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Company No. 15271219 · Incorporated 8 Nov 2023

Milan Group Limited

Registered name: MILAN GROUP LIMITED

Milan Group Limited made £1.9m revenue and £373k profit in the year to 30 Nov 2024.

Milan Group Limited’s revenue was £1.9m in the year to 30 Nov 2024, with £373k profit and 12 employees. The company is classified under “other specialised construction activities” and is based in Wembley.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.
Status
Active
Location
Wembley, London
Age
2 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 30 Nov 2024

Key figures

IndependentCapital-lightYoung and profitableBoring industry
Revenue
£1.9m
Growth —
Profit
£373k
Growth —
Profit margin
19.2%
Gross 33%
Employees
12
Change —
Profit / employee
£31.1k
Revenue/employee £162k
Profitable streak
1yr
Consecutive profitable years in our data

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

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to30 Nov 2024
DisclosureFull P&L
Profit & loss
Revenue (turnover)£1.9m
Cost of sales£1.3m
Gross profit£641k
Operating profit£376k
Profit before tax£376k
Profit after tax£373k
Profit (best available)£373k
Employees (average)12
Ratios
Profit margin19.2%
Gross margin33%
Revenue per employee£162k
Profit per employee£31.1k
Balance sheet — indirect signals, not revenue
Cash at bank£28.5k
Net assets£373k
Fixed assets£43.7k
Current assets£344k
Debtors£315k
SourceFullAccounts · bulk data Feb 2025
Derived from the latest filing

How the business works

Profit margin
19.2%
Profit ÷ revenue.
Gross margin
33%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£162k
Revenue ÷ average employees.
Profit per employee
£31.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
16.2%
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
—
Now £373k
Cash at bank
—
Now £28.5k
Headcount
—
Now 12
Deferred income
—
Now —
Fixed assets
—
Now £43.7k
Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £373k), from the Companies House accounts bulk data published Feb 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.