Merlinet Limited
Registered name: MERLINET LIMITED
Merlinet Limited made £177k revenue and £8.3k profit in the year to 31 Mar 2025.
Merlinet Limited’s revenue grew 8% to £177k in the year to 31 Mar 2025, with £8.3k profit and 2 employees. The company is classified under “information technology consultancy activities” and is based in Hassocks; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hassocks, South East
- Age
- 13 yrs · since 2013
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £154k | £158k | £164k | £177k |
| Profit after tax | £8.9k | £5.8k | £8.9k | £8.3k |
| Profit (best available) | £8.9k | £5.8k | £8.9k | £8.3k |
| Staff costs | £121k | £127k | £132k | £146k |
| Employees (average) | — | 3 | 2 | 2 |
| Ratios | ||||
| Profit margin | 5.8% | 3.7% | 5.4% | 4.7% |
| Revenue per employee | — | £52.8k | £82.1k | £88.3k |
| Profit per employee | — | £1.9k | £4.4k | £4.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲2.9% | ▲3.7% | ▲7.5% |
| Profit growth | — | ▼34.4% | ▲52.6% | ▼6.4% |
| Headcount growth | — | — | ▼33.3% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £4.3k | £5.1k | £3.5k | £3k |
| Fixed assets | £3.1k | £3.3k | £2.2k | £1.9k |
| Current assets | £750 | £1.3k | £925 | £725 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 4.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £88.3k
- Revenue ÷ average employees.
- Profit per employee
- £4.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.1%
- 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
- ▼14%
- Now £3k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼14%
- Now £1.9k
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £8.3k), 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.