Monika Spruth & Philomene Magers Limited
Registered name: MONIKA SPRUTH & PHILOMENE MAGERS LIMITED
Monika Spruth & Philomene Magers Limited made £18.5m revenue and £1m profit in the year to 31 Dec 2025.
Monika Spruth & Philomene Magers Limited’s revenue grew 66% to £18.5m in the year to 31 Dec 2025, with £1m profit and 17 employees. The company is classified under “retail sale in commercial art galleries” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 20 yrs · since 2006
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £15.8m | £17.7m | £11.1m | £18.5m |
| Cost of sales | £12.6m | £13.7m | £9.5m | £13.3m |
| Gross profit | £3.2m | £3.9m | £1.7m | £5.2m |
| Operating profit | £170k | £352k | −£1.8m | £1.3m |
| Profit before tax | £140k | £334k | −£1.7m | £1.4m |
| Profit after tax | £101k | £242k | −£1.3m | £1m |
| Profit (best available) | £101k | £242k | −£1.3m | £1m |
| Staff costs | £687k | £925k | £821k | £952k |
| Employees (average) | 12 | 13 | 14 | 17 |
| Ratios | ||||
| Profit margin | 0.6% | 1.4% | −11.9% | 5.5% |
| Gross margin | 20.2% | 22.1% | 14.9% | 28.1% |
| Revenue per employee | £1.3m | £1.4m | £794k | £1.1m |
| Profit per employee | £8.4k | £18.6k | −£94.6k | £59.8k |
| Cash conversion | −259% | −395.7% | — | −47.2% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲11.6% | ▼37% | ▲66.1% |
| Profit growth | — | ▲140.2% | ▼647.1% | — |
| Headcount growth | — | ▲8.3% | ▲7.7% | ▲21.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £485k | £985k | £495k | £844k |
| Net assets | £6.7m | £6.7m | £5.4m | £5.4m |
| Fixed assets | £492k | £453k | £397k | £340k |
| Current assets | £13.1m | £14.2m | £14.6m | £15.2m |
| Debtors | £1.3m | £1.6m | £1.6m | £1.4m |
| Deferred income | £2.4m | £2.7m | £337k | £1.4m |
| Cash from operations | −£440k | −£1.4m | −£498k | −£637k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 28.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.1m
- Revenue ÷ average employees.
- Profit per employee
- £59.8k
- Profit ÷ average employees.
- Cash conversion
- −47.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.7%
- 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
- ▲0%
- Now £5.4m
- Cash at bank
- ▲71%
- Now £844k
- Headcount
- ▲21%
- Now 17
- Deferred income
- ▲319%
- Now £1.4m
- Fixed assets
- ▼14%
- Now £340k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Offer Waterman Fine Art LimitedLondon · Retail sale in commercial art galleries
- Revenue
- £15.2m
- Profit
- £645k
- Staff
- 11
- Waddington Custot Galleries LimitedRetail sale in commercial art galleries
- Revenue
- £11.2m
- Profit
- £377k
- Staff
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- Richard Green (Fine Paintings)London · Retail sale in commercial art galleries
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- £32.1m
- Profit
- £288k
- Staff
- 19
- Goodman Gallery UK LimitedLondon · Retail sale in commercial art galleries
- Revenue
- £35.3m
- Profit
- £3.6m
- Staff
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- Amenity Horticultural Services LimitedRye · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £18.3m
- Profit
- £1m
- Staff
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- Eden Mobility LimitedScunthorpe · Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Revenue
- £18.8m
- Profit
- £1.3m
- Staff
- 128
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 25 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.