How much does MC 2024 Limited make?

MC 2024 Limited reported revenue of £32.2m and £357k profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does MC 2024 Limited have?

MC 2024 Limited reported an average of 149 employees in the year to 31 Dec 2022.

Is MC 2024 Limited profitable?

Yes — MC 2024 Limited reported a profit of £357k in the year to 31 Dec 2022.

Company No. 10771654 · Incorporated 15 May 2017

MC 2024 Limited

Registered name: MC 2024 LIMITED

Part of Beauty Brands Acquisition (Uk) Ltd group

MC 2024 Limited made £32.2m revenue and £357k profit in the year to 31 Dec 2022. read from filing text

MC 2024 Limited’s revenue was £32.2m in the year to 31 Dec 2022, with £357k profit and 149 employees. The company is classified under “retail sale of cosmetic and toilet articles in specialised stores” and is based in Manchester; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47750Retail sale of cosmetic and toilet articles in specialised stores

Status: Liquidation
Location: Manchester, North West
Age: 9 yrs · since 2017
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2022

Key figures

Cash flow filed

Revenue

£32.2m

Growth —

Profit

£357k

Growth —

Profit margin

1.1%

Gross 70.2%

Employees

149

Change —

Profit / employee

£2.4k

Revenue/employee £216k

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£33.4m	£32.2m
Cost of sales	£13.7m	£9.6m
Gross profit	£19.7m	£22.6m
Profit before tax	−£1.5m	£357k
Profit after tax	−£1.5m	£357k
Profit (best available)	−£1.5m	£357k
Staff costs	£4.3m	£4.6m
Employees (average)	146	149
Ratios
Profit margin	−4.3%	1.1%
Gross margin	59.1%	70.2%
Revenue per employee	£229k	£216k
Profit per employee	−£10k	£2.4k
Balance sheet — indirect signals, not revenue
Cash at bank	£2.6m	£1.4m
Net assets	£568k	£925k
Fixed assets	£7.5m	£6.8m
Current assets	£16.2m	£25.1m
Debtors	£3.6m	£5.6m
Deferred income	£1.2m	£607k
Cash from operations	—	£239k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: 1.1%; Profit ÷ revenue.
Gross margin: 70.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £216k; Revenue ÷ average employees.
Profit per employee: £2.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 21.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.4%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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 £925k
Cash at bank: —; Now £1.4m
Headcount: —; Now 149
Deferred income: —; Now £607k
Fixed assets: —; Now £6.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Beauty Brands Acquisition (Uk) Ltd (registered outside the UK register)ultimate parent75–100%
MC 2024 Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2022 (profit £357k), from the Companies House accounts bulk data published Jan 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.