How much does Megatan Lounge Limited make?

Megatan Lounge Limited reported revenue of £81.2k and a loss of £284 in the year to 31 Jul 2023, according to its accounts filed at Companies House.

How many employees does Megatan Lounge Limited have?

Megatan Lounge Limited reported an average of 3 employees in the year to 31 Jul 2023.

Is Megatan Lounge Limited profitable?

No — Megatan Lounge Limited reported a loss of £284 in the year to 31 Jul 2023.

Company No. 12749430

Megatan Lounge LimitedDissolved

Megatan Lounge Limited made £81.2k revenue and a £284 loss in the year to 31 Jul 2023.

Megatan Lounge Limited’s revenue grew 12% to £81.2k in the year to 31 Jul 2023, with a loss of £284 and 3 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Jul 2023

Key figures

IndependentSmall teamDoing more with less

Revenue

£81.2k

Growth ▲11.6%

Profit

−£284

Growth ▼573.3%

Profit margin

−0.4%

Employees

Change ▼25%

Profit / employee

−£95

Revenue/employee £27.1k

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 Jul 2022	31 Jul 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£72.8k	£81.2k
Profit after tax	£60	−£284
Profit (best available)	£60	−£284
Staff costs	£28k	£16.6k
Employees (average)	4	3
Ratios
Profit margin	0.1%	−0.4%
Revenue per employee	£18.2k	£27.1k
Profit per employee	£15	−£95
Growth (year on year)
Revenue growth	—	▲11.6%
Profit growth	—	▼573.3%
Headcount growth	—	▼25%
Balance sheet — indirect signals, not revenue
Net assets	−£13.3k	−£13.6k
Fixed assets	£25.6k	£21k
Current assets	£6.5k	£4.9k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: −0.4%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £27.1k; Revenue ÷ average employees.
Profit per employee: −£95; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 25.9%; 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: —; Now −£13.6k
Cash at bank: —; Now —
Headcount: ▼25%; Now 3
Deferred income: —; Now —
Fixed assets: ▼18%; Now £21k

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2023 (profit −£284), from the Companies House accounts bulk data published Jul 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.