How much does Middlesex Limited make?

Middlesex Limited reported revenue of £32.7m and £1.4m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Middlesex Limited have?

Middlesex Limited reported an average of 11 employees in the year to 31 Mar 2025.

Is Middlesex Limited profitable?

Yes — Middlesex Limited reported a profit of £1.4m in the year to 31 Mar 2025.

Company No. 05395854 · Incorporated 17 Mar 2005

Middlesex Limited

Registered name: MIDDLESEX LIMITED

Part of Middlesex Holding Limited group

Middlesex Limited made £32.7m revenue and £1.4m profit in the year to 31 Mar 2025.

Middlesex Limited’s revenue grew 3% to £32.7m in the year to 31 Mar 2025, with £1.4m profit and 11 employees. The company is classified under “plastering” and is based in Bourne End; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43310Plastering

Status: Active
Location: Bourne End, South East
Age: 21 yrs · since 2005
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.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightOperating leverageCash flow filed

Revenue

£32.7m

Growth ▲2.8%

Profit

£1.4m

Growth ▲19.8%

Profit margin

4.3%

Gross 17.6%

Employees

Change ▲10%

Profit / employee

£127k

Revenue/employee £3m

Profitable streak

2yrs

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 to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£31.9m	£32.7m
Cost of sales	—	—	£28.2m	£27m
Gross profit	—	—	£3.6m	£5.8m
Operating profit	—	—	£1.6m	£1.7m
Profit before tax	—	—	£1.6m	£1.7m
Profit after tax	—	—	£1.2m	£1.4m
Profit (best available)	—	—	£1.2m	£1.4m
Staff costs	—	—	£459k	£475k
Employees (average)	9	10	10	11
Ratios
Profit margin	—	—	3.7%	4.3%
Gross margin	—	—	11.3%	17.6%
Revenue per employee	—	—	£3.2m	£3m
Profit per employee	—	—	£117k	£127k
Cash conversion	—	—	−51.2%	−188.1%
Growth (year on year)
Revenue growth	—	—	—	▲2.8%
Profit growth	—	—	—	▲19.8%
Headcount growth	—	▲11.1%	0%	▲10%
Balance sheet — indirect signals, not revenue
Cash at bank	£806k	£617k	£785k	£3.4m
Net assets	£4.1m	£4.9m	£5.7m	£6.9m
Fixed assets	£169k	£168k	£167k	£145k
Current assets	£7.7m	£8.6m	£9.8m	£10.8m
Debtors	£6.9m	£7.9m	£5.3m	£6m
Cash from operations	—	—	−£816k	−£3.3m
Source	AbridgedAccounts · bulk data Dec 2023	AbridgedAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 4.3%; Profit ÷ revenue.
Gross margin: 17.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £3m; Revenue ÷ average employees.
Profit per employee: £127k; Profit ÷ average employees.
Cash conversion: −188.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.4%; 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: ▲20%; Now £6.9m
Cash at bank: ▲327%; Now £3.4m
Headcount: ▲10%; Now 11
Deferred income: —; Now —
Fixed assets: ▼13%; Now £145k

Corporate ownership

Group structure

Ownership chain

Middlesex Holding Limitedultimate parent75–100%
Middlesex Limitedthis company

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

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 31 Mar 2025 (profit £1.4m), 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.