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Company No. 11844647 · Incorporated 25 Feb 2019

Moy Technical Limited

Registered name: MOY TECHNICAL LIMITED

Moy Technical Limited made £8.5m revenue and a £32.3k loss in the year to 31 Jan 2024. read from filing text

Moy Technical Limited’s revenue fell 80% to £8.5m in the year to 31 Jan 2024, with a loss of £32.3k and 48 employees. The company is classified under “other professional, scientific and technical activities” and is based in Milton Keynes; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.
Status
Liquidation
Location
Milton Keynes, South East
Age
7 yrs · since 2019
Type
Private Limited Company
Latest accounts · year to 31 Jan 2024

Key figures

IndependentCapital-lightCash flow filed
Revenue
£8.5m
Growth ▼79.9%
Profit
−£32.3k
Growth ▼186.1%
Profit margin
−0.4%
Gross 3.7%
Employees
48
Change ▼22.6%
Profit / employee
−£673
Revenue/employee £178k
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 to31 Jan 202331 Jan 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£42.4m£8.5m
Cost of sales£42.3m£8.2m
Gross profit£119k£320k
Operating profit£45.8k£22.3k
Profit before tax£45.8k£870
Profit after tax£37.6k−£32.3k
Profit (best available)£37.6k−£32.3k
Staff costs£3.1m£2.6m
Employees (average)6248
Ratios
Profit margin0.1%−0.4%
Gross margin0.3%3.7%
Revenue per employee£685k£178k
Profit per employee£606−£673
Cash conversion1071%−1632%
Growth (year on year)
Revenue growth—▼79.9%
Profit growth—▼186.1%
Headcount growth—▼22.6%
Balance sheet — indirect signals, not revenue
Cash at bank£27.9k£1.7k
Net assets£403k£370k
Fixed assets£8.4k£7k
Current assets£8.2m£411k
Debtors£1.3m£0
Deferred income£433k£7k
Cash from operations£491k−£364k
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024
Derived from the latest filing

How the business works

Profit margin
−0.4%
Profit ÷ revenue.
Gross margin
3.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£178k
Revenue ÷ average employees.
Profit per employee
−£673
Profit ÷ average employees.
Cash conversion
−1632%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.1%
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.
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
▼8%
Now £370k
Cash at bank
▼94%
Now £1.7k
Headcount
▼23%
Now 48
Deferred income
▼98%
Now £7k
Fixed assets
▼17%
Now £7k

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 31 Jan 2024 (profit −£32.3k), 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.