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Company No. 03459289 · Incorporated 28 Oct 1997

Mutual Mills Limited

Registered name: MUTUAL MILLS LIMITED

Part of Robert Parkes (Holdings) Limited group

Mutual Mills Limited made £145k profit in the year to 31 Dec 2023 (revenue not disclosed).

Mutual Mills Limited reported £145k profit in the year to 31 Dec 2023, up 266% on the year before; its revenue was not disclosed. It had 8 employees. The company is classified under “preparation and spinning of textile fibres” and is based in Walsall; we hold 2 years of its filed accounts.

Profit onlySection C · ManufacturingSIC 13100Preparation and spinning of textile fibresSIC 52103Operation of warehousing and storage facilities for land transport activities
Status
Active
Location
Walsall, West Midlands
Age
28 yrs · since 1997
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: “Mutual Mills is a 100% subsidiary of Robert Parkes (Holdings) Limited, a company registered in”

Latest accounts · year to 31 Dec 2023

Key figures

Small team
Revenue
—
Not disclosed in filing
Profit
£145k
Growth ▲266.2%
Profit margin
—
 
Employees
8
Change ▲14.3%
Profit / employee
£18.1k
 
Profitable streak
2yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureProfit onlyProfit only
Profit & loss
Revenue (turnover)——
Profit after tax£39.5k£145k
Profit (best available)£39.5k£145k
Employees (average)78
Ratios
Profit margin——
Profit per employee£5.6k£18.1k
Growth (year on year)
Profit growth—▲266.2%
Headcount growth—▲14.3%
Balance sheet — indirect signals, not revenue
Cash at bank£90.5k£103k
Net assets£2.3m£2.4m
Fixed assets£1.6m£1.6m
Current assets£1.2m£1.3m
Debtors£133k£122k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£18.1k
Profit ÷ average employees.
Cash conversion
—
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
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
▲6%
Now £2.4m
Cash at bank
▲14%
Now £103k
Headcount
▲14%
Now 8
Deferred income
—
Now —
Fixed assets
▼2%
Now £1.6m
Corporate ownership

Group structure

Ownership chain

  1. Robert Parkes (Holdings) Limitedultimate parent75–100%
  2. Mutual Mills Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (5)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £145k), from the Companies House accounts bulk data published Sep 2024. 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.