Midac UK Ltd
Registered name: MIDAC UK LTD
Midac UK Ltd made £12.9m revenue and £597k profit in the year to 31 Dec 2025. read from filing text
Midac UK Ltd’s revenue fell 29% to £12.9m in the year to 31 Dec 2025, with £597k profit and 39 employees. The company is classified under “wholesale trade of motor vehicle parts and accessories” and is based in Oswestry; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Oswestry, West Midlands
- Age
- 14 yrs · since 2012
- 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's immediate parent undertaking is Midac S.p.A., a company incorporated in Italy.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £10.3m | £12.3m | £14m | £18.1m | £12.9m |
| Cost of sales | £8m | £11m | £10.6m | £14.3m | £9.7m |
| Gross profit | £2.3m | £1.3m | £3.4m | £3.8m | £3.2m |
| Operating profit | £72.4k | −£2m | £311k | £878k | £732k |
| Profit before tax | −£10.2k | −£2.1m | £179k | £598k | £597k |
| Profit after tax | −£10.2k | −£1.7m | £179k | £598k | £597k |
| Profit (best available) | −£10.2k | −£1.7m | £179k | £598k | £597k |
| Staff costs | £1m | £1.3m | £1.5m | £1.2m | £1.1m |
| Employees (average) | 47 | 57 | 55 | 54 | 39 |
| Ratios | |||||
| Profit margin | −0.1% | −13.8% | 1.3% | 3.3% | 4.6% |
| Gross margin | 21.9% | 10.3% | 24.3% | 21% | 24.5% |
| Revenue per employee | £219k | £215k | £254k | £335k | £330k |
| Profit per employee | −£217 | −£29.7k | £3.2k | £11.1k | £15.3k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲19% | ▲14.1% | ▲29.1% | ▼28.8% |
| Profit growth | — | — | — | ▲234.7% | ▼0% |
| Headcount growth | — | ▲21.3% | ▼3.5% | ▼1.8% | ▼27.8% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £283k | £35.1k | £391k | £2.1m | £1.2m |
| Net assets | −£1.4m | −£3.1m | −£2.9m | −£2.3m | −£1.7m |
| Fixed assets | £1m | £946k | £647k | £529k | £385k |
| Current assets | £6.7m | £8.4m | £10.5m | £11.5m | £6.7m |
| Debtors | £4m | £5.5m | £6m | £6.3m | £2.6m |
| Deferred income | £204k | £970k | £774k | £1m | £1.2m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 4.6%
- Profit ÷ revenue.
- Gross margin
- 24.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £330k
- Revenue ÷ average employees.
- Profit per employee
- £15.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.2%
- 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
- —
- Now −£1.7m
- Cash at bank
- ▼45%
- Now £1.2m
- Headcount
- ▼28%
- Now 39
- Deferred income
- ▲16%
- Now £1.2m
- Fixed assets
- ▼27%
- Now £385k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Partsworld LimitedCannock · Wholesale trade of motor vehicle parts and accessories
- Revenue
- £12.8m
- Profit
- £723k
- Staff
- 34
- Tia Wheels LtdTelford · Wholesale trade of motor vehicle parts and accessories
- Revenue
- £12.8m
- Profit
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- Staff
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- Meller Flow Trans LimitedBradford · Wholesale trade of motor vehicle parts and accessories
- Revenue
- £13m
- Profit
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- Staff
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- Rolling Components LimitedBasildon · Wholesale trade of motor vehicle parts and accessories
- Revenue
- £12.7m
- Profit
- £183k
- Staff
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- Jost (Great Britain) LimitedHeywood · Wholesale trade of motor vehicle parts and accessories
- Revenue
- £13.3m
- Profit
- £1.4m
- Staff
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- Elring Parts LimitedGateshead · Wholesale trade of motor vehicle parts and accessories
- Revenue
- £13.7m
- Profit
- £746k
- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £597k), 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.