How much does Mina Digital Limited make?

Mina Digital Limited reported revenue of £8.4m and a loss of £1.8m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Mina Digital Limited have?

Mina Digital Limited reported an average of 36 employees in the year to 31 Dec 2023.

Is Mina Digital Limited profitable?

No — Mina Digital Limited reported a loss of £1.8m in the year to 31 Dec 2023.

Company No. 11641082

Mina Digital LimitedDissolved

Mina Digital Limited made £8.4m revenue and a £1.8m loss in the year to 31 Dec 2023.

Mina Digital Limited’s revenue grew 584% to £8.4m in the year to 31 Dec 2023, with a loss of £1.8m and 36 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Dec 2023

Key figures

IndependentCapital-light

Revenue

£8.4m

Growth ▲584.3%

Profit

−£1.8m

Growth —

Profit margin

−21.7%

Gross 5.5%

Employees

Change ▲44%

Profit / employee

−£50.6k

Revenue/employee £233k

Profitable streak

0yrs

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 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.2m	£8.4m
Cost of sales	£1.1m	£7.9m
Gross profit	£85.5k	£464k
Operating profit	−£1.7m	−£1.8m
Profit before tax	−£1.7m	−£1.8m
Profit after tax	−£1.5m	−£1.8m
Profit (best available)	−£1.5m	−£1.8m
Employees (average)	25	36
Ratios
Profit margin	−118.3%	−21.7%
Gross margin	7%	5.5%
Revenue per employee	£49.1k	£233k
Profit per employee	−£58.1k	−£50.6k
Growth (year on year)
Revenue growth	—	▲584.3%
Headcount growth	—	▲44%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.9m	£598k
Net assets	£4.1m	£2.4m
Fixed assets	£40.2k	£389k
Current assets	£4.5m	£3.6m
Debtors	£54.9k	£48.4k
Source	Accounts · bulk data Dec 2024	Accounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −21.7%; Profit ÷ revenue.
Gross margin: 5.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £233k; Revenue ÷ average employees.
Profit per employee: −£50.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.6%; 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: ▼41%; Now £2.4m
Cash at bank: ▼84%; Now £598k
Headcount: ▲44%; Now 36
Deferred income: —; Now —
Fixed assets: ▲869%; Now £389k

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit −£1.8m), from the Companies House accounts bulk data published Dec 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.