Midicake Ltd
Registered name: MIDICAKE LTD
Midicake Ltd made £94.2k revenue and a £505 loss in the year to 31 Dec 2024.
Midicake Ltd’s revenue grew 13% to £94.2k in the year to 31 Dec 2024, with a loss of £505 and 1 employee. The company is classified under “manufacture of musical instruments” and is based in Newport; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Newport, Wales
- Age
- 4 yrs · since 2021
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £10k | £83.2k | £94.2k |
| Profit after tax | −£9.7k | £9.8k | −£505 |
| Profit (best available) | −£9.7k | £9.8k | −£505 |
| Staff costs | £0 | £15.9k | £25.9k |
| Employees (average) | — | 1 | 1 |
| Ratios | |||
| Profit margin | −97.1% | 11.7% | −0.5% |
| Revenue per employee | — | £83.2k | £94.2k |
| Profit per employee | — | £9.8k | −£505 |
| Growth (year on year) | |||
| Revenue growth | — | ▲728.9% | ▲13.3% |
| Profit growth | — | — | ▼105.2% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £289 | £19.5k | £27.5k |
| Fixed assets | £289 | £950 | £1.4k |
| Current assets | £0 | £18.5k | £26.1k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- −0.5%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £94.2k
- Revenue ÷ average employees.
- Profit per employee
- −£505
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.5%
- 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
- ▲41%
- Now £27.5k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲46%
- Now £1.4k
Similar profitable businesses
- Dirty Northern Town LimitedManchester · Manufacture of musical instruments
- Revenue
- £125k
- Profit
- £32.7k
- Staff
- 1
- The Bagpipe Refurb Co LtdLivingston · Manufacture of musical instruments
- Revenue
- £131k
- Profit
- £4.8k
- Staff
- 1
- Gary Owens Organ Builders LtdHereford · Manufacture of musical instruments
- Revenue
- £138k
- Profit
- £11.6k
- Staff
- 1
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£505), from the Companies House accounts bulk data published May 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.