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Company No. 12191581 · Incorporated 5 Sep 2019

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
Latest accounts · year to 30 Sep 2024

Key figures

IndependentSmall team
Revenue
£113k
Growth ▼45.5%
Profit
−£1.8k
Growth ▼104.4%
Profit margin
−1.6%
Gross 40.9%
Employees
2
Change 0%
Profit / employee
−£891
Revenue/employee £56.3k
Profitable streak
0yrs
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 to30 Sep 202230 Sep 202330 Sep 2024
DisclosureFull P&LFull P&LFull 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)222
Ratios
Profit margin26.2%19.6%−1.6%
Gross margin52.5%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—
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data Nov 2024
Derived from the latest filing

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.
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
▼4%
Now £43.2k
Cash at bank
▼5%
Now £176k
Headcount
0%
Now 2
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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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.