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M GROUP WATER (MEICA PROJECTS) LIMITED

Active Glasgow

Electrical installation

193 employees Website
Property, infrastructure and construction Civil engineering & infrastructure Electrical installation
M

M GROUP WATER (MEICA PROJECTS) LIMITED

Electrical installation

Founded 10 Apr 2002 Active Glasgow, Scotland 193 employees idsystemsuk.co.uk
Property, infrastructure and construction Civil engineering & infrastructure Electrical installation
Accounts Submitted 12 Aug 2025
Confirmation Statement Submitted 23 Apr 2025
Net assets £-6.56M £5.92M 2024 year on year
Total assets £9.95M £1.11M 2024 year on year
Total Liabilities £16.51M £7.03M 2024 year on year
Charges 4
4 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Unit 1, Axis Park Orchardton Road Cumbernauld Glasgow G68 9LB Scotland

Telephone

0123 680 8696

Credit Report

Discover M GROUP WATER (MEICA PROJECTS) LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

See All Mutual Companies

Financials

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 (2015–2024)

Cash in Bank

£2.03M

Increased by £1.67M (+464%)

Net Assets

-£6.56M

Decreased by £5.92M (-913%)

Total Liabilities

£16.51M

Increased by £7.03M (+74%)

Turnover

£20.23M

Decreased by £4.90M (-19%)

Employees

193

Decreased by 7 (-4%)

Debt Ratio

166%

Increased by 59 (+55%)
See 10 Year Full Financials

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

Officers

4 active 18 resigned
Status
Alexandra Nelia BadelSecretaryUnknownUnknown—20 Nov 2023Active
Ben Nicholas MorrillSecretaryUnknownUnknown—20 Nov 2023Active
Christian KeenDirectorBritishEngland6115 Sept 2022Active
Stephen John PatersonDirectorBritishEngland3620 Aug 2024Active

Shareholders

Shareholders (1)

M Group Water Limited
100.0%
1023 Apr 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Mgs Water Limited

United Kingdom

Active
Notified 19 Dec 2024
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Corrine Johnston Doherty

Ceased 16 Jun 2016

Ceased

Ids Holdings Limited

Ceased 19 Dec 2024

Ceased

Iain Doherty

Ceased 16 Jun 2016

Ceased
See All Controllers

Group Structure

Group Structure

M GROUP WATER LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
M GROUP (SERVICES) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MINERVA BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MINERVA PARENT LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MINERVA DEBTCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MINERVA HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MINERVA EQUITY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MIDAS BIDCO I LIMITED united kingdom shares 75 to 100 percent
M GROUP LIMITED united kingdom
M GROUP WATER (MEICA PROJECTS) LIMITED Current Company
A1BA CONTROL SOLUTIONS LTD united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent
IDS (INTEGRATION) LTD. united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
IDS (SPECIAL PROJECTS) LTD. united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

4 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
3 Sept 2025OfficersTermination of Peter Alan Tosland as director on 2025-08-29View(1 page)
3 Sept 2025OfficersTermination of Iain James Sutherland as director on 2025-08-29View(1 page)
3 Sept 2025OfficersTermination of Andrew Robert Findlay as director on 2025-09-01View(1 page)
3 Sept 2025OfficersTermination of Jonathan Yarr as director on 2025-09-01View(1 page)
3 Sept 2025OfficersTermination of Alain Hubertus Philomena Loosveld as director on 2025-09-01View(1 page)
3 Sept 2025 Officers

Termination of Peter Alan Tosland as director on 2025-08-29

View Document(1 page)
3 Sept 2025 Officers

Termination of Iain James Sutherland as director on 2025-08-29

View Document(1 page)
3 Sept 2025 Officers

Termination of Andrew Robert Findlay as director on 2025-09-01

View Document(1 page)
3 Sept 2025 Officers

Termination of Jonathan Yarr as director on 2025-09-01

View Document(1 page)
3 Sept 2025 Officers

Termination of Alain Hubertus Philomena Loosveld as director on 2025-09-01

View Document(1 page)

Recent Activity

Latest Activity

Termination of Peter Alan Tosland as director on 2025-08-29

5 months ago on 3 Sept 2025

Termination of Iain James Sutherland as director on 2025-08-29

5 months ago on 3 Sept 2025

Termination of Andrew Robert Findlay as director on 2025-09-01

5 months ago on 3 Sept 2025

Termination of Jonathan Yarr as director on 2025-09-01

5 months ago on 3 Sept 2025

Termination of Alain Hubertus Philomena Loosveld as director on 2025-09-01

5 months ago on 3 Sept 2025