Michco 1204 Limited
Registered name: MICHCO 1204 LIMITED
Michco 1204 Limited made £6.6m revenue and £1.4m profit in the year to 30 Jun 2025.
Michco 1204 Limited’s revenue grew 12% to £6.6m in the year to 30 Jun 2025, with £1.4m profit and 0 employees. The company is classified under “production of electricity” and is based in Radstock; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Radstock, South West
- Age
- 14 yrs · since 2012
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £4.9m | £5.9m | £5.9m | £6.6m |
| Cost of sales | £795k | £777k | £937k | £1.1m |
| Gross profit | £4.1m | £5.1m | £4.9m | £5.5m |
| Operating profit | £3.2m | £4.2m | £4.1m | £4.6m |
| Profit before tax | £275k | £1.2m | £1m | £1.8m |
| Profit after tax | £219k | £897k | £831k | £1.4m |
| Profit (best available) | £219k | £897k | £831k | £1.4m |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | 4.5% | 15.2% | 14.2% | 21.9% |
| Gross margin | 83.7% | 86.8% | 84% | 83.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲20.8% | ▼0.5% | ▲12.5% |
| Profit growth | — | ▲309.4% | ▼7.4% | ▲73.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.8m | £4.4m | £3.9m | £4.5m |
| Net assets | −£15.2m | −£14.3m | −£13.5m | −£12.1m |
| Fixed assets | £12.8m | £12m | £11.1m | £10.3m |
| Current assets | £10.5m | £12.2m | £12.8m | £14.7m |
| Debtors | £89.7k | £390k | £528k | £2.6m |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 21.9%
- Profit ÷ revenue.
- Gross margin
- 83.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 155.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 39.3%
- 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 −£12.1m
- Cash at bank
- ▲16%
- Now £4.5m
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼8%
- Now £10.3m
Group structure
Subsidiaries (2)
- Higher Hill Farm (Solar Power) LtdFigures not disclosed
- Park Wood (Solar Power) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £1.4m), 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.