How much does Mercury Bearings Limited make?

Mercury Bearings Limited reported revenue of £12.9m and £803k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Mercury Bearings Limited have?

Mercury Bearings Limited reported an average of 33 employees in the year to 31 Dec 2023.

Is Mercury Bearings Limited profitable?

Yes — Mercury Bearings Limited reported a profit of £803k in the year to 31 Dec 2023.

Company No. 03598993 · Incorporated 16 Jul 1998

Mercury Bearings Limited

Registered name: MERCURY BEARINGS LIMITED

Part of Descours & Caband Sa group

Mercury Bearings Limited made £12.9m revenue and £803k profit in the year to 31 Dec 2023.

Mercury Bearings Limited’s revenue grew 9% to £12.9m in the year to 31 Dec 2023, with £803k profit and 33 employees. The company is classified under “non-specialised wholesale trade” and is based in Halesowen; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Halesowen, West Midlands
Age: 28 yrs · since 1998
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.

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£12.9m

Growth ▲9%

Profit

£803k

Growth ▲19.1%

Profit margin

6.2%

Gross 33.9%

Employees

Change ▼2.9%

Profit / employee

£24.3k

Revenue/employee £391k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11.8m	£12.9m
Cost of sales	£8m	£8.5m
Gross profit	£3.9m	£4.4m
Operating profit	£829k	£1m
Profit before tax	£829k	£1m
Profit after tax	£675k	£803k
Profit (best available)	£675k	£803k
Staff costs	£2m	£2m
Employees (average)	34	33
Ratios
Profit margin	5.7%	6.2%
Gross margin	32.7%	33.9%
Revenue per employee	£348k	£391k
Profit per employee	£19.8k	£24.3k
Growth (year on year)
Revenue growth	—	▲9%
Profit growth	—	▲19.1%
Headcount growth	—	▼2.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£943k	£1.5m
Net assets	£5m	£5.1m
Fixed assets	£232k	£268k
Current assets	£6.8m	£7.7m
Debtors	£2.1m	£2.5m
Deferred income	£283k	£440k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: 6.2%; Profit ÷ revenue.
Gross margin: 33.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £391k; Revenue ÷ average employees.
Profit per employee: £24.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.5%; 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: ▲3%; Now £5.1m
Cash at bank: ▲63%; Now £1.5m
Headcount: ▼3%; Now 33
Deferred income: ▲55%; Now £440k
Fixed assets: ▲16%; Now £268k

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

Descours & Caband Sa (registered outside the UK register)ultimate parent75–100%
Hayley Group Holding Limited75–100%
Hayley Group Limited75–100%
Mercury Holdings (London) Limited75–100%
Mercury Bearings 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 Dec 2023 (profit £803k), from the Companies House accounts bulk data published Jun 2024. 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.