Majestic Locks Ltd
Registered name: MAJESTIC LOCKS LTD
Majestic Locks Ltd made £19.9k revenue and £867 profit in the year to 31 Aug 2023.
Majestic Locks Ltd’s revenue grew 75% to £19.9k in the year to 31 Aug 2023, with £867 profit and 0 employees. The company is classified under “other service activities” and is based in Coventry; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Coventry, West Midlands
- Age
- 8 yrs · since 2018
- 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 Aug 2021 | 31 Aug 2022 | 31 Aug 2023 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £11.4k | £19.9k |
| Cost of sales | — | — | £573 |
| Gross profit | — | £11.4k | £19.3k |
| Operating profit | — | −£98 | £867 |
| Profit before tax | — | −£98 | £867 |
| Profit after tax | — | −£98 | £867 |
| Profit (best available) | — | −£98 | £867 |
| Employees (average) | 2 | 2 | 0 |
| Ratios | |||
| Profit margin | — | −0.9% | 4.4% |
| Gross margin | — | 100% | 97.1% |
| Revenue per employee | — | £5.7k | — |
| Profit per employee | — | −£49 | — |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲75% |
| Headcount growth | — | 0% | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £107 | £9 | £876 |
| Net assets | −£4k | −£3.1k | −£1.1k |
| Fixed assets | £100 | £100 | £100 |
| Current assets | £107 | £9 | £876 |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- 4.4%
- Profit ÷ revenue.
- Gross margin
- 97.1%
- 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
- 0.5%
- 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
- —
- Now −£1.1k
- Cash at bank
- ▲9633%
- Now £876
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £100
Sources
Latest figures from FullAccounts for the year to 31 Aug 2023 (profit £867), from the Companies House accounts bulk data published May 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.