Midland Fixings Ltd
Registered name: MIDLAND FIXINGS LTD
Part of MF Group Holdings Ltd groupMidland Fixings Ltd made £32.2m revenue and £3.9m profit in the year to 31 Dec 2025. read from filing text
Midland Fixings Ltd’s revenue grew 15% to £32.2m in the year to 31 Dec 2025, with £3.9m profit and 98 employees. The company is classified under “wholesale of wood, construction materials and sanitary equipment” and is based in Nottingham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Nottingham, East Midlands
- Age
- 11 yrs · since 2015
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 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) | £22.3m | £24.6m | £28.1m | £32.2m |
| Cost of sales | £13.4m | £14.5m | £16.5m | £18.2m |
| Gross profit | £8.9m | £10.1m | £11.6m | £14m |
| Operating profit | £4m | £4.7m | £5.3m | £5.8m |
| Profit before tax | £4m | £4.8m | £5.3m | £5.6m |
| Profit after tax | £3.3m | £3.6m | £4m | £3.9m |
| Profit (best available) | £3.3m | £3.6m | £4m | £3.9m |
| Staff costs | £3.8m | £4.2m | £4.9m | £5.6m |
| Employees (average) | 76 | 82 | 93 | 98 |
| Ratios | ||||
| Profit margin | 14.6% | 14.8% | 14.2% | 12.3% |
| Gross margin | 39.9% | 41% | 41.3% | 43.6% |
| Revenue per employee | £293k | £299k | £302k | £328k |
| Profit per employee | £42.8k | £44.4k | £42.7k | £40.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲10.3% | ▲14.3% | ▲14.6% |
| Profit growth | — | ▲12.1% | ▲9.1% | ▼0.8% |
| Headcount growth | — | ▲7.9% | ▲13.4% | ▲5.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.2m | £2.1m | £4.4m | £3.7m |
| Net assets | £4.6m | £5.5m | £6.7m | £8.6m |
| Fixed assets | £398k | £387k | £697k | £7m |
| Current assets | £7.9m | £10.7m | £12.6m | £13.3m |
| Debtors | £3.6m | £3.7m | £4.5m | £5m |
| Deferred income | £580k | £599k | £994k | £1.2m |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 12.3%
- Profit ÷ revenue.
- Gross margin
- 43.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £328k
- Revenue ÷ average employees.
- Profit per employee
- £40.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 21.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.5%
- 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
- ▲29%
- Now £8.6m
- Cash at bank
- ▼15%
- Now £3.7m
- Headcount
- ▲5%
- Now 98
- Deferred income
- ▲17%
- Now £1.2m
- Fixed assets
- ▲899%
- Now £7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- MF Group Holdings Ltdultimate parent75–100%
- Midland Fixings Group Ltd75–100%
- Midland Fixings Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Midfix (London) LtdFigures not disclosed
- Midfix LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3.9m), from the Companies House accounts bulk data published Jul 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.