Mit.ace Ltd
Registered name: MIT.ACE LTD
Mit.ace Ltd made £47.1k revenue and £169 profit in the year to 30 Jun 2025.
Mit.ace Ltd’s revenue grew 3% to £47.1k in the year to 30 Jun 2025, with £169 profit and 2 employees. The company is classified under “freight transport by road” and is based in Gravesend; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Gravesend, South East
- 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 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £46.7k | £45.7k | £47.1k |
| Profit after tax | −£124 | £673 | £169 |
| Profit (best available) | −£124 | £673 | £169 |
| Staff costs | £30k | £29k | £29.3k |
| Employees (average) | — | 2 | 2 |
| Ratios | |||
| Profit margin | −0.3% | 1.5% | 0.4% |
| Revenue per employee | — | £22.8k | £23.5k |
| Profit per employee | — | £336 | £84 |
| Growth (year on year) | |||
| Revenue growth | — | ▼2.2% | ▲3% |
| Profit growth | — | — | ▼74.9% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£93 | £738 | £749 |
| Current assets | £1.7k | £2.6k | £2.3k |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £23.5k
- Revenue ÷ average employees.
- Profit per employee
- £84
- 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.
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
- ▲1%
- Now £749
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £169), 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.