How much does M&S on-Time Services Ltd make?

M&S on-Time Services Ltd reported revenue of £28.7m and £208k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does M&S on-Time Services Ltd have?

M&S on-Time Services Ltd reported an average of 711 employees in the year to 31 Mar 2025.

Is M&S on-Time Services Ltd profitable?

Yes — M&S on-Time Services Ltd reported a profit of £208k in the year to 31 Mar 2025.

Company No. 08982232 · Incorporated 7 Apr 2014

M&S on-Time Services Ltd

Registered name: M&S ON-TIME SERVICES LTD

M&S on-Time Services Ltd made £28.7m revenue and £208k profit in the year to 31 Mar 2025. read from filing text

M&S on-Time Services Ltd’s revenue fell 16% to £28.7m in the year to 31 Mar 2025, with £208k profit and 711 employees. The company is classified under “bookkeeping activities” and is based in Brentwood; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69202Bookkeeping activities SIC 78109Other activities of employment placement agencies

Status: Active
Location: Brentwood, East of England
Age: 12 yrs · since 2014
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 ultimate controlling party is Mr and Mrs Mathitharan.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightCash flow filed

Revenue

£28.7m

Growth ▼15.6%

Profit

£208k

Growth ▲0%

Profit margin

0.7%

Gross 1.5%

Employees

711

Change ▼10.6%

Profit / employee

£293

Revenue/employee £40.3k

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 to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£33.9m	£37.5m	£34m	£28.7m
Cost of sales	£33.3m	£36.9m	£33.5m	£28.2m
Gross profit	£620k	£601k	£442k	£438k
Operating profit	—	—	£259k	£241k
Profit before tax	£458k	£440k	£277k	£276k
Profit after tax	£371k	£356k	£208k	£208k
Profit (best available)	£371k	£356k	£208k	£208k
Staff costs	£32.5m	£36.2m	£32.9m	£27.8m
Employees (average)	1,036	931	795	711
Ratios
Profit margin	1.1%	0.9%	0.6%	0.7%
Gross margin	1.8%	1.6%	1.3%	1.5%
Revenue per employee	£32.8k	£40.2k	£42.7k	£40.3k
Profit per employee	£358	£382	£262	£293
Cash conversion	—	—	−312.6%	405.3%
Growth (year on year)
Revenue growth	—	▲10.4%	▼9.3%	▼15.6%
Profit growth	—	▼4%	▼41.5%	▲0%
Headcount growth	—	▼10.1%	▼14.6%	▼10.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£1.8m	£2.3m	£1.1m
Net assets	£650k	£806k	£740k	£728k
Fixed assets	£507	£338	£1.9k	£6.1k
Current assets	£2.4m	£2m	£3.4m	£2.4m
Debtors	£83.7k	£82.1k	£212k	£192k
Deferred income	£73k	£49.8k	£54.1k	£35.1k
Cash from operations	−£711k	£16.2k	−£810k	£978k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0.7%; Profit ÷ revenue.
Gross margin: 1.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £40.3k; Revenue ÷ average employees.
Profit per employee: £293; Profit ÷ average employees.
Cash conversion: 405.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.7%; 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: ▼2%; Now £728k
Cash at bank: ▼53%; Now £1.1m
Headcount: ▼11%; Now 711
Deferred income: ▼35%; Now £35.1k
Fixed assets: ▲215%; Now £6.1k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal 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 £208k), 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.