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Company No. 13250622 · Incorporated 8 Mar 2021

MF Sports Ltd

Registered name: MF SPORTS LTD

MF Sports Ltd made £13.8m revenue and a £582k loss in the year to 31 Dec 2024.

MF Sports Ltd’s revenue fell 54% to £13.8m in the year to 31 Dec 2024, with a loss of £582k and 13 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.
Status
Active
Location
London, London
Age
5 yrs · since 2021
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

Independent
Revenue
£13.8m
Growth ▼54%
Profit
−£582k
Growth ▼217.7%
Profit margin
−4.2%
Gross −0.2%
Employees
13
Change ▲30%
Profit / employee
−£44.8k
Revenue/employee £1.1m
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 to31 Dec 202331 Dec 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£30.1m£13.8m
Cost of sales£28.2m£13.9m
Gross profit£1.9m−£28.7k
Operating profit£679k−£375k
Profit before tax£709k−£596k
Profit after tax£495k−£582k
Profit (best available)£495k−£582k
Staff costs£1.1m£1.2m
Employees (average)1013
Ratios
Profit margin1.6%−4.2%
Gross margin6.4%−0.2%
Revenue per employee£3m£1.1m
Profit per employee£49.5k−£44.8k
Growth (year on year)
Revenue growth—▼54%
Profit growth—▼217.7%
Headcount growth—▲30%
Balance sheet — indirect signals, not revenue
Cash at bank£1.9m£212k
Net assets−£606k−£1.2m
Fixed assets£434k—
Current assets£9.2m£6m
Debtors£1.9m£1.9m
Deferred income£3.4m£622k
SourceFullAccounts · bulk data Dec 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
−4.2%
Profit ÷ revenue.
Gross margin
−0.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.1m
Revenue ÷ average employees.
Profit per employee
−£44.8k
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
4.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
14%
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 −£1.2m
Cash at bank
▼89%
Now £212k
Headcount
▲30%
Now 13
Deferred income
▼82%
Now £622k
Fixed assets
—
Now —

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

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£582k), from the Companies House accounts bulk data published Dec 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.