MACTAGGART & MICKEL HOMES LIMITED
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Next accounts due
2027-01-31 (in 8mo)
Last filed for 2025-04-30
Confirmation statement due
2027-02-17 (in 9mo)
Last made up 2026-02-03
Watchouts
None on the register
Cash
£57K
+23.9% vs 2024
Net assets
£137M
-14.3% vs 2024
Employees
15
-6.3% vs 2024
Profit before tax
£8M
+458.7% vs 2024
Name history
Renamed 1 time since incorporation
- MACTAGGART & MICKEL HOMES LIMITED 2010-04-01 → present
- MACTAGGART & MICKEL LIMITED 1925-02-28 → 2010-04-01
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-04-30
| Metric | Trend | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Turnover | £6,543,000 | £19,839,000 | |
| Operating profit | -£3,098,000 | £6,903,000 | |
| Profit before tax | -£2,124,000 | £7,618,000 | |
| Net profit | -£1,557,000 | £7,089,000 | |
| Cash | £46,000 | £57,000 | |
| Total assets less current liabilities | £166,578,000 | £144,894,000 | |
| Net assets | £159,886,000 | £137,001,000 | |
| Equity | £159,886,000 | £137,001,000 | |
| Average employees | 16 | 15 | |
| Wages | £1,007,000 | £800,000 |
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 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Operating margin | -47.3% | 34.8% | |
| Net margin | -23.8% | 35.7% | |
| Return on capital employed | -1.9% | 4.8% | |
| Gearing (liabilities / total assets) | 12.7% | 16.6% | |
| Current ratio | 6.36x | 4.27x | |
| Interest cover | -309.80x | 431.44x |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making suitable enquiries, the Directors have a reasonable expectation that the company has adequate resources to meet its liabilities as they fall due for at least the next twelve months. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- MACTAGGART & MICKEL HOMES LIMITED · parent
- Mickel Products Limited 100%
- Mactaggart & Mickel Limited 100%
- Mactaggart & Mickel Lettings Limited 100%
- Millerhill Estates Limited 100%
- Longthorn Farms Limited 100%
Significant events
- “In March 2024 we entered into a bulk-annuity insurance buy-out agreement with specialist regulated pensions insurer Aviva. This transaction has two phases. The initial buy-in transaction has involved the transfer of the assets of the Mactaggart & Mickel Pension Plan in return for an insurance policy. In February 2025, the scheme was closed for future accrual with all remaining members opting out of the scheme.”
- “The Company reported a profit before taxation of £7.6 million (2024: £2.1 million loss). The turnover achieved for the year was £19.8 million (2024: £6.5 million). The Company produced a profit before tax from continuing operations of £7.3 million (2024: £2.9 million) which was based on profits from lands sales and the private rental portfolio.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCKELVIE, Nichola | Secretary | 2022-08-01 | — | — |
| MCKELVIE, Nichola | Director | 2024-09-01 | May 1978 | British |
| MICKEL, Andrew Alexander Mactaggart | Director | 2023-09-01 | Oct 1973 | British |
| MICKEL, Ross | Director | 2023-09-01 | Oct 1974 | British |
| ORMOND, Craig Mcneill | Director | 2017-01-01 | Jun 1980 | British |
| SHAW, David John | Director | 2018-02-27 | Jan 1961 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARTLEY, Alan James | Secretary | 2004-12-06 | 2017-05-03 |
| MCANINCH, Paul John | Secretary | 2017-05-03 | 2022-08-01 |
| SMITH, Alexander Robert | Secretary | 1998-05-01 | 2004-12-06 |
| WARK, John Ronald Cargill | Secretary | — | 1998-05-01 |
| CASEY, Joanne Matheson | Director | 2008-09-29 | 2022-07-11 |
| CRAIG, John Cumming | Director | 1997-10-01 | 2004-04-30 |
| FORBES, Marion | Director | 2011-04-30 | 2022-07-11 |
| GOOLD, James Duncan | Director | — | 1997-07-27 |
| HARTLEY, Alan James | Director | 2004-05-01 | 2017-05-03 |
| MCANINCH, Paul John | Director | 2011-04-30 | 2023-09-01 |
| MICKEL, Andrew Alexander Mactaggart | Director | 2002-10-01 | 2017-01-09 |
| MICKEL, Bruce George Andrew | Director | — | 2012-05-01 |
| MICKEL, Derek Andrew | Director | — | 2008-05-01 |
| MICKEL, Douglas W | Director | — | 2000-09-28 |
| MICKEL, Ross | Director | 2014-02-19 | 2017-01-09 |
| MONAGHAN, Edmund Joseph | Director | 2002-05-01 | 2022-10-27 |
| SHEPHERD, Peter Glen | Director | 2011-04-30 | 2022-07-11 |
| WARK, John Ronald Cargill | Director | — | 1998-12-31 |
| WATT, Lesley | Director | 2005-04-28 | 2005-08-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mactaggart & Mickel Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 633 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-24 | AA | accounts | Accounts with accounts type full | |
| 2025-10-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-28 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 18
- 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
FY2024 → FY2025 · period ending 2025-04-30 vs 2024-04-30
-
Turnover
+203.2%
£6,543,000 £19,839,000
-
Cash
+23.9%
£46,000 £57,000
-
Net assets
-14.3%
£159,886,000 £137,001,000
-
Employees
-6.3%
16 15
-
Operating profit
+322.8%
-£3,098,000 £6,903,000
-
Profit before tax
+458.7%
-£2,124,000 £7,618,000
-
Wages
-20.6%
£1,007,000 £800,000
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