Sims Milling Services Limited
Registered name: SIMS MILLING SERVICES LIMITED
Sims Milling Services Limited made £15.3m revenue and £1.1m profit in the year to 31 Dec 2025. read from filing text
Sims Milling Services Limited’s revenue grew 15% to £15.3m in the year to 31 Dec 2025, with £1.1m profit and 70 employees. The company is classified under “other specialised construction activities” and is based in Upminster; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Upminster, London
- Age
- 16 yrs · since 2009
- 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: “On 1 March 2025, Sims Milling Services Limited became a wholly owned subsidiary Sims Milling Holdings”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £13.9m | £13.3m | £13.9m | £13.2m | £15.3m |
| Cost of sales | £9.4m | £9.1m | £8.7m | £9.1m | £10m |
| Gross profit | £4.4m | £4.2m | £5.2m | £4.2m | £5.3m |
| Operating profit | £3.5m | £407k | £1m | £761k | £1.7m |
| Profit before tax | £2.9m | £159k | £681k | £515k | £1.5m |
| Profit after tax | £2.1m | £233k | £241k | £347k | £1.1m |
| Profit (best available) | £2.1m | £233k | £241k | £347k | £1.1m |
| Staff costs | £2.3m | £2.4m | £2.5m | £2.7m | £3.3m |
| Employees (average) | 65 | 62 | 62 | 66 | 70 |
| Ratios | |||||
| Profit margin | 15% | 1.8% | 1.7% | 2.6% | 7.3% |
| Gross margin | 32% | 31.5% | 37.2% | 31.6% | 34.4% |
| Revenue per employee | £214k | £215k | £224k | £201k | £218k |
| Profit per employee | £32k | £3.8k | £3.9k | £5.3k | £15.9k |
| Cash conversion | −226.6% | 98.3% | −231.3% | −583% | −388.9% |
| Growth (year on year) | |||||
| Revenue growth | — | ▼4% | ▲4% | ▼4.5% | ▲15.3% |
| Profit growth | — | ▼88.8% | ▲3.5% | ▲43.8% | ▲221% |
| Headcount growth | — | ▼4.6% | 0% | ▲6.5% | ▲6.1% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £970k | £312k | £288k | £2.3m | £746k |
| Net assets | £7.6m | £7.9m | £7.6m | £7.6m | £3.8m |
| Fixed assets | £8.9m | £6.6m | £5.8m | £5.1m | £6.3m |
| Current assets | £11.4m | £8.9m | £8.6m | £7.8m | £3.6m |
| Debtors | £2.1m | £3m | £2.4m | £1.6m | £1.3m |
| Deferred income | £110k | £190k | £791k | £67.3k | £45.8k |
| Cash from operations | −£7.8m | £401k | −£2.3m | −£4.4m | −£6.7m |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 7.3%
- Profit ÷ revenue.
- Gross margin
- 34.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £218k
- Revenue ÷ average employees.
- Profit per employee
- £15.9k
- Profit ÷ average employees.
- Cash conversion
- −388.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 41.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.6%
- 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
- ▼50%
- Now £3.8m
- Cash at bank
- ▼67%
- Now £746k
- Headcount
- ▲6%
- Now 70
- Deferred income
- ▼32%
- Now £45.8k
- Fixed assets
- ▲23%
- Now £6.3m
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
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.1m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.