Mi Essentials Limited
Registered name: MI ESSENTIALS LIMITED
Mi Essentials Limited made £1.9k revenue and £546 profit in the year to 31 Jan 2025.
Mi Essentials Limited’s revenue grew 95800% to £1.9k in the year to 31 Jan 2025, with £546 profit and 1 employee. The company is classified under “retail sale via mail order houses or via internet” and is based in Bolton; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bolton, North West
- Age
- 4 yrs · since 2022
- 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 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £3.2k | £2 | £1.9k |
| Cost of sales | £2.9k | £0 | £743 |
| Gross profit | £281 | £2 | £1.2k |
| Operating profit | £281 | −£3 | £546 |
| Profit before tax | £281 | −£3 | £546 |
| Profit after tax | £281 | −£3 | £546 |
| Profit (best available) | £281 | −£3 | £546 |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | 8.8% | −150% | 28.5% |
| Gross margin | 8.8% | 100% | 61.3% |
| Revenue per employee | £3.2k | £2 | £1.9k |
| Profit per employee | £281 | −£3 | £546 |
| Growth (year on year) | |||
| Revenue growth | — | ▼99.9% | ▲95800% |
| Profit growth | — | ▼101.1% | — |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £44 | £30 | £321 |
| Net assets | £44 | £96 | £585 |
| Fixed assets | £0 | £53 | £279 |
| Current assets | £44 | £43 | £321 |
| Debtors | £10 | £13 | £0 |
| Source | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 28.5%
- Profit ÷ revenue.
- Gross margin
- 61.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.9k
- Revenue ÷ average employees.
- Profit per employee
- £546
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲509%
- Now £585
- Cash at bank
- ▲970%
- Now £321
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲426%
- Now £279
Sources
Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £546), 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.