Technical Minds Ltd
Registered name: TECHNICAL MINDS LTD
Technical Minds Ltd made £29k revenue and £25.8k profit in the year to 31 May 2025.
Technical Minds Ltd’s revenue fell 26% to £29k in the year to 31 May 2025, with £25.8k profit and 0 employees. The company is classified under “information technology consultancy activities” and is based in Wigan; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wigan, 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 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £14.8k | £39.5k | £29k |
| Profit after tax | — | £2.4k | £11.7k | £25.8k |
| Profit (best available) | — | £2.4k | £11.7k | £25.8k |
| Employees (average) | — | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | — | 16.2% | 29.8% | 89% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲166.8% | ▼26.5% |
| Profit growth | — | — | ▲391.8% | ▲119.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £22.9k | £1 | £22.9k | £4.8k |
| Current assets | — | — | £0 | £14.3k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 89%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- 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
- ▼79%
- Now £4.8k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £25.8k), from the Companies House accounts bulk data published Feb 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.