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Company No. 07894108 · Incorporated 30 Dec 2011

Mikado Foods (UK) Ltd

Registered name: MIKADO FOODS (UK) LTD

Part of MDH Group Holdings Ltd group

Mikado Foods (UK) Ltd made £24.1m revenue and £2.6m profit in the year to 28 Feb 2026.

Mikado Foods (UK) Ltd’s revenue grew 4% to £24.1m in the year to 28 Feb 2026, with £2.6m profit and 14 employees. The company is classified under “agents involved in the sale of food, beverages and tobacco” and is based in High Wycombe; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46170Agents involved in the sale of food, beverages and tobacco
Status
Active
Location
High Wycombe, South East
Age
14 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.

Latest accounts · year to 28 Feb 2026

Key figures

Capital-light
Revenue
£24.1m
Growth ▲4.5%
Profit
£2.6m
Growth ▲1.5%
Profit margin
10.9%
Gross 23.2%
Employees
14
Change ▲27.3%
Profit / employee
£187k
Revenue/employee £1.7m
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 to28 Feb 202328 Feb 202428 Feb 202528 Feb 2026
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£23.8m£20.8m£23m£24.1m
Cost of sales£21.1m£16.6m£18.1m£18.5m
Gross profit£2.7m£4.2m£5m£5.6m
Operating profit£2m£3.2m£3.5m£3.5m
Profit before tax£2m£3.2m£3.5m£3.5m
Profit after tax£1.6m£2.4m£2.6m£2.6m
Profit (best available)£1.6m£2.4m£2.6m£2.6m
Staff costs£450k£603k£944k£1.2m
Employees (average)781114
Ratios
Profit margin6.9%11.7%11.2%10.9%
Gross margin11.4%20.1%21.6%23.2%
Revenue per employee£3.4m£2.6m£2.1m£1.7m
Profit per employee£235k£304k£235k£187k
Cash conversion−36%−86.3%——
Growth (year on year)
Revenue growth——▲11%▲4.5%
Profit growth——▲6.5%▲1.5%
Headcount growth——▲37.5%▲27.3%
Balance sheet — indirect signals, not revenue
Cash at bank£890k£2.7m£2m£3.4m
Net assets£2.9m£5.3m£6.5m£7.2m
Fixed assets£17.7k£428k£17.8k£25.8k
Current assets£6.4m£7.1m£8.7m£8.9m
Debtors£1.5m£1.3m£1.7m£1.9m
Cash from operations−£733k−£2.8m——
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
10.9%
Profit ÷ revenue.
Gross margin
23.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.7m
Revenue ÷ average employees.
Profit per employee
£187k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
8%
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
▲9%
Now £7.2m
Cash at bank
▲70%
Now £3.4m
Headcount
▲27%
Now 14
Deferred income
—
Now —
Fixed assets
▲45%
Now £25.8k
Corporate ownership

Group structure

Ownership chain

  1. MDH Group Holdings Ltdultimate parent75–100%
  2. Mikado Foods (UK) Ltdthis company

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

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 28 Feb 2026 (profit £2.6m), from the Companies House accounts bulk data published Jul 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.