How much does Movac Group Limited make?

Movac Group Limited reported revenue of £15.3m and a loss of £1.9m in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Movac Group Limited have?

Movac Group Limited reported an average of 88 employees in the year to 30 Sep 2023.

Is Movac Group Limited profitable?

No — Movac Group Limited reported a loss of £1.9m in the year to 30 Sep 2023.

Company No. 01231854 · Incorporated 30 Oct 1975

Movac Group Limited

Registered name: MOVAC GROUP LIMITED

Part of Soft Auto Limited group

Movac Group Limited made £15.3m revenue and a £1.9m loss in the year to 30 Sep 2023.

Movac Group Limited’s revenue grew 8% to £15.3m in the year to 30 Sep 2023, with a loss of £1.9m and 88 employees. The company is classified under “retail sale of hardware, paints and glass in specialised stores” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47520Retail sale of hardware, paints and glass in specialised stores SIC 52290Other transportation support activities

Status: In Administration
Location: London, London
Age: 50 yrs · since 1975
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 30 Sep 2023

Key figures

Revenue

£15.3m

Growth ▲7.6%

Profit

−£1.9m

Growth ▼1677%

Profit margin

−12.8%

Gross 32.4%

Employees

Change 0%

Profit / employee

−£22.1k

Revenue/employee £173k

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	30 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£14.2m	£15.3m
Cost of sales	£9.3m	£10.3m
Gross profit	£4.9m	£4.9m
Operating profit	£190k	−£906k
Profit before tax	£110k	−£1.8m
Profit after tax	£123k	−£1.9m
Profit (best available)	£123k	−£1.9m
Staff costs	£3.2m	£3.4m
Employees (average)	88	88
Ratios
Profit margin	0.9%	−12.8%
Gross margin	34.6%	32.4%
Revenue per employee	£161k	£173k
Profit per employee	£1.4k	−£22.1k
Growth (year on year)
Revenue growth	—	▲7.6%
Profit growth	—	▼1677%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£26k	£1.3k
Net assets	£1.2m	£204k
Fixed assets	£1.5m	£2.3m
Current assets	£6m	£4.7m
Debtors	£3m	£2.6m
Deferred income	£19.3k	£45k
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: −12.8%; Profit ÷ revenue.
Gross margin: 32.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £173k; Revenue ÷ average employees.
Profit per employee: −£22.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 15.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.3%; 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: ▼83%; Now £204k
Cash at bank: ▼95%; Now £1.3k
Headcount: 0%; Now 88
Deferred income: ▲134%; Now £45k
Fixed assets: ▲53%; Now £2.3m

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

Soft Auto Limitedultimate parent75–100%
Movac Group Limitedthis company

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

Sister companies (1)

Movac Coatings (Holdings) LimitedLiquidationFigures not disclosed

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 30 Sep 2023 (profit −£1.9m), from the Companies House accounts bulk data published Oct 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.