Michael Backman Ltd
Registered name: MICHAEL BACKMAN LTD
Michael Backman Ltd made £685k revenue and £119k profit in the year to 31 Dec 2025.
Michael Backman Ltd’s revenue was £685k in the year to 31 Dec 2025, with £119k profit and 2 employees. The company is classified under “retail sale of antiques including antique books in stores” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 20 yrs · since 2006
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £885k | £710k | £687k | £685k |
| Cost of sales | £515k | £356k | £385k | £324k |
| Gross profit | £369k | £353k | £302k | £361k |
| Operating profit | £103k | £123k | £77.9k | £119k |
| Profit before tax | £103k | £123k | £77.9k | £119k |
| Profit after tax | £103k | £123k | £77.9k | £119k |
| Profit (best available) | £103k | £123k | £77.9k | £119k |
| Employees (average) | 2 | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | 11.6% | 17.3% | 11.3% | 17.3% |
| Gross margin | 41.8% | 49.8% | 43.9% | 52.7% |
| Revenue per employee | £442k | £355k | £344k | £342k |
| Profit per employee | £51.4k | £61.4k | £38.9k | £59.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼19.8% | ▼3.2% | ▼0.4% |
| Profit growth | — | ▲19.4% | ▼36.5% | ▲52.3% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £170k | £194k | £150k | £187k |
| Net assets | £1.1m | £1.2m | £1.3m | £1.4m |
| Current assets | £2.8m | £2.9m | £2.8m | £2.8m |
| Debtors | £5.7k | — | — | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 17.3%
- Profit ÷ revenue.
- Gross margin
- 52.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £342k
- Revenue ÷ average employees.
- Profit per employee
- £59.3k
- 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
- —
- 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
- ▲8%
- Now £1.4m
- Cash at bank
- ▲25%
- Now £187k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Emmaus OxfordOxford · Retail sale of antiques including antique books in stores
- Revenue
- £1.2m
- Profit
- £35.5k
- Staff
- 23
- Clarendon Road LimitedBrentwood · Retail sale of other second-hand goods in stores (not incl. antiques)
- Revenue
- £660k
- Profit
- £64.8k
- Staff
- 4
- ST. John's Hospice Shops LimitedLancaster · Retail sale of other second-hand goods in stores (not incl. antiques)
- Revenue
- £881k
- Profit
- £1.3k
- Staff
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- Kinder Handl Community Enterprise CICGlasgow · Retail sale of other second-hand goods in stores (not incl. antiques)
- Revenue
- £501k
- Profit
- £720
- Staff
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- Going for Bust Trading LimitedWimborne · Retail sale of other second-hand goods in stores (not incl. antiques)
- Revenue
- £1.2m
- Profit
- £10.9k
- Staff
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- ST. Catherine's Hospice Trading LimitedLostock Hall · Retail sale of other second-hand goods in stores (not incl. antiques)
- Revenue
- £1.2m
- Profit
- £350k
- Staff
- 20
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £119k), from the Companies House accounts bulk data published Sep 2026. 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.