Mechnet Cabling Solutions Ltd
Registered name: MECHNET CABLING SOLUTIONS LTD
Mechnet Cabling Solutions Ltd made £2.5k revenue and a £3.2k loss in the year to 28 Feb 2025.
Mechnet Cabling Solutions Ltd’s revenue fell 84% to £2.5k in the year to 28 Feb 2025, with a loss of £3.2k and 1 employee. The company is classified under “electrical installation” and is based in Oldham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Oldham, North West
- Age
- 9 yrs · since 2017
- 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 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £25.9k | £38.4k | £15.9k | £2.5k |
| Profit after tax | £2.3k | £17.8k | £7.3k | −£3.2k |
| Profit (best available) | £2.3k | £17.8k | £7.3k | −£3.2k |
| Staff costs | £12.3k | £2.7k | £0 | £0 |
| Employees (average) | — | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | 8.8% | 46.2% | 46.1% | −127% |
| Revenue per employee | — | £38.4k | £15.9k | £2.5k |
| Profit per employee | — | £17.8k | £7.3k | −£3.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲48.3% | ▼58.8% | ▼84.2% |
| Profit growth | — | ▲682.3% | ▼58.8% | ▼143.4% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£1.8k | £15.8k | £21.1k | £19.9k |
| Fixed assets | £19.7k | £20k | £20k | £20k |
| Current assets | £1k | £1.1k | £2.1k | £1k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −127%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.5k
- Revenue ÷ average employees.
- Profit per employee
- −£3.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 800.2%
- 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
- ▼6%
- Now £19.9k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲0%
- Now £20k
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit −£3.2k), from the Companies House accounts bulk data published Nov 2025. 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.