Skip to content
CompanySight
Company No. 14839901 · Incorporated 2 May 2023

Mil Studio Ltd

Registered name: MIL STUDIO LTD

Mil Studio Ltd made £172k revenue and £58.2k profit in the year to 31 May 2025.

Mil Studio Ltd’s revenue fell 47% to £172k in the year to 31 May 2025, with £58.2k profit and 2 employees. The company is classified under “electrical installation” and is based in Ilford; we hold 2 years of its filed accounts.

Status
Active
Location
Ilford, London
Age
3 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 31 May 2025

Key figures

IndependentSmall teamYoung and profitableBoring industry
Revenue
£172k
Growth ▼46.5%
Profit
£58.2k
Growth ▲50.7%
Profit margin
33.8%
 
Employees
2
Change 0%
Profit / employee
£29.1k
Revenue/employee £86k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 May 202431 May 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£322k£172k
Profit after tax£38.6k£58.2k
Profit (best available)£38.6k£58.2k
Staff costs£264k£69.8k
Employees (average)22
Ratios
Profit margin12%33.8%
Revenue per employee£161k£86k
Profit per employee£19.3k£29.1k
Growth (year on year)
Revenue growth—▼46.5%
Profit growth—▲50.7%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Net assets£38.6k£34.4k
Current assets£41.7k£51.8k
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2025
Derived from the latest filing

How the business works

Profit margin
33.8%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£86k
Revenue ÷ average employees.
Profit per employee
£29.1k
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
▼11%
Now £34.4k
Cash at bank
—
Now —
Headcount
0%
Now 2
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 May 2025 (profit £58.2k), from the Companies House accounts bulk data published Jun 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.