How much does M. Barnwell Services Limited make?

M. Barnwell Services Limited reported revenue of £14.7m and £235k profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does M. Barnwell Services Limited have?

M. Barnwell Services Limited reported an average of 90 employees in the year to 31 Oct 2025.

Is M. Barnwell Services Limited profitable?

Yes — M. Barnwell Services Limited reported a profit of £235k in the year to 31 Oct 2025.

Company No. 01223957 · Incorporated 26 Aug 1975

M. Barnwell Services Limited

Registered name: M. BARNWELL SERVICES LIMITED

M. Barnwell Services Limited made £14.7m revenue and £235k profit in the year to 31 Oct 2025. read from filing text

M. Barnwell Services Limited’s revenue grew 3% to £14.7m in the year to 31 Oct 2025, with £235k profit and 90 employees. The company is classified under “non-specialised wholesale trade” and is based in West Midlands; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: West Midlands, West Midlands
Age: 51 yrs · since 1975
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 ultimate controlling party is Mrs Carol Barnwell.”

Latest accounts · year to 31 Oct 2025

Key figures

Capital-lightCash flow filed

Revenue

£14.7m

Growth ▲3.1%

Profit

£235k

Growth ▼78.2%

Profit margin

1.6%

Gross 52%

Employees

Change ▲1.1%

Profit / employee

£2.6k

Revenue/employee £163k

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 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£14.5m	£15m	£14.3m	£14.7m
Cost of sales	£7.3m	£7.6m	£6.9m	£7.1m
Gross profit	£7.2m	£7.4m	£7.4m	£7.6m
Operating profit	£1.7m	£1.7m	£1.5m	£309k
Profit before tax	£1.7m	£1.7m	£1.5m	£325k
Profit after tax	£1.4m	£1.3m	£1.1m	£235k
Profit (best available)	£1.4m	£1.3m	£1.1m	£235k
Staff costs	£3.9m	£4.4m	£4.4m	£4.9m
Employees (average)	88	87	89	90
Ratios
Profit margin	9.6%	8.6%	7.6%	1.6%
Gross margin	49.8%	49.4%	51.9%	52%
Revenue per employee	£165k	£173k	£160k	£163k
Profit per employee	£15.8k	£14.8k	£12.1k	£2.6k
Cash conversion	−80.8%	−111.5%	−138.4%	−258.7%
Growth (year on year)
Revenue growth	—	▲3.8%	▼5.2%	▲3.1%
Profit growth	—	▼7.3%	▼16.4%	▼78.2%
Headcount growth	—	▼1.1%	▲2.3%	▲1.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.8m	£5.1m	£6.3m	£6.7m
Net assets	£9.4m	£10.7m	£11.8m	£12m
Fixed assets	£880k	£797k	£982k	£857k
Current assets	£10.6m	£11.9m	£12.8m	£13.1m
Debtors	£2.9m	£2.7m	£2.6m	£2.8m
Deferred income	£127k	£174k	£245k	£328k
Cash from operations	−£1.4m	−£1.9m	−£2m	−£800k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 1.6%; Profit ÷ revenue.
Gross margin: 52%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £163k; Revenue ÷ average employees.
Profit per employee: £2.6k; Profit ÷ average employees.
Cash conversion: −258.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.9%; 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: ▲2%; Now £12m
Cash at bank: ▲6%; Now £6.7m
Headcount: ▲1%; Now 90
Deferred income: ▲34%; Now £328k
Fixed assets: ▼13%; Now £857k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £235k), from the Companies House accounts bulk data published Jul 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.