Mulberry Property Developments Ltd
Registered name: MULBERRY PROPERTY DEVELOPMENTS LTD
Part of R.J. Wilkinson Holdings Limited groupMulberry Property Developments Ltd made £70.4m revenue and a £4m loss in the year to 31 Mar 2025.
Mulberry Property Developments Ltd’s revenue grew 9% to £70.4m in the year to 31 Mar 2025, with a loss of £4m and 72 employees. The company is classified under “construction of commercial buildings” and is based in Northampton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Northampton, East Midlands
- Age
- 16 yrs · since 2010
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £79.4m | £101m | £64.8m | £70.4m |
| Cost of sales | £65.4m | £82.7m | £54.2m | £60.5m |
| Gross profit | £14m | £18.7m | £10.6m | £9.9m |
| Operating profit | £9.6m | £11.6m | £5.4m | £4.6m |
| Profit before tax | £5.6m | £7.5m | −£2.5m | −£4m |
| Profit after tax | £4.3m | £6.1m | −£1.9m | −£4m |
| Profit (best available) | £4.3m | £6.1m | −£1.9m | −£4m |
| Staff costs | £4.8m | £5.9m | £5.3m | £4.8m |
| Employees (average) | 59 | 67 | 71 | 72 |
| Ratios | ||||
| Profit margin | 5.4% | 6% | −2.9% | −5.7% |
| Gross margin | 17.6% | 18.5% | 16.4% | 14% |
| Revenue per employee | £1.3m | £1.5m | £912k | £978k |
| Profit per employee | £72.7k | £90.6k | −£26.5k | −£55.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲27.8% | ▼36.2% | ▲8.7% |
| Profit growth | — | ▲41.5% | ▼131% | — |
| Headcount growth | — | ▲13.6% | ▲6% | ▲1.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.8m | £3.6m | £9.5m | £6.6m |
| Net assets | £12.5m | £18.5m | £16.7m | £12.7m |
| Fixed assets | £220k | £301k | £277k | £344k |
| Current assets | £95m | £103m | £125m | £136m |
| Debtors | £2.9m | £1m | £1.5m | £1.6m |
| Deferred income | £4.3m | £10.3m | £8.8m | £5.7m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −5.7%
- Profit ÷ revenue.
- Gross margin
- 14%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £978k
- Revenue ÷ average employees.
- Profit per employee
- −£55.7k
- Profit ÷ average employees.
- Cash conversion
- —
- 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
- 8.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.3%
- 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
- ▼24%
- Now £12.7m
- Cash at bank
- ▼31%
- Now £6.6m
- Headcount
- ▲1%
- Now 72
- Deferred income
- ▼36%
- Now £5.7m
- Fixed assets
- ▲24%
- Now £344k
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
- R.J. Wilkinson Holdings Limitedultimate parent50–75%
- Mulberry Commercial Developments Holdings Limited75–100%
- Mulberry Property Developments Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (20)
- Ambrosden Residents Management Company LimitedFigures not disclosed
- Badwell Ash Residents Management Company LimitedFigures not disclosed
- Bicester Residents Management Company LimitedFigures not disclosed
- Braintree Residents Management Company LimitedFigures not disclosed
- Clifford Smith Residents Management Company LimitedFigures not disclosed
- Clifton Residents Management Company LimitedFigures not disclosed
- Coggeshall Residents Management Company LimitedFigures not disclosed
- Great Dunmow Residents Management Company LimitedFigures not disclosed
- Irchester Residents Management Company LimitedFigures not disclosed
- Launton Residents Management Company LimitedFigures not disclosed
- Lutterworth Residents Management Company LimitedFigures not disclosed
- Manor Heath Residents Management Company LimitedFigures not disclosed
- Maulden Residents Management Company LimitedFigures not disclosed
- Meadow View Fields Management Company LimitedFigures not disclosed
- Middleton Cheney Residents Management Company LimitedFigures not disclosed
- MPD Living LimitedFigures not disclosed
- Roxton Residents Management Company LimitedFigures not disclosed
- Station Road Felsted Residents Management Company LimitedFigures not disclosed
- The Templars Residents Management Company LimitedFigures not disclosed
- Whissendine Grove Residents Management Company LimitedFigures not disclosed
Sister companies (9)
- Mulberry Commercial Developments Midlands LimitedRev. £8.7m · Profit £13.1m
- Avidity Hotels (Corby) LtdFigures not disclosed
- Avidity Hotels (Edinburgh) LimitedFigures not disclosed
- Mulberry Commercial Developments II LimitedFigures not disclosed
- Mulberry Commercial Developments LimitedRev. — · Profit −£1.5m
- Mulberry Industrial Properties LimitedRev. — · Profit £1.8m
- Mulberry Strategic Land LimitedFigures not disclosed
- Rothwell Land LimitedRev. — · Profit −£47.2k
- Savoy Cinemas Corby LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£4m), from the Companies House accounts bulk data published Dec 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.