Midland Paper Products Limited
Registered name: MIDLAND PAPER PRODUCTS LIMITED
Part of Northwood Hygiene Products Limited groupMidland Paper Products Limited made £11.4m revenue and £792k profit in the year to 31 Dec 2025. read from filing text
Midland Paper Products Limited’s revenue fell 7% to £11.4m in the year to 31 Dec 2025, with £792k profit and 42 employees. The company is classified under “manufacture of household and sanitary goods and of toilet requisites” and is based in Bromsgrove; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bromsgrove, West Midlands
- Age
- 22 yrs · since 2003
- 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 parent company is Connect Hygiene Products Limited, with the ultimate controlling party being”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £13.9m | £12.3m | £11.4m |
| Cost of sales | — | £9.9m | £8.6m | £8.3m |
| Gross profit | — | £4m | £3.6m | £3.1m |
| Operating profit | — | £1.9m | £1.4m | £816k |
| Profit before tax | £1.2m | £1.8m | £1.3m | £791k |
| Profit after tax | £1.2m | £1.6m | £1.2m | £792k |
| Profit (best available) | £1.2m | £1.6m | £1.2m | £792k |
| Staff costs | £993k | £1.1m | £1.3m | £1.3m |
| Employees (average) | 38 | 39 | 44 | 42 |
| Ratios | ||||
| Profit margin | — | 11.8% | 10% | 7% |
| Gross margin | — | 28.6% | 29.6% | 27% |
| Revenue per employee | — | £355k | £279k | £271k |
| Profit per employee | £31.1k | £41.9k | £27.9k | £18.9k |
| Cash conversion | — | −48.1% | −24.8% | −98.4% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼11.4% | ▼7.2% |
| Profit growth | — | ▲38.6% | ▼24.9% | ▼35.5% |
| Headcount growth | — | ▲2.6% | ▲12.8% | ▼4.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £67.3k | £127k | £203k | £99.4k |
| Net assets | £4.5m | £6.2m | £7.4m | £8.2m |
| Fixed assets | £285k | £277k | £342k | £300k |
| Current assets | £8.3m | £8.6m | £9.6m | £9.4m |
| Debtors | £2.1m | £2.1m | £1.7m | £1.4m |
| Deferred income | £225k | £257k | £153k | £110k |
| Cash from operations | £37.4k | −£925k | −£341k | −£803k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 7%
- Profit ÷ revenue.
- Gross margin
- 27%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £271k
- Revenue ÷ average employees.
- Profit per employee
- £18.9k
- Profit ÷ average employees.
- Cash conversion
- −98.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.1%
- 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
- ▲11%
- Now £8.2m
- Cash at bank
- ▼51%
- Now £99.4k
- Headcount
- ▼5%
- Now 42
- Deferred income
- ▼28%
- Now £110k
- Fixed assets
- ▼12%
- Now £300k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Northwood Hygiene Products Limitedultimate parent75–100%
- Midland Paper Products Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Connect Hygiene Products LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Northwood Tissue (Lancaster) LimitedLancaster · Manufacture of household and sanitary goods and of toilet requisites
- Revenue
- £13.3m
- Profit
- £243k
- Staff
- 80
- Wallgate LimitedNR Salisbury · Manufacture of household and sanitary goods and of toilet requisites
- Revenue
- £14.7m
- Profit
- £2.9m
- Staff
- 78
- Natsons Midland Packaging LimitedErith · Manufacture of household and sanitary goods and of toilet requisites
- Revenue
- £16.9m
- Profit
- £1.2m
- Staff
- 36
- Allied Hygiene Systems LimitedErith · Manufacture of household and sanitary goods and of toilet requisites
- Revenue
- £18.5m
- Profit
- £69.9k
- Staff
- 64
- Northwood Tissue (Chesterfield) LimitedChesterfield · Manufacture of household and sanitary goods and of toilet requisites
- Revenue
- £25.4m
- Profit
- £1.5m
- Staff
- 58
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £792k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.