Marnik Service Ltd
Registered name: MARNIK SERVICE LTD
Marnik Service Ltd made £3.1m revenue and a £36.5k loss in the year to 31 Oct 2023.
Marnik Service Ltd’s revenue grew 46% to £3.1m in the year to 31 Oct 2023, with a loss of £36.5k and 1 employee. The company is classified under “other service activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 16 yrs · since 2009
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.2m | £3.1m |
| Cost of sales | £2.2m | £3.2m |
| Gross profit | −£5.4k | −£33.7k |
| Operating profit | −£6.4k | −£36.5k |
| Profit before tax | −£6.4k | −£36.5k |
| Profit after tax | −£6.4k | −£36.5k |
| Profit (best available) | −£6.4k | −£36.5k |
| Employees (average) | 1 | 1 |
| Ratios | ||
| Profit margin | −0.3% | −1.2% |
| Gross margin | −0.3% | −1.1% |
| Revenue per employee | £2.2m | £3.1m |
| Profit per employee | −£6.4k | −£36.5k |
| Growth (year on year) | ||
| Revenue growth | — | ▲45.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £16.5k | £17k |
| Net assets | £7.5k | −£29k |
| Current assets | £16.5k | £17k |
| Deferred income | £9k | £46k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 |
How the business works
- Profit margin
- −1.2%
- Profit ÷ revenue.
- Gross margin
- −1.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.1m
- Revenue ÷ average employees.
- Profit per employee
- −£36.5k
- 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
- 1.5%
- 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
- ▼486%
- Now −£29k
- Cash at bank
- ▲3%
- Now £17k
- Headcount
- 0%
- Now 1
- Deferred income
- ▲410%
- Now £46k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2023 (profit −£36.5k), from the Companies House accounts bulk data published Apr 2024. 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.