Migica Services LimitedDissolved
Registered name: MIGICA SERVICES LIMITED
Migica Services Limited made £30k revenue and £2.8k profit in the year to 31 Mar 2024.
Migica Services Limited’s revenue grew 200% to £30k in the year to 31 Mar 2024, with £2.8k profit and 3 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £10k | £30k |
| Profit after tax | £10k | £2.8k |
| Profit (best available) | £10k | £2.8k |
| Staff costs | — | £15.6k |
| Employees (average) | — | 3 |
| Ratios | ||
| Profit margin | 100% | 9.3% |
| Revenue per employee | — | £10k |
| Profit per employee | — | £932 |
| Growth (year on year) | ||
| Revenue growth | — | ▲200.1% |
| Profit growth | — | ▼72% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £100 | £100 |
| Fixed assets | £100 | £100 |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 |
How the business works
- Profit margin
- 9.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £10k
- Revenue ÷ average employees.
- Profit per employee
- £932
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- 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
- 0%
- Now £100
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £100
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £2.8k), 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.