How much does Mildgard Ltd make?

Mildgard Ltd reported revenue of £6.8m and £143k profit in the year to 31 May 2024, according to its accounts filed at Companies House.

How many employees does Mildgard Ltd have?

Mildgard Ltd reported an average of 22 employees in the year to 31 May 2024.

Is Mildgard Ltd profitable?

Yes — Mildgard Ltd reported a profit of £143k in the year to 31 May 2024.

Company No. 11990735 · Incorporated 13 May 2019

Mildgard Ltd

Registered name: MILDGARD LTD

Mildgard Ltd made £6.8m revenue and £143k profit in the year to 31 May 2024.

Mildgard Ltd’s revenue grew 7% to £6.8m in the year to 31 May 2024, with £143k profit and 22 employees. The company is classified under “development of building projects” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects SIC 41202Construction of domestic buildings

Status: Active - Proposal to Strike off
Location: London, London
Age: 7 yrs · since 2019
Type: Private Limited Company

Latest accounts · year to 31 May 2024

Key figures

IndependentCapital-lightOperating leverageDoing more with less

Revenue

£6.8m

Growth ▲6.8%

Profit

£143k

Growth ▲38.3%

Profit margin

2.1%

Gross 20.8%

Employees

Change ▼15.4%

Profit / employee

£6.5k

Revenue/employee £309k

Profitable streak

2yrs

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 May 2022	31 May 2023	31 May 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£6.4m	£6.8m
Cost of sales	—	£5.1m	£5.4m
Gross profit	—	£1.3m	£1.4m
Operating profit	—	£127k	£176k
Profit before tax	—	£127k	£176k
Profit after tax	—	£103k	£143k
Profit (best available)	—	£103k	£143k
Employees (average)	24	26	22
Ratios
Profit margin	—	1.6%	2.1%
Gross margin	—	20.2%	20.8%
Revenue per employee	—	£245k	£309k
Profit per employee	—	£4k	£6.5k
Growth (year on year)
Revenue growth	—	—	▲6.8%
Profit growth	—	—	▲38.3%
Headcount growth	—	▲8.3%	▼15.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£84.2k	£189k	£170k
Net assets	£242k	£415k	£346k
Fixed assets	£273k	£299k	£341k
Current assets	£213k	£337k	£170k
Debtors	£129k	£148k	—
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: 2.1%; Profit ÷ revenue.
Gross margin: 20.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £309k; Revenue ÷ average employees.
Profit per employee: £6.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5%; 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: ▼17%; Now £346k
Cash at bank: ▼10%; Now £170k
Headcount: ▼15%; Now 22
Deferred income: —; Now —
Fixed assets: ▲14%; Now £341k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2024 (profit £143k), from the Companies House accounts bulk data published Jan 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.