MC Asset Co Limited
Registered name: MC ASSET CO LIMITED
Part of Bioticnrg Ltd groupMC Asset Co Limited made £468k revenue and £5.1m profit in the year to 31 Dec 2024.
MC Asset Co Limited’s revenue grew 5% to £468k in the year to 31 Dec 2024, with £5.1m profit and 0 employees. The company is classified under “production of electricity” and is based in Wellingborough; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wellingborough, East Midlands
- Age
- 8 yrs · since 2017
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £445k | £468k |
| Operating profit | — | £185k | £275k |
| Profit before tax | — | £377k | £5.1m |
| Profit after tax | £6.1m | £377k | £5.1m |
| Profit (best available) | £6.1m | £377k | £5.1m |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | 84.6% | 1084% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲5.1% |
| Profit growth | — | ▼93.8% | ▲1247% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £126k | £190k | £260k |
| Net assets | £10.7m | £11.1m | £11.5m |
| Fixed assets | £15.9m | £15.9m | — |
| Current assets | £35.4m | £29.3m | £31.2m |
| Debtors | £0 | £0 | £30.9m |
| Deferred income | £27.9k | £43.6k | £141k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 1084%
- 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
- 30.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6610%
- 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
- ▲4%
- Now £11.5m
- Cash at bank
- ▲37%
- Now £260k
- Headcount
- —
- Now 0
- Deferred income
- ▲224%
- Now £141k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Bioticnrg Ltdultimate parent75–100%
- Ad Aggregator Platform Limited75–100%
- MC Asset Co Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (6)
- Decoy Farm Power LimitedRev. £5.8m · Profit £326k
- Material Change Composting LimitedRev. £4.8m · Profit −£564k
- Camel Power LimitedRev. £0 · Profit £2.1m
- Bay Farm Power LimitedFigures not disclosed
- Euston Biogas LimitedFigures not disclosed
- Helmdon Blackpits Power LimitedRev. — · Profit −£10.9k
Sister companies (2)
- Wight Farm Energy 2 LimitedRev. £1.7m · Profit −£469k
- Wight Farm Energy 1 LimitedRev. £1.8k · Profit −£15.7k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £5.1m), from the Companies House accounts bulk data published Apr 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.