How much does Morgan T&S Limited make?

Morgan T&S Limited reported revenue of £40k and £18k profit in the year to 30 Apr 2025, according to its accounts filed at Companies House.

How many employees does Morgan T&S Limited have?

Morgan T&S Limited reported an average of 1 employee in the year to 30 Apr 2025.

Is Morgan T&S Limited profitable?

Yes — Morgan T&S Limited reported a profit of £18k in the year to 30 Apr 2025.

Company No. 14020799 · Incorporated 2 Apr 2022

Morgan T&S Limited

Registered name: MORGAN T&S LIMITED

Morgan T&S Limited made £40k revenue and £18k profit in the year to 30 Apr 2025.

Morgan T&S Limited’s revenue grew 7% to £40k in the year to 30 Apr 2025, with £18k profit and 1 employee. The company is classified under “retail sale of musical instruments and scores” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47591Retail sale of musical instruments and scores SIC 47910Retail sale via mail order houses or via Internet SIC 69202Bookkeeping activities SIC 70229Management consultancy activities other than financial management

Status: Active
Location: London, London
Age: 4 yrs · since 2022
Type: Private Limited Company

Latest accounts · year to 30 Apr 2025

Key figures

IndependentSmall teamYoung and profitableOperating leverageDoing more with less

Revenue

£40k

Growth ▲7.3%

Profit

£18k

Growth ▲14.5%

Profit margin

45%

Employees

Change ▼50%

Profit / employee

£18k

Revenue/employee £40k

Profitable streak

3yrs

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 to	30 Apr 2023	30 Apr 2024	30 Apr 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£38.8k	£37.3k	£40k
Profit after tax	£16.8k	£15.7k	£18k
Profit (best available)	£16.8k	£15.7k	£18k
Staff costs	£13.3k	£10.4k	£9k
Employees (average)	2	2	1
Ratios
Profit margin	43.2%	42.2%	45%
Revenue per employee	£19.4k	£18.6k	£40k
Profit per employee	£8.4k	£7.9k	£18k
Growth (year on year)
Revenue growth	—	▼3.9%	▲7.3%
Profit growth	—	▼6.2%	▲14.5%
Headcount growth	—	0%	▼50%
Balance sheet — indirect signals, not revenue
Net assets	£1.9k	£2.1k	£5.1k
Current assets	£7.1k	£7.1k	£9.7k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 45%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £40k; Revenue ÷ average employees.
Profit per employee: £18k; 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.

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: ▲144%; Now £5.1k
Cash at bank: —; Now —
Headcount: ▼50%; Now 1
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £18k), from the Companies House accounts bulk data published Sep 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.