2M Equest Limited
Registered name: 2M EQUEST LIMITED
Part of 2M Group Limited group2M Equest Limited made £2.6k revenue and £628 profit in the year to 30 Jun 2023.
2M Equest Limited’s revenue was £2.6k in the year to 30 Jun 2023, with £628 profit and 28 employees. The company is classified under “other manufacturing” and is based in Consett; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Consett, North East
- Age
- 28 yrs · since 1997
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 30 Jun 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1.7k | £2.6k |
| Cost of sales | £823 | £1.2k |
| Gross profit | £844 | £1.4k |
| Operating profit | £465 | £746 |
| Profit before tax | £465 | £787 |
| Profit after tax | £517 | £628 |
| Profit (best available) | £517 | £628 |
| Employees (average) | 33 | 28 |
| Ratios | ||
| Profit margin | 31% | 24.1% |
| Gross margin | 50.6% | 52.3% |
| Revenue per employee | £51 | £93 |
| Profit per employee | £16 | £22 |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | £0 |
| Net assets | £2.3k | £728 |
| Fixed assets | £92 | £76 |
| Current assets | £2.3k | £786 |
| Debtors | £182 | £272 |
| Deferred income | £41 | £59 |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 |
How the business works
- Profit margin
- 24.1%
- Profit ÷ revenue.
- Gross margin
- 52.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £93
- Revenue ÷ average employees.
- Profit per employee
- £22
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.4%
- 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 £728
- Cash at bank
- —
- Now £0
- Headcount
- —
- Now 28
- Deferred income
- —
- Now £59
- Fixed assets
- —
- Now £76
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- 2M Group Limitedultimate parent75–100%
- 2M Holdings Limited75–100%
- 2M Equest Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- 2Becapital LimitedFigures not disclosed
- Banner Chemicals Holdings LimitedFigures not disclosed
- Surfachem Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2023 (profit £628), from the Companies House accounts bulk data published Apr 2024. Spotted an error? Request a correction.
Updated from Companies House on 15 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.