Morfeys Removals Limited
Registered name: MORFEYS REMOVALS LIMITED
Morfeys Removals Limited made £839k revenue and £131k profit in the year to 30 Apr 2025.
Morfeys Removals Limited’s revenue fell 5% to £839k in the year to 30 Apr 2025, with £131k profit and 12 employees. The company is classified under “freight transport by road” and is based in Battle; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Battle, South East
- Age
- 19 yrs · since 2007
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No profit & loss | No profit & loss | Profit & loss | Profit & loss |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £885k | £839k |
| Cost of sales | — | — | £576k | £555k |
| Gross profit | — | — | £309k | £284k |
| Operating profit | — | — | £148k | £140k |
| Profit before tax | — | — | £157k | £176k |
| Profit after tax | — | — | £97.8k | £131k |
| Profit (best available) | — | — | £97.8k | £131k |
| Employees (average) | 13 | 13 | 13 | 12 |
| Ratios | ||||
| Profit margin | — | — | 11.1% | 15.6% |
| Gross margin | — | — | 34.9% | 33.9% |
| Revenue per employee | — | — | £68.1k | £69.9k |
| Profit per employee | — | — | £7.5k | £10.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼5.1% |
| Profit growth | — | — | — | ▲33.6% |
| Headcount growth | — | 0% | 0% | ▼7.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £580k | £515k | £392k | £323k |
| Net assets | £658k | £793k | £779k | £881k |
| Fixed assets | £196k | £339k | £287k | £216k |
| Current assets | £656k | £605k | £634k | £803k |
| Debtors | £35.7k | £24.3k | £15.5k | £19.4k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | Accounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 15.6%
- Profit ÷ revenue.
- Gross margin
- 33.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £69.9k
- Revenue ÷ average employees.
- Profit per employee
- £10.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 25.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.3%
- 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
- ▲13%
- Now £881k
- Cash at bank
- ▼18%
- Now £323k
- Headcount
- ▼8%
- Now 12
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £216k
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £131k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.