Coin Mining Central Ltd
Registered name: COIN MINING CENTRAL LTD
Coin Mining Central Ltd made £30.3m revenue and £410k profit in the year to 25 Aug 2025.
Coin Mining Central Ltd’s revenue grew 74% to £30.3m in the year to 25 Aug 2025, with £410k profit and 3 employees. The company is classified under “wholesale of computers, computer peripheral equipment and software” and is based in Borehamwood; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Borehamwood, East of England
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 26 Aug 2021 | 26 Aug 2022 | 26 Aug 2023 | 26 Aug 2024 | 25 Aug 2025 |
|---|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | £34.6m | £26.5m | £17.5m | £30.3m |
| Cost of sales | — | £29m | £25.4m | £16.1m | £29.1m |
| Gross profit | — | £5.6m | £1.2m | £1.4m | £1.3m |
| Operating profit | — | −£478k | £901k | £952k | £725k |
| Profit before tax | — | −£478k | £944k | £896k | £720k |
| Profit after tax | — | −£1.8m | £1.8m | £759k | £410k |
| Profit (best available) | — | −£1.8m | £1.8m | £759k | £410k |
| Staff costs | — | £64.2k | £66.5k | £104k | £146k |
| Employees (average) | 3 | 3 | 3 | 3 | 3 |
| Ratios | |||||
| Profit margin | — | −5.2% | 6.6% | 4.3% | 1.4% |
| Gross margin | — | 16.2% | 4.4% | 7.8% | 4.2% |
| Revenue per employee | — | £11.5m | £8.8m | £5.8m | £10.1m |
| Profit per employee | — | −£604k | £585k | £253k | £137k |
| Cash conversion | — | — | −148% | −147.5% | −622% |
| Growth (year on year) | |||||
| Revenue growth | — | — | ▼23.3% | ▼34.1% | ▲73.5% |
| Profit growth | — | — | — | ▼56.7% | ▼46% |
| Headcount growth | — | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £2.3m | £1.7m | £506k | £702k | £33.9k |
| Net assets | £8.4m | £5.8m | £7.6m | £5m | −£107k |
| Fixed assets | £8.1m | £6m | £5.7k | £4.7k | £2.9k |
| Current assets | £20.9m | £1.8m | £8.5m | £6.4m | £381k |
| Debtors | £18.6m | £0 | £35.2k | £0 | £7.1k |
| Deferred income | £17.1m | £126k | £154k | £355k | £38k |
| Cash from operations | — | −£5.4m | −£1.3m | −£1.4m | −£4.5m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 1.4%
- Profit ÷ revenue.
- Gross margin
- 4.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £10.1m
- Revenue ÷ average employees.
- Profit per employee
- £137k
- Profit ÷ average employees.
- Cash conversion
- −622%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼102%
- Now −£107k
- Cash at bank
- ▼95%
- Now £33.9k
- Headcount
- 0%
- Now 3
- Deferred income
- ▼89%
- Now £38k
- Fixed assets
- ▼38%
- Now £2.9k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 25 Aug 2025 (profit £410k), from the Companies House accounts bulk data published May 2026. 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.