How much does S P Mills Ltd make?

S P Mills Ltd reported revenue of £1m and £374k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does S P Mills Ltd have?

S P Mills Ltd reported an average of 1 employee in the year to 31 May 2025.

Is S P Mills Ltd profitable?

Yes — S P Mills Ltd reported a profit of £374k in the year to 31 May 2025.

Company No. 10219862 · Incorporated 8 Jun 2016

S P Mills Ltd

Registered name: S P MILLS LTD

S P Mills Ltd made £1m revenue and £374k profit in the year to 31 May 2025.

S P Mills Ltd’s revenue fell 5% to £1m in the year to 31 May 2025, with £374k profit and 1 employee. The company is classified under “construction of roads and motorways” and is based in Chatham; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42110Construction of roads and motorways

Status: Active
Location: Chatham, South East
Age: 10 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 31 May 2025

Key figures

IndependentSmall team

Revenue

£1m

Growth ▼4.9%

Profit

£374k

Growth ▲4.1%

Profit margin

36.7%

Gross 57.8%

Employees

Change 0%

Profit / employee

£374k

Revenue/employee £1m

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 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£426k	£903k	£1.1m	£1m
Cost of sales	£214k	£447k	£492k	£430k
Gross profit	£212k	£456k	£581k	£590k
Operating profit	£207k	£445k	£477k	£499k
Profit before tax	£207k	£445k	£477k	£499k
Profit after tax	£167k	£356k	£359k	£374k
Profit (best available)	£167k	£356k	£359k	£374k
Employees (average)	—	1	1	1
Ratios
Profit margin	39.3%	39.4%	33.5%	36.7%
Gross margin	49.7%	50.5%	54.1%	57.8%
Revenue per employee	—	£903k	£1.1m	£1m
Profit per employee	—	£356k	£359k	£374k
Growth (year on year)
Revenue growth	—	▲112%	▲18.8%	▼4.9%
Profit growth	—	▲112.7%	▲1%	▲4.1%
Headcount growth	—	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£221k	£452k	£750k	£931k
Net assets	£266k	£539k	£828k	£1m
Current assets	£308k	£635k	£967k	£1.1m
Debtors	£1.8k	£3.1k	£2.7k	£1.5k
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	AbridgedAccounts · bulk data Jan 2025	AbridgedAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 36.7%; Profit ÷ revenue.
Gross margin: 57.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1m; Revenue ÷ average employees.
Profit per employee: £374k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; 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: ▲21%; Now £1m
Cash at bank: ▲24%; Now £931k
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from AbridgedAccounts for the year to 31 May 2025 (profit £374k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.

Updated from Companies House on 14 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.