MTK Life Ltd
Registered name: MTK LIFE LTD
MTK Life Ltd made £478k revenue and £21.7k profit in the year to 31 Dec 2024.
MTK Life Ltd’s revenue fell 16% to £478k in the year to 31 Dec 2024, with £21.7k profit and 0 employees. The company is classified under “wholesale of pharmaceutical goods” and is based in Harrow; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Harrow, London
- Age
- 7 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £1.7m | £572k | £478k |
| Cost of sales | £799k | £286k | £172k |
| Gross profit | £877k | £287k | £306k |
| Profit before tax | £253k | £61.6k | £31.2k |
| Profit after tax | £206k | £46.7k | £21.7k |
| Profit (best available) | £206k | £46.7k | £21.7k |
| Employees (average) | 2 | 2 | 0 |
| Ratios | |||
| Profit margin | 12.3% | 8.2% | 4.5% |
| Gross margin | 52.3% | 50.1% | 64.1% |
| Revenue per employee | £838k | £286k | — |
| Profit per employee | £103k | £23.3k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼65.9% | ▼16.4% |
| Profit growth | — | ▼77.4% | ▼53.5% |
| Headcount growth | — | 0% | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £46.5k | £23k | £40.9k |
| Net assets | £528k | £575k | £596k |
| Fixed assets | £8.4k | £6.7k | £5k |
| Current assets | £1.5m | £1.6m | £1.9m |
| Debtors | £31.3k | £46k | £46.4k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 4.5%
- Profit ÷ revenue.
- Gross margin
- 64.1%
- 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
- 1.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.7%
- 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 £596k
- Cash at bank
- ▲78%
- Now £40.9k
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £5k
Similar profitable businesses
- Beijing Tong Ren Tang (UK) LimitedWholesale of pharmaceutical goods
- Revenue
- £560k
- Profit
- £20.7k
- Staff
- 8
- Hartwood & Brooks LimitedLondon · Wholesale of pharmaceutical goods
- Revenue
- £367k
- Profit
- £47k
- Staff
- 3
- Instruments and Laboratory Supplies LimitedSouthampton · Wholesale of pharmaceutical goods
- Revenue
- £626k
- Profit
- £4.3k
- Staff
- 0
- Upjohn UK LimitedSandwich · Wholesale of pharmaceutical goods
- Revenue
- £1.2m
- Profit
- £1.1m
- Staff
- —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £21.7k), from the Companies House accounts bulk data published Oct 2025. 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.