How much does Mike's Motors Garage Ltd make?

Mike's Motors Garage Ltd reported revenue of £37.7k and a loss of £51.1k in the year to 31 Aug 2025, according to its accounts filed at Companies House.

How many employees does Mike's Motors Garage Ltd have?

Mike's Motors Garage Ltd reported an average of 2 employees in the year to 31 Aug 2025.

Is Mike's Motors Garage Ltd profitable?

No — Mike's Motors Garage Ltd reported a loss of £51.1k in the year to 31 Aug 2025.

Company No. 13589569 · Incorporated 27 Aug 2021

Mike's Motors Garage Ltd

Registered name: MIKE'S MOTORS GARAGE LTD

Mike's Motors Garage Ltd made £37.7k revenue and a £51.1k loss in the year to 31 Aug 2025.

Mike's Motors Garage Ltd’s revenue fell 20% to £37.7k in the year to 31 Aug 2025, with a loss of £51.1k and 2 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Wolverhampton; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45200Maintenance and repair of motor vehicles

Status: Active
Location: Wolverhampton, West Midlands
Age: 5 yrs · since 2021
Type: Private Limited Company

Latest accounts · year to 31 Aug 2025

Key figures

IndependentSmall teamBoring industry

Revenue

£37.7k

Growth ▼20.3%

Profit

−£51.1k

Growth —

Profit margin

−135.8%

Employees

Change ▲100%

Profit / employee

−£25.6k

Revenue/employee £18.8k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Aug 2023	31 Aug 2024	31 Aug 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£40.5k	£47.2k	£37.7k
Profit after tax	£27k	−£1.4k	−£51.1k
Profit (best available)	£27k	−£1.4k	−£51.1k
Staff costs	—	£12.6k	£17.4k
Employees (average)	—	1	2
Ratios
Profit margin	66.8%	−3%	−135.8%
Revenue per employee	—	£47.2k	£18.8k
Profit per employee	—	−£1.4k	−£25.6k
Growth (year on year)
Revenue growth	—	▲16.7%	▼20.3%
Profit growth	—	▼105.2%	—
Headcount growth	—	—	▲100%
Balance sheet — indirect signals, not revenue
Net assets	£1.2k	−£211	−£51.3k
Fixed assets	£1.7k	£0	£67.5k
Current assets	£22	£1.1k	£5.4k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −135.8%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £18.8k; Revenue ÷ average employees.
Profit per employee: −£25.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 179.1%; 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.

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 −£51.3k
Cash at bank: —; Now —
Headcount: ▲100%; Now 2
Deferred income: —; Now —
Fixed assets: —; Now £67.5k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2025 (profit −£51.1k), 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.