How much does Mil Limited make?

Mil Limited reported revenue of £9.3m and £1.6m profit in the year to 31 Jan 2026, according to its accounts filed at Companies House.

How many employees does Mil Limited have?

Mil Limited reported an average of 14 employees in the year to 31 Jan 2026.

Is Mil Limited profitable?

Yes — Mil Limited reported a profit of £1.6m in the year to 31 Jan 2026.

Company No. 11988519 · Incorporated 10 May 2019

Mil Limited

Registered name: MIL LIMITED

Mil Limited made £9.3m revenue and £1.6m profit in the year to 31 Jan 2026.

Mil Limited’s revenue grew 297% to £9.3m in the year to 31 Jan 2026, with £1.6m profit and 14 employees. The company is classified under “other sports activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 93199Other sports activities

Status: Active
Location: London, London
Age: 7 yrs · since 2019
Type: Private Limited Company

Latest accounts · year to 31 Jan 2026

Key figures

IndependentOperating leverage

Revenue

£9.3m

Growth ▲297.3%

Profit

£1.6m

Growth ▲33879%

Profit margin

17.7%

Gross 24.5%

Employees

Change ▲27.3%

Profit / employee

£117k

Revenue/employee £662k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2024	31 Jan 2025	31 Jan 2026
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.1m	£2.3m	£9.3m
Cost of sales	−£2m	−£2.3m	−£7m
Gross profit	£62.7k	£22.4k	£2.3m
Operating profit	£51.3k	£6.4k	£2.2m
Profit before tax	£51.3k	£6.4k	£2.2m
Profit after tax	£29.1k	£4.8k	£1.6m
Profit (best available)	£29.1k	£4.8k	£1.6m
Employees (average)	13	11	14
Ratios
Profit margin	1.4%	0.2%	17.7%
Gross margin	3%	1%	24.5%
Revenue per employee	£162k	£212k	£662k
Profit per employee	£2.2k	£438	£117k
Growth (year on year)
Revenue growth	—	▲10.9%	▲297.3%
Profit growth	—	▼83.4%	▲33879%
Headcount growth	—	▼15.4%	▲27.3%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Aug 2025	Accounts · bulk data Aug 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 17.7%; Profit ÷ revenue.
Gross margin: 24.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £662k; Revenue ÷ average employees.
Profit per employee: £117k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: ▲27%; Now 14
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Jan 2026 (profit £1.6m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 11 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.