Melcourt Industries Limited
Registered name: MELCOURT INDUSTRIES LIMITED
Melcourt Industries Limited made £14.4m revenue and £1m profit in the year to 31 Oct 2025.
Melcourt Industries Limited’s revenue grew 11% to £14.4m in the year to 31 Oct 2025, with £1m profit and 25 employees. The company is classified under “manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials” and is based in Tetbury; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Tetbury, South West
- Age
- 43 yrs · since 1983
- 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 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £13m | £13.3m | £13m | £14.4m |
| Cost of sales | £10.1m | £10m | £9.7m | £10.9m |
| Gross profit | £2.9m | £3.3m | £3.3m | £3.5m |
| Operating profit | £1.1m | £1.2m | £1.1m | £1.4m |
| Profit before tax | £982k | £1.1m | £974k | £1.4m |
| Profit after tax | £850k | £847k | £746k | £1m |
| Profit (best available) | £850k | £847k | £746k | £1m |
| Staff costs | £1.1m | £1.1m | £1.4m | £1.3m |
| Employees (average) | 21 | 20 | 23 | 25 |
| Ratios | ||||
| Profit margin | 6.6% | 6.4% | 5.8% | 7.1% |
| Gross margin | 22% | 24.9% | 25.4% | 24.2% |
| Revenue per employee | £618k | £666k | £564k | £575k |
| Profit per employee | £40.5k | £42.4k | £32.4k | £40.7k |
| Cash conversion | 129.8% | 161.2% | 105.3% | 119.6% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲2.6% | ▼2.7% | ▲10.8% |
| Profit growth | — | ▼0.4% | ▼12% | ▲36.3% |
| Headcount growth | — | ▼4.8% | ▲15% | ▲8.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £311k | £1.1m | £1m | £982k |
| Net assets | £3.8m | £4.2m | £4.5m | £5.1m |
| Fixed assets | £4.1m | £3.9m | £3.8m | £3.7m |
| Current assets | £3.7m | £4.4m | £4.3m | £4.5m |
| Debtors | £1.6m | £1.6m | £1.3m | £1.6m |
| Deferred income | £168k | £176k | £156k | £174k |
| Cash from operations | £1.4m | £1.9m | £1.2m | £1.7m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 7.1%
- Profit ÷ revenue.
- Gross margin
- 24.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £575k
- Revenue ÷ average employees.
- Profit per employee
- £40.7k
- Profit ÷ average employees.
- Cash conversion
- 119.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 25.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.1%
- 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 £5.1m
- Cash at bank
- ▼5%
- Now £982k
- Headcount
- ▲9%
- Now 25
- Deferred income
- ▲12%
- Now £174k
- Fixed assets
- ▼2%
- Now £3.7m
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
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £1m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 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.