Mulmar Group Ltd
Registered name: MULMAR GROUP LTD
Mulmar Group Ltd made £17.8m revenue and £410k profit in the year to 30 Sep 2025.
Mulmar Group Ltd’s revenue grew 15% to £17.8m in the year to 30 Sep 2025, with £410k profit and 138 employees. The company is classified under “activities of head offices” and is based in Luton; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Luton
- Age
- 19 yrs · since 2007
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £14.4m | £15.5m | £17.8m |
| Cost of sales | −£11m | −£11.7m | −£14.3m |
| Gross profit | £3.3m | £3.8m | £3.5m |
| Operating profit | £704k | £738k | £656k |
| Profit before tax | £607k | £614k | £550k |
| Profit after tax | £437k | £453k | £410k |
| Profit (best available) | £437k | £453k | £410k |
| Employees (average) | 120 | 132 | 138 |
| Ratios | |||
| Profit margin | 3% | 2.9% | 2.3% |
| Gross margin | 23.2% | 24.4% | 19.7% |
| Revenue per employee | £120k | £118k | £129k |
| Profit per employee | £3.6k | £3.4k | £3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲8% | ▲14.6% |
| Profit growth | — | ▲3.7% | ▼9.5% |
| Headcount growth | — | ▲10% | ▲4.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 2.3%
- Profit ÷ revenue.
- Gross margin
- 19.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £129k
- Revenue ÷ average employees.
- Profit per employee
- £3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- ▲5%
- Now 138
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (2)
- Trendaset LimitedRev. £17.8m · Profit £341k
- JKJ Resources LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2025 (profit £410k), from the Companies House accounts bulk data published Oct 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.