MB Flooring Contractors Ltd
Registered name: MB FLOORING CONTRACTORS LTD
MB Flooring Contractors Ltd made £4.4m revenue and £2m profit in the year to 31 Mar 2023.
MB Flooring Contractors Ltd’s revenue fell 17% to £4.4m in the year to 31 Mar 2023, with £2m profit and 2 employees. The company is classified under “floor and wall covering” and is based in Middlesbrough; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Middlesbrough, North East
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £5.3m | £4.4m |
| Cost of sales | £3.6m | £2.4m |
| Gross profit | £1.7m | £2m |
| Operating profit | £1.7m | £2m |
| Profit before tax | £1.7m | £2m |
| Profit after tax | £1.7m | £2m |
| Profit (best available) | £1.7m | £2m |
| Employees (average) | 3 | 2 |
| Ratios | ||
| Profit margin | 32.1% | 45% |
| Gross margin | 32.1% | 45% |
| Revenue per employee | £1.8m | £2.2m |
| Profit per employee | £569k | £991k |
| Growth (year on year) | ||
| Revenue growth | — | ▼17.3% |
| Profit growth | — | ▲16.1% |
| Headcount growth | — | ▼33.3% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £2k | £3k |
| Current assets | £2k | £3k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 |
How the business works
- Profit margin
- 45%
- Profit ÷ revenue.
- Gross margin
- 45%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.2m
- Revenue ÷ average employees.
- Profit per employee
- £991k
- 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
- ▲50%
- Now £3k
- Cash at bank
- —
- Now —
- Headcount
- ▼33%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Vert Flooring LtdSwanley · Floor and wall covering
- Revenue
- £5m
- Profit
- £126k
- Staff
- 8
- P.H. Buxton & Sons LimitedBrighton · Floor and wall covering
- Revenue
- £3.8m
- Profit
- £158k
- Staff
- 21
- Kettles LimitedWatford · Floor and wall covering
- Revenue
- £3.8m
- Profit
- £809k
- Staff
- 15
- Ald Facades LimitedCalverton · Floor and wall covering
- Revenue
- £8.4m
- Profit
- £167k
- Staff
- 20
- DMC Contracts LimitedTilbury · Floor and wall covering
- Revenue
- £10.2m
- Profit
- £592k
- Staff
- 24
- Contract Flooring Solutions LimitedBromsgrove · Floor and wall covering
- Revenue
- £10.8m
- Profit
- £109k
- Staff
- 59
Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £2m), from the Companies House accounts bulk data published Jan 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.