MFM HOLDING LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-05
Overdue
Watchouts
Cash
£13M
-20.7% vs 2023
Net assets
£56M
-4.6% vs 2023
Employees
—
Average over period
Profit before tax
-£2M
+80.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-05.
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £18,312,000 | £24,387,000 | |
| Operating profit | -£11,992,000 | -£2,373,000 | |
| Profit before tax | -£11,628,000 | -£2,244,000 | |
| Net profit | -£11,552,000 | -£2,061,000 | |
| Cash | £16,405,000 | £13,016,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £58,813,000 | £56,130,000 | |
| Equity | £58,813,000 | £56,130,000 | |
| Average employees | — | — | |
| Wages | £13,885,000 | £13,739,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -65.5% | -9.7% | |
| Net margin | -63.1% | -8.5% | |
| Gearing (liabilities / total assets) | 25.9% | 48.8% | |
| Current ratio | 2.57x | 1.37x | |
| Interest cover | -218.04x | -45.63x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The consolidated financial statements have been prepared on the going concern basis, as the directors have a reasonable expectation that the Group has adequate resources to continue operating under its current regulatory permissions and business model for the foreseeable future, being at least twelve months from the date of approval of these financial statements. 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
- MFM HOLDING LTD · parent
- MFM Investment Ltd 100%
- MFM Future S.R.L. 100%
- Profile FSH Ltd 100%
- Financial Lifetime Ltd 100%
- Profile Financial Solutions Ltd 100%
Significant events
- “On 28 February 2025, the Company completed the acquisition of Willis Owen Limited, a UK D2C investment platform with £680m in assets under administration ('AuA'). The Company acquired 100% of the equity capital and voting rights under the sale and purchase agreement (SPA) signed on 09 November 2024.”
- “Since the year-end, the Company received a commitment from existing shareholders for £10m in additional funding, which will be utilised over a two year period. The Company is awaiting regulatory approval for the related share issuance.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TAYLOR WESSING SECRETARIES LIMITED | Corporate Secretary | 2019-03-01 | — | — |
| CLARK, James Roy | Director | 2015-11-25 | Feb 1958 | American |
| DAPRA, Giovanni | Director | 2015-04-21 | Nov 1983 | Italian |
| DELIANO, Markus | Director | 2020-11-24 | Mar 1970 | German |
| GADHIA, Jayne-Anne | Director | 2022-11-23 | Oct 1961 | British |
| GALVANI, Paolo | Director | 2015-11-25 | Oct 1965 | Italian |
| GESESS, Paolo | Director | 2015-11-25 | Mar 1966 | Italian |
| GRECO, Camillo | Director | 2020-10-08 | Feb 1974 | Italian |
| MULLER, Kay | Director | 2023-02-01 | Dec 1975 | German |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| OHS SECRETARIES LIMITED | Corporate Secretary | 2015-04-21 | 2018-12-07 |
| BERTAGNA DE MARCHI, Stefano | Director | 2020-05-13 | 2020-10-08 |
| HEYMANN, Thorsten | Director | 2018-08-17 | 2019-12-31 |
| SPELSIEK, Jan | Director | 2020-01-29 | 2020-11-24 |
| STICKLER, Claus Oliver, Dr. | Director | 2016-06-21 | 2018-08-17 |
| TERZI, Vittorio Emanuele | Director | 2015-11-25 | 2018-08-17 |
| WEBER, Juergen | Director | 2018-08-18 | 2023-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Allianz Se. | Corporate entity | Shares 25–50%, Voting 25–50% | 2018-08-17 | Active |
| Cabot Square Capital Nominee Ltd | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2018-08-17 |
Filing timeline
Last 20 of 100 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-30 MA Memorandum articles
- 2025-04-22 RESOLUTIONS Resolution
- 2025-01-20 MA Memorandum articles
- 2023-12-16 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-30 | SH01 | capital | Capital allotment shares | |
| 2026-01-22 | SH01 | capital | Capital allotment shares | |
| 2025-09-17 | AA | accounts | Accounts with accounts type group | |
| 2025-08-29 | SH01 | capital | Capital allotment shares | |
| 2025-07-08 | SH01 | capital | Capital allotment shares | |
| 2025-07-08 | SH01 | capital | Capital allotment shares | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-30 | MA | incorporation | Memorandum articles | |
| 2025-04-22 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-22 | SH01 | capital | Capital allotment shares | |
| 2025-01-20 | MA | incorporation | Memorandum articles | |
| 2024-09-30 | AA | accounts | Accounts with accounts type group | |
| 2024-05-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-16 | RESOLUTIONS | resolution | Resolution | |
| 2023-09-19 | AA | accounts | Accounts with accounts type group | |
| 2023-09-04 | RP04PSC02 | persons-with-significant-control | Second filing notification of a person with significant control | |
| 2023-09-04 | RP04PSC09 | persons-with-significant-control | Second filing withdrawal of a person with significant control statement | |
| 2023-07-31 | SH01 | capital | Capital allotment shares | |
| 2023-07-27 | SH01 | capital | Capital allotment shares | |
| 2023-06-06 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 6
- Officers appointed
- 0
- Officers resigned
- 0
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
+33.2%
£18,312,000 £24,387,000
-
Cash
-20.7%
£16,405,000 £13,016,000
-
Net assets
-4.6%
£58,813,000 £56,130,000
-
Employees
—
Not reported
-
Operating profit
+80.2%
-£11,992,000 -£2,373,000
-
Profit before tax
+80.7%
-£11,628,000 -£2,244,000
-
Wages
-1.1%
£13,885,000 £13,739,000
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