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
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2024 | 31 May 2025 |
|---|---|---|
| Disclosure | Full P&L | Full 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) | 2 | 2 |
| Ratios | ||
| Profit margin | 12% | 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 |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 |
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.
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 —
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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.