MHS GROUP (HOLDINGS) LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. MHS GROUP (HOLDINGS) LIMITED 2019-05-31 → present
2. GRAY FORKLIFT GROUP (HOLDINGS) LIMITED 2016-03-24 → 2019-05-31
3. FF (GRAY) LIMITED 2015-03-13 → 2016-03-24

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)

Auditor

DJH Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopted the going concern basis in preparing the annual financial statements.”

Group structure

1. MHS GROUP (HOLDINGS) LIMITED · parent
   1. Gray Development Company Limited 100% · Scotland · Holding company
   2. Gray Forklift Services Limited 100% · Scotland · Sale and hire of forklift trucks
   3. Gray Material Handling (Inverness) Limited 100% · Scotland · Sale and hire of forklift trucks
   4. A&S Forklift Services Limited 100% · Scotland · Sale and hire of forklift trucks

Significant events

• “On 24 February 2025, 100% of the issued share capital of CorpAcq Holdings Limited, which in turn owns 100% of CorpAcq Limited, was acquired by Celadon Bidco Limited. Celadon Bidco Limited is 55.32% owned by Celadon Bidco Sarl, 25.23% by Orange UK Holdings, 5.16% by Goldman Sachs and 14.29% by other Shareholders. Celadon Bidco Sarl, the majority shareholder in the new group structure, is ultimately 100% owned by TDR Capital Nominees 2021 Limited on behalf of TDR Capital V LP managed by TDR Capital LLP.”

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

Filings

4

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -10.9%

  £2,068,809 → £1,843,809

• Employees

  —

  Not reported

• Profit before tax

  +55.6%

  £450,000 → £700,000

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