How much does MHL Ltd make?

MHL Ltd reported revenue of £2.4m and £332k profit in the year to 30 Nov 2025, according to its accounts filed at Companies House.

How many employees does MHL Ltd have?

MHL Ltd reported an average of 8 employees in the year to 30 Nov 2025.

Is MHL Ltd profitable?

Yes — MHL Ltd reported a profit of £332k in the year to 30 Nov 2025.

Company No. 08781197 · Incorporated 19 Nov 2013

MHL Ltd

Registered name: MHL LTD

MHL Ltd made £2.4m revenue and £332k profit in the year to 30 Nov 2025.

MHL Ltd’s revenue fell 5% to £2.4m in the year to 30 Nov 2025, with £332k profit and 8 employees. The company is classified under “plumbing, heat and air-conditioning installation” and is based in Kidlington; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43220Plumbing, heat and air-conditioning installation

Status: Active
Location: Kidlington, South East
Age: 12 yrs · since 2013
Type: Private Limited Company

Latest accounts · year to 30 Nov 2025

Key figures

IndependentSmall teamCapital-lightBoring industry

Revenue

£2.4m

Growth ▼5%

Profit

£332k

Growth ▲21.8%

Profit margin

14%

Gross 36.4%

Employees

Change 0%

Profit / employee

£41.5k

Revenue/employee £298k

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	30 Nov 2022	30 Nov 2023	30 Nov 2024	30 Nov 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.5m	£1.9m	£2.5m	£2.4m
Cost of sales	£880k	£1.1m	£1.7m	£1.5m
Gross profit	£578k	£737k	£763k	£867k
Operating profit	£186k	£362k	£369k	£448k
Profit before tax	£173k	£342k	£367k	£445k
Profit after tax	£185k	£213k	£273k	£332k
Profit (best available)	£185k	£213k	£273k	£332k
Employees (average)	7	7	8	8
Ratios
Profit margin	12.7%	11.5%	10.9%	14%
Gross margin	39.6%	39.8%	30.4%	36.4%
Revenue per employee	£208k	£264k	£313k	£298k
Profit per employee	£26.4k	£30.5k	£34.1k	£41.5k
Growth (year on year)
Revenue growth	—	▲27%	▲35.4%	▼5%
Profit growth	—	▲15.5%	▲27.9%	▲21.8%
Headcount growth	—	0%	▲14.3%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£138k	£59.5k	£204k	£201k
Net assets	£55.7k	£133k	£242k	£363k
Fixed assets	£27.7k	£23.2k	£18.9k	£14.3k
Current assets	£312k	£465k	£695k	£666k
Debtors	£136k	£377k	£472k	£455k
Deferred income	£2.4k	£2.4k	£2.4k	—
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 14%; Profit ÷ revenue.
Gross margin: 36.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £298k; Revenue ÷ average employees.
Profit per employee: £41.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.1%; 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: ▲50%; Now £363k
Cash at bank: ▼2%; Now £201k
Headcount: 0%; Now 8
Deferred income: —; Now —
Fixed assets: ▼25%; Now £14.3k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £332k), from the Companies House accounts bulk data published Mar 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.