MGLB Contracts Ltd
Registered name: MGLB CONTRACTS LTD
MGLB Contracts Ltd made £161k revenue and £12.9k profit in the year to 31 Mar 2025.
MGLB Contracts Ltd’s revenue grew 95% to £161k in the year to 31 Mar 2025, with £12.9k profit and 20 employees. The company is classified under “general cleaning of buildings” and is based in Maldon; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Maldon, East of England
- 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 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £17.2k | £82.5k | £161k |
| Cost of sales | £7.7k | £59k | £119k |
| Gross profit | £9.5k | £23.5k | £42.6k |
| Operating profit | £3.1k | £697 | £16k |
| Profit before tax | £3.1k | £697 | £16k |
| Profit after tax | £2.5k | £697 | £12.9k |
| Profit (best available) | £2.5k | £697 | £12.9k |
| Employees (average) | 6 | 20 | 20 |
| Ratios | |||
| Profit margin | 14.6% | 0.8% | 8% |
| Gross margin | 55% | 28.5% | 26.4% |
| Revenue per employee | £2.9k | £4.1k | £8.1k |
| Profit per employee | £418 | £35 | £643 |
| Growth (year on year) | |||
| Revenue growth | — | ▲379.7% | ▲95.4% |
| Profit growth | — | ▼72.2% | ▲1746% |
| Headcount growth | — | ▲233.3% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £57 | £135 | £26.1k |
| Net assets | £2.5k | £1.8k | £6.3k |
| Current assets | £7.2k | £5k | £44.4k |
| Debtors | £7.1k | £30 | £12.9k |
| Deferred income | — | £1.9k | £1.1k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 8%
- Profit ÷ revenue.
- Gross margin
- 26.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £8.1k
- Revenue ÷ average employees.
- Profit per employee
- £643
- 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
- 0.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8%
- 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
- ▲246%
- Now £6.3k
- Cash at bank
- ▲19226%
- Now £26.1k
- Headcount
- 0%
- Now 20
- Deferred income
- ▼44%
- Now £1.1k
- Fixed assets
- —
- Now —
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 Mar 2025 (profit £12.9k), from the Companies House accounts bulk data published Dec 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.