MGFM Consulting Ltd
Registered name: MGFM CONSULTING LTD
MGFM Consulting Ltd made £69.9k revenue and £37.6k profit in the year to 31 Dec 2024.
MGFM Consulting Ltd’s revenue fell 11% to £69.9k in the year to 31 Dec 2024, with £37.6k profit and 2 employees. The company is classified under “management consultancy activities other than financial management” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2015
- 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 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £77k | £84k | £78.3k | £69.9k |
| Profit after tax | £45.1k | £51.7k | £44.2k | £37.6k |
| Profit (best available) | £45.1k | £51.7k | £44.2k | £37.6k |
| Staff costs | £26.2k | £26.2k | £26.2k | £26.2k |
| Employees (average) | — | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | 58.5% | 61.6% | 56.5% | 53.8% |
| Revenue per employee | — | £42k | £39.1k | £35k |
| Profit per employee | — | £25.9k | £22.1k | £18.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲9% | ▼6.8% | ▼10.7% |
| Profit growth | — | ▲14.8% | ▼14.5% | ▼14.9% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £0 | £0 | £0 | £0 |
| Fixed assets | £0 | £0 | £0 | £0 |
| Current assets | £0 | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 53.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £35k
- Revenue ÷ average employees.
- Profit per employee
- £18.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- 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
- —
- Now £0
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £37.6k), from the Companies House accounts bulk data published Sep 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.