Mercury Diamond LLP
Registered name: MERCURY DIAMOND LLP
Mercury Diamond LLP made £0 revenue and a £199k loss in the year to 5 Apr 2023.
Mercury Diamond LLP’s revenue fell 100% to £0 in the year to 5 Apr 2023, with a loss of £199k and 3 employees. The company is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 19 yrs · since 2007
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 5 Apr 2022 | 5 Apr 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £13.8m | £0 |
| Cost of sales | £12.8m | £0 |
| Gross profit | £935k | £0 |
| Operating profit | £335k | −£197k |
| Profit before tax | £335k | −£199k |
| Profit after tax | £335k | −£199k |
| Profit (best available) | £335k | −£199k |
| Staff costs | £41.2k | £15.8k |
| Employees (average) | 3 | 3 |
| Ratios | ||
| Profit margin | 2.4% | — |
| Gross margin | 6.8% | — |
| Revenue per employee | £4.6m | £0 |
| Profit per employee | £112k | −£66.3k |
| Growth (year on year) | ||
| Revenue growth | — | ▼100% |
| Profit growth | — | ▼159.3% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £4.6m | £1.7m |
| Net assets | £7.2m | £4.3m |
| Current assets | £28.4m | £26.5m |
| Debtors | £23.8m | £24.8m |
| Deferred income | £8k | £21.1k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£66.3k
- 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
- ▼41%
- Now £4.3m
- Cash at bank
- ▼62%
- Now £1.7m
- Headcount
- 0%
- Now 3
- Deferred income
- ▲162%
- Now £21.1k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Sources
Latest figures from accounts for the year to 5 Apr 2023 (profit −£199k), from the Companies House accounts bulk data published Dec 2023. 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.