How much does Michels and Taylor (London) Limited make?

Michels and Taylor (London) Limited reported revenue of £29m and £137k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Michels and Taylor (London) Limited have?

Michels and Taylor (London) Limited reported an average of 462 employees in the year to 31 Mar 2025.

Is Michels and Taylor (London) Limited profitable?

Yes — Michels and Taylor (London) Limited reported a profit of £137k in the year to 31 Mar 2025.

Company No. 07886297 · Incorporated 19 Dec 2011

Michels and Taylor (London) Limited

Registered name: MICHELS AND TAYLOR (LONDON) LIMITED

Michels and Taylor (London) Limited made £29m revenue and £137k profit in the year to 31 Mar 2025.

Michels and Taylor (London) Limited’s revenue fell 6% to £29m in the year to 31 Mar 2025, with £137k profit and 462 employees. The company is classified under “other service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

Status: Active
Location: London, London
Age: 14 yrs · since 2011
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£29m

Growth ▼6%

Profit

£137k

Growth ▼74.3%

Profit margin

0.5%

Gross 69.5%

Employees

462

Change ▲2.4%

Profit / employee

£297

Revenue/employee £62.8k

Profitable streak

4yrs

Consecutive profitable years in our data

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	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.7m	£26.5m	£30.8m	£29m
Cost of sales	£1.2m	£14.4m	£11m	£8.8m
Gross profit	£5.5m	£12.1m	£19.8m	£20.2m
Operating profit	£371k	£781k	£729k	£181k
Profit before tax	£370k	£779k	£729k	£188k
Profit after tax	£299k	£776k	£534k	£137k
Profit (best available)	£299k	£776k	£534k	£137k
Staff costs	£4.2m	£14.4m	£15.3m	£16.1m
Employees (average)	—	120	451	462
Ratios
Profit margin	4.4%	2.9%	1.7%	0.5%
Gross margin	81.7%	45.7%	64.3%	69.5%
Revenue per employee	—	£221k	£68.4k	£62.8k
Profit per employee	—	£6.5k	£1.2k	£297
Cash conversion	−90.5%	206.2%	−112.1%	−11.5%
Growth (year on year)
Revenue growth	—	▲293.4%	▲16.3%	▼6%
Profit growth	—	▲159.2%	▼31.2%	▼74.3%
Headcount growth	—	—	▲275.8%	▲2.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£1m	£709k	£174k
Net assets	£1.4m	£2.2m	£2.1m	£2.3m
Fixed assets	£63.2k	£57.8k	£64.9k	£53.4k
Current assets	£3.4m	£3.5m	£3.1m	£3.4m
Debtors	£1.5m	£1.5m	£2m	£2.3m
Deferred income	£428k	£31.6k	£18.5k	£191k
Cash from operations	−£336k	£1.6m	−£817k	−£20.9k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	Accounts · bulk data Mar 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0.5%; Profit ÷ revenue.
Gross margin: 69.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £62.8k; Revenue ÷ average employees.
Profit per employee: £297; Profit ÷ average employees.
Cash conversion: −11.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.1%; 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: ▲6%; Now £2.3m
Cash at bank: ▼75%; Now £174k
Headcount: ▲2%; Now 462
Deferred income: ▲933%; Now £191k
Fixed assets: ▼18%; Now £53.4k

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

Subsidiaries (2)

Michels & Taylor (Brighton) LimitedRev. £6.2m · Profit £0
Michels & Taylor Midco LimitedRev. — · Profit £0

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £137k), 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.