How much does M B Distribution (Cleveland) Limited make?

M B Distribution (Cleveland) Limited reported revenue of £15.8m and £403k profit in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does M B Distribution (Cleveland) Limited have?

M B Distribution (Cleveland) Limited reported an average of 85 employees in the year to 28 Feb 2025.

Is M B Distribution (Cleveland) Limited profitable?

Yes — M B Distribution (Cleveland) Limited reported a profit of £403k in the year to 28 Feb 2025.

Company No. 02189432 · Incorporated 5 Nov 1987

M B Distribution (Cleveland) Limited

Registered name: M B DISTRIBUTION (CLEVELAND) LIMITED

Part of MB Holdco Ltd group

M B Distribution (Cleveland) Limited made £15.8m revenue and £403k profit in the year to 28 Feb 2025. read from filing text

M B Distribution (Cleveland) Limited’s revenue fell 5% to £15.8m in the year to 28 Feb 2025, with £403k profit and 85 employees. The company is classified under “wholesale of hardware, plumbing and heating equipment and supplies” and is based in Middlesbrough; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46740Wholesale of hardware, plumbing and heating equipment and supplies

Status: Active
Location: Middlesbrough, North East
Age: 38 yrs · since 1987
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 company is ultimately controlled by Mr M and Mrs B Greenup through their ownership of MB Holdco Ltd.”

Latest accounts · year to 28 Feb 2025

Key figures

Capital-lightBoring industryCash flow filed

Revenue

£15.8m

Growth ▼5.4%

Profit

£403k

Growth ▼73.7%

Profit margin

2.5%

Gross 33.4%

Employees

Change ▲3.7%

Profit / employee

£4.7k

Revenue/employee £186k

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	28 Feb 2022	28 Feb 2023	28 Feb 2024	28 Feb 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)	£16.5m	£17m	£16.7m	£15.8m
Cost of sales	£12m	£11.6m	£10.7m	£10.5m
Gross profit	£4.5m	£5.4m	£6m	£5.3m
Operating profit	£1.2m	£613k	£1.9m	£490k
Profit before tax	£1.2m	£606k	£1.9m	£537k
Profit after tax	£938k	£330k	£1.5m	£403k
Profit (best available)	£938k	£330k	£1.5m	£403k
Staff costs	£2.7m	£2.8m	£3m	£3.6m
Employees (average)	81	82	82	85
Ratios
Profit margin	5.7%	1.9%	9.2%	2.5%
Gross margin	27.4%	31.7%	35.8%	33.4%
Revenue per employee	£204k	£208k	£204k	£186k
Profit per employee	£11.6k	£4k	£18.7k	£4.7k
Cash conversion	−38.9%	—	−36.6%	−107.6%
Growth (year on year)
Revenue growth	—	▲3.1%	▼1.9%	▼5.4%
Profit growth	—	▼64.9%	▲363.9%	▼73.7%
Headcount growth	—	▲1.2%	0%	▲3.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.5m	£1.7m	£2.4m	£1.8m
Net assets	£8.9m	£3.5m	£4.9m	£5.1m
Fixed assets	£4.6m	£266k	£484k	£492k
Current assets	£7.1m	£6.7m	£6.5m	£6.7m
Debtors	£1.9m	£2m	£1.7m	£1.7m
Deferred income	£25.6k	£39.4k	£57.5k	£54.7k
Cash from operations	−£467k	—	−£700k	−£527k
Source	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Jan 2026	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 2.5%; Profit ÷ revenue.
Gross margin: 33.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £186k; Revenue ÷ average employees.
Profit per employee: £4.7k; Profit ÷ average employees.
Cash conversion: −107.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.1%; 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: 11%; 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: ▲4%; Now £5.1m
Cash at bank: ▼26%; Now £1.8m
Headcount: ▲4%; Now 85
Deferred income: ▼5%; Now £54.7k
Fixed assets: ▲2%; Now £492k

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

MB Holdco Ltdultimate parent75–100%
M B Distribution (Cleveland) Limitedthis company

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

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £403k), from the Companies House accounts bulk data published Jan 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.