How many employees does Merchant & Mills Ltd have?

Merchant & Mills Ltd reported an average of 36 employees in the year to 31 Mar 2025.

Is Merchant & Mills Ltd profitable?

Yes — Merchant & Mills Ltd reported a profit of £528k in the year to 31 Mar 2025.

Company No. 07559928 · Incorporated 10 Mar 2011

Merchant & Mills Ltd

Registered name: MERCHANT & MILLS LTD

Merchant & Mills Ltd made £528k profit in the year to 31 Mar 2025 (revenue not disclosed).

Merchant & Mills Ltd reported £528k profit in the year to 31 Mar 2025, down 6% on the year before; its revenue was not disclosed. It had 36 employees. The company is classified under “retail sale of textiles in specialised stores” and is based in Rye; we hold 4 years of its filed accounts.

Profit onlySection G · Wholesale and retail trade; repair of motor vehiclesSIC 47510Retail sale of textiles in specialised stores

Status: Active
Location: Rye, South East
Age: 15 yrs · since 2011
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: “The company is controlled by MMXX Estates Limited (company number 12494079), which holds 100% of the issued share capital.”

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

—

Not disclosed in filing

Profit

£528k

Growth ▼6.3%

Profit margin

—

Employees

Change ▲12.5%

Profit / employee

£14.7k

Profitable streak

3yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Profit after tax	—	£545k	£563k	£528k
Profit (best available)	—	£545k	£563k	£528k
Employees (average)	30	31	32	36
Ratios
Profit margin	—	—	—	—
Profit per employee	—	£17.6k	£17.6k	£14.7k
Growth (year on year)
Profit growth	—	—	▲3.3%	▼6.3%
Headcount growth	—	▲3.3%	▲3.2%	▲12.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£773k	£718k	£1m	£1.2m
Net assets	£1.9m	£2.3m	£2.7m	£2.7m
Fixed assets	£896k	£995k	£1.1m	£1.1m
Current assets	£1.5m	£1.7m	£2.1m	£2.3m
Debtors	£16.8k	£30.6k	£25.6k	£14.4k
Deferred income	—	£0	£94k	£179k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £14.7k; 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.

Indirect — not revenue

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: ▲2%; Now £2.7m
Cash at bank: ▲14%; Now £1.2m
Headcount: ▲13%; Now 36
Deferred income: ▲90%; Now £179k
Fixed assets: ▼4%; Now £1.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

MMXX Estates Limitedultimate parent75–100%
Merchant & Mills Ltdthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £528k), from the Companies House accounts bulk data published Nov 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.