How much does Qmover MFS Ltd make?

Qmover MFS Ltd reported revenue of £16.8m and £539 profit in the year to 31 Oct 2024, according to its accounts filed at Companies House.

How many employees does Qmover MFS Ltd have?

Qmover MFS Ltd reported an average of 54 employees in the year to 31 Oct 2024.

Is Qmover MFS Ltd profitable?

Yes — Qmover MFS Ltd reported a profit of £539 in the year to 31 Oct 2024.

Company No. 12968664 · Incorporated 22 Oct 2020

Qmover MFS Ltd

Registered name: QMOVER MFS LTD

Qmover MFS Ltd made £16.8m revenue and £539 profit in the year to 31 Oct 2024.

Qmover MFS Ltd’s revenue fell 22% to £16.8m in the year to 31 Oct 2024, with £539 profit and 54 employees. The company is classified under “wholesale of fruit and vegetables” and is based in Barton Under Needwood; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46310Wholesale of fruit and vegetables SIC 46320Wholesale of meat and meat products SIC 46380Wholesale of other food, including fish, crustaceans and molluscs

Status: In Administration
Location: Barton Under Needwood, East Midlands
Age: 5 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Oct 2024

Key figures

IndependentCapital-lightYoung and profitableCash flow filed

Revenue

£16.8m

Growth ▼22.3%

Profit

£539

Growth —

Profit margin

Gross 17.4%

Employees

Change ▼18.2%

Profit / employee

£10

Revenue/employee £311k

Profitable streak

1yr

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 to	31 Oct 2022	31 Oct 2023	31 Oct 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£23.1m	£21.6m	£16.8m
Cost of sales	£21.4m	£20.1m	£13.9m
Gross profit	£1.7m	£1.5m	£2.9m
Operating profit	£241k	−£205k	−£31.8k
Profit before tax	£240k	−£163k	£8.1k
Profit after tax	£221k	−£102k	£539
Profit (best available)	£221k	−£102k	£539
Staff costs	£1.6m	£1.7m	£1.6m
Employees (average)	67	66	54
Ratios
Profit margin	1%	−0.5%	0%
Gross margin	7.1%	7%	17.4%
Revenue per employee	£345k	£328k	£311k
Profit per employee	£3.3k	−£1.5k	£10
Cash conversion	−136.6%	—	—
Growth (year on year)
Revenue growth	—	▼6.4%	▼22.3%
Profit growth	—	▼146.2%	—
Headcount growth	—	▼1.5%	▼18.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.9k	£102k	£58.8k
Net assets	£148k	−£14.1k	−£13.5k
Fixed assets	£215k	£269k	£263k
Current assets	£2.4m	£1.8m	£1.6m
Debtors	£1.2m	£991k	£818k
Deferred income	£57.4k	£47k	—
Cash from operations	−£329k	−£313k	−£64.2k
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: 17.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £311k; Revenue ÷ average employees.
Profit per employee: £10; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.9%; 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 −£13.5k
Cash at bank: ▼43%; Now £58.8k
Headcount: ▼18%; Now 54
Deferred income: —; Now —
Fixed assets: ▼2%; Now £263k

Corporate ownership

Group structure

Subsidiaries (1)

Strawberry Fields Qmover LtdRev. £1.3m · Profit £2.8k

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £539), from the Companies House accounts bulk data published Oct 2025. 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.