Mines Rescue Service Limited
Registered name: MINES RESCUE SERVICE LIMITED
Mines Rescue Service Limited made £18.7m revenue and £974k profit in the year to 31 Mar 2025. read from filing text
Mines Rescue Service Limited’s revenue grew 10% to £18.7m in the year to 31 Mar 2025, with £974k profit and 197 employees. The company is classified under “support activities for other mining and quarrying” and is based in Mansfield; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Mansfield, East Midlands
- Age
- 30 yrs · since 1996
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £16m | £16.9m | £18.7m |
| Cost of sales | £7.6m | £7.7m | £9.5m |
| Gross profit | £8.4m | £9.2m | £9.2m |
| Operating profit | £1.1m | £1.7m | £1.4m |
| Profit before tax | £1.1m | £1.7m | £1.4m |
| Profit after tax | £862k | £1.2m | £974k |
| Profit (best available) | £862k | £1.2m | £974k |
| Staff costs | £9.6m | £10m | £11.7m |
| Employees (average) | 178 | 187 | 197 |
| Ratios | |||
| Profit margin | 5.4% | 7.2% | 5.2% |
| Gross margin | 52.8% | 54.2% | 49.1% |
| Revenue per employee | £89.8k | £90.4k | £94.8k |
| Profit per employee | £4.8k | £6.5k | £4.9k |
| Cash conversion | 18.1% | 125% | 47.2% |
| Growth (year on year) | |||
| Revenue growth | — | ▲5.7% | ▲10.4% |
| Profit growth | — | ▲41.9% | ▼20.4% |
| Headcount growth | — | ▲5.1% | ▲5.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.8m | £3m | £2.8m |
| Net assets | £5.7m | £6.3m | £7.7m |
| Fixed assets | £3.8m | £4.2m | — |
| Debtors | £3.2m | £2.7m | £3.2m |
| Deferred income | £434k | £986k | £1.2m |
| Cash from operations | £198k | £2.1m | £643k |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 5.2%
- Profit ÷ revenue.
- Gross margin
- 49.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £94.8k
- Revenue ÷ average employees.
- Profit per employee
- £4.9k
- Profit ÷ average employees.
- Cash conversion
- 47.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.1%
- 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
- ▲22%
- Now £7.7m
- Cash at bank
- ▼8%
- Now £2.8m
- Headcount
- ▲5%
- Now 197
- Deferred income
- ▲25%
- Now £1.2m
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £974k), 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.