Cartwheel Lettings (Middleton) Limited
Registered name: CARTWHEEL LETTINGS (MIDDLETON) LIMITED
Cartwheel Lettings (Middleton) Limited made £964k revenue and £388k profit in the year to 31 Mar 2025.
Cartwheel Lettings (Middleton) Limited’s revenue grew 10% to £964k in the year to 31 Mar 2025, with £388k profit and 5 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Rochdale; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Rochdale, North West
- Age
- 9 yrs · since 2017
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £875k | £964k |
| Gross profit | £580k | £719k | £593k | £734k |
| Operating profit | £56.3k | £407k | — | — |
| Profit before tax | £56.3k | −£272k | £159k | £517k |
| Profit after tax | £45.6k | −£272k | £119k | £388k |
| Profit (best available) | £45.6k | −£272k | £119k | £388k |
| Staff costs | — | — | £75.3k | £185k |
| Employees (average) | 3 | 4 | 5 | 5 |
| Ratios | ||||
| Profit margin | — | — | 13.6% | 40.2% |
| Gross margin | — | — | 67.8% | 76.1% |
| Revenue per employee | — | — | £175k | £193k |
| Profit per employee | £15.2k | −£67.9k | £23.9k | £77.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲10.2% |
| Profit growth | — | ▼696.1% | — | ▲224.6% |
| Headcount growth | — | ▲33.3% | ▲25% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £123k | £99.8k | £96.2k | — |
| Net assets | £624k | £352k | £550k | — |
| Fixed assets | £7.3m | £7.7m | £7.9m | — |
| Current assets | £1.1m | £921k | £942k | — |
| Debtors | £975k | £822k | £846k | — |
| Source | AbridgedAccounts · bulk data Dec 2023 | AbridgedAccounts · bulk data Dec 2023 | AbridgedAccounts · bulk data Dec 2024 | AbridgedAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 40.2%
- Profit ÷ revenue.
- Gross margin
- 76.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £193k
- Revenue ÷ average employees.
- Profit per employee
- £77.5k
- 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
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Cartwheel Lettings (Middleton) Management LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from AbridgedAccounts for the year to 31 Mar 2025 (profit £388k), from the Companies House accounts bulk data published Aug 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.