How much does MGM Ltd make?

MGM Ltd reported revenue of £15.2m and £743k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does MGM Ltd have?

MGM Ltd reported an average of 75 employees in the year to 31 Mar 2025.

Is MGM Ltd profitable?

Yes — MGM Ltd reported a profit of £743k in the year to 31 Mar 2025.

Company No. 02682028 · Incorporated 28 Jan 1992

MGM Ltd

Registered name: MGM LTD

Part of Northern Bear PLC group

MGM Ltd made £15.2m revenue and £743k profit in the year to 31 Mar 2025. read from filing text

MGM Ltd’s revenue grew 43% to £15.2m in the year to 31 Mar 2025, with £743k profit and 75 employees. The company is classified under “other specialised construction activities” and is based in Gateshead; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Gateshead, North East
Age: 34 yrs · since 1992
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. From the filing: “The company's immediate parent undertaking is Northern Bear Construction Limited and the company's ultimate parent undertaking is Northern Bear PLC.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightBoring industry

Revenue

£15.2m

Growth ▲43%

Profit

£743k

Growth ▲27.5%

Profit margin

4.9%

Gross 19.8%

Employees

Change ▲10.3%

Profit / employee

£9.9k

Revenue/employee £202k

Profitable streak

2yrs

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 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£10.6m	£15.2m
Cost of sales	£8.1m	£12.2m
Gross profit	£2.5m	£3m
Operating profit	£590k	£936k
Profit before tax	£590k	£936k
Profit after tax	£583k	£743k
Profit (best available)	£583k	£743k
Staff costs	£2.6m	£3.4m
Employees (average)	68	75
Ratios
Profit margin	5.5%	4.9%
Gross margin	23.2%	19.8%
Revenue per employee	£156k	£202k
Profit per employee	£8.6k	£9.9k
Growth (year on year)
Revenue growth	—	▲43%
Profit growth	—	▲27.5%
Headcount growth	—	▲10.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£751k	£1m
Net assets	£2.7m	£3.5m
Fixed assets	£78.4k	£78.1k
Current assets	£5.5m	£6.7m
Debtors	£1.8m	£1.8m
Deferred income	£1.1m	£1.3m
Source	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 4.9%; Profit ÷ revenue.
Gross margin: 19.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £202k; Revenue ÷ average employees.
Profit per employee: £9.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 8.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.7%; 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: ▲27%; Now £3.5m
Cash at bank: ▲35%; Now £1m
Headcount: ▲10%; Now 75
Deferred income: ▲20%; Now £1.3m
Fixed assets: ▼0%; Now £78.1k

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

Northern Bear PLCultimate parent75–100%
Northern Bear Construction Limited75–100%
MGM Ltdthis company

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

Subsidiaries (1)

Callisto Glass Facades LimitedFigures not disclosed

Sister companies (5)

Isoler Ltd.Rev. £10.6m · Profit £1.4m
Arcas Building Solutions LimitedRev. £8.5m · Profit £161k
J Lister Electrical LimitedRev. £5.4m · Profit £162k
H. Peel & Sons LimitedRev. £1.9m · Profit −£905k
Northern Bear (Safety) LimitedRev. £376k · Profit −£34.5k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £743k), from the Companies House accounts bulk data published Dec 2025. 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.