How much does MK Contractors South Wales Limited make?

MK Contractors South Wales Limited reported revenue of £345k and a loss of £54k in the year to 31 Jan 2023, according to its accounts filed at Companies House.

How many employees does MK Contractors South Wales Limited have?

MK Contractors South Wales Limited reported an average of 0 employees in the year to 31 Jan 2023.

Is MK Contractors South Wales Limited profitable?

No — MK Contractors South Wales Limited reported a loss of £54k in the year to 31 Jan 2023.

Company No. 12489537 · Incorporated 28 Feb 2020

MK Contractors South Wales Limited

Registered name: MK CONTRACTORS SOUTH WALES LIMITED

MK Contractors South Wales Limited made £345k revenue and a £54k loss in the year to 31 Jan 2023.

MK Contractors South Wales Limited’s revenue grew 48% to £345k in the year to 31 Jan 2023, with a loss of £54k and 0 employees. The company is classified under “development of building projects” and is based in Swansea; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects

Status: Active - Proposal to Strike off
Location: Swansea, Wales
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Jan 2023

Key figures

IndependentSmall teamCapital-lightDoing more with less

Revenue

£345k

Growth ▲47.8%

Profit

−£54k

Growth ▼375%

Profit margin

−15.7%

Employees

Change ▼100%

Profit / employee

—

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£233k	£345k
Profit after tax	£19.6k	−£54k
Profit (best available)	£19.6k	−£54k
Staff costs	£70.5k	£31.8k
Employees (average)	5	0
Ratios
Profit margin	8.4%	−15.7%
Revenue per employee	£46.6k	—
Profit per employee	£3.9k	—
Growth (year on year)
Revenue growth	—	▲47.8%
Profit growth	—	▼375%
Headcount growth	—	▼100%
Balance sheet — indirect signals, not revenue
Net assets	£722	−£53.3k
Fixed assets	£25.6k	£24.2k
Current assets	£38.2k	£28.4k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023

Derived from the latest filing

How the business works

Profit margin: −15.7%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7%; 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: ▼7483%; Now −£53.3k
Cash at bank: —; Now —
Headcount: ▼100%; Now 0
Deferred income: —; Now —
Fixed assets: ▼5%; Now £24.2k

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Jan 2023 (profit −£54k), from the Companies House accounts bulk data published Oct 2023. 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.