Mullins & Westley Limited
Registered name: MULLINS & WESTLEY LIMITED
Part of Mullins and Westley (1997) Limited groupMullins & Westley Limited made £6.4m revenue and a £190k loss in the year to 30 Mar 2025. read from filing text
Mullins & Westley Limited’s revenue fell 1% to £6.4m in the year to 30 Mar 2025, with a loss of £190k and 89 employees. The company is classified under “retail sale of tobacco products in specialised stores” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 83 yrs · since 1943
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company's ultimate parent company is Mullins and Westley (1997) Limited which is incorporated in England and Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 30 Mar 2025 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £6.5m | £6.4m |
| Cost of sales | £2m | £1.9m |
| Gross profit | £4.6m | £4.5m |
| Operating profit | −£171k | −£295k |
| Profit before tax | −£102k | −£190k |
| Profit after tax | −£102k | −£190k |
| Profit (best available) | −£102k | −£190k |
| Staff costs | £2.2m | £2.3m |
| Employees (average) | 94 | 89 |
| Ratios | ||
| Profit margin | −1.6% | −3% |
| Gross margin | 70% | 70.5% |
| Revenue per employee | £69.2k | £72.3k |
| Profit per employee | −£1.1k | −£2.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▼1.1% |
| Headcount growth | — | ▼5.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.3m | £317k |
| Net assets | £5.5m | £5.3m |
| Fixed assets | £3m | £3m |
| Current assets | £3.9m | £3.9m |
| Debtors | £619 | £709 |
| Deferred income | £163k | £189k |
| Cash from operations | £174k | £1.1m |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −3%
- Profit ÷ revenue.
- Gross margin
- 70.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £72.3k
- Revenue ÷ average employees.
- Profit per employee
- −£2.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 46.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼3%
- Now £5.3m
- Cash at bank
- ▼76%
- Now £317k
- Headcount
- ▼5%
- Now 89
- Deferred income
- ▲16%
- Now £189k
- Fixed assets
- ▼1%
- Now £3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Mullins and Westley (1997) Limitedultimate parent75–100%
- Mullins & Westley Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 30 Mar 2025 (profit −£190k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 11 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.