Mendels Limited
Registered name: MENDELS LIMITED
Mendels Limited made £84.9k revenue and £2.2k profit in the year to 31 May 2026.
Mendels Limited’s revenue grew 8% to £84.9k in the year to 31 May 2026, with £2.2k profit and 3 employees. The company is classified under “manufacture of telegraph and telephone apparatus and equipment” and is based in Watford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Watford, East of England
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2023 | 31 May 2024 | 31 May 2025 | 31 May 2026 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £84.5k | £78.8k | £84.9k |
| Cost of sales | — | — | £47k | £51.8k |
| Gross profit | — | — | £31.8k | £33k |
| Operating profit | — | — | £1.8k | £2.7k |
| Profit before tax | — | — | £1.8k | £2.7k |
| Profit after tax | — | £891 | £1.4k | £2.2k |
| Profit (best available) | — | £891 | £1.4k | £2.2k |
| Staff costs | — | — | £28.6k | — |
| Employees (average) | — | 3 | 3 | 3 |
| Ratios | ||||
| Profit margin | — | 1.1% | 1.8% | 2.5% |
| Gross margin | — | — | 40.3% | 38.9% |
| Revenue per employee | — | £28.2k | £26.3k | £28.3k |
| Profit per employee | — | £297 | £474 | £717 |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼6.8% | ▲7.7% |
| Profit growth | — | — | ▲59.6% | ▲51.3% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | — | £9.1k | £11.5k |
| Net assets | £6.3k | £7.4k | £8.8k | £10.9k |
| Current assets | £6.7k | £7.6k | £9.1k | — |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 2.5%
- Profit ÷ revenue.
- Gross margin
- 38.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £28.3k
- Revenue ÷ average employees.
- Profit per employee
- £717
- 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.
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
- ▲24%
- Now £10.9k
- Cash at bank
- ▲25%
- Now £11.5k
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 May 2026 (profit £2.2k), 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.