How much does MLM Ltd make?

MLM Ltd reported revenue of £8.6m and £264k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does MLM Ltd have?

MLM Ltd reported an average of 7 employees in the year to 31 Dec 2025.

Is MLM Ltd profitable?

Yes — MLM Ltd reported a profit of £264k in the year to 31 Dec 2025.

Company No. 05372017 · Incorporated 22 Feb 2005

MLM Ltd

Registered name: MLM LTD

MLM Ltd made £8.6m revenue and £264k profit in the year to 31 Dec 2025. read from filing text

MLM Ltd’s revenue fell 57% to £8.6m in the year to 31 Dec 2025, with £264k profit and 7 employees. The company is classified under “recovery of sorted materials” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38320Recovery of sorted materials SIC 46760Wholesale of other intermediate products SIC 46770Wholesale of waste and scrap

Status: Active
Location: Manchester, North West
Age: 21 yrs · since 2005
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 is under the control of its parent company America Chung Nam LLC, a company incorporated in California, USA”

Latest accounts · year to 31 Dec 2025

Key figures

Small teamCapital-lightBoring industryCash flow filed

Revenue

£8.6m

Growth ▼56.8%

Profit

£264k

Growth ▲27.9%

Profit margin

3.1%

Gross 9.9%

Employees

Change ▼22.2%

Profit / employee

£37.8k

Revenue/employee £1.2m

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£3.5m	£13.2m	£19.9m	£8.6m
Cost of sales	£3m	£12.6m	£18.9m	£7.8m
Gross profit	£484k	£612k	£1m	£855k
Operating profit	−£84.5k	−£6.1k	£158k	£266k
Profit before tax	−£84.3k	−£6.1k	£256k	£354k
Profit after tax	−£83.1k	−£5.4k	£207k	£264k
Profit (best available)	−£83.1k	−£5.4k	£207k	£264k
Staff costs	£425k	£466k	£584k	£593k
Employees (average)	8	7	9	7
Ratios
Profit margin	−2.4%	0%	1%	3.1%
Gross margin	13.9%	4.6%	5.1%	9.9%
Revenue per employee	£435k	£1.9m	£2.2m	£1.2m
Profit per employee	−£10.4k	−£768	£23k	£37.8k
Cash conversion	—	—	8163%	841.9%
Growth (year on year)
Revenue growth	—	▲280%	▲50.7%	▼56.8%
Profit growth	—	—	—	▲27.9%
Headcount growth	—	▼12.5%	▲28.6%	▼22.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£177k	£480k	£13.5m	£11.3m
Net assets	£4.8m	£4.8m	£5m	£5.3m
Fixed assets	£7.3k	£4.2k	£5k	£41.6k
Current assets	£7.7m	£8.4m	£19.4m	£14.6m
Debtors	£0	£3.6k	£11	£10.3k
Deferred income	£182k	£327k	£521k	£173k
Cash from operations	£730k	−£304k	£12.9m	£2.2m
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 3.1%; Profit ÷ revenue.
Gross margin: 9.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.2m; Revenue ÷ average employees.
Profit per employee: £37.8k; Profit ÷ average employees.
Cash conversion: 841.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; 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: ▲5%; Now £5.3m
Cash at bank: ▼17%; Now £11.3m
Headcount: ▼22%; Now 7
Deferred income: ▼67%; Now £173k
Fixed assets: ▲733%; Now £41.6k

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 Dec 2025 (profit £264k), from the Companies House accounts bulk data published Apr 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.