Mermaids Swimwear Ltd.
Registered name: MERMAIDS SWIMWEAR LTD.
Mermaids Swimwear Ltd. made £153k revenue and £13.7k profit in the year to 30 Nov 2025.
Mermaids Swimwear Ltd.’s revenue fell 64% to £153k in the year to 30 Nov 2025, with £13.7k profit and 2 employees. The company is classified under “retail sale of clothing in specialised stores” and is based in Brentwood; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Brentwood, East of England
- Age
- 9 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 | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £431k | £153k |
| Operating profit | — | — | £55.1k | £16.9k |
| Profit before tax | — | — | £55.1k | £16.9k |
| Profit after tax | — | — | £44.3k | £13.7k |
| Profit (best available) | — | — | £44.3k | £13.7k |
| Staff costs | — | — | £18.1k | £20k |
| Employees (average) | 2 | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | — | — | 10.3% | 8.9% |
| Revenue per employee | — | — | £216k | £76.6k |
| Profit per employee | — | — | £22.1k | £6.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼64.5% |
| Profit growth | — | — | — | ▼69% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | — | £214k | £187k |
| Net assets | £324k | £420k | £424k | £400k |
| Current assets | £406k | £470k | £442k | £410k |
| Debtors | — | — | £220k | £220k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 8.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £76.6k
- Revenue ÷ average employees.
- Profit per employee
- £6.9k
- 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
- 143.6%
- 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
- ▼6%
- Now £400k
- Cash at bank
- ▼13%
- Now £187k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Don't Feed the Bears LimitedDoncaster · Retail sale of clothing in specialised stores
- Revenue
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- Profit
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- Staff
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- Clayclo LtdDarlaston · Retail sale of clothing in specialised stores
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- Buttons & Bows Boutique LtdLondon · Retail sale of clothing in specialised stores
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- Mayfield School Services Ltd.East Sussex · Retail sale of clothing in specialised stores
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- Hello Lovely Fashion LtdGodalming · Retail sale of clothing in specialised stores
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- Penriver Design LimitedWindsor · Retail sale of clothing in specialised stores
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £13.7k), from the Companies House accounts bulk data published Jun 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.