How much does MPRD Limited make?

MPRD Limited reported revenue of £51.3m and a loss of £1.4m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does MPRD Limited have?

MPRD Limited reported an average of 124 employees in the year to 31 Dec 2023.

Is MPRD Limited profitable?

No — MPRD Limited reported a loss of £1.4m in the year to 31 Dec 2023.

Company No. 10688784 · Incorporated 24 Mar 2017

MPRD Limited

Registered name: MPRD LIMITED

Part of Gd Spa group

MPRD Limited made £51.3m revenue and a £1.4m loss in the year to 31 Dec 2023.

MPRD Limited’s revenue grew 26% to £51.3m in the year to 31 Dec 2023, with a loss of £1.4m and 124 employees. The company is classified under “manufacture of electronic measuring, testing etc. equipment, not for industrial process control” and is based in Buckinghamshire; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 26511Manufacture of electronic measuring, testing etc. equipment, not for industrial process control SIC 28930Manufacture of machinery for food, beverage and tobacco processing SIC 33200Installation of industrial machinery and equipment

Status: Active
Location: Buckinghamshire, South East
Age: 9 yrs · since 2017
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2023

Key figures

Revenue

£51.3m

Growth ▲26%

Profit

−£1.4m

Growth —

Profit margin

−2.6%

Gross 16.4%

Employees

124

Change ▲6%

Profit / employee

−£11k

Revenue/employee £414k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£40.7m	£51.3m
Cost of sales	£33.3m	£42.9m
Gross profit	£7.4m	£8.4m
Operating profit	−£2.3m	−£1.7m
Profit before tax	−£2.7m	−£2.6m
Profit after tax	−£2.6m	−£1.4m
Profit (best available)	−£2.6m	−£1.4m
Staff costs	£7.5m	£8m
Employees (average)	117	124
Ratios
Profit margin	−6.3%	−2.6%
Gross margin	18.2%	16.4%
Revenue per employee	£348k	£414k
Profit per employee	−£21.9k	−£11k
Growth (year on year)
Revenue growth	—	▲26%
Headcount growth	—	▲6%
Balance sheet — indirect signals, not revenue
Cash at bank	£5m	£10.9m
Net assets	−£3.7m	£4.4m
Fixed assets	£17.1m	£17.8m
Current assets	£37.7m	£44.3m
Debtors	£12.1m	£7.5m
Deferred income	£2.4m	£3.7m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −2.6%; Profit ÷ revenue.
Gross margin: 16.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £414k; Revenue ÷ average employees.
Profit per employee: −£11k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 34.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.6%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now £4.4m
Cash at bank: ▲115%; Now £10.9m
Headcount: ▲6%; Now 124
Deferred income: ▲54%; Now £3.7m
Fixed assets: ▲4%; Now £17.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Gd Spa (registered outside the UK register)ultimate parent75–100%
MPRD Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£1.4m), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.