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Company No. 03241562 · Incorporated 23 Aug 1996

Mail Handling International Limited

Registered name: MAIL HANDLING INTERNATIONAL LIMITED

Mail Handling International Limited made £16.1m revenue and a £93.9k loss in the year to 31 Mar 2025.

Mail Handling International Limited’s revenue fell 8% to £16.1m in the year to 31 Mar 2025, with a loss of £93.9k and 42 employees. The company is classified under “licensed carriers” and is based in Bristol; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 53201Licensed carriers
Status
Active
Location
Bristol, South West
Age
30 yrs · since 1996
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentCash flow filed
Revenue
£16.1m
Growth ▼8%
Profit
−£93.9k
Growth ▼139.5%
Profit margin
−0.6%
Gross 7%
Employees
42
Change ▼19.2%
Profit / employee
−£2.2k
Revenue/employee £383k
Profitable streak
0yrs
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 to30 Sep 202131 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£33.7m£40.6m£17.5m£16.1m
Cost of sales£30.8m£38.5m£16.1m£15m
Gross profit£2.9m£2.2m£1.4m£1.1m
Operating profit£798k−£1.4m£277k−£54.1k
Profit before tax£787k−£1.4m£238k−£93.9k
Profit after tax£633k−£1.2m£238k−£93.9k
Profit (best available)£633k−£1.2m£238k−£93.9k
Staff costs£2.4m£3.8m£1.7m£1.4m
Employees (average)62735242
Ratios
Profit margin1.9%−2.9%1.4%−0.6%
Gross margin8.6%5.3%8%7%
Revenue per employee£544k£557k£336k£383k
Profit per employee£10.2k−£16.1k£4.6k−£2.2k
Cash conversion107.7%—−74.9%—
Growth (year on year)
Revenue growth———▼8%
Profit growth———▼139.5%
Headcount growth———▼19.2%
Balance sheet — indirect signals, not revenue
Cash at bank£2.4m£697k£424k£298k
Net assets£1.8m£536k£774k£680k
Fixed assets£1.9m£1.6m£1.8m£1.8m
Current assets£5.8m£2.8m£2.3m£2m
Debtors£3.3m£1.9m£1.8m£1.6m
Deferred income£713k£212k£440k£159k
Cash from operations£860k−£1.4m−£207k−£18.2k
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
−0.6%
Profit ÷ revenue.
Gross margin
7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£383k
Revenue ÷ average employees.
Profit per employee
−£2.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
11%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10%
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
▼12%
Now £680k
Cash at bank
▼30%
Now £298k
Headcount
▼19%
Now 42
Deferred income
▼64%
Now £159k
Fixed assets
▼1%
Now £1.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£93.9k), from the Companies House accounts bulk data published Dec 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.