Mindthegap Home Ltd
Registered name: MINDTHEGAP HOME LTD
Part of Mtg Home Collection Limited groupMindthegap Home Ltd made £587k revenue and a £103k loss in the year to 28 Feb 2025.
Mindthegap Home Ltd’s revenue was £587k in the year to 28 Feb 2025, with a loss of £103k and 0 employees. The company is classified under “retail sale of textiles in specialised stores” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | — | £587k |
| Gross profit | £172k | £268k | — |
| Operating profit | −£153k | −£198k | — |
| Profit before tax | −£153k | −£198k | — |
| Profit after tax | −£153k | −£198k | −£103k |
| Profit (best available) | −£153k | −£198k | −£103k |
| Staff costs | — | — | £0 |
| Employees (average) | 1 | 1 | 0 |
| Ratios | |||
| Profit margin | — | — | −17.6% |
| Profit per employee | −£153k | −£198k | — |
| Growth (year on year) | |||
| Headcount growth | — | 0% | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £15.7k | £5.1k | — |
| Net assets | −£153k | −£351k | −£454k |
| Fixed assets | £0 | £7.3k | £5.6k |
| Current assets | £342k | £394k | £457k |
| Debtors | £224k | £268k | — |
| Source | AbridgedAccounts · bulk data Nov 2023 | AbridgedAccounts · bulk data Nov 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −17.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 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.
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 −£454k
- Cash at bank
- —
- Now —
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼22%
- Now £5.6k
Group structure
Ownership chain
- Mtg Home Collection Limited (registered outside the UK register)ultimate parent75–100%
- Mindthegap Home Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit −£103k), from the Companies House accounts bulk data published Jan 2026. 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.