MPG CONTRACTS LTD
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Cash
£3M
-39.7% vs 2024
Net assets
£6M
+17% highest in 6 filed years
Employees
17
-15% lowest in 6 filed years
Profit before tax
£1.6M
+18.2% vs 2024
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £13,001,280 | £19,039,196 | £23,421,195 | £11,344,583 | £13,624,807 | £11,148,919 | -18.2% | |
| Operating profit | £1,222,493 | £1,587,060 | £467,124 | £12,957 | £1,255,342 | £1,465,661 | +16.8% | |
| Profit before tax | £1,228,822 | £1,587,296 | £471,141 | £41,507 | £1,322,257 | £1,563,487 | +18.2% | |
| Net profit | £985,389 | £1,302,444 | £385,621 | £21,878 | £979,035 | £1,160,126 | +18.5% | |
| Cash | £3,070,340 | £3,743,083 | £2,680,005 | £2,535,413 | £4,999,610 | £3,013,833 | -39.7% | |
| Total assets less current liabilities | £4,286,550 | £4,938,595 | £5,019,137 | £4,745,760 | £5,102,227 | £6,054,736 | +18.7% | |
| Net assets | £4,284,050 | £4,936,095 | £5,016,637 | £4,739,570 | £5,098,655 | £5,963,781 | +17% | |
| Equity | £4,284,050 | £4,936,095 | £5,016,637 | £4,739,570 | £5,098,655 | £5,963,781 | +17% | |
| Average employees | 22 | 25 | 25 | 22 | 20 | 17 | -15% | |
| Wages | — | — | — | £965,197 | £1,016,528 | £860,441 | -15.4% | |
| Directors' remuneration | £24,000 | £24,000 | £24,000 | £24,000 | £15,000 | £12,000 | -20% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | 9.4% | 8.3% | 2.0% | 0.1% | 9.2% | 13.1% | |
| Net margin | 7.6% | 6.8% | 1.6% | 0.2% | 7.2% | 10.4% | |
| Return on capital employed | 28.5% | 32.1% | 9.3% | 0.3% | 24.6% | 24.2% | |
| Gearing (liabilities / total assets) | — | — | — | — | 22.6% | 27.4% | |
| Current ratio | — | — | — | 5.28x | 4.43x | 3.73x |
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
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “The company recorded an improved gross margin of 20% (2024: 15%), despite a reduction in turnover, demonstrating robust market performance and effective business development strategies.”
- “Working capital remains strong, places the company in a good position for future growth.”
- “Overheads were effectively controlled and kept within budget, supporting overall profitability.”
- “In response to continued price volatility in the supply chain, the company has strategically deployed cash reserves to pre-purchase key materials, securing cost certainty on committed projects while maintaining a robust liquidity position.”
- “Mental health awareness across the construction industry is a major focus and we ensure that all projects have a dedicated mental health first aider to assist in this initiative.”
- “Environmental and Sustainability is another key focus we are gold members of the Sustainability school and strongly advocate better waste and environmental processes within our industry.”
- “During the period we supported charity fundraising events to the value of £22,000. Beneficiaries included St George, Canary Wharf Contractors Fund and the London Irish Centre.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GAVIN, Michael Gerrard | Director | 2013-08-20 | Apr 1973 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GAVIN, Martin | Secretary | 2012-07-05 | 2013-08-20 |
| GAVIN, Martin Joseph | Director | 2012-07-05 | 2013-08-20 |
| MAYE, Gerard | Director | 2014-08-01 | 2024-07-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mpg Contracts (Holdings) Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 46 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-04 | AA | accounts | Accounts with accounts type full | |
| 2025-07-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-06 | AA | accounts | Accounts with accounts type full | |
| 2024-07-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-12 | CH01 | officers | Change person director company with change date | |
| 2024-07-10 | TM01 | officers | Termination director company | |
| 2024-07-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-26 | AA | accounts | Accounts with accounts type full | |
| 2023-07-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-28 | AA | accounts | Accounts with accounts type full | |
| 2022-07-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-28 | AA | accounts | Accounts with accounts type full | |
| 2021-07-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-29 | AA | accounts | Accounts with accounts type full | |
| 2020-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2019-07-08 | CH01 | officers | Change person director company with change date | |
| 2019-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-05 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2019-05-10 | AA | accounts | Accounts with accounts type total exemption full |
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.