Mtp 1 Limited
Private Limited Company · London
ActiveUnited KingdomIncorporated 2022Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£2,727,061
Cash
£18,666
Turnover
£1,350,509
Profit / loss
−£2,077,553
Current assets
—
Creditors < 1 year
£6,453,774
Equity
£2,727,061
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £2,727,061 | £4,804,613 |
| Equity | £2,727,061 | £4,804,613 |
| Share capital | £102 | £101 |
| Retained earnings | £2,726,959 | £4,804,512 |
| Assets | ||
| Fixed assets | — | £23,000,000 |
| Property, plant & equipment | £23,394,660 | £23,000,000 |
| Cash at bank | £18,666 | £756,002 |
| Debtors | £1,271,904 | £1 |
| Liabilities | ||
| Creditors within one year | £6,453,774 | £5,295,414 |
| Creditors after one year | £16,419,835 | £13,656,076 |
| Bank loans & overdrafts | £15,510,849 | £12,054,572 |
| Net current assets | −£5,153,104 | −£4,539,311 |
| Assets less current liabilities | £19,146,896 | £18,460,689 |
| Profit & loss | ||
| Turnover | £1,350,509 | £2,603 |
| Administrative expenses | £600,515 | £560,210 |
| Operating profit | £749,994 | −£557,607 |
| Interest payable | £1,866,578 | £41,270 |
| Profit before tax | −£2,770,071 | £6,406,058 |
| Tax | −£692,518 | £1,601,504 |
| Profit / loss | −£2,077,553 | £4,804,554 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Beavis Morgan Audit Limited
- Audit opinion
- Clean (unmodified)
- Immediate parent
- ERI MTP Limited
- Ultimate parent
- ERI MTP Holdings Limited
- Ultimate controlling party
- ERI MTP Holdings Limited
- Accounts
- Small company · FRS 102 Section 1A
- Approved
- 2026-07-23, signed by Wenda Adriaanse
Related parties (6)
- MTP Dev Limited · Fellow member of the group · Amount due from · 10,100
- ERI MTP Limited · Fellow member of the group · Amount due to · (2,483,239)
- ERI MTP Holdings Limited · Fellow member of the group · Amount due to · (13,361)
- MTP 2 Limited · Fellow member of the group · Amount due to · (100,343)
- MTP Land · Fellow member of the group · Amount due to · (117,331)
- CSC Fiduciary Services (UK) Limited · Corporate Director throughout the year; provided administration services · Transactions in the ordinary course of business
Borrowings (2)
- Facility with ICG Real Estate Debt VII Investments S.à r.l.; Facility C term loan facility (available jointly to MTP 1 Limited and MTP 2 Limited) · £68,000,000 · Fixed interest rate of 8% per annum, which could increase to 9.5% per annum if certain events do not occur · Repayable in full on 30 September 2029
- Facility agreement with ICG Real Estate Debt Investments S.à r.l. (initial borrowing) · £50,000,000 · Fixed rate of 10% per annum · Refinanced on 30 September 2025 through a new drawdown under Facility C
Share classes (2)
- 101 "A" ordinary shares of £1 each
- 1 "B" ordinary share of £1
Events after the year end (1)
- There were no events which occurred subsequent to the reporting date and which would have a material impact on the financial statements.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
3 outstanding chargesAll Assets · created 2025-09-30
—
OutstandingAll Assets · created 2024-03-27
—
OutstandingFixed · created 2024-03-27
—
Outstanding