Althon Limited
Registered name: ALTHON LIMITED
Part of Mag Group Limited groupAlthon Limited made £15.9m revenue and £701k profit in the year to 30 Nov 2025.
Althon Limited’s revenue grew 14% to £15.9m in the year to 30 Nov 2025, with £701k profit and 7 employees. The company is classified under “wholesale of mining, construction and civil engineering machinery”; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- East of England
- Age
- 45 yrs · since 1981
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £18.7m | £16.6m | £13.9m | £15.9m |
| Cost of sales | £12.3m | £11m | £9.2m | £10.4m |
| Gross profit | £6.4m | £5.6m | £4.7m | £5.4m |
| Operating profit | £1.1m | £1.1m | £832k | £926k |
| Profit before tax | £1.1m | £1.1m | £853k | £935k |
| Profit after tax | £908k | £825k | £640k | £701k |
| Profit (best available) | £908k | £825k | £640k | £701k |
| Staff costs | £385k | £503k | £526k | £589k |
| Employees (average) | 7 | 7 | 7 | 7 |
| Ratios | ||||
| Profit margin | 4.9% | 5% | 4.6% | 4.4% |
| Gross margin | 34.1% | 33.8% | 33.9% | 34.2% |
| Revenue per employee | £2.7m | £2.4m | £2m | £2.3m |
| Profit per employee | £130k | £118k | £91.4k | £100k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼11.3% | ▼16.3% | ▲14.3% |
| Profit growth | — | ▼9.1% | ▼22.4% | ▲9.5% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.4m | £3.4m | £2m | £5.1m |
| Net assets | £5.1m | £5.9m | £6.5m | £7.2m |
| Fixed assets | £232k | £155k | £303k | £208k |
| Current assets | £8.4m | £9.6m | £9.7m | £11.2m |
| Debtors | £3.5m | £3.4m | £3.2m | £3.8m |
| Deferred income | £209k | £490k | £367k | £407k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 4.4%
- Profit ÷ revenue.
- Gross margin
- 34.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.3m
- Revenue ÷ average employees.
- Profit per employee
- £100k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.9%
- 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
- ▲11%
- Now £7.2m
- Cash at bank
- ▲162%
- Now £5.1m
- Headcount
- 0%
- Now 7
- Deferred income
- ▲11%
- Now £407k
- Fixed assets
- ▼31%
- Now £208k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Mag Group Limitedultimate parent75–100%
- Althon Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Healey & Lord LtdFigures not disclosed
- Mag KB LimitedFigures not disclosed
- Stevensons (1982) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £701k), 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.