MMD 15 Ltd
Registered name: MMD 15 LTD
MMD 15 Ltd made £22.6k revenue and a £226 loss in the year to 28 Feb 2026.
MMD 15 Ltd’s revenue fell 4% to £22.6k in the year to 28 Feb 2026, with a loss of £226 and 1 employee. The company is classified under “floor and wall covering” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- 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 | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 | 28 Feb 2026 |
|---|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | £26.2k | £27.4k | £23.6k | £22.6k |
| Cost of sales | — | £838 | £3.4k | £1.8k | £5.5k |
| Gross profit | — | £25.4k | £24k | £21.8k | £17.1k |
| Operating profit | — | £2.5k | −£546 | −£786 | −£226 |
| Profit before tax | — | £2.5k | −£546 | −£786 | −£226 |
| Profit after tax | — | £2k | −£546 | −£786 | −£226 |
| Profit (best available) | — | £2k | −£546 | −£786 | −£226 |
| Employees (average) | 2 | 2 | 2 | 2 | 1 |
| Ratios | |||||
| Profit margin | — | 7.6% | −2% | −3.3% | −1% |
| Gross margin | — | 96.8% | 87.6% | 92.4% | 75.7% |
| Revenue per employee | — | £13.1k | £13.7k | £11.8k | £22.6k |
| Profit per employee | — | £999 | −£273 | −£393 | −£226 |
| Growth (year on year) | |||||
| Revenue growth | — | — | ▲4.4% | ▼13.7% | ▼4.4% |
| Profit growth | — | — | ▼127.3% | — | — |
| Headcount growth | — | 0% | 0% | 0% | ▼50% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £4.8k | £4.6k | £3.8k | £1.7k | £1.8k |
| Net assets | £1.5k | £3.5k | £3k | £2.2k | £1.9k |
| Current assets | £13.4k | £9.7k | £6.8k | £5k | £5k |
| Debtors | £8.6k | £5.1k | £3k | £3.3k | £3.1k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- −1%
- Profit ÷ revenue.
- Gross margin
- 75.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £22.6k
- Revenue ÷ average employees.
- Profit per employee
- −£226
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.8%
- 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
- ▼10%
- Now £1.9k
- Cash at bank
- ▲8%
- Now £1.8k
- Headcount
- ▼50%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 28 Feb 2026 (profit −£226), from the Companies House accounts bulk data published Mar 2026. 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.