MPH Merchant Limited
Registered name: MPH MERCHANT LIMITED
MPH Merchant Limited made £15.3m revenue and £82.6k profit in the year to 31 Aug 2025.
MPH Merchant Limited’s revenue grew 7% to £15.3m in the year to 31 Aug 2025, with £82.6k profit and 52 employees. The company is classified under “wholesale of hardware, plumbing and heating equipment and supplies” and is based in Bristol; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 18 yrs · since 2008
- 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 | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £14.2m | £15.3m |
| Cost of sales | — | — | £11.1m | £11.7m |
| Gross profit | — | — | £3.1m | £3.6m |
| Operating profit | — | — | −£151k | £31.2k |
| Profit before tax | — | — | −£199k | −£27.7k |
| Profit after tax | — | — | £577k | £82.6k |
| Profit (best available) | — | — | £577k | £82.6k |
| Staff costs | — | — | £1.2m | £1.4m |
| Employees (average) | 23 | 29 | 31 | 52 |
| Ratios | ||||
| Profit margin | — | — | 4.1% | 0.5% |
| Gross margin | — | — | 21.9% | 23.6% |
| Revenue per employee | — | — | £459k | £294k |
| Profit per employee | — | — | £18.6k | £1.6k |
| Cash conversion | — | — | — | 496.6% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲7.3% |
| Profit growth | — | — | — | ▼85.7% |
| Headcount growth | — | ▲26.1% | ▲6.9% | ▲67.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £119k | £104k | £181k | — |
| Net assets | −£704k | −£534k | £38.8k | £106k |
| Fixed assets | £177k | £146k | £267k | £234k |
| Current assets | £2.1m | £2.1m | £2.7m | £2.9m |
| Debtors | £711k | £757k | £984k | £981k |
| Cash from operations | — | — | −£125k | £155k |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | FilletedAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 0.5%
- Profit ÷ revenue.
- Gross margin
- 23.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £294k
- Revenue ÷ average employees.
- Profit per employee
- £1.6k
- Profit ÷ average employees.
- Cash conversion
- 496.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.4%
- 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
- ▲174%
- Now £106k
- Cash at bank
- —
- Now —
- Headcount
- ▲68%
- Now 52
- Deferred income
- —
- Now —
- Fixed assets
- ▼12%
- Now £234k
Group structure
Subsidiaries (11)
- MPH Merchant (Home Counties) LimitedFigures not disclosed
- MPH Merchant (London) LimitedFigures not disclosed
- MPH Merchant (North East) LimitedFigures not disclosed
- MPH Merchant (North West) LimitedFigures not disclosed
- MPH Merchant (South Coast) LimitedFigures not disclosed
- MPH Merchant (South East) LimitedFigures not disclosed
- MPH Merchant (South West) LimitedFigures not disclosed
- MPH Merchant (Southern) LimitedFigures not disclosed
- MPH Merchant (Wessex) LimitedFigures not disclosed
- MPH Merchant (West Midlands) LimitedFigures not disclosed
- UK Plumbing LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Quest 4 LimitedYork · Wholesale of hardware, plumbing and heating equipment and supplies
- Revenue
- £15.1m
- Profit
- £587k
- Staff
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- The Panelcompany LimitedRotherham · Wholesale of hardware, plumbing and heating equipment and supplies
- Revenue
- £14.8m
- Profit
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- Staff
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- M B Distribution (Cleveland) LimitedMiddlesbrough · Wholesale of hardware, plumbing and heating equipment and supplies
- Revenue
- £15.8m
- Profit
- £403k
- Staff
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- Alliance Sanitary Products LimitedEast Kilbride · Wholesale of hardware, plumbing and heating equipment and supplies
- Revenue
- £14.7m
- Profit
- £2.3m
- Staff
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- Plumbco (Midlands) LimitedWellingborough · Wholesale of hardware, plumbing and heating equipment and supplies
- Revenue
- £14.7m
- Profit
- £514k
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- Anchor Pumps Company LimitedWarrington · Wholesale of hardware, plumbing and heating equipment and supplies
- Revenue
- £15.9m
- Profit
- £967k
- Staff
- 28
Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £82.6k), from the Companies House accounts bulk data published Feb 2026. 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.