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Company No. 15992772 · Incorporated 2 Oct 2024

MG Tax & Accounting Services Ltd

Registered name: MG TAX & ACCOUNTING SERVICES LTD

MG Tax & Accounting Services Ltd made £3.7k revenue and £1.7k profit in the year to 31 Oct 2025.

MG Tax & Accounting Services Ltd’s revenue was £3.7k in the year to 31 Oct 2025, with £1.7k profit and 2 employees. The company is classified under “accounting and auditing activities” and is based in Northampton.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69201Accounting and auditing activitiesSIC 69202Bookkeeping activitiesSIC 69203Tax consultancy
Status
Active
Location
Northampton, East Midlands
Age
2 yrs · since 2024
Type
Private Limited Company
Latest accounts · year to 31 Oct 2025

Key figures

IndependentSmall teamYoung and profitable
Revenue
£3.7k
Growth —
Profit
£1.7k
Growth —
Profit margin
47%
 
Employees
2
Change —
Profit / employee
£866
Revenue/employee £1.8k
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 to31 Oct 2025
DisclosureFull P&L
Profit & loss
Revenue (turnover)£3.7k
Profit after tax£1.7k
Profit (best available)£1.7k
Staff costs£1.3k
Employees (average)2
Ratios
Profit margin47%
Revenue per employee£1.8k
Profit per employee£866
Balance sheet — indirect signals, not revenue
Net assets£1.7k
Fixed assets£1.7k
Current assets£8
SourceFullAccounts · bulk data Mar 2026
Derived from the latest filing

How the business works

Profit margin
47%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.8k
Revenue ÷ average employees.
Profit per employee
£866
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
47%
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
—
Now £1.7k
Cash at bank
—
Now —
Headcount
—
Now 2
Deferred income
—
Now —
Fixed assets
—
Now £1.7k

Sources

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £1.7k), from the Companies House accounts bulk data published Mar 2026. 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.