Martin Mathew & Co. Limited
Registered name: MARTIN MATHEW & CO. LIMITED
Martin Mathew & Co. Limited made £57.7m revenue and £3.1m profit in the year to 30 Sep 2025. read from filing text
Martin Mathew & Co. Limited’s revenue fell 9% to £57.7m in the year to 30 Sep 2025, with £3.1m profit and 44 employees. The company is classified under “wholesale of other food, including fish, crustaceans and molluscs” and is based in Hertford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hertford, East of England
- Age
- 53 yrs · since 1973
- 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 | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £43.2m | £58.4m | £63.6m | £57.7m |
| Cost of sales | £34.8m | £47.8m | £54.5m | £48.2m |
| Gross profit | £8.4m | £10.6m | £9.1m | £9.4m |
| Operating profit | £3.9m | £4.5m | £3.1m | £4.1m |
| Profit before tax | £3.8m | £4.5m | £3.1m | £4.2m |
| Profit after tax | £3m | £3.5m | £2.3m | £3.1m |
| Profit (best available) | £3m | £3.5m | £2.3m | £3.1m |
| Employees (average) | 41 | 41 | 43 | 44 |
| Ratios | ||||
| Profit margin | 7% | 5.9% | 3.6% | 5.3% |
| Gross margin | 19.5% | 18.1% | 14.3% | 16.4% |
| Revenue per employee | £1.1m | £1.4m | £1.5m | £1.3m |
| Profit per employee | £74.1k | £84.2k | £53k | £69.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲35.1% | ▲8.9% | ▼9.3% |
| Profit growth | — | ▲13.6% | ▼34% | ▲34.9% |
| Headcount growth | — | 0% | ▲4.9% | ▲2.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.2m | £3.1m | £5.4m | £5.3m |
| Net assets | £13.8m | £16.6m | £19m | £22.4m |
| Fixed assets | £5.9m | £6m | £7.8m | £9.4m |
| Current assets | £16.1m | £22.2m | £22.8m | £22.3m |
| Debtors | £7.8m | £10.5m | £10.2m | £9.3m |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 5.3%
- Profit ÷ revenue.
- Gross margin
- 16.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.3m
- Revenue ÷ average employees.
- Profit per employee
- £69.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16%
- 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
- ▲18%
- Now £22.4m
- Cash at bank
- ▼2%
- Now £5.3m
- Headcount
- ▲2%
- Now 44
- Deferred income
- —
- Now —
- Fixed assets
- ▲21%
- Now £9.4m
Group structure
Subsidiaries (1)
- East Coast Storage (Handling) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £3.1m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 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.