MDL DEVELOPMENT COMPANY NUMBER 2 LIMITED

Accounts Submitted 14 Nov 2025

Confirmation Statement Submitted 29 Sept 2025

Net assets £132.66M £10.47M 2024 year on year

Total assets £135.51M £8.92M 2024 year on year

Total Liabilities £2.85M £1.55M 2024 year on year

Charges 4

3 outstanding 1 satisfied

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Contact & Details

Contact

Update Details

Registered Address

The Yacht Club 1 Channel Way Ocean Village Southampton Hampshire SO14 3QF United Kingdom

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2022–2024)

Cash in Bank

£10.00k

Net Assets

£132.66M

Decreased by £10.47M (-7%)

Total Liabilities

£2.85M

Increased by £1.55M (+120%)

Turnover

N/A

Employees

N/A

Debt Ratio

Increased by 1 (+100%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

6 active 16 resigned

Show resigned officers

						Status
Catherine Elinor Fleming	Secretary	Unknown	Unknown	—	21 May 2015	Active
Edward Richard Iliffe	Director	British	England	57	19 Jun 2012	Active
James Winston Barnes	Director	British	United Kingdom	58	24 Apr 2025	Active
Jonathan Andrew King	Director	British	England	58	1 Nov 2024	Active
Kristi Gabrielle Roger	Director	British	United Kingdom	51	18 Sept 2019	Active
Timothy James Mayer	Director	British	United Kingdom	46	15 Dec 2021	Active

Shareholders

Shareholders (1)


Mdl Marinas Group Limited	100.0%	500,000	Ordinary 1.00	3 Nov 2015

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Mdl Marinas Group Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

MDL MARINAS GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

YATTENDON GROUP PLC united kingdom

MDL DEVELOPMENT COMPANY NUMBER 2 LIMITED Current Company

MDL ROUNDHOUSE CONSTRUCTION LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

PORT PENLEE WATERSIDE DEVELOPMENTS LIMITED united kingdom shares 25 to 50 percent

Charges

3 outstanding 1 satisfied

Documents

Company Filings

Date	Category	Description	Document
14 Nov 2025	Accounts	Annual accounts made up to 2025-03-31	View(15 pages)
14 Nov 2025	Accounts	Annual accounts filed	View(46 pages)
14 Nov 2025	Other	Audit exemption statement of guarantee by parent company for period ending 31/03/25	View(3 pages)
14 Nov 2025	Other	Notice of agreement to exemption from audit of accounts for period ending 31/03/25	View(1 page)
29 Sept 2025	Confirmation Statement	Confirmation statement made on 2025-09-29 with no updates	View(3 pages)