MATHEMATICAL MARKET RESEARCH LIMITED
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Next accounts due
2026-12-30 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-28 (in 10mo)
Last made up 2026-03-14
Watchouts
None on the register
Cash
£4M
+0.7% vs 2024
Net assets
£33M
+6.3% vs 2024
Employees
1,112
+14.1% vs 2024
Profit before tax
£3M
-20.9% vs 2024
Name history
Renamed 1 time since incorporation
- MATHEMATICAL MARKET RESEARCH LIMITED 1989-05-31 → present
- DAWDAN LIMITED 1988-10-11 → 1989-05-31
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £93,221,781 | £100,523,521 | |
| Operating profit | £4,986,156 | £4,270,851 | |
| Profit before tax | £4,154,301 | £3,286,054 | |
| Net profit | £2,877,229 | £2,383,124 | |
| Cash | £3,505,342 | £3,529,316 | |
| Total assets less current liabilities | £41,065,589 | £44,629,291 | |
| Net assets | £30,779,415 | £32,720,215 | |
| Equity | £30,779,415 | £32,720,215 | |
| Average employees | 975 | 1,112 | |
| Wages | £33,911,704 | £37,419,647 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 5.3% | 4.2% | |
| Net margin | 3.1% | 2.4% | |
| Return on capital employed | 12.1% | 9.6% | |
| Current ratio | 2.72x | 2.52x | |
| Interest cover | 5.94x | 4.30x |
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
- Consolidated group
- Auditor
- Shaw Gibbs (Audit) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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's and 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
- MATHEMATICAL MARKET RESEARCH LIMITED · parent
- Annandale Distillery Company Limited 100%
- Annandale Whisky Trading Company AG 100%
- Healthcare Research Worldwide Inc 100%
- Healthcare Research Worldwide Limited 100%
- MMR Management Consultancy (Shanghai) Limited 68%
- MMR Pesquisa De Marketing Do Brasil LTDA 100%
- MMR Research Worldwide (India) Private Ltd 100%
- MMR Research Worldwide Inc 100%
- MMR Research Worldwide Limited 100%
- MMR Research Worldwide Private Ltd 100%
- MMR Research Worldwide Proprietary Ltd 100%
- ORC Fieldwork Services Limited 100%
- Qubiq Online Limited 100%
- The UK Fieldwork Company Limited 100%
- Robert Burns' Globe Inn Ltd 100%
- Six Box Media Ltd 100%
- MMR Research Worldwide BV 100%
- MMR Research Worldwide SAS 100%
- The Together Agency Limited 100%
- Comlongon Ltd 100%
- Comlongon Castle Ltd 100%
- Glentarras Distillery Limited 100%
- Healthcare Research Group Ltd 100%
- MMR Research Group Ltd 100%
- Comlongon Estate Limited 100%
- MMR Research Worldwide (Thailand) Company Ltd 100%
- Pathos Limited 100%
- Pathos Research Limited 100%
- Pathos Healthcare Research Limited 100%
- The Henry Duncan Savings Bank Museum Limited 100%
- MMR Group Limited 100%
- Nation of Scots Ltd 100%
- Worldwide Research Limited 100%
- Research Worldwide Limited 100%
- Sensory Science Centre Limited 100%
- MMR Healthcare Limited 100%
- UK Field Work Services Limited 100%
- MMR Research Worldwide (Switzerland) GmbH 100%
Significant events
- “After the year end, the group entered into operating lease agreements resulting in future minimum lease payments under non-cancellable operating leases with a total value of £1,603,057 (of which £293,548 is due in the financial year end 2026).”
- “On 28 July 2025, the company extended the revolving credit facility with HSBC Bank Plc from £4m to £15m, of which another £2m was utilised on 28 July 2025.”
- “On 28 July 2025, Annandale Distillery Company Limited extended their asset based lending agreement with HSBC Invoice Finance (UK) Limited from £5m to £7m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHURCH, Teresa Carol | Director | 1991-02-01 | Oct 1959 | British |
| SONDUR, Seshagiri | Director | 2015-04-01 | Nov 1982 | British |
| THOMSON, David Marshall Hall, Prof | Director | — | Dec 1954 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHURCH, Teresa Carol | Secretary | 1991-02-01 | 1999-06-01 |
| MORRIS, John Graham | Secretary | 1999-06-01 | 2014-01-02 |
| ROGERS, Christopher | Secretary | 2014-01-02 | 2026-03-31 |
| THOMSON, David Marshall Hall, Prof | Secretary | — | 1991-11-16 |
| GREEN, Stephen Robert, Dr | Director | 1991-02-01 | 2003-05-31 |
| GUTTERIDGE, Colin Stuart, Dr | Director | — | 2001-04-25 |
| MORRIS, John Graham | Director | 1999-06-01 | 2002-09-30 |
| ROGERS, Christopher | Director | 2009-04-01 | 2026-03-31 |
| WITT, Antony David | Director | 2002-04-01 | 2007-09-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Prof David Marshall Hall Thomson | Individual | Shares 75–100% | 2016-11-16 | Active |
Filing timeline
Last 20 of 137 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-24 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-06 | AA | accounts | Accounts with accounts type group | |
| 2025-03-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-09 | AA | accounts | Accounts with accounts type group | |
| 2024-10-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-06-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-06-27 | CH03 | officers | Change person secretary company with change date | |
| 2024-03-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-23 | AA | accounts | Accounts with accounts type group | |
| 2023-11-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-29 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-07-25 | CH01 | officers | Change person director company with change date | |
| 2023-07-25 | CH01 | officers | Change person director company with change date | |
| 2023-05-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-01-05 | AA | accounts | Accounts with accounts type group | |
| 2022-11-23 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+7.8%
£93,221,781 £100,523,521
-
Cash
+0.7%
£3,505,342 £3,529,316
-
Net assets
+6.3%
£30,779,415 £32,720,215
-
Employees
+14.1%
975 1,112
-
Operating profit
-14.3%
£4,986,156 £4,270,851
-
Profit before tax
-20.9%
£4,154,301 £3,286,054
-
Wages
+10.3%
£33,911,704 £37,419,647
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