How much does Mori Lee Europe Limited make?

Mori Lee Europe Limited reported revenue of £14m and a loss of £1m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Mori Lee Europe Limited have?

Mori Lee Europe Limited reported an average of 35 employees in the year to 31 Dec 2024.

Is Mori Lee Europe Limited profitable?

No — Mori Lee Europe Limited reported a loss of £1m in the year to 31 Dec 2024.

Company No. 03726927 · Incorporated 4 Mar 1999

Mori Lee Europe Limited

Registered name: MORI LEE EUROPE LIMITED

Part of Ivory Studios Llc group

Mori Lee Europe Limited made £14m revenue and a £1m loss in the year to 31 Dec 2024. read from filing text

Mori Lee Europe Limited’s revenue was £14m in the year to 31 Dec 2024, with a loss of £1m and 35 employees. The company is classified under “wholesale of clothing and footwear” and is based in Newark; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46420Wholesale of clothing and footwear

Status: Active
Location: Newark, East Midlands
Age: 27 yrs · since 1999
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 31 Dec 2024

Key figures

Revenue

£14m

Growth 0%

Profit

−£1m

Growth —

Profit margin

−7.1%

Gross 35.7%

Employees

Change ▲84.2%

Profit / employee

−£28.6k

Revenue/employee £400k

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	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£14m	£14m
Cost of sales	£9m	£9m
Gross profit	£5m	£5m
Profit before tax	£0	−£1m
Profit after tax	£0	−£1m
Profit (best available)	£0	−£1m
Employees (average)	19	35
Ratios
Profit margin	0%	−7.1%
Gross margin	35.7%	35.7%
Revenue per employee	£737k	£400k
Profit per employee	£0	−£28.6k
Growth (year on year)
Revenue growth	—	0%
Headcount growth	—	▲84.2%
Balance sheet — indirect signals, not revenue
Net assets	£5m	£5m
Current assets	£13m	£13m
Debtors	£5m	£5m
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −7.1%; Profit ÷ revenue.
Gross margin: 35.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £400k; Revenue ÷ average employees.
Profit per employee: −£28.6k; 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: 35.7%; 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: 0%; Now £5m
Cash at bank: —; Now —
Headcount: ▲84%; Now 35
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Ivory Studios Llc (registered outside the UK register)ultimate parent75–100%
Mori Lee Europe Limitedthis company

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

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 Dec 2024 (profit −£1m), from the Companies House accounts bulk data published Sep 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.