How much does Miller & Miller (Chemicals) Limited make?

Miller & Miller (Chemicals) Limited reported revenue of £13.8m and £2.4m profit in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does Miller & Miller (Chemicals) Limited have?

Miller & Miller (Chemicals) Limited reported an average of 14 employees in the year to 31 Jan 2025.

Is Miller & Miller (Chemicals) Limited profitable?

Yes — Miller & Miller (Chemicals) Limited reported a profit of £2.4m in the year to 31 Jan 2025.

Company No. 01337266 · Incorporated 4 Nov 1977

Miller & Miller (Chemicals) Limited

Registered name: MILLER & MILLER (CHEMICALS) LIMITED

Miller & Miller (Chemicals) Limited made £13.8m revenue and £2.4m profit in the year to 31 Jan 2025.

Miller & Miller (Chemicals) Limited’s revenue fell 2% to £13.8m in the year to 31 Jan 2025, with £2.4m profit and 14 employees. The company is classified under “wholesale of pharmaceutical goods” and is based in Woodford Green; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46460Wholesale of pharmaceutical goods

Status: Active
Location: Woodford Green, London
Age: 48 yrs · since 1977
Type: Private Limited Company

Latest accounts · year to 31 Jan 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£13.8m

Growth ▼1.9%

Profit

£2.4m

Growth ▼5.5%

Profit margin

17%

Gross 21.7%

Employees

Change 0%

Profit / employee

£168k

Revenue/employee £988k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2023	31 Jan 2024	31 Jan 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11.6m	£14.1m	£13.8m
Cost of sales	£9.5m	£10.6m	£10.8m
Gross profit	£2.1m	£3.5m	£3m
Operating profit	£1.9m	£3.1m	£2.9m
Profit before tax	£1.9m	£3.3m	£3.2m
Profit after tax	£1.6m	£2.5m	£2.4m
Profit (best available)	£1.6m	£2.5m	£2.4m
Staff costs	£806k	£833k	£881k
Employees (average)	14	14	14
Ratios
Profit margin	13.4%	17.6%	17%
Gross margin	18.4%	24.6%	21.7%
Revenue per employee	£828k	£1m	£988k
Profit per employee	£111k	£178k	£168k
Cash conversion	−96.9%	−100.2%	−98.5%
Growth (year on year)
Revenue growth	—	▲21.7%	▼1.9%
Profit growth	—	▲59.7%	▼5.5%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£13.7m	£16.4m	£18.5m
Net assets	£16.8m	£19.1m	£21.4m
Fixed assets	£1.2m	£1.2m	£1.2m
Current assets	£17.4m	£19.8m	£22.1m
Debtors	£2.1m	£2m	£2.3m
Deferred income	£195k	£20k	£26.8k
Cash from operations	−£1.8m	−£3.1m	−£2.9m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 17%; Profit ÷ revenue.
Gross margin: 21.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £988k; Revenue ÷ average employees.
Profit per employee: £168k; Profit ÷ average employees.
Cash conversion: −98.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.8%; 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: ▲12%; Now £21.4m
Cash at bank: ▲13%; Now £18.5m
Headcount: 0%; Now 14
Deferred income: ▲34%; Now £26.8k
Fixed assets: ▲1%; Now £1.2m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £2.4m), from the Companies House accounts bulk data published Nov 2025. 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.