Mind Reflection Ltd
Registered name: MIND REFLECTION LTD
Mind Reflection Ltd made £23k revenue and a £40.2k loss in the year to 31 Aug 2025.
Mind Reflection Ltd’s revenue grew 78% to £23k in the year to 31 Aug 2025, with a loss of £40.2k and 8 employees. The company is classified under “retail sale via mail order houses or via internet” and is based in Belfast; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 12 yrs · since 2014
- 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 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £30k | £13k | £23k |
| Profit after tax | — | −£470 | −£7.2k | −£40.2k |
| Profit (best available) | — | −£470 | −£7.2k | −£40.2k |
| Staff costs | — | £15.5k | £14.9k | £40.4k |
| Employees (average) | — | 6 | 7 | 8 |
| Ratios | ||||
| Profit margin | — | −1.6% | −55.3% | −174.8% |
| Revenue per employee | — | £5k | £1.9k | £2.9k |
| Profit per employee | — | −£78 | −£1k | −£5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼56.8% | ▲77.5% |
| Headcount growth | — | — | ▲16.7% | ▲14.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £1k | £9.5k | £10.3k | −£19.8k |
| Fixed assets | £5.4k | £7.6k | £10k | £16.7k |
| Current assets | £2.3k | £7.8k | £4k | £1k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −174.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.9k
- Revenue ÷ average employees.
- Profit per employee
- −£5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 72.5%
- 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
- ▼292%
- Now −£19.8k
- Cash at bank
- —
- Now —
- Headcount
- ▲14%
- Now 8
- Deferred income
- —
- Now —
- Fixed assets
- ▲67%
- Now £16.7k
Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit −£40.2k), from the Companies House accounts bulk data published Dec 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.