M GROUP (PLANT & FLEET SOLUTIONS) LIMITED

1. M GROUP (PLANT & FLEET SOLUTIONS) LIMITED 2025-04-01 → present
2. M GROUP SERVICES PLANT & FLEET SOLUTIONS LIMITED 2019-10-31 → 2025-04-01

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has access, if needed, to funding from its intermediate holding company Minerva Equity Limited ("the Group"), which has confirmed its intention to support the business for a period of at least twelve months from the date of approval of the financial statements. The Directors have undertaken the going concern assessment for the Group for a minimum of 12 months from the date of signing these financial statements. The Directors have taken into account the outlook for the Group including the resilient sectors in which it operates, the nature of the essential services that we provide to critical national infrastructure, and the strong long-term order book with blue-chip clients.”

Significant events

• “On 23 September 2024, M Group Limited (formerly Midas Midco Limited), via its 100% owned subsidiary Midas Bidco I Ltd, acquired 100% of the ordinary share capital of Minerva Equity Ltd, from Blueprint Investments Sarl (Luxembourg).”
• “On 27 June 2024, a share purchase agreement to sell 100% of the share capital in Minerva Equity Limited Group was signed by PAI Partners, the ultimate parent undertaking of the Group, other management shareholders and Midas Bidco I Limited, a company controlled by CVC Capital Partners, with completion having occurred in September 2024.”
• “On 1 April 2025 the Company changed its name to M Group (Plant & Fleet Solutions) Limited, from M Group Services Plant & Fleet Solutions Limited as part of a rebranding across the Group, to align entities under a common 'M Group' banner.”

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

  +14.3%

  £132,062,000 → £151,012,000

• Cash

  -68.7%

  £1,381,000 → £432,000

• Net assets

  +38.6%

  £6,348,000 → £8,800,000

• Employees

  +1.2%

  248 → 251

• Operating profit

  +60.3%

  £2,529,000 → £4,054,000

• Profit before tax

  +25.2%

  £2,816,000 → £3,527,000

• Wages

  +13.5%

  £11,130,000 → £12,635,000

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