Montane Ltd
Registered name: MONTANE LTD
Montane Ltd made £21.5m revenue and £177k profit in the year to 31 Jan 2025.
Montane Ltd’s revenue fell 4% to £21.5m in the year to 31 Jan 2025, with £177k profit and 79 employees. The company is classified under “manufacture of other men's outerwear” and is based in Ashington; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Ashington, North East
- Age
- 30 yrs · since 1996
- 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 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £21.2m | £21.4m | £22.4m | £21.5m |
| Cost of sales | £12.9m | £13.3m | £13.1m | £12.6m |
| Gross profit | £8.2m | £8.1m | £9.3m | £8.9m |
| Operating profit | £906k | −£211k | £712k | £475k |
| Profit before tax | £840k | −£409k | £337k | £259k |
| Profit after tax | £656k | −£339k | £278k | £177k |
| Profit (best available) | £656k | −£339k | £278k | £177k |
| Staff costs | £2.6m | £2.7m | — | — |
| Employees (average) | 61 | 72 | 78 | 79 |
| Ratios | ||||
| Profit margin | 3.1% | −1.6% | 1.2% | 0.8% |
| Gross margin | 38.9% | 37.8% | 41.4% | 41.2% |
| Revenue per employee | £347k | £297k | £287k | £273k |
| Profit per employee | £10.8k | −£4.7k | £3.6k | £2.2k |
| Cash conversion | −45.1% | — | 162.7% | 372.9% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲1% | ▲4.7% | ▼3.9% |
| Profit growth | — | ▼151.7% | — | ▼36.1% |
| Headcount growth | — | ▲18% | ▲8.3% | ▲1.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £745k | £634k | £107k | £237k |
| Net assets | £5.2m | £5.5m | £4.8m | £5.6m |
| Fixed assets | £743k | £1m | £832k | £721k |
| Current assets | £9.7m | £16.2m | £11.3m | £11m |
| Debtors | £2.3m | £3.5m | £2.4m | £2.3m |
| Deferred income | £480k | £371k | £832k | £536k |
| Cash from operations | −£408k | −£2.4m | £1.2m | £1.8m |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 0.8%
- Profit ÷ revenue.
- Gross margin
- 41.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £273k
- Revenue ÷ average employees.
- Profit per employee
- £2.2k
- Profit ÷ average employees.
- Cash conversion
- 372.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.8%
- 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
- ▲17%
- Now £5.6m
- Cash at bank
- ▲120%
- Now £237k
- Headcount
- ▲1%
- Now 79
- Deferred income
- ▼36%
- Now £536k
- Fixed assets
- ▼13%
- Now £721k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
- Inverleith (MT) Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £177k), from the Companies House accounts bulk data published Sep 2025. 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.