Mapei (UK) Limited
Registered name: MAPEI (UK) LIMITED
Mapei (UK) Limited made £124m revenue and £3m profit in the year to 31 Dec 2025. read from filing text
Mapei (UK) Limited’s revenue grew 15% to £124m in the year to 31 Dec 2025, with £3m profit and 423 employees. The company is classified under “manufacture of other chemical products” and is based in Halesowen; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Halesowen, West Midlands
- Age
- 37 yrs · since 1989
- 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 immediate parent undertaking is Mapei S.p.A. and ultimate parent undertaking is Emme Esse VI S.R.L., both companies incorporated in Italy.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £103m | £108m | £124m |
| Cost of sales | £65.2m | £64.4m | £73.6m |
| Gross profit | £37.4m | £43.5m | £50.7m |
| Operating profit | £8.3m | £9.2m | £5.2m |
| Profit before tax | £8.6m | £9.5m | £4.9m |
| Profit after tax | £6.5m | £7m | £3m |
| Profit (best available) | £6.5m | £7m | £3m |
| Employees (average) | 327 | 365 | 423 |
| Ratios | |||
| Profit margin | 6.3% | 6.5% | 2.4% |
| Gross margin | 36.4% | 40.3% | 40.8% |
| Revenue per employee | £314k | £296k | £294k |
| Profit per employee | £19.8k | £19.2k | £7.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲5.2% | ▲15.3% |
| Profit growth | — | ▲8.2% | ▼57.4% |
| Headcount growth | — | ▲11.6% | ▲15.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.7m | £7m | £6.8m |
| Net assets | £31.1m | £38.1m | £41.1m |
| Fixed assets | £8.8m | £33m | £28.9m |
| Current assets | £43.4m | £39.9m | £46.9m |
| Debtors | £20.6m | £20.3m | £24.2m |
| Deferred income | £7.2m | £5.9m | — |
| Source | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 2.4%
- Profit ÷ revenue.
- Gross margin
- 40.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £294k
- Revenue ÷ average employees.
- Profit per employee
- £7.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 23.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.5%
- 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
- ▲8%
- Now £41.1m
- Cash at bank
- ▼2%
- Now £6.8m
- Headcount
- ▲16%
- Now 423
- Deferred income
- —
- Now —
- Fixed assets
- ▼12%
- Now £28.9m
Group structure
Subsidiaries (2)
- Lectros International LimitedLiquidationFigures not disclosed
- Wykamol Group LimitedLiquidationFigures 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 31 Dec 2025 (profit £3m), from the Companies House accounts bulk data published Jul 2026. 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.