How much does Myzone Group Limited make?

Myzone Group Limited reported revenue of £4.7m and a loss of £1.2m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Myzone Group Limited have?

Myzone Group Limited reported an average of 40 employees in the year to 31 Dec 2023.

Is Myzone Group Limited profitable?

No — Myzone Group Limited reported a loss of £1.2m in the year to 31 Dec 2023.

Company No. 09634208 · Incorporated 11 Jun 2015

Myzone Group Limited

Registered name: MYZONE GROUP LIMITED

Myzone Group Limited made £4.7m revenue and a £1.2m loss in the year to 31 Dec 2023.

Myzone Group Limited’s revenue fell 11% to £4.7m in the year to 31 Dec 2023, with a loss of £1.2m and 40 employees. The company is classified under “fitness facilities” and is based in Leeds; we hold 2 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 93130Fitness facilities

Status: Active
Location: Leeds, Yorkshire and The Humber
Age: 11 yrs · since 2015
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

Independent

Revenue

£4.7m

Growth ▼10.7%

Profit

−£1.2m

Growth —

Profit margin

−25.6%

Gross 39.6%

Employees

Change ▲2.6%

Profit / employee

−£29.8k

Revenue/employee £116k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£5.2m	£4.7m
Cost of sales	£3.1m	£2.8m
Gross profit	£2.1m	£1.8m
Operating profit	−£664k	−£1.2m
Profit before tax	−£665k	−£1.2m
Profit after tax	−£665k	−£1.2m
Profit (best available)	−£665k	−£1.2m
Employees (average)	39	40
Ratios
Profit margin	−12.8%	−25.6%
Gross margin	41%	39.6%
Revenue per employee	£134k	£116k
Profit per employee	−£17.1k	−£29.8k
Growth (year on year)
Revenue growth	—	▼10.7%
Headcount growth	—	▲2.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£95.5k	£147k
Net assets	−£4.7m	−£5.9m
Fixed assets	£2m	£5.5m
Current assets	£14.2m	£17.7m
Debtors	£12.9m	£17.1m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −25.6%; Profit ÷ revenue.
Gross margin: 39.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £116k; Revenue ÷ average employees.
Profit per employee: −£29.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 118.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 366.3%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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 −£5.9m
Cash at bank: ▲54%; Now £147k
Headcount: ▲3%; Now 40
Deferred income: —; Now —
Fixed assets: ▲172%; Now £5.5m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£1.2m), from the Companies House accounts bulk data published Sep 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.