M2 GROUP LIMITED
Operating in association with Miller Developments, this Glasgow-based company focuses on the acquisition, development, and sale of real estate across the UK.
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Cash
£9.5M
-55.3% lowest in 4 filed years
Net assets
£49M
-27.9% lowest in 3 filed years
Employees
10
0% vs 2024
Profit before tax
£14M
-0.3% vs 2024
Net assets
5-year trend · vs Real Estate median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £86,121,683 | £53,889,719 | £40,550,891 | -24.8% | |
| Operating profit | — | — | £16,072,169 | £13,451,193 | £12,759,158 | -5.1% | |
| Profit before tax | — | — | £17,768,177 | £14,396,517 | £14,348,657 | -0.3% | |
| Net profit | — | £42,931,871 | £13,815,570 | £10,622,243 | £10,885,327 | +2.5% | |
| Cash | — | £13,206,175 | £28,567,950 | £21,230,115 | £9,494,276 | -55.3% | |
| Total assets less current liabilities | — | — | £73,099,905 | £68,705,674 | £49,576,217 | -27.8% | |
| Net assets | — | — | £72,893,650 | £68,515,893 | £49,401,220 | -27.9% | |
| Equity | — | — | £72,893,650 | £68,515,893 | £49,401,220 | -27.9% | |
| Average employees | 5 | 9 | 10 | 10 | 10 | 0% | |
| Wages | — | £1,267,961 | £2,112,358 | £2,493,989 | £3,880,595 | +55.6% | |
| Directors' remuneration | — | — | £1,605,190 | £1,856,208 | £3,079,681 | +65.9% |
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | 18.7% | 25.0% | 31.5% | |
| Net margin | — | — | 16.0% | 19.7% | 26.8% | |
| Return on capital employed | — | — | 22.0% | 19.6% | 25.7% | |
| Current ratio | — | — | 6.69x | 3.42x | 3.79x |
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
- M2 GROUP LIMITED 2020-06-17 → present
- M2 VENTURES LIMITED 2018-07-06 → 2020-06-17
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group and parent company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the directors continue to adopt the going concern basis of accourting in preparing the financial statements.”
Group structure
- M2 GROUP LIMITED · parent
- M2 Holdco Limited 100%
- Omega St Helens Limited 100%
- Miller Group Holdings (UK) Limited 100%
- Omega Warrington Limited 100%
- M2 Paisley Limited 100%
- M2 Three Limited 100%
- Miller (St Neots) Limited 100%
- M2 Northern Limited 100%
- M2 Strategic Limited 100%
- South Queensferry Limited 100%
- Omega South (Zone 7) Management Company Limited
- Omega South Management Company Limited
- M2 Investco Limited 100%
- M2 Residential Limited 100%
- M2 Farms Limited 100%
- M2 Dyce Limited 100%
- M2 Broxburn Limited 100%
- M2 Broxburn Industrial Limited 100%
- Omega West Management Company Limited
- M2 West Edinburgh Limited 100%
- M2 Energy Storage Limited 100%
- M2 Mannings Lane Limited 100%
- M2 Craigiehall Limited 100%
- Miller M2 (Barns Green) Limited 100%
- Omega North Management Company Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| THOMSON, Alexis | Secretary | 2025-11-19 | — | — |
| GRAHAM, Colin John | Director | 2021-05-20 | Jan 1974 | British |
| KING, Allan Duncan | Director | 2018-08-29 | Oct 1961 | British |
| KING, Allan Alexander | Director | 2018-07-06 | Aug 1989 | British |
| MILLOY, David Thomas | Director | 2018-08-07 | May 1965 | British |
| YOUNG, Eric Macfie | Director | 2018-08-07 | Oct 1955 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PARK, Katherine Mary | Secretary | 2019-08-08 | 2025-11-19 |
| BUTCHART, Ian | Director | 2018-08-07 | 2020-10-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Thorntonhall Holdings Limited | Corporate entity | Voting 25–50% | 2019-08-23 | Active |
| Rutterford (Holdings) Limited | Corporate entity | Voting 25–50% | 2019-08-23 | Active |
| Jack Ventures Limited | Corporate entity | Shares 50–75%, Voting 25–50% | 2018-08-29 | Active |
| Mr Allan Alexander King | Individual | Shares 75–100%, Voting 75–100% | 2018-07-06 | Ceased 2018-08-29 |
Filing timeline
Last 20 of 43 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-29 | AA | accounts | Accounts with accounts type group | |
| 2025-11-20 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-11-20 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-05 | AA | accounts | Accounts with accounts type group | |
| 2024-07-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-05 | AA | accounts | Accounts with accounts type group | |
| 2023-12-11 | CH01 | officers | Change person director company with change date | |
| 2023-11-14 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-11-14 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-07-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-05 | AA | accounts | Accounts with accounts type group | |
| 2023-05-03 | CH01 | officers | Change person director company with change date | |
| 2022-07-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-05-25 | AA | accounts | Accounts with accounts type group | |
| 2021-07-05 | AA | accounts | Accounts with accounts type group | |
| 2021-07-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2020-11-02 | TM01 | officers | Termination director company with name termination date | |
| 2020-10-26 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- 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.