group's strategy is one of continued growth through new developments, the extension of existing strong performing facilities, disposal of unprofitable assets, reposition of underperforming assets and, where appropriate, through the acquisition of nursing homes of a suitable quality.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.