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Company No. 05031424 · Incorporated 2 Feb 2004

Meirion Davies & Co. Limited

Registered name: MEIRION DAVIES & CO. LIMITED

Meirion Davies & Co. Limited made £14.8m revenue and £1.2m profit in the year to 31 Mar 2025.

Meirion Davies & Co. Limited’s revenue grew 10% to £14.8m in the year to 31 Mar 2025, with £1.2m profit and 23 employees. The company is classified under “other retail sale in non-specialised stores” and is based in Denbigh; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47190Other retail sale in non-specialised stores
Status
Active
Location
Denbigh, Wales
Age
22 yrs · since 2004
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentCash flow filed
Revenue
£14.8m
Growth ▲9.7%
Profit
£1.2m
Growth ▲3.7%
Profit margin
7.9%
Gross 17.8%
Employees
23
Change ▲9.5%
Profit / employee
£50.9k
Revenue/employee £645k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£11.9m£14.2m£13.5m£14.8m
Cost of sales£10.4m£10.8m£11.2m£12.2m
Gross profit£1.5m£3.4m£2.3m£2.6m
Operating profit£873k£2.4m£1.5m£1.6m
Profit before tax£867k£2.4m£1.5m£1.6m
Profit after tax£701k£1.9m£1.1m£1.2m
Profit (best available)£701k£1.9m£1.1m£1.2m
Staff costs£437k£499k£573k£631k
Employees (average)19202123
Ratios
Profit margin5.9%13.6%8.3%7.9%
Gross margin12.7%24.1%17.2%17.8%
Revenue per employee£627k£712k£644k£645k
Profit per employee£36.9k£96.6k£53.8k£50.9k
Cash conversion−47.3%−93%−58.7%−100%
Growth (year on year)
Revenue growth—▲19.6%▼5%▲9.7%
Profit growth—▲175.3%▼41.5%▲3.7%
Headcount growth—▲5.3%▲5%▲9.5%
Balance sheet — indirect signals, not revenue
Cash at bank£475k£1m£916k£887k
Net assets£5.4m£7.1m£8m£9m
Fixed assets£1.8m£3m£2.9m£4.1m
Current assets£5.9m£6.3m£6.8m£8m
Debtors£2.9m£2.4m£2.6m£3.2m
Deferred income£823£9.1k£9.1k—
Cash from operations−£413k−£2.2m−£875k−£1.6m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
7.9%
Profit ÷ revenue.
Gross margin
17.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£645k
Revenue ÷ average employees.
Profit per employee
£50.9k
Profit ÷ average employees.
Cash conversion
−100%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
27.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
21.8%
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
▲13%
Now £9m
Cash at bank
▼3%
Now £887k
Headcount
▲10%
Now 23
Deferred income
—
Now —
Fixed assets
▲41%
Now £4.1m
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.2m), from the Companies House accounts bulk data published Dec 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.