Underground Medicine Ltd
Registered name: UNDERGROUND MEDICINE LTD
Underground Medicine Ltd made £5.1k revenue and £955 profit in the year to 31 Aug 2025.
Underground Medicine Ltd’s revenue grew 26% to £5.1k in the year to 31 Aug 2025, with £955 profit and 3 employees. The company is classified under “manufacture of beer” and is based in Coventry; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Coventry, West Midlands
- Age
- 6 yrs · since 2020
- 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 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £2.9k | £1.9k | £4k | £5.1k |
| Profit after tax | £377 | −£440 | £1.4k | £955 |
| Profit (best available) | £377 | −£440 | £1.4k | £955 |
| Staff costs | £0 | £0 | £0 | £0 |
| Employees (average) | — | 3 | 3 | 3 |
| Ratios | ||||
| Profit margin | 12.8% | −23.3% | 34.2% | 18.8% |
| Revenue per employee | — | £629 | £1.3k | £1.7k |
| Profit per employee | — | −£147 | £458 | £318 |
| Growth (year on year) | ||||
| Revenue growth | — | ▼35.9% | ▲112.8% | ▲26.5% |
| Profit growth | — | ▼216.7% | — | ▼30.4% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£194 | −£478 | £418 | −£257 |
| Fixed assets | £4.6k | £3.9k | £4.7k | £4.2k |
| Current assets | £584 | £955 | £1k | £872 |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 18.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.7k
- Revenue ÷ average employees.
- Profit per employee
- £318
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 82.2%
- 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
- ▼161%
- Now −£257
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▼11%
- Now £4.2k
Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £955), from the Companies House accounts bulk data published Mar 2026. 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.