How much does Mypad 2020 Limited make?

Mypad 2020 Limited reported revenue of £38.7m and £1.5m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Mypad 2020 Limited have?

Mypad 2020 Limited reported an average of 52 employees in the year to 31 Dec 2025.

Is Mypad 2020 Limited profitable?

Yes — Mypad 2020 Limited reported a profit of £1.5m in the year to 31 Dec 2025.

Company No. 12344189 · Incorporated 2 Dec 2019

Mypad 2020 Limited

Registered name: MYPAD 2020 LIMITED

Mypad 2020 Limited made £38.7m revenue and £1.5m profit in the year to 31 Dec 2025.

Mypad 2020 Limited’s revenue grew 3% to £38.7m in the year to 31 Dec 2025, with £1.5m profit and 52 employees. The company is classified under “construction of commercial buildings” and is based in Derby; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings SIC 41202Construction of domestic buildings

Status: Active
Location: Derby, East Midlands
Age: 6 yrs · since 2019
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightOperating leverageCash flow filed

Revenue

£38.7m

Growth ▲3.3%

Profit

£1.5m

Growth ▲87.4%

Profit margin

3.9%

Gross 10.6%

Employees

Change ▲15.6%

Profit / employee

£28.9k

Revenue/employee £744k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
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)	£14.4m	£20.1m	£37.4m	£38.7m
Cost of sales	£12.9m	£18.1m	£34.2m	£34.6m
Gross profit	£1.6m	£2m	£3.2m	£4.1m
Operating profit	£1m	£1.2m	£1.7m	£2.5m
Profit before tax	£756k	£769k	£1.1m	£2.1m
Profit after tax	£582k	£579k	£801k	£1.5m
Profit (best available)	£582k	£579k	£801k	£1.5m
Staff costs	£881k	£1.7m	£2.9m	£3.1m
Employees (average)	18	29	45	52
Ratios
Profit margin	4%	2.9%	2.1%	3.9%
Gross margin	11%	9.9%	8.6%	10.6%
Revenue per employee	£802k	£693k	£832k	£744k
Profit per employee	£32.3k	£20k	£17.8k	£28.9k
Cash conversion	−301.7%	−227.8%	229.1%	−178.4%
Growth (year on year)
Revenue growth	—	▲39.1%	▲86.5%	▲3.3%
Profit growth	—	▼0.5%	▲38.2%	▲87.4%
Headcount growth	—	▲61.1%	▲55.2%	▲15.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£945k	£1.9m	£466k	£3.3m
Net assets	£646k	£602k	£1.2m	£2.2m
Fixed assets	£514k	£819k	£759k	£634k
Current assets	£6.4m	£10.8m	£14.5m	£16.7m
Debtors	£7.7k	£40.4k	£25.6k	£43k
Deferred income	£1.7m	£4.3m	£3m	£4.1m
Cash from operations	−£3.1m	−£2.8m	£3.9m	−£4.5m
Source	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 3.9%; Profit ÷ revenue.
Gross margin: 10.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £744k; Revenue ÷ average employees.
Profit per employee: £28.9k; Profit ÷ average employees.
Cash conversion: −178.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 10.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; 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: ▲91%; Now £2.2m
Cash at bank: ▲615%; Now £3.3m
Headcount: ▲16%; Now 52
Deferred income: ▲38%; Now £4.1m
Fixed assets: ▼17%; Now £634k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (1)

Bowbridge Homes (Nanpantan) LimitedFigures not disclosed

Minority corporate shareholders

Jowett Holdings Limited

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.5m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 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.