MTR GROUP LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-11-22 (in 6mo)
Last made up 2025-11-08
Watchouts
Cash
£4M
+35.3% vs 2024
Net assets
£13M
+9.2% vs 2024
Employees
84
+9.1% vs 2024
Profit before tax
£2M
+24.2% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 1 time since incorporation
- MTR GROUP LIMITED 2015-08-21 → present
- MOBILE TECHNOLOGY REFURBISHMENT LIMITED 2011-11-08 → 2015-08-21
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £42,644,851 | £43,789,571 | |
| Operating profit | £931,241 | £1,220,776 | |
| Profit before tax | £1,229,610 | £1,527,670 | |
| Net profit | £907,359 | £1,095,897 | |
| Cash | £2,817,633 | £3,811,230 | |
| Total assets less current liabilities | £12,126,080 | £13,014,411 | |
| Net assets | £11,921,066 | £13,016,963 | |
| Equity | £11,921,066 | £13,016,963 | |
| Average employees | 77 | 84 | |
| Wages | £3,046,948 | £3,411,030 |
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 | 2.2% | 2.8% | |
| Net margin | 2.1% | 2.5% | |
| Return on capital employed | 7.7% | 9.4% | |
| Current ratio | 1.89x | 1.77x | |
| Interest cover | 63.59x | 137.74x |
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)
- Auditor
- KPMG
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”
Significant events
- “On the 5th of April 2025, MTR acquired the company G8 Technologies Limited (04521228). G8 Technologies limited operate a business specialising in mobile device repairs, allowing MTR group to further diversify their service offerings.”
- “DCC Plc. the ultimate parent company are in the process of selling Exertis UK Ltd and its subsidiaries to Aurelius Group. Completion of the sale is estimated for the end of October 2025 subject to regulatory approvals.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FORBES, Mark Edward | Director | 2026-03-16 | Jun 1974 | Irish |
| GODDARD, James | Director | 2025-12-11 | Oct 1989 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HINDS, Richard | Secretary | 2017-07-31 | 2022-08-19 |
| BRYAN, Paul William | Director | 2020-01-31 | 2024-07-01 |
| CASEY, Stephen | Director | 2017-07-31 | 2020-04-30 |
| DEACON, Leslie Robert | Director | 2020-04-30 | 2024-07-01 |
| ENNIS, Niall David | Director | 2017-07-31 | 2018-06-30 |
| GRIFFIN, Timothy David | Director | 2018-06-30 | 2025-12-11 |
| HEALY, Steven | Director | 2011-11-08 | 2019-11-05 |
| HINDS, Richard John | Director | 2021-06-03 | 2022-08-19 |
| MCCARTHY, Rod | Director | 2025-11-13 | 2026-02-28 |
| O'KEEFFE, Gerard Patrick | Director | 2017-07-31 | 2020-01-31 |
| PAYNE, Andrew | Director | 2011-11-08 | 2019-11-05 |
| SUDLOW, Michael Andrew John | Director | 2024-07-01 | 2025-11-13 |
| VENSKUS, Laurynas | Director | 2011-11-08 | 2013-04-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Exertis (Holdings) Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-08-17 | Ceased 2025-10-31 |
| Exertis (Uk) Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-07-31 | Ceased 2025-08-17 |
| Mr Steven Healy | Individual | Shares 25–50% | 2016-11-08 | Ceased 2017-07-31 |
| Mr Andrew Payne | Individual | Shares 25–50% | 2016-11-08 | Ceased 2017-07-31 |
| Marie Healy | Individual | Shares 25–50% | 2016-04-08 | Ceased 2017-07-31 |
| Mrs Stephanie Joanne Payne | Individual | Shares 25–50% | 2016-04-08 | Ceased 2017-07-31 |
| Mr Andrew Payne | Individual | Voting 25–50% | 2016-04-08 | Ceased 2017-07-31 |
Filing timeline
Last 20 of 84 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-06 MA Memorandum articles
- 2025-11-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-25 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-09 | CH01 | officers | Change person director company with change date | |
| 2026-01-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-03 | AA | accounts | Accounts with accounts type full | |
| 2025-12-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-20 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-11-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-06 | MA | incorporation | Memorandum articles | |
| 2025-11-06 | RESOLUTIONS | resolution | Resolution | |
| 2025-11-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-09-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-12-27 | AA | accounts | Accounts with accounts type full | |
| 2024-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 18
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
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
+2.7%
£42,644,851 £43,789,571
-
Cash
+35.3%
£2,817,633 £3,811,230
-
Net assets
+9.2%
£11,921,066 £13,016,963
-
Employees
+9.1%
77 84
-
Operating profit
+31.1%
£931,241 £1,220,776
-
Profit before tax
+24.2%
£1,229,610 £1,527,670
-
Wages
+11.9%
£3,046,948 £3,411,030
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