Merlin Is Ltd
Registered name: MERLIN IS LTD
Merlin Is Ltd made £158k revenue and £32.6k profit in the year to 31 Mar 2025.
Merlin Is Ltd’s revenue fell 12% to £158k in the year to 31 Mar 2025, with £32.6k profit and 3 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 29 yrs · since 1997
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £115k | £182k | £179k | £158k |
| Profit after tax | £198 | £61.5k | £42.7k | £32.6k |
| Profit (best available) | £198 | £61.5k | £42.7k | £32.6k |
| Staff costs | £28k | £47.3k | £71.1k | £69.1k |
| Employees (average) | — | 3 | 4 | 3 |
| Ratios | ||||
| Profit margin | 0.2% | 33.8% | 23.8% | 20.6% |
| Revenue per employee | — | £60.7k | £44.9k | £52.8k |
| Profit per employee | — | £20.5k | £10.7k | £10.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲57.8% | ▼1.4% | ▼11.8% |
| Profit growth | — | ▲30969% | ▼30.5% | ▼23.8% |
| Headcount growth | — | — | ▲33.3% | ▼25% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£1.1k | −£13.4k | −£18.5k | −£15.9k |
| Fixed assets | £1 | £0 | £0 | £0 |
| Current assets | £16 | £12 | £9 | £6 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 20.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £52.8k
- Revenue ÷ average employees.
- Profit per employee
- £10.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- 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 −£15.9k
- Cash at bank
- —
- Now —
- Headcount
- ▼25%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Similar profitable businesses
- The Dynamics Power Consultancy LimitedLondon · Information technology consultancy activities
- Revenue
- £159k
- Profit
- £11.2k
- Staff
- 2
- Eplus Services LimitedSheffield · Information technology consultancy activities
- Revenue
- £159k
- Profit
- £533
- Staff
- 0
- Cimboco LimitedSouthampton · Information technology consultancy activities
- Revenue
- £157k
- Profit
- £7.7k
- Staff
- 3
- Osos Consulting LtdLondon · Information technology consultancy activities
- Revenue
- £156k
- Profit
- £95.4k
- Staff
- 3
- Xybr LtdEdinburgh · Information technology consultancy activities
- Revenue
- £160k
- Profit
- £12.2k
- Staff
- 2
- Brook IT Consulting LtdIpswich · Information technology consultancy activities
- Revenue
- £156k
- Profit
- £80.6k
- Staff
- 1
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £32.6k), 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.