Modern Group Ltd
Registered name: MODERN GROUP LTD
Modern Group Ltd made £2.7m revenue and £176k profit in the year to 31 Oct 2024.
Modern Group Ltd’s revenue fell 6% to £2.7m in the year to 31 Oct 2024, with £176k profit and 9 employees. The company is classified under “wholesale of hardware, plumbing and heating equipment and supplies” and is based in Stockport; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Stockport, North West
- Age
- 14 yrs · since 2012
- 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 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £3.5m | £2.9m | £2.7m |
| Cost of sales | £2.7m | £2.3m | £1.9m |
| Gross profit | £789k | £583k | £827k |
| Operating profit | £344k | £82.8k | £241k |
| Profit before tax | £344k | £82.8k | £241k |
| Profit after tax | £310k | £67k | £176k |
| Profit (best available) | £310k | £67k | £176k |
| Staff costs | £209k | £257k | £261k |
| Employees (average) | — | 11 | 9 |
| Ratios | |||
| Profit margin | 8.8% | 2.3% | 6.5% |
| Gross margin | 22.4% | 20.2% | 30.4% |
| Revenue per employee | — | £262k | £302k |
| Profit per employee | — | £6.1k | £19.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▼18.1% | ▼5.8% |
| Profit growth | — | ▼78.4% | ▲162.9% |
| Headcount growth | — | — | ▼18.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £623k | £300k | £480k |
| Net assets | £292k | £164k | £194k |
| Fixed assets | £34.4k | £46.8k | £36.7k |
| Current assets | £744k | £669k | £810k |
| Debtors | £4.5k | £6.4k | £29.2k |
| Source | AbridgedAccounts · bulk data Dec 2024 | AbridgedAccounts · bulk data Dec 2024 | AbridgedAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 6.5%
- Profit ÷ revenue.
- Gross margin
- 30.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £302k
- Revenue ÷ average employees.
- Profit per employee
- £19.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.1%
- 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
- ▲18%
- Now £194k
- Cash at bank
- ▲60%
- Now £480k
- Headcount
- ▼18%
- Now 9
- Deferred income
- —
- Now —
- Fixed assets
- ▼22%
- Now £36.7k
Similar profitable businesses
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- Profit
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Sources
Latest figures from AbridgedAccounts for the year to 31 Oct 2024 (profit £176k), from the Companies House accounts bulk data published Aug 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.