How much does Middleton Associates Limited make?

Middleton Associates Limited reported revenue of £25.1m and £407k profit in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does Middleton Associates Limited have?

Middleton Associates Limited reported an average of 12 employees in the year to 31 Jul 2025.

Is Middleton Associates Limited profitable?

Yes — Middleton Associates Limited reported a profit of £407k in the year to 31 Jul 2025.

Company No. 03081014 · Incorporated 18 Jul 1995

Middleton Associates Limited

Registered name: MIDDLETON ASSOCIATES LIMITED

Part of Middleton Associates Holdings Limited group

Middleton Associates Limited made £25.1m revenue and £407k profit in the year to 31 Jul 2025. read from filing text

Middleton Associates Limited’s revenue fell 8% to £25.1m in the year to 31 Jul 2025, with £407k profit and 12 employees. The company is classified under “wholesale of wine, beer, spirits and other alcoholic beverages” and is based in Oldham; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46342Wholesale of wine, beer, spirits and other alcoholic beverages

Status: Active
Location: Oldham, North West
Age: 31 yrs · since 1995
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's parent company is Middleton Associates Holdings Limited, a company incorporated in England and Wales.”

Latest accounts · year to 31 Jul 2025

Key figures

Capital-light

Revenue

£25.1m

Growth ▼8.2%

Profit

£407k

Growth ▼15.6%

Profit margin

1.6%

Gross 8.3%

Employees

Change ▼20%

Profit / employee

£33.9k

Revenue/employee £2.1m

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 Jul 2022	31 Jul 2023	31 Jul 2024	31 Jul 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)	£27.5m	£28.7m	£27.3m	£25.1m
Cost of sales	£25.3m	£26.1m	£25.1m	£23m
Gross profit	£2.2m	£2.6m	£2.3m	£2.1m
Operating profit	£714k	£1.1m	£638k	£530k
Profit before tax	£679k	£1.1m	£649k	£545k
Profit after tax	£536k	£848k	£482k	£407k
Profit (best available)	£536k	£848k	£482k	£407k
Employees (average)	17	16	15	12
Ratios
Profit margin	1.9%	3%	1.8%	1.6%
Gross margin	7.9%	9%	8.2%	8.3%
Revenue per employee	£1.6m	£1.8m	£1.8m	£2.1m
Profit per employee	£31.6k	£53k	£32.2k	£33.9k
Growth (year on year)
Revenue growth	—	▲4.1%	▼4.6%	▼8.2%
Profit growth	—	▲58.1%	▼43.1%	▼15.6%
Headcount growth	—	▼5.9%	▼6.3%	▼20%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£1.8m	£2.1m	£1.9m
Net assets	£1.3m	£1.7m	£2m	£2.2m
Fixed assets	£270k	£261k	£517k	£454k
Current assets	£7.3m	£8.8m	£7.4m	£7.4m
Debtors	£2m	£2m	£2m	£1.8m
Source	Accounts · bulk data Apr 2024	Accounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 1.6%; Profit ÷ revenue.
Gross margin: 8.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.1m; Revenue ÷ average employees.
Profit per employee: £33.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.1%; 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: ▲11%; Now £2.2m
Cash at bank: ▼12%; Now £1.9m
Headcount: ▼20%; Now 12
Deferred income: —; Now —
Fixed assets: ▼12%; Now £454k

Corporate ownership

Group structure

Ownership chain

Middleton Associates Holdings Limitedultimate parent75–100%
Middleton Associates 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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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £407k), from the Companies House accounts bulk data published Apr 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.