MV COMMERCIAL 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

  -8.8%

  £75,272,068 → £68,643,576

• Cash

  -93.8%

  £3,284,079 → £204,767

  lowest in 6 filed years

• Net assets

  +2.5%

  £45,384,934 → £46,508,410

  highest in 6 filed years

• Employees

  -32.5%

  271 → 183

• Operating profit

  -23.6%

  £10,945,976 → £8,358,843

• Profit before tax

  -63.8%

  £3,964,635 → £1,435,125

• Wages

  -29.1%

  £11,205,560 → £7,948,282

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.

1. MV COMMERCIAL LIMITED 2005-04-26 → present
2. MV SELF DRIVE LTD. 2002-08-19 → 2005-04-26
3. EURO HIREDRIVE LIMITED 2002-01-21 → 2002-08-19
4. AUTOSELECT (GB) LIMITED 1999-10-20 → 2002-01-21
5. A. KELLY (EDINBURGH) LTD. 1991-11-26 → 1999-10-20
6. SPELLWAY LIMITED 1991-10-29 → 1991-11-26

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the above factors, the directors are satisfied that it remains appropriate for the company and group to prepare its financial statements on a going concern basis. 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 group or parent 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.”

Group structure

1. MV COMMERCIAL LIMITED · parent
   1. Music Republic Limited 100% · Scotland · Operation of a music website

Significant events

• “The MV Fruehauf Limited business, which was acquired in September 2021, was transferred out of the MV Commercial Group in January 2024 and the prior year consolidated figures shown in this report for the MV Commercial Group include 7 months trading when MV Fruehauf Limited was part of the current group structure.”

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

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.