M.D.F. DATABASE SOLUTIONS LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-27 (in 7mo)
Last made up 2025-12-13
Watchouts
None on the register
Cash
£88K
+349.6% highest in 3 filed years
Net assets
£1K
+100.8% vs 2023
Employees
8
-20% lowest in 3 filed years
Profit before tax
£51K
+105.9% vs 2023
Net assets
5-year trend · vs Technology median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £2,102,871 | £1,314,456 | |
| Operating profit | — | — | — | £62,214 | £18,647 | |
| Profit before tax | — | — | — | -£866,692 | £51,034 | |
| Net profit | — | — | — | -£770,466 | £146,962 | |
| Cash | — | £87,963 | — | £19,630 | £88,258 | |
| Total assets less current liabilities | — | — | — | -£110,265 | £16,329 | |
| Net assets | — | — | — | -£145,866 | £1,096 | |
| Equity | £1,186,260 | £1,392,136 | £1,397,078 | -£145,866 | £1,096 | |
| Average employees | — | 13 | — | 10 | 8 | |
| Wages | — | — | — | £976,331 | £771,381 |
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 | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 3.0% | 1.4% | |
| Net margin | — | — | — | -36.6% | 11.2% | |
| Return on capital employed | — | — | — | -56.4% | 114.2% | |
| Interest cover | — | — | — | 90.96x | — |
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 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- S&W Audit
- 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 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.”
Significant events
- “During the previous period the company entered into offset agreements and debt waiver agreements as part of a restructuring process immediately preceding acquisition by the Vela Software Pty Limited on 1 April 2023. These transactions are both material and exceptional due to their one off nature pursuant to as restructure process. As such, the resulting intercompany loan waiver above is recognised as an exceptional item after operating profit.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLEARWATER, Mark Edward | Director | 2025-07-09 | Dec 1974 | Australian |
| O'HAGAN, James Tyler | Director | 2023-04-01 | Sep 1983 | Canadian |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BELL, Janice Davina | Secretary | 2006-05-23 | 2018-04-13 |
| EGAN, Shaun Robinson | Secretary | 2001-11-15 | 2006-05-23 |
| GEORGES, Nick | Secretary | 2020-07-24 | 2023-04-01 |
| SBI COMPANY SECRETARIES LTD | Corporate Nominee Secretary | 2000-12-13 | 2001-11-15 |
| BELL, Janice Davina | Director | 2006-05-23 | 2018-04-13 |
| DAVIES, Rhys William | Director | 2022-06-27 | 2023-04-01 |
| DODD, Paul Graeme | Director | 2018-04-13 | 2018-09-07 |
| DONALDSON, Andrew Mark | Director | 2016-11-21 | 2023-03-28 |
| EGAN, Shaun Robinson | Director | 2001-01-06 | 2006-05-23 |
| FLYNN, Peter John | Director | 2000-12-21 | 2018-04-13 |
| KERRIDGE, Brian Stuart | Director | 2000-12-21 | 2002-06-30 |
| MARTIN, Gary John | Director | 2018-09-07 | 2023-04-01 |
| O'DONNELL, Justin Phillip | Director | 2018-04-13 | 2020-07-24 |
| POULSOM, Christopher Mark | Director | 2006-09-25 | 2023-03-28 |
| RUSHFORTH, Allan | Director | 2020-01-28 | 2021-12-06 |
| WHITING, Ian Clive | Director | 2023-04-01 | 2025-07-09 |
| SBI COMPANY DIRECTORS LTD | Corporate Nominee Director | 2000-12-13 | 2000-12-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vela Apac Uk Holdco Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-01-01 | Active |
| Mr Peter John Flynn | Individual | Shares 50–75%, Voting 50–75%, Appoints directors, right-to-appoint-and-remove-directors-as-firm | 2016-06-01 | Ceased 2018-06-01 |
Filing timeline
Last 20 of 115 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-04-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-19 | AA | accounts | Accounts with accounts type full | |
| 2025-07-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-01-13 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-01-11 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2023-12-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-30 | AA | accounts | Accounts with accounts type full | |
| 2023-06-19 | AA01 | accounts | Change account reference date company current extended | |
| 2023-05-04 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2023-04-26 | CH01 | officers | Change person director company with change date | |
| 2023-04-21 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-04-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-15 | RESOLUTIONS | resolution | Resolution |
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-37.5%
£2,102,871 £1,314,456
-
Cash
+349.6%
£19,630 £88,258
highest in 3 filed years
-
Net assets
+100.8%
-£145,866 £1,096
-
Employees
-20%
10 8
lowest in 3 filed years
-
Operating profit
-70%
£62,214 £18,647
-
Profit before tax
+105.9%
-£866,692 £51,034
-
Wages
-21%
£976,331 £771,381
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