Mills Decorations LimitedDissolved
Registered name: MILLS DECORATIONS LIMITED
Mills Decorations Limited made £98.9k revenue and £8.6k profit in the year to 28 Feb 2024.
Mills Decorations Limited’s revenue fell 20% to £98.9k in the year to 28 Feb 2024, with £8.6k profit and 1 employee. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2023 | 28 Feb 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £124k | £98.9k |
| Profit after tax | £50.5k | £8.6k |
| Profit (best available) | £50.5k | £8.6k |
| Staff costs | £8.4k | £5.6k |
| Employees (average) | — | 1 |
| Ratios | ||
| Profit margin | 40.8% | 8.7% |
| Revenue per employee | — | £98.9k |
| Profit per employee | — | £8.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▼20.2% |
| Profit growth | — | ▼83% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £50.5k | £8.6k |
| Current assets | £50.5k | £8.6k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 |
How the business works
- Profit margin
- 8.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £98.9k
- Revenue ÷ average employees.
- Profit per employee
- £8.6k
- 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.
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
- ▼83%
- Now £8.6k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 28 Feb 2024 (profit £8.6k), from the Companies House accounts bulk data published Mar 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.