How much does Bermans Limited make?

Bermans Limited reported revenue of £7.8m and £1.1m profit in the year to 31 May 2024, according to its accounts filed at Companies House.

How many employees does Bermans Limited have?

Bermans Limited reported an average of 66 employees in the year to 31 May 2024.

Is Bermans Limited profitable?

Yes — Bermans Limited reported a profit of £1.1m in the year to 31 May 2024.

Company No. 03952758 · Incorporated 21 Mar 2000

Bermans Limited

Registered name: BERMANS LIMITED

Part of Mapd Ventures Ltd group

Bermans Limited made £7.8m revenue and £1.1m profit in the year to 31 May 2024. read from filing text

Bermans Limited’s revenue grew 7% to £7.8m in the year to 31 May 2024, with £1.1m profit and 66 employees. The company is classified under “solicitors” and is based in Liverpool; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69102Solicitors

Status: Active
Location: Liverpool, North West
Age: 26 yrs · since 2000
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 immediate parent company”

Latest accounts · year to 31 May 2024

Key figures

Capital-lightDoing more with less

Revenue

£7.8m

Growth ▲6.8%

Profit

£1.1m

Growth ▼12%

Profit margin

14%

Gross 50.6%

Employees

Change ▼4.3%

Profit / employee

£16.5k

Revenue/employee £118k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	31 May 2023	31 May 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£8.4m	£7.3m	£7.8m
Cost of sales	£2.8m	£3.5m	£3.8m
Gross profit	£5.6m	£3.8m	£3.9m
Operating profit	£3.6m	£1.5m	£966k
Profit before tax	£3.6m	£1.6m	£1.1m
Profit after tax	£2.8m	£1.2m	£1.1m
Profit (best available)	£2.8m	£1.2m	£1.1m
Staff costs	£3.2m	£3.9m	£4.3m
Employees (average)	68	69	66
Ratios
Profit margin	33.6%	17%	14%
Gross margin	66.7%	52.1%	50.6%
Revenue per employee	£124k	£106k	£118k
Profit per employee	£41.6k	£18k	£16.5k
Growth (year on year)
Revenue growth	—	▼13.5%	▲6.8%
Profit growth	—	▼56.2%	▼12%
Headcount growth	—	▲1.5%	▼4.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£3m	£911k	£1.3m
Net assets	£5.1m	£4m	£5m
Fixed assets	£572k	£304k	£107k
Current assets	£6.5m	£4.8m	£6.1m
Debtors	£1.9m	£1.8m	£1.7m
Deferred income	£317k	£297k	£432k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Aug 2025

Derived from the latest filing

How the business works

Profit margin: 14%; Profit ÷ revenue.
Gross margin: 50.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £118k; Revenue ÷ average employees.
Profit per employee: £16.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.2%; 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: ▲28%; Now £5m
Cash at bank: ▲45%; Now £1.3m
Headcount: ▼4%; Now 66
Deferred income: ▲45%; Now £432k
Fixed assets: ▼65%; Now £107k

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

Mapd Ventures Ltdultimate parent75–100%
Project Themis Limited75–100%
Bermans 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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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2024 (profit £1.1m), from the Companies House accounts bulk data published Aug 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.