How much does M & L Richardson & Sons Limited make?

M & L Richardson & Sons Limited reported revenue of £44.5m and £1.7m profit in the year to 30 Apr 2024, according to its accounts filed at Companies House.

How many employees does M & L Richardson & Sons Limited have?

M & L Richardson & Sons Limited reported an average of 113 employees in the year to 30 Apr 2024.

Is M & L Richardson & Sons Limited profitable?

Yes — M & L Richardson & Sons Limited reported a profit of £1.7m in the year to 30 Apr 2024.

Company No. 04681129 · Incorporated 27 Feb 2003

M & L Richardson & Sons Limited

Registered name: M & L RICHARDSON & SONS LIMITED

M & L Richardson & Sons Limited made £44.5m revenue and £1.7m profit in the year to 30 Apr 2024.

M & L Richardson & Sons Limited’s revenue grew 6% to £44.5m in the year to 30 Apr 2024, with £1.7m profit and 113 employees. The company is classified under “retail sale of automotive fuel in specialised stores” and is based in Brampton; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47300Retail sale of automotive fuel in specialised stores

Status: Active
Location: Brampton, North West
Age: 23 yrs · since 2003
Type: Private Limited Company

Latest accounts · year to 30 Apr 2024

Key figures

IndependentOperating leverageCash flow filed

Revenue

£44.5m

Growth ▲6.1%

Profit

£1.7m

Growth ▲16.6%

Profit margin

3.7%

Gross 10%

Employees

113

Change ▲2.7%

Profit / employee

£14.7k

Revenue/employee £394k

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	30 Apr 2022	30 Apr 2023	30 Apr 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£34.4m	£42m	£44.5m
Cost of sales	£31.6m	£38.3m	£40.1m
Gross profit	£2.7m	£3.7m	£4.4m
Operating profit	£1.4m	£2m	£2.6m
Profit before tax	£1.3m	£1.9m	£2.3m
Profit after tax	£888k	£1.4m	£1.7m
Profit (best available)	£888k	£1.4m	£1.7m
Staff costs	£1.7m	£1.8m	£2.2m
Employees (average)	107	110	113
Ratios
Profit margin	2.6%	3.4%	3.7%
Gross margin	7.9%	8.7%	10%
Revenue per employee	£321k	£382k	£394k
Profit per employee	£8.3k	£13k	£14.7k
Cash conversion	59.6%	108.9%	106.2%
Growth (year on year)
Revenue growth	—	▲22.1%	▲6.1%
Profit growth	—	▲61%	▲16.6%
Headcount growth	—	▲2.8%	▲2.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£1.9m	£3.8m
Net assets	£4m	£5.4m	£7.1m
Fixed assets	£6.4m	£8.7m	£8.6m
Current assets	£3.7m	£4.4m	£5.9m
Debtors	£338k	£433k	£322k
Deferred income	£276k	£307k	£292k
Cash from operations	£811k	£2.2m	£2.7m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: 3.7%; Profit ÷ revenue.
Gross margin: 10%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £394k; Revenue ÷ average employees.
Profit per employee: £14.7k; Profit ÷ average employees.
Cash conversion: 106.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 19.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.7%; 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: ▲31%; Now £7.1m
Cash at bank: ▲94%; Now £3.8m
Headcount: ▲3%; Now 113
Deferred income: ▼5%; Now £292k
Fixed assets: ▼1%; Now £8.6m

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

Corporate ownership

Group structure

Subsidiaries (1)

Seaton Service Station LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2024 (profit £1.7m), from the Companies House accounts bulk data published Oct 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.