MJC Turning LtdDissolved
Registered name: MJC TURNING LTD
MJC Turning Ltd made £28.1k revenue and £8k profit in the year to 30 Nov 2023.
MJC Turning Ltd’s revenue fell 62% to £28.1k in the year to 30 Nov 2023, with £8k profit and 0 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2021 | 30 Nov 2022 | 30 Nov 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £15.3k | £73.5k | £28.1k |
| Profit after tax | £3.1k | £18.9k | £8k |
| Profit (best available) | £3.1k | £18.9k | £8k |
| Employees (average) | — | 0 | 0 |
| Ratios | |||
| Profit margin | 20% | 25.7% | 28.5% |
| Growth (year on year) | |||
| Revenue growth | — | ▲381.8% | ▼61.7% |
| Profit growth | — | ▲518.7% | ▼57.6% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £100 | £100 | £100 |
| Current assets | £1.4k | £7.9k | £9k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- 28.5%
- 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
- —
- 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
- 0%
- Now £100
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 30 Nov 2023 (profit £8k), from the Companies House accounts bulk data published Aug 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.