Michael Ford Limited
Registered name: MICHAEL FORD LIMITED
Michael Ford Limited made £21.1k revenue and £12.3k profit in the year to 31 Aug 2023.
Michael Ford Limited’s revenue grew 4% to £21.1k in the year to 31 Aug 2023, with £12.3k profit and 2 employees. The company is classified under “other business support service activities” and is based in Rainow; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Rainow, North West
- 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 Aug 2022 | 31 Aug 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £20.3k | £21.1k |
| Cost of sales | — | £0 |
| Gross profit | £20.3k | £21.1k |
| Operating profit | £20.3k | £15.1k |
| Profit before tax | £20.3k | £15.1k |
| Profit after tax | £17.5k | £12.3k |
| Profit (best available) | £17.5k | £12.3k |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | 86.3% | 58% |
| Gross margin | 100% | 100% |
| Revenue per employee | £10.2k | £10.6k |
| Profit per employee | £8.8k | £6.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▲4.1% |
| Profit growth | — | ▼30% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | £0 |
| Net assets | £700 | £700 |
| Fixed assets | £700 | £700 |
| Current assets | £8k | £2.6k |
| Debtors | £8k | £2.6k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 58%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £10.6k
- Revenue ÷ average employees.
- Profit per employee
- £6.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.5%
- 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
- 0%
- Now £700
- Cash at bank
- —
- Now £0
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £700
Sources
Latest figures from FullAccounts for the year to 31 Aug 2023 (profit £12.3k), from the Companies House accounts bulk data published Dec 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.