Mississippi Connecticut Ltd
Registered name: MISSISSIPPI CONNECTICUT LTD
Mississippi Connecticut Ltd made £9.8m revenue and £3.4m profit in the year to 10 Dec 2024.
Mississippi Connecticut Ltd’s revenue was £9.8m in the year to 10 Dec 2024, with £3.4m profit and 16 employees. The company is classified under “agents involved in the sale of a variety of goods” and is based in Stockport; we hold 5 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Stockport, North West
- Age
- 7 yrs · since 2019
- 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 Jan 2021 | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 10 Dec 2024 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £837k | £2.5m | £5.5m | £7.9m | £9.8m |
| Cost of sales | £587k | £1.2m | £2.8m | £3.7m | £4.4m |
| Gross profit | £250k | £1.2m | £2.6m | £4.2m | £5.4m |
| Operating profit | £32k | £931k | £2m | £3.1m | £4.1m |
| Profit before tax | £32k | £931k | £2m | £3.1m | £4.1m |
| Profit after tax | £25.6k | £754k | £1.6m | £2.5m | £3.4m |
| Profit (best available) | £25.6k | £754k | £1.6m | £2.5m | £3.4m |
| Employees (average) | 2 | 6 | 8 | 10 | 16 |
| Ratios | |||||
| Profit margin | 3.1% | 30.2% | 29.8% | 31.5% | 35% |
| Gross margin | 29.8% | 49.9% | 48% | 53.3% | 55% |
| Revenue per employee | £419k | £416k | £684k | £792k | £614k |
| Profit per employee | £12.8k | £126k | £204k | £249k | £215k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲198.2% | ▲119.3% | ▲44.6% | — |
| Profit growth | — | ▲2847% | ▲116.1% | ▲52.9% | — |
| Headcount growth | — | ▲200% | ▲33.3% | ▲25% | — |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £6.5k | £128k | £194k | £228k | £372k |
| Net assets | £28.3k | £779k | £2.4m | £4.1m | £6.9m |
| Fixed assets | £33.4k | £200k | £1.2m | £2.5m | £3.2m |
| Current assets | £28.5k | £899k | £1.9m | £2.4m | £4.6m |
| Debtors | £7.2k | £404k | £890k | £765k | £2.3m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- 35%
- Profit ÷ revenue.
- Gross margin
- 55%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £614k
- Revenue ÷ average employees.
- Profit per employee
- £215k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 32.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.6%
- 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 £6.9m
- Cash at bank
- —
- Now £372k
- Headcount
- —
- Now 16
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £3.2m
Similar profitable businesses
- LPC Supplies LtdHoniton · Agents involved in the sale of a variety of goods
- Revenue
- £9.6m
- Profit
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- Staff
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- Mekz LimitedSlough · Agents involved in the sale of a variety of goods
- Revenue
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- Profit
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- BR Trade LtdPreston · Agents involved in the sale of a variety of goods
- Revenue
- £9.2m
- Profit
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- Staff
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- Matrix Travel LimitedFleet · Agents involved in the sale of a variety of goods
- Revenue
- £11.3m
- Profit
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- Escential LimitedSlough · Agents involved in the sale of a variety of goods
- Revenue
- £8.3m
- Profit
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- Traylen Enterprises LimitedAddlestone · Agents involved in the sale of a variety of goods
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 10 Dec 2024 (profit £3.4m), from the Companies House accounts bulk data published Feb 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.