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Company No. 04444261 · Incorporated 22 May 2002

More2 Limited

Registered name: MORE2 LIMITED

Part of This Is Gain Topco Limited group

More2 Limited made £17.6m revenue and £1.7m profit in the year to 31 Mar 2025. read from filing text

More2 Limited’s revenue fell 7% to £17.6m in the year to 31 Mar 2025, with £1.7m profit and 102 employees. The company is classified under “advertising agencies” and is based in Bournemouth; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 73110Advertising agencies
Status
Active
Location
Bournemouth, South West
Age
24 yrs · since 2002
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 More2 Holdings Limited.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light
Revenue
£17.6m
Growth ▼7.1%
Profit
£1.7m
Growth ▼26.6%
Profit margin
9.5%
Gross 63%
Employees
102
Change ▼13.6%
Profit / employee
£16.4k
Revenue/employee £172k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£14.2m£18.9m£17.6m
Cost of sales£3.9m£6.4m£6.5m
Gross profit£10.4m£12.5m£11.1m
Operating profit£1.7m£2.3m£1.7m
Profit before tax£1.7m£2.3m£1.7m
Profit after tax£1.7m£2.3m£1.7m
Profit (best available)£1.7m£2.3m£1.7m
Staff costs£6.9m£8.4m£7.6m
Employees (average)124118102
Ratios
Profit margin12%12%9.5%
Gross margin72.9%66.2%63%
Revenue per employee£115k£160k£172k
Profit per employee£13.7k£19.3k£16.4k
Growth (year on year)
Revenue growth——▼7.1%
Profit growth——▼26.6%
Headcount growth——▼13.6%
Balance sheet — indirect signals, not revenue
Cash at bank£1.5m£540£7k
Net assets£10.8m£13.1m£15.1m
Fixed assets£156k£584k£826k
Current assets£12.5m£15.1m£17.9m
Debtors£3.1m£3m£2.6m
Deferred income£206k£78.6k£615k
SourceFullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
9.5%
Profit ÷ revenue.
Gross margin
63%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£172k
Revenue ÷ average employees.
Profit per employee
£16.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
14.6%
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
▲15%
Now £15.1m
Cash at bank
▲1204%
Now £7k
Headcount
▼14%
Now 102
Deferred income
▲682%
Now £615k
Fixed assets
▲41%
Now £826k
Corporate ownership

Group structure

Ownership chain

  1. This Is Gain Topco Limitedultimate parent75–100%
  2. This Is Gain Midco Limited75–100%
  3. This Is Gain Bidco Limited75–100%
  4. This Is Gain Global Limited75–100%
  5. This Is Gain Ltd75–100%
  6. More2 Limitedthis company

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

Sister companies (13)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.7m), 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.