MCML LIMITED

• ⚠

  Material uncertainty over going concern

  As MCM has ceased trading, it is not appropriate to prepare the financial statements on a going concern basis. This includes writing the Company's assets down to net realisable value. No provision has been made for the future costs of terminating the business unless such costs were committed as at 31 March 2025. The Company is subject to ongoing litigation and regulatory investigation, as detailed in Note 13. The outcome of these matters may affect the ability of the Company to meet its obligations as they fall due.

1. MCML LIMITED 2023-09-12 → present
2. E D & F MAN CAPITAL MARKETS LIMITED 2012-02-02 → 2023-09-12
3. E D & F MAN COMMODITY ADVISERS LIMITED 2000-11-27 → 2012-02-02
4. E D & F MAN DEALERS LIMITED 2000-06-01 → 2000-11-27
5. HOLCO INTERNATIONAL LIMITED 1982-08-26 → 2000-06-01
6. INTERNATIO-MULLER U.K. LIMITED 1977-12-31 → 1982-08-26
7. TRUSHELFCO (NO. 107) LIMITED 1976-12-30 → 1977-12-31

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

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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As MCM has ceased trading, it is not appropriate to prepare the financial statements on a going concern basis. This includes writing the Company's assets down to net realisable value. No provision has been made for the future costs of terminating the business unless such costs were committed as at 31 March 2025. The Company is subject to ongoing litigation and regulatory investigation, as detailed in Note 13. The outcome of these matters may affect the ability of the Company to meet its obligations as they fall due.”

Significant events

• “On May 31, 2025, the Company approved a capital reduction by way of a solvency statement to increase its distributable reserves. The issued share capital was reduced from US$183,700,000 to US$40,000,000 by cancelling and extinguishing US$143,700,000 of the ordinary shares of US$10 each.”

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

Filings

15

last 12 months

Capital events

3

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.

• Turnover

  —

  Not reported

• Cash

  +36%

  £37,406,000 → £50,865,000

• Net assets

  +16.4%

  £45,216,000 → £52,633,000

• Employees

  0%

  3 → 3

• Operating profit

  +224%

  -£5,606,000 → £6,950,000

• Profit before tax

  +268.1%

  -£4,722,000 → £7,940,000

• Wages

  -57.1%

  £247,000 → £106,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers