Mags Cleaning Services LimitedDissolved
Registered name: MAGS CLEANING SERVICES LIMITED
Mags Cleaning Services Limited made £88.5k revenue and £23 profit in the year to 31 Oct 2024.
Mags Cleaning Services Limited’s revenue grew 24% to £88.5k in the year to 31 Oct 2024, with £23 profit and 9 employees. We hold 3 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 | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £71.5k | £88.5k |
| Profit after tax | — | £96 | £23 |
| Profit (best available) | — | £96 | £23 |
| Staff costs | — | £71.2k | £86k |
| Employees (average) | — | 10 | 9 |
| Ratios | |||
| Profit margin | — | 0.1% | 0% |
| Revenue per employee | — | £7.2k | £9.8k |
| Profit per employee | — | £10 | £3 |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲23.7% |
| Profit growth | — | — | ▼76% |
| Headcount growth | — | — | ▼10% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £165 | £261 | £284 |
| Current assets | £180 | £283 | £289 |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £9.8k
- Revenue ÷ average employees.
- Profit per employee
- £3
- 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
- ▲9%
- Now £284
- Cash at bank
- —
- Now —
- Headcount
- ▼10%
- Now 9
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £23), from the Companies House accounts bulk data published Nov 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.