JML Products Ood Ltd
Registered name: JML PRODUCTS OOD LTD
JML Products Ood Ltd made £11.9m revenue and £3.4m profit in the year to 31 Mar 2024.
JML Products Ood Ltd’s revenue grew 188% to £11.9m in the year to 31 Mar 2024, with £3.4m profit and 34 employees. The company is classified under “non-specialised wholesale trade” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 7 yrs · since 2019
- 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 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £2.7m | £4.1m | £11.9m |
| Cost of sales | £1.2m | £2.4m | −£6.1m |
| Gross profit | £1.6m | £1.7m | £5.8m |
| Operating profit | £1.3m | £1.3m | £4.6m |
| Profit before tax | £1.3m | £1.3m | £4.6m |
| Profit after tax | £1.2m | £1.2m | £3.4m |
| Profit (best available) | £1.2m | £1.2m | £3.4m |
| Employees (average) | 9 | 11 | 34 |
| Ratios | |||
| Profit margin | 43.5% | 29.6% | 29% |
| Gross margin | 57.1% | 41.3% | 48.9% |
| Revenue per employee | £305k | £374k | £349k |
| Profit per employee | £133k | £111k | £101k |
| Growth (year on year) | |||
| Revenue growth | — | ▲49.9% | ▲188.1% |
| Profit growth | — | ▲2.2% | ▲181.8% |
| Headcount growth | — | ▲22.2% | ▲209.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £247k | £519k | — |
| Net assets | £1.7m | £3.2m | — |
| Fixed assets | £705k | £1.3m | — |
| Current assets | £1.2m | £2.1m | — |
| Debtors | £526k | £825k | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | Accounts · bulk data Nov 2024 |
How the business works
- Profit margin
- 29%
- Profit ÷ revenue.
- Gross margin
- 48.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £349k
- Revenue ÷ average employees.
- Profit per employee
- £101k
- 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
- ▲209%
- Now 34
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Pelazi LimitedEdinburgh · Non-specialised wholesale trade
- Revenue
- £4.1m
- Profit
- £612k
- Staff
- 34
- Danzak LimitedHenley-on-Thames · Non-specialised wholesale trade
- Revenue
- £4m
- Profit
- £797k
- Staff
- 5
- A Taste of the Caribbean LtdGlasgow · Non-specialised wholesale trade
- Revenue
- £4.3m
- Profit
- £443k
- Staff
- 11
- Robert Orr LtdManchester · Non-specialised wholesale trade
- Revenue
- £3.9m
- Profit
- £817k
- Staff
- 10
- Swim England Trading LimitedLoughborough · Non-specialised wholesale trade
- Revenue
- £4.4m
- Profit
- £525k
- Staff
- —
- Reddipak LimitedStratford-Upon-Avon · Non-specialised wholesale trade
- Revenue
- £3.8m
- Profit
- £57.2k
- Staff
- 13
Sources
Latest figures from accounts for the year to 31 Mar 2024 (profit £3.4m), from the Companies House accounts bulk data published Nov 2024. Spotted an error? Request a correction.
Updated from Companies House on 19 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.