MGMM Studios Ltd
Registered name: MGMM STUDIOS LTD
MGMM Studios Ltd made £30.7k revenue and a £13.2k loss in the year to 30 Mar 2023.
MGMM Studios Ltd’s revenue fell 69% to £30.7k in the year to 30 Mar 2023, with a loss of £13.2k and 1 employee. The company is classified under “other business support service activities” and is based in Liverpool; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Liverpool, North West
- 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 | 31 Mar 2022 | 30 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £101k | £30.7k |
| Cost of sales | £98.8k | £17.1k |
| Gross profit | £1.8k | £13.7k |
| Operating profit | −£302k | £1.1k |
| Profit before tax | −£312k | −£13.2k |
| Profit after tax | −£237k | −£13.2k |
| Profit (best available) | −£237k | −£13.2k |
| Employees (average) | 1 | 1 |
| Ratios | ||
| Profit margin | −235.8% | −43.1% |
| Gross margin | 1.8% | 44.4% |
| Revenue per employee | £101k | £30.7k |
| Profit per employee | −£237k | −£13.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▼69.4% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | £0 |
| Net assets | −£67.8k | −£81k |
| Fixed assets | £100k | £100k |
| Current assets | £57.1k | £110k |
| Debtors | £0 | £0 |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 |
How the business works
- Profit margin
- −43.1%
- Profit ÷ revenue.
- Gross margin
- 44.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £30.7k
- Revenue ÷ average employees.
- Profit per employee
- −£13.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 325.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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 −£81k
- Cash at bank
- —
- Now £0
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £100k
Sources
Latest figures from FullAccounts for the year to 30 Mar 2023 (profit −£13.2k), from the Companies House accounts bulk data published Apr 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.