JMP Wilcox & Co Limited
Registered name: JMP WILCOX & CO LIMITED
Part of Textile Recycling International Topco Limited groupJMP Wilcox & Co Limited made £24.8m revenue and £455k profit in the year to 31 Mar 2025.
JMP Wilcox & Co Limited’s revenue was £24.8m in the year to 31 Mar 2025, with £455k profit and 217 employees. The company is classified under “wholesale of textiles” and is based in Wolverhampton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Wolverhampton, West Midlands
- Age
- 25 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 Company's immediate parent undertaking is Textile Recycling International Newco Limited, a Company registered in England and Wales. At the reporting date, the Company’s ultimate parent undertaking”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £34.6m | £24.8m |
| Cost of sales | £27m | £20.7m |
| Gross profit | £7.6m | £4.1m |
| Operating profit | £2m | £38.8k |
| Profit before tax | −£5.1m | £36.4k |
| Profit after tax | −£5.4m | £455k |
| Profit (best available) | −£5.4m | £455k |
| Staff costs | £7.1m | £6m |
| Employees (average) | 216 | 217 |
| Ratios | ||
| Profit margin | −15.7% | 1.8% |
| Gross margin | 22% | 16.6% |
| Revenue per employee | £160k | £114k |
| Profit per employee | −£25.1k | £2.1k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £31.5k | £1.5m |
| Net assets | −£6.1m | −£5.7m |
| Fixed assets | £2.2m | £1.7m |
| Current assets | £5.8m | £6.5m |
| Debtors | £2.9m | £3.6m |
| Deferred income | £1.7m | £1.3m |
| Source | FullAccounts · bulk data Mar 2026 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 1.8%
- Profit ÷ revenue.
- Gross margin
- 16.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £114k
- Revenue ÷ average employees.
- Profit per employee
- £2.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.3%
- 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
- —
- Now −£5.7m
- Cash at bank
- —
- Now £1.5m
- Headcount
- —
- Now 217
- Deferred income
- —
- Now £1.3m
- Fixed assets
- —
- Now £1.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Textile Recycling International Topco Limitedultimate parent75–100%
- Textile Recycling International Newco Limited75–100%
- JMP Wilcox & Co Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Nathans Waste Savers LimitedRev. £23.1m · Profit £222k
- Hotpursuit Enterprises LimitedRev. £18.9m · Profit £302k
- SWD Premier Clothing Exports LimitedRev. £15.2m · Profit £587k
- All Textile Solutions LtdFigures not disclosed
- Bag IT Up LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Starlight U.K. Corporation LimitedLondon · Wholesale of textiles
- Revenue
- £24.8m
- Profit
- £436k
- Staff
- 24
- Arlettie London LtdLondon · Wholesale of textiles
- Revenue
- £24.4m
- Profit
- £130k
- Staff
- 29
- G T M (Europe) LimitedStockport · Wholesale of textiles
- Revenue
- £23m
- Profit
- £170k
- Staff
- 15
- Lawton Yarns Manufacturing LimitedLondon · Wholesale of textiles
- Revenue
- £22.3m
- Profit
- £363k
- Staff
- 14
- Tokyo Fabric Int LimitedWednesbury · Wholesale of textiles
- Revenue
- £30.4m
- Profit
- £2.2m
- Staff
- 15
- Jainco (UK) LimitedHayes · Wholesale of textiles
- Revenue
- £30.9m
- Profit
- £2m
- Staff
- 37
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £455k), from the Companies House accounts bulk data published Mar 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.