Thomas Milburn (Property) Limited
Registered name: THOMAS MILBURN (PROPERTY) LIMITED
Part of Thomas Milburn Leisure Limited groupThomas Milburn (Property) Limited made £4.5m revenue and £1.1m profit in the year to 31 Mar 2025. read from filing text
Thomas Milburn (Property) Limited’s revenue fell 5% to £4.5m in the year to 31 Mar 2025, with £1.1m profit and 54 employees. The company is classified under “hotels and similar accommodation”; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- North West
- Age
- 52 yrs · since 1974
- 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: “On 25th October 2024 as part of a restructure, the company became a wholly owned subsidiary of Thomas Milburn Leisure Ltd, Seacote Park, St Bees, Cumbria, CA27 0ET which is incorporated in England & W”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £4.8m | £4.5m |
| Cost of sales | £1.2m | £1.1m |
| Gross profit | £3.6m | £3.4m |
| Operating profit | £1.3m | £1.2m |
| Profit before tax | £1.5m | £1.5m |
| Profit after tax | £1.1m | £1.1m |
| Profit (best available) | £1.1m | £1.1m |
| Staff costs | £1m | £1m |
| Employees (average) | 61 | 54 |
| Ratios | ||
| Profit margin | 22.4% | 24.3% |
| Gross margin | 74.7% | 75.1% |
| Revenue per employee | £77.9k | £83.6k |
| Profit per employee | £17.5k | £20.3k |
| Cash conversion | −82.7% | −961.7% |
| Growth (year on year) | ||
| Revenue growth | — | ▼5% |
| Profit growth | — | ▲2.9% |
| Headcount growth | — | ▼11.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £9.4m | £10.7m |
| Net assets | £25.8m | £14.4m |
| Fixed assets | £16.9m | £14.1m |
| Current assets | £12.4m | £11.9m |
| Debtors | £496k | £443k |
| Deferred income | £604k | £605k |
| Cash from operations | −£1.1m | −£11.1m |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 24.3%
- Profit ÷ revenue.
- Gross margin
- 75.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £83.6k
- Revenue ÷ average employees.
- Profit per employee
- £20.3k
- Profit ÷ average employees.
- Cash conversion
- −961.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 312.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 13.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.8%
- 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
- ▼44%
- Now £14.4m
- Cash at bank
- ▲14%
- Now £10.7m
- Headcount
- ▼11%
- Now 54
- Deferred income
- ▲0%
- Now £605k
- Fixed assets
- ▼17%
- Now £14.1m
Group structure
Ownership chain
- Thomas Milburn Leisure Limitedultimate parent75–100%
- Thomas Milburn (Property) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.1m), from the Companies House accounts bulk data published Dec 2025. 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.