Merrygill Limited
Registered name: MERRYGILL LIMITED
Merrygill Limited made £14.7m revenue and £1.5m profit in the year to 30 Nov 2025.
Merrygill Limited’s revenue fell 4% to £14.7m in the year to 30 Nov 2025, with £1.5m profit and 91 employees. The company is classified under “activities of head offices” and is based in Kirkby Stephen; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Kirkby Stephen, North West
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £14.6m | £15.7m | £15.2m | £14.7m |
| Cost of sales | £8.4m | £8.3m | £8.7m | £8.3m |
| Gross profit | £6.3m | £7.4m | £6.6m | £6.4m |
| Operating profit | £896k | £1.5m | £1.1m | £1.1m |
| Profit before tax | £900k | £1.6m | £1.3m | £1.2m |
| Profit after tax | £698k | £1.2m | £982k | £1.5m |
| Profit (best available) | £698k | £1.2m | £982k | £1.5m |
| Staff costs | — | — | £3.4m | £3.2m |
| Employees (average) | 106 | 100 | 95 | 91 |
| Ratios | ||||
| Profit margin | 4.8% | 7.4% | 6.4% | 9.9% |
| Gross margin | 42.8% | 47.1% | 43.1% | 43.4% |
| Revenue per employee | £138k | £157k | £160k | £161k |
| Profit per employee | £6.6k | £11.6k | £10.3k | £15.9k |
| Cash conversion | — | — | 93.9% | 124.2% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲7% | ▼2.7% | ▼3.8% |
| Profit growth | — | ▲66% | ▼15.3% | ▲47.8% |
| Headcount growth | — | ▼5.7% | ▼5% | ▼4.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | — | £3.8m | £3.3m |
| Net assets | £1.9m | £1.9m | £4.9m | £6.4m |
| Fixed assets | £1.9m | £1.9m | £2.4m | £3.1m |
| Current assets | — | — | £2.5m | £3.4m |
| Debtors | — | £0 | £0 | £11.3k |
| Cash from operations | — | — | £1.1m | £1.4m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 9.9%
- Profit ÷ revenue.
- Gross margin
- 43.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £161k
- Revenue ÷ average employees.
- Profit per employee
- £15.9k
- Profit ÷ average employees.
- Cash conversion
- 124.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 21.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▲29%
- Now £6.4m
- Cash at bank
- ▼12%
- Now £3.3m
- Headcount
- ▼4%
- Now 91
- Deferred income
- —
- Now —
- Fixed assets
- ▲28%
- Now £3.1m
Group structure
Subsidiaries (3)
- Out of Eden LimitedRev. £11.3m · Profit £455k
- Dusal LimitedRev. £3.5m · Profit £299k
- Cole & Lewis LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £1.5m), from the Companies House accounts bulk data published Aug 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.