MILTON KEYNES DONS LIMITED

1. MILTON KEYNES DONS LIMITED 2004-02-26 → present
2. LAWGRA (NO.1028) LIMITED 2003-06-04 → 2004-02-26

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 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Despite the company having net current liabilities of £13m (2023 - £11.2m), the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. In doing so, the Directors have considered the current loss making position of the Company, the forecast losses across the going concern period and the Company's reliance on further cash injections from its shareholders.”

Group structure

1. MILTON KEYNES DONS LIMITED · parent
   1. Milton Keynes City Football Club Limited 100% · UK · Non-trading
   2. Milton Keynes Football Club Limited 100% · UK · Non-trading

Significant events

• “On 9 August 2024, the full share capital of Stadium MK Group Limited was acquired by MKD Holdco Limited, a UK company owned by a consortium based in Kuwait: MKD Holdco is considered not to be controlled by any one party by virtue of shareholding or any other means.”
• “As a result of this acquisition, Inter MK Limited and MRT Development Consultants Limited are no longer part of the Stadium MK Group. This acquisition also included the full settlement of external bank borrowings and balances held between Stadium MK Group and Inter MK Limited and MRT Development Consultants Limited.”
• “Since the balance sheet date, there has been both acquisitions and disposals of player registrations which the Company consider to be material both in nature and value.”
• “In November 2024, Michael Williamson left his role as manager of the first team of Milton Keynes Dons and was replaced by Scott Lindsey. In March 2025 Scott Lindsey left his role as manager of the first of Milton Keynes Dons and was replaced by Paul Warne.”

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

Filings

2

last 12 months

Capital events

0

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

  -17.9%

  £6,959,298 → £5,716,673

• Cash

  -52.1%

  £679,811 → £325,486

• Net assets

  -22.2%

  -£10,454,532 → -£12,778,447

• Employees

  -1.6%

  122 → 120

• Operating profit

  -7.9%

  -£3,432,184 → -£3,702,990

• Profit before tax

  -38.9%

  -£2,222,346 → -£3,085,783

• Wages

  -12.3%

  £5,087,173 → £4,463,956

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers