How much does Mincrete Limited make?

Mincrete Limited reported revenue of £14m and £242k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Mincrete Limited have?

Mincrete Limited reported an average of 37 employees in the year to 31 Dec 2025.

Is Mincrete Limited profitable?

Yes — Mincrete Limited reported a profit of £242k in the year to 31 Dec 2025.

Company No. 01890492 · Incorporated 27 Feb 1985

Mincrete Limited

Registered name: MINCRETE LIMITED

Part of Rhodevans Limited group

Mincrete Limited made £14m revenue and £242k profit in the year to 31 Dec 2025.

Mincrete Limited’s revenue fell 6% to £14m in the year to 31 Dec 2025, with £242k profit and 37 employees. The company is classified under “manufacture of ready-mixed concrete” and is based in Stoke-on-Trent; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 23630Manufacture of ready-mixed concrete

Status: Active
Location: Stoke-on-Trent, West Midlands
Age: 41 yrs · since 1985
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.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£14m

Growth ▼6.2%

Profit

£242k

Growth ▼40.8%

Profit margin

1.7%

Gross 18.7%

Employees

Change ▼5.1%

Profit / employee

£6.5k

Revenue/employee £378k

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.9m	£15.2m	£14.9m	£14m
Cost of sales	£10.3m	£12.4m	£12m	£11.4m
Gross profit	£2.6m	£2.8m	£2.9m	£2.6m
Operating profit	£969k	£661k	£702k	£478k
Profit before tax	£910k	£582k	£572k	£323k
Profit after tax	£766k	£382k	£409k	£242k
Profit (best available)	£766k	£382k	£409k	£242k
Staff costs	£1.3m	£1.5m	£1.6m	£1.6m
Employees (average)	34	38	39	37
Ratios
Profit margin	5.9%	2.5%	2.7%	1.7%
Gross margin	20.4%	18.3%	19.2%	18.7%
Revenue per employee	£379k	£400k	£382k	£378k
Profit per employee	£22.5k	£10.1k	£10.5k	£6.5k
Growth (year on year)
Revenue growth	—	▲17.8%	▼1.8%	▼6.2%
Profit growth	—	▼50.1%	▲7.1%	▼40.8%
Headcount growth	—	▲11.8%	▲2.6%	▼5.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£353k	£126k	£450k	£562k
Net assets	£1.7m	£1.7m	£1.8m	£1.9m
Fixed assets	£2.2m	£2.6m	£3.3m	£3.3m
Current assets	£3.7m	£3.7m	£4.3m	£4.8m
Debtors	£1.9m	£1.6m	£1.6m	£2m
Deferred income	£20.5k	£17.1k	£38.8k	£56.3k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 18.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £378k; Revenue ÷ average employees.
Profit per employee: £6.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 23.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.3%; 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 £1.9m
Cash at bank: ▲25%; Now £562k
Headcount: ▼5%; Now 37
Deferred income: ▲45%; Now £56.3k
Fixed assets: ▼0%; Now £3.3m

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

Ownership chain

Rhodevans Limitedultimate parent75–100%
Mincrete Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Pay As You Pour Concrete LtdFigures not disclosed
Pick'n'mix Concrete LtdFigures not disclosed

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 Dec 2025 (profit £242k), from the Companies House accounts bulk data published Sep 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.