How much does Boud Minerals Limited make?

Boud Minerals Limited reported revenue of £18.7m and £1.2m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Boud Minerals Limited have?

Boud Minerals Limited reported an average of 79 employees in the year to 31 Dec 2025.

Is Boud Minerals Limited profitable?

Yes — Boud Minerals Limited reported a profit of £1.2m in the year to 31 Dec 2025.

Company No. 01936377 · Incorporated 6 Aug 1985

Boud Minerals Limited

Registered name: BOUD MINERALS LIMITED

Boud Minerals Limited made £18.7m revenue and £1.2m profit in the year to 31 Dec 2025. read from filing text

Boud Minerals Limited’s revenue grew 5% to £18.7m in the year to 31 Dec 2025, with £1.2m profit and 79 employees. The company is classified under “manufacture of other non-metallic mineral products” and is based in Lincolnshire; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 23990Manufacture of other non-metallic mineral products n.e.c.

Status: Active
Location: Lincolnshire, East of England
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. From the filing: “The ultimate controlling party is Mr F Boud who holds a majority shareholding in the company.”

Latest accounts · year to 31 Dec 2025

Key figures

Operating leverageCash flow filed

Revenue

£18.7m

Growth ▲5.4%

Profit

£1.2m

Growth ▲65.2%

Profit margin

6.3%

Gross 42.3%

Employees

Change ▲2.6%

Profit / employee

£14.9k

Revenue/employee £237k

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&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)	£14.3m	£16.3m	£17.8m	£18.7m
Cost of sales	£10m	£10.8m	£11m	£10.8m
Gross profit	£4.3m	£5.4m	£6.8m	£7.9m
Operating profit	£408k	£721k	£1m	£1.7m
Profit before tax	£363k	£626k	£947k	£1.6m
Profit after tax	£361k	£536k	£711k	£1.2m
Profit (best available)	£361k	£536k	£711k	£1.2m
Staff costs	£2.4m	£2.8m	£3.4m	£3.7m
Employees (average)	60	65	77	79
Ratios
Profit margin	2.5%	3.3%	4%	6.3%
Gross margin	30.2%	33.4%	38%	42.3%
Revenue per employee	£239k	£251k	£231k	£237k
Profit per employee	£6k	£8.2k	£9.2k	£14.9k
Cash conversion	−224.2%	−158.8%	−199.6%	−91.9%
Growth (year on year)
Revenue growth	—	▲13.6%	▲9%	▲5.4%
Profit growth	—	▲48.7%	▲32.6%	▲65.2%
Headcount growth	—	▲8.3%	▲18.5%	▲2.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£80k	£269k	£717k	£316k
Net assets	£5.1m	£5.5m	£6.2m	£7.3m
Fixed assets	£4.5m	£5m	£5.4m	£8.2m
Current assets	£4.8m	£5.1m	£4.9m	£5.1m
Debtors	£1.4m	£1.5m	£1.2m	£1.3m
Deferred income	£104k	£288k	£202k	£285k
Cash from operations	−£916k	−£1.1m	−£2.1m	−£1.6m
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 6.3%; Profit ÷ revenue.
Gross margin: 42.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £237k; Revenue ÷ average employees.
Profit per employee: £14.9k; Profit ÷ average employees.
Cash conversion: −91.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 44%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7%; 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: ▲18%; Now £7.3m
Cash at bank: ▼56%; Now £316k
Headcount: ▲3%; Now 79
Deferred income: ▲41%; Now £285k
Fixed assets: ▲52%; Now £8.2m

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

Subsidiaries (2)

Boud Minerals & Polymers LimitedFigures not disclosed
Mineral Coatings LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.2m), from the Companies House accounts bulk data published Jun 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.