MTR PROPERTY DEVELOPMENT MANAGEMENT (UK) LIMITED

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 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As at 31 December 2024, the company, had net assets and net current assets of £300,199 (2023: £288,957), cash and cash equivalents of £343,527 (2023: £269,192), and profit after tax for the year ended of £11,242 (2023: £128,865). The company's current net asset position demonstrates that it has sufficient liquidity to enable the company to meet its financial obligations as they fall due for at least 12 months from the date of approval of these financial statements. Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. MTR PROPERTY DEVELOPMENT MANAGEMENT (UK) LIMITED · parent
   1. Mersey 1 Limited 50% · UK · property development management

Significant events

• “Mersey 1 Limited submitted a planning application for the redevelopment project at Liverpool Street Station in April 2023. The redevelopment is currently a hiatus in the planning process and is effectively on hold but Mersey 1 Limited continue to work with the authorities, and progress with other aspects of the redevelopment project.”
• “There were no material events after the end of the reporting period.”

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

  -100%

  £162,500 → £0

• Cash

  +27.6%

  £269,192 → £343,527

• Net assets

  +3.9%

  £288,957 → £300,199

• Employees

  0%

  2 → 2

• Operating profit

  -100.1%

  £162,500 → -£150

• Profit before tax

  -91.1%

  £168,496 → £15,039

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