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Company No. 13232110 · Incorporated 27 Feb 2021

Ri MDC Uk143 Limited

Registered name: RI MDC UK143 LIMITED

Part of Realty Income Corporation group

Ri MDC Uk143 Limited made £2.7m revenue and a £1.9m loss in the year to 31 Dec 2023.

Ri MDC Uk143 Limited’s revenue fell 6% to £2.7m in the year to 31 Dec 2023, with a loss of £1.9m and 2 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Birmingham; we hold 3 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate
Status
Liquidation
Location
Birmingham, West Midlands
Age
5 yrs · since 2021
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

Small teamYoung and profitable
Revenue
£2.7m
Growth ▼6.3%
Profit
−£1.9m
Growth ▼231.9%
Profit margin
−69.6%
Gross 83.7%
Employees
2
Change 0%
Profit / employee
−£928k
Revenue/employee £1.3m
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 2023
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£2.1m£2.8m£2.7m
Cost of sales£247k£338k−£436k
Gross profit£1.8m£2.5m£2.2m
Operating profit£2.3m£3.7m−£884k
Profit before tax£1.3m£2.1m−£2.2m
Profit after tax£928k£1.4m−£1.9m
Profit (best available)£928k£1.4m−£1.9m
Employees (average)222
Ratios
Profit margin44.6%49.4%−69.6%
Gross margin88.1%88.1%83.7%
Revenue per employee£1m£1.4m£1.3m
Profit per employee£464k£703k−£928k
Growth (year on year)
Revenue growth——▼6.3%
Profit growth——▼231.9%
Headcount growth——0%
Balance sheet — indirect signals, not revenue
Cash at bank£19.6k£247k—
Net assets£7.1m£8.5m—
Fixed assets£29.3m£30.7m—
Current assets£1m£1m—
Debtors£1m£768k—
Deferred income£177k£245k—
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023Accounts · bulk data Jan 2025
Derived from the latest filing

How the business works

Profit margin
−69.6%
Profit ÷ revenue.
Gross margin
83.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.3m
Revenue ÷ average employees.
Profit per employee
−£928k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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 —
Cash at bank
—
Now —
Headcount
0%
Now 2
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Realty Income Corporation (registered outside the UK register)ultimate parent75–100%
  2. Ri MDC Uk141 Limited75–100%
  3. Ri MDC Uk143 Limitedthis company

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

Sister companies (2)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 Dec 2023 (profit −£1.9m), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.

Updated from Companies House on 18 Oct 2026

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