How much does Pega Mining Ltd make?

Pega Mining Ltd reported revenue of £80.9m and a loss of £30.7m in the year to 28 Feb 2023, according to its accounts filed at Companies House.

How many employees does Pega Mining Ltd have?

Pega Mining Ltd reported an average of 3 employees in the year to 28 Feb 2023.

Is Pega Mining Ltd profitable?

No — Pega Mining Ltd reported a loss of £30.7m in the year to 28 Feb 2023.

Company No. 13207693 · Incorporated 17 Feb 2021

Pega Mining Ltd

Registered name: PEGA MINING LTD

Pega Mining Ltd made £80.9m revenue and a £30.7m loss in the year to 28 Feb 2023. read from filing text

Pega Mining Ltd’s revenue fell 6% to £80.9m in the year to 28 Feb 2023, with a loss of £30.7m and 3 employees. The company is classified under “other information technology service activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Liquidation
Location: London, London
Age: 5 yrs · since 2021
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 28 Feb 2023

Key figures

IndependentSmall team

Revenue

£80.9m

Growth ▼5.9%

Profit

−£30.7m

Growth ▼477.2%

Profit margin

−37.9%

Gross 23.4%

Employees

Change ▲200%

Profit / employee

−£10.2m

Revenue/employee £27m

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	28 Feb 2022	28 Feb 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£85.9m	£80.9m
Cost of sales	£47m	£62m
Gross profit	£38.9m	£18.9m
Operating profit	£11.6m	−£30.1m
Profit before tax	£11.7m	−£29.6m
Profit after tax	£8.1m	−£30.7m
Profit (best available)	£8.1m	−£30.7m
Employees (average)	1	3
Ratios
Profit margin	9.5%	−37.9%
Gross margin	45.3%	23.4%
Revenue per employee	£85.9m	£27m
Profit per employee	£8.1m	−£10.2m
Growth (year on year)
Revenue growth	—	▼5.9%
Profit growth	—	▼477.2%
Headcount growth	—	▲200%
Balance sheet — indirect signals, not revenue
Cash at bank	£26.7m	£4.8m
Net assets	£14.2m	£9.9m
Fixed assets	£7.3m	£8.2m
Current assets	£106m	£75.9m
Debtors	£1.1m	£0
Deferred income	£21.1m	£449k
Source	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: −37.9%; Profit ÷ revenue.
Gross margin: 23.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £27m; Revenue ÷ average employees.
Profit per employee: −£10.2m; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▼30%; Now £9.9m
Cash at bank: ▼82%; Now £4.8m
Headcount: ▲200%; Now 3
Deferred income: ▼98%; Now £449k
Fixed assets: ▲12%; Now £8.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2023 (profit −£30.7m), from the Companies House accounts bulk data published Jan 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.