Mref III Limited
Registered name: MREF III LIMITED
Part of Stessa Trading Limited groupMref III Limited made £0 revenue and a £5k loss in the year to 31 Dec 2025.
Mref III Limited’s revenue fell 100% to £0 in the year to 31 Dec 2025, with a loss of £5k. The company is classified under “buying and selling of own real estate” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £64k | £89k | £0 |
| Gross profit | £64k | £89k | £0 |
| Operating profit | £63k | £87k | −£5k |
| Profit before tax | £63k | £87k | −£5k |
| Profit after tax | £63k | £87k | −£5k |
| Profit (best available) | £63k | £87k | −£5k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 98.4% | 97.8% | — |
| Gross margin | 100% | 100% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲39.1% | ▼100% |
| Profit growth | — | ▲38.1% | ▼105.8% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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.
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
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Stessa Trading Limitedultimate parent75–100%
- Stessa Holdings Limited75–100%
- Stessa Limited75–100%
- Moorfield Group Limited75–100%
- Mref III Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (20)
- BG-MF Investments GP LimitedActive - Proposal to Strike offFigures not disclosed
- Maref GP LtdFigures not disclosed
- Maref Loan GP LimitedFigures not disclosed
- Mit Private Company LimitedFigures not disclosed
- Moorfield Audley LP LimitedFigures not disclosed
- Moorfield Investment Management LimitedFigures not disclosed
- Moorfield Real Estate Fund GP LimitedFigures not disclosed
- Moorfield Real Estate Fund II Cip LimitedFigures not disclosed
- Moorfield Real Estate Fund II GP LimitedFigures not disclosed
- Mref III GP LimitedFigures not disclosed
- Mref IV GP LimitedFigures not disclosed
- Mref IV LimitedFigures not disclosed
- Mref V GP LimitedFigures not disclosed
- Mref V LimitedFigures not disclosed
- Mref VI GP LimitedFigures not disclosed
- Mref VI LimitedFigures not disclosed
- Precis (2768) LimitedFigures not disclosed
- Precis (2773) LimitedFigures not disclosed
- Precis (2779) LimitedFigures not disclosed
- Precis (2780) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£5k), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 17 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.