MREIT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-29 (in 1mo)
Last made up 2025-06-15
Watchouts
None on the register
Cash
£3M
-23% vs 2023
Net assets
£14M
-9.8% vs 2023
Employees
—
Average over period
Profit before tax
-£1M
+61% vs 2023
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,908,000 | £4,571,000 | |
| Operating profit | -£3,745,000 | -£547,000 | |
| Profit before tax | -£3,745,000 | -£1,461,000 | |
| Net profit | -£3,745,000 | -£1,485,000 | |
| Cash | £4,097,000 | £3,154,000 | |
| Total assets less current liabilities | £465,000 | £27,978,000 | |
| Net assets | £15,210,000 | £13,725,000 | |
| Equity | £15,210,000 | £13,725,000 | |
| Average employees | — | — | |
| Wages | — | — |
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 | -196.3% | -12.0% | |
| Net margin | -196.3% | -32.5% | |
| Return on capital employed | -805.4% | -2.0% | |
| Gearing (liabilities / total assets) | 79.5% | 82.9% | |
| Current ratio | 0.25x | 0.07x | |
| Interest cover | — | -0.61x |
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
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements are prepared on a going concern basis. Directors confirm adequate resources to meet liabilities for at least 12 months, having reviewed forecasts, financing facilities, and covenants, and receiving assurance from the ultimate controlling party regarding shareholder loans.”
Group structure
- MREIT LIMITED · parent
- Moorfield Wakmoor Holdings Limited 100%
- Moorfield BrickMoor Holdings Limited 100%
- BrickMoor V Investments Limited 100%
- BrickMoor V London Limited 100%
- BrickMoor V South West Limited 100%
- BrickMoor V South East Limited 100%
- Wakmoor V Limited 100%
- Wakmoor V (Investments) Limited 100%
Significant events
- “The Group has acquired a further £370,000 of investment property in existing target markets since the balance sheet date.”
- “The Group has sold £208,000 of investment property in the Southeast of England since the balance sheet date.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FERGUSON-DAVIE, Charles John | Director | 2023-06-16 | Oct 1978 | British |
| GILBARD, Marc Edward Charles | Director | 2023-06-16 | May 1962 | British |
| HALL, Steven | Director | 2023-06-16 | Jun 1977 | British |
| MALIM, Sadie Joanna | Director | 2024-04-01 | Mar 1980 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mref V Gp Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-06-16 | Active |
Filing timeline
Last 13 of 13 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-24 | CH01 | officers | Change person director company with change date | |
| 2025-11-24 | CH01 | officers | Change person director company with change date | |
| 2025-11-24 | CH01 | officers | Change person director company with change date | |
| 2025-11-24 | CH01 | officers | Change person director company with change date | |
| 2025-11-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-09 | AA | accounts | Accounts with accounts type group | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | AA | accounts | Accounts with accounts type full | |
| 2024-07-29 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-23 | SH01 | capital | Capital allotment shares | |
| 2023-06-16 | AA01 | accounts | Change account reference date company current shortened | |
| 2023-06-16 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- 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
+139.6%
£1,908,000 £4,571,000
-
Cash
-23%
£4,097,000 £3,154,000
-
Net assets
-9.8%
£15,210,000 £13,725,000
-
Employees
—
Not reported
-
Operating profit
+85.4%
-£3,745,000 -£547,000
-
Profit before tax
+61%
-£3,745,000 -£1,461,000
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