Multevo Limited
Registered name: MULTEVO LIMITED
Multevo Limited made £41.7m revenue and £2.2m profit in the year to 31 Oct 2025.
Multevo Limited’s revenue grew 18% to £41.7m in the year to 31 Oct 2025, with £2.2m profit and 98 employees. The company is classified under “wholesale of other machinery and equipment” and is based in Darwen; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Darwen, North West
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £22m | £26.8m | £35.2m | £41.7m |
| Cost of sales | £18m | £22.9m | £29m | £34.9m |
| Gross profit | £4m | £3.9m | £6.2m | £6.8m |
| Operating profit | £1.4m | £1.3m | £3.1m | £3m |
| Profit before tax | £1.3m | £1.1m | £2.9m | £2.9m |
| Profit after tax | £1m | £817k | £2.1m | £2.2m |
| Profit (best available) | £1m | £817k | £2.1m | £2.2m |
| Staff costs | £3.7m | £5m | £5.3m | £5.7m |
| Employees (average) | 69 | 100 | 98 | 98 |
| Ratios | ||||
| Profit margin | 4.6% | 3% | 6.1% | 5.2% |
| Gross margin | 18% | 14.6% | 17.6% | 16.3% |
| Revenue per employee | £319k | £268k | £359k | £425k |
| Profit per employee | £14.7k | £8.2k | £21.9k | £22.2k |
| Cash conversion | −82.6% | 16.4% | −73.2% | −94.3% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲22.1% | ▲31.1% | ▲18.4% |
| Profit growth | — | ▼19.5% | ▲163% | ▲1.2% |
| Headcount growth | — | ▲44.9% | ▼2% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.5m | £353k | £1.6m | £3.1m |
| Net assets | £2.9m | £3.6m | £5.7m | £7.9m |
| Fixed assets | £831k | £1m | £1.1m | £1.2m |
| Current assets | £5.7m | £7m | £8.9m | £14.6m |
| Debtors | £3.6m | £6.1m | £6.1m | £9.7m |
| Deferred income | £824k | £522k | £574k | — |
| Cash from operations | −£1.1m | £217k | −£2.3m | −£2.8m |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 5.2%
- Profit ÷ revenue.
- Gross margin
- 16.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £425k
- Revenue ÷ average employees.
- Profit per employee
- £22.2k
- Profit ÷ average employees.
- Cash conversion
- −94.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.3%
- 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
- ▲38%
- Now £7.9m
- Cash at bank
- ▲99%
- Now £3.1m
- Headcount
- 0%
- Now 98
- Deferred income
- —
- Now —
- Fixed assets
- ▲3%
- Now £1.2m
Similar profitable businesses
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- Profit
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- Staff
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- Interfood Technology Ltd.Oxfordshire · Wholesale of other machinery and equipment
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- Advanced Maintenance Supplies LimitedHalesowen · Wholesale of other machinery and equipment
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- Einhell UK LtdUpton · Wholesale of other machinery and equipment
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- Tennant UK Cleaning Solutions LimitedEdinburgh · Wholesale of other machinery and equipment
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £2.2m), from the Companies House accounts bulk data published May 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.