Mir7983 Limited
Registered name: MIR7983 LIMITED
Mir7983 Limited made £113k revenue and a £1.8k loss in the year to 30 Sep 2024.
Mir7983 Limited’s revenue fell 45% to £113k in the year to 30 Sep 2024, with a loss of £1.8k and 2 employees. The company is classified under “construction of utility projects for electricity and telecommunications” and is based in Cardiff; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Cardiff, Wales
- 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 | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £175k | £206k | £113k |
| Cost of sales | £83.2k | £94.7k | £66.6k |
| Gross profit | £91.9k | £112k | £46k |
| Operating profit | £56.7k | £50k | −£1.8k |
| Profit before tax | £56.7k | £50k | −£1.8k |
| Profit after tax | £45.9k | £40.5k | −£1.8k |
| Profit (best available) | £45.9k | £40.5k | −£1.8k |
| Employees (average) | 2 | 2 | 2 |
| Ratios | |||
| Profit margin | 26.2% | 19.6% | −1.6% |
| Gross margin | 52.5% | 54.1% | 40.9% |
| Revenue per employee | £87.6k | £103k | £56.3k |
| Profit per employee | £23k | £20.3k | −£891 |
| Growth (year on year) | |||
| Revenue growth | — | ▲17.8% | ▼45.5% |
| Profit growth | — | ▼11.8% | ▼104.4% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £208k | £185k | £176k |
| Net assets | £50.4k | £44.9k | £43.2k |
| Current assets | £208k | £190k | £176k |
| Debtors | £324 | £5.6k | — |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- −1.6%
- Profit ÷ revenue.
- Gross margin
- 40.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £56.3k
- Revenue ÷ average employees.
- Profit per employee
- −£891
- 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.
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
- ▼4%
- Now £43.2k
- Cash at bank
- ▼5%
- Now £176k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Edy Group LtdLuton · Construction of utility projects for electricity and telecommunications
- Revenue
- £111k
- Profit
- £1.3k
- Staff
- 1
- Fenwick & Sons LtdWednesbury · Construction of utility projects for electricity and telecommunications
- Revenue
- £108k
- Profit
- £23.3k
- Staff
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- Chisca LtdLuton · Construction of utility projects for electricity and telecommunications
- Revenue
- £107k
- Profit
- £1.2k
- Staff
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- Ares Networks LtdNuneaton · Construction of utility projects for electricity and telecommunications
- Revenue
- £106k
- Profit
- £9k
- Staff
- 0
- Geognc LtdLiverpool · Construction of utility projects for electricity and telecommunications
- Revenue
- £104k
- Profit
- £46.8k
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- Vali N Hincu Construction LimitedBedford · Construction of utility projects for electricity and telecommunications
- Revenue
- £100k
- Profit
- £11.3k
- Staff
- 2
Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit −£1.8k), from the Companies House accounts bulk data published Nov 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.