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Company No. 13727677 · Incorporated 8 Nov 2021

Merx Sports Group Ltd

Registered name: MERX SPORTS GROUP LTD

Merx Sports Group Ltd made £650k revenue and £337k profit in the year to 30 Nov 2024.

Merx Sports Group Ltd’s revenue grew 64% to £650k in the year to 30 Nov 2024, with £337k profit and 8 employees. The company is classified under “non-specialised wholesale trade” and is based in ST. Helens; we hold 3 years of its filed accounts.

Status
Active
Location
ST. Helens, North West
Age
4 yrs · since 2021
Type
Private Limited Company
Latest accounts · year to 30 Nov 2024

Key figures

IndependentSmall teamYoung and profitableOperating leverage
Revenue
£650k
Growth ▲63.7%
Profit
£337k
Growth ▲103.2%
Profit margin
51.9%
Gross 70%
Employees
8
Change 0%
Profit / employee
£42.2k
Revenue/employee £81.3k
Profitable streak
2yrs
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 to30 Nov 202230 Nov 202330 Nov 2024
DisclosureNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£397k£650k
Cost of sales—£154k£195k
Gross profit—£244k£455k
Operating profit—£166k£22.8k
Profit before tax—£166k£337k
Profit after tax—£166k£337k
Profit (best available)—£166k£337k
Employees (average)888
Ratios
Profit margin—41.8%51.9%
Gross margin—61.3%70%
Revenue per employee—£49.6k£81.3k
Profit per employee—£20.8k£42.2k
Growth (year on year)
Revenue growth——▲63.7%
Profit growth——▲103.2%
Headcount growth—0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£18.6k£38.6k£297k
Net assets£4.7m£4.8m£5.1m
Fixed assets£5m£5m£5m
Current assets£18.6k£38.6k£297k
Debtors£0£0—
SourceAbridgedAccounts · bulk data Feb 2024AbridgedAccounts · bulk data Feb 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
51.9%
Profit ÷ revenue.
Gross margin
70%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£81.3k
Revenue ÷ average employees.
Profit per employee
£42.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
770.7%
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
▲5%
Now £5.1m
Cash at bank
▲670%
Now £297k
Headcount
0%
Now 8
Deferred income
—
Now —
Fixed assets
▼0%
Now £5m
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £337k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.