How much does Mergon UK Limited make?

Mergon UK Limited reported revenue of £18.3m and £376k profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Mergon UK Limited have?

Mergon UK Limited reported an average of 147 employees in the year to 31 Mar 2024.

Is Mergon UK Limited profitable?

Yes — Mergon UK Limited reported a profit of £376k in the year to 31 Mar 2024.

Company No. 00894340 · Incorporated 19 Dec 1966

Mergon UK Limited

Registered name: MERGON UK LIMITED

Mergon UK Limited made £18.3m revenue and £376k profit in the year to 31 Mar 2024. read from filing text

Mergon UK Limited’s revenue grew 37% to £18.3m in the year to 31 Mar 2024, with £376k profit and 147 employees. The company is classified under “manufacture of other plastic products” and is based in Blackburn; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22290Manufacture of other plastic products

Status: Active
Location: Blackburn, North West
Age: 59 yrs · since 1966
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 parent company is Westcastle Topco Limited, a company incorporated in Jersey (registration number 130255). Its registered address is 22 Grenville Street, St Helier, Jersey, Channel Islands, JE4 8P”

Latest accounts · year to 31 Mar 2024

Key figures

Operating leverage

Revenue

£18.3m

Growth ▲37.1%

Profit

£376k

Growth ▲186.9%

Profit margin

2.1%

Gross 19.7%

Employees

147

Change ▲19.5%

Profit / employee

£2.6k

Revenue/employee £124k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£13.3m	£18.3m
Cost of sales	£10.7m	£14.7m
Gross profit	£2.6m	£3.6m
Operating profit	£207k	£644k
Profit before tax	£160k	£503k
Profit after tax	£131k	£376k
Profit (best available)	£131k	£376k
Staff costs	£4.1m	£5.5m
Employees (average)	123	147
Ratios
Profit margin	1%	2.1%
Gross margin	19.8%	19.7%
Revenue per employee	£109k	£124k
Profit per employee	£1.1k	£2.6k
Growth (year on year)
Revenue growth	—	▲37.1%
Profit growth	—	▲186.9%
Headcount growth	—	▲19.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£602k	£732k
Net assets	£4.3m	£4.7m
Fixed assets	£2.6m	£2.4m
Current assets	£7.2m	£8.1m
Debtors	£3.1m	£3.9m
Deferred income	£654k	£917k
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: 2.1%; Profit ÷ revenue.
Gross margin: 19.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £124k; Revenue ÷ average employees.
Profit per employee: £2.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.1%; 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: ▲9%; Now £4.7m
Cash at bank: ▲22%; Now £732k
Headcount: ▲20%; Now 147
Deferred income: ▲40%; Now £917k
Fixed assets: ▼6%; Now £2.4m

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

Corporate ownership

Group structure

Minority corporate shareholders

Elysian Capital GP II LLP 25–50%

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £376k), from the Companies House accounts bulk data published Oct 2024. 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.