Philip J Milton & Company PLC
Registered name: PHILIP J MILTON & COMPANY PLC
Philip J Milton & Company PLC made £4.9m revenue and £576k profit in the year to 31 Aug 2025.
Philip J Milton & Company PLC’s revenue grew 10% to £4.9m in the year to 31 Aug 2025, with £576k profit and 36 employees. The company is classified under “activities of financial services holding companies” and is based in Barnstaple; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Barnstaple, South West
- Age
- 30 yrs · since 1996
- Type
- Public Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £4.6m | £4.3m | £4.4m | £4.9m |
| Cost of sales | £2.1m | £1.9m | £2.1m | £2m |
| Gross profit | £2.5m | £2.4m | £2.4m | £2.9m |
| Operating profit | £1.2m | £723k | — | — |
| Profit before tax | £689k | £742k | £820k | £845k |
| Profit after tax | £437k | £484k | £667k | £576k |
| Profit (best available) | £437k | £484k | £667k | £576k |
| Staff costs | £1m | £1.2m | £1.2m | £1.3m |
| Employees (average) | 32 | 32 | 34 | 36 |
| Ratios | ||||
| Profit margin | 9.5% | 11.2% | 15.1% | 11.8% |
| Gross margin | 54.9% | 55.5% | 53.4% | 59.3% |
| Revenue per employee | £144k | £135k | £130k | £135k |
| Profit per employee | £13.7k | £15.1k | £19.6k | £16k |
| Cash conversion | — | −22.5% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼6.5% | ▲2.4% | ▲10.2% |
| Profit growth | — | ▲10.7% | ▲37.7% | ▼13.6% |
| Headcount growth | — | 0% | ▲6.3% | ▲5.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £941k | £558k | £291k | £208k |
| Net assets | £4.5m | £5m | £5.7m | £6.3m |
| Fixed assets | £600k | £590k | £584k | £336k |
| Current assets | £4.9m | £5.3m | £6m | £6.5m |
| Debtors | £254k | £272k | £278k | £337k |
| Deferred income | £14.4k | £43.3k | £24.6k | — |
| Cash from operations | — | −£162k | £159k | £922k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 11.8%
- Profit ÷ revenue.
- Gross margin
- 59.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £135k
- Revenue ÷ average employees.
- Profit per employee
- £16k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.9%
- 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
- ▲10%
- Now £6.3m
- Cash at bank
- ▼28%
- Now £208k
- Headcount
- ▲6%
- Now 36
- Deferred income
- —
- Now —
- Fixed assets
- ▼42%
- Now £336k
Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £576k), from the Companies House accounts bulk data published Feb 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.