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.
- Status
- Liquidation
- Location
- Milton Keynes, South East
- 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 2023 | 31 Jan 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full 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) | 62 | 48 |
| Ratios | ||
| Profit margin | 0.1% | −0.4% |
| Gross margin | 0.3% | 3.7% |
| Revenue per employee | £685k | £178k |
| Profit per employee | £606 | −£673 |
| Cash conversion | 1071% | −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 |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 |
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.
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.