Mullen Property Services Ltd
Registered name: MULLEN PROPERTY SERVICES LTD
Part of Mullen Capital Limited groupMullen Property Services Ltd made £11.9m revenue and £163k profit in the year to 31 May 2025.
Mullen Property Services Ltd’s revenue grew 48% to £11.9m in the year to 31 May 2025, with £163k profit and 35 employees. The company is classified under “development of building projects” and is based in Shepperton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Shepperton, London
- Age
- 10 yrs · since 2016
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £8m | £11.9m |
| Cost of sales | — | — | £6.1m | £7.9m |
| Gross profit | — | — | £2m | £4m |
| Operating profit | — | — | £454k | £199k |
| Profit before tax | — | — | £454k | £199k |
| Profit after tax | — | — | £363k | £163k |
| Profit (best available) | — | — | £363k | £163k |
| Employees (average) | 15 | 20 | 0 | 35 |
| Ratios | ||||
| Profit margin | — | — | 4.5% | 1.4% |
| Gross margin | — | — | 24.6% | 33.3% |
| Revenue per employee | — | — | — | £340k |
| Profit per employee | — | — | — | £4.7k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲47.8% |
| Profit growth | — | — | — | ▼55% |
| Headcount growth | — | ▲33.3% | ▼100% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £20.6k | £118k | £401k | £449k |
| Net assets | £153k | £293k | £636k | £799k |
| Fixed assets | £78.6k | £199k | £313k | £397k |
| Current assets | £473k | £783k | £2.1m | £1.8m |
| Debtors | £364k | £502k | £1.4m | £1.3m |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | AbridgedAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 1.4%
- Profit ÷ revenue.
- Gross margin
- 33.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £340k
- Revenue ÷ average employees.
- Profit per employee
- £4.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.5%
- 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
- ▲26%
- Now £799k
- Cash at bank
- ▲12%
- Now £449k
- Headcount
- —
- Now 35
- Deferred income
- —
- Now —
- Fixed assets
- ▲27%
- Now £397k
Group structure
Ownership chain
- Mullen Capital Limitedultimate parent75–100%
- Mullen Property Services Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £163k), from the Companies House accounts bulk data published Feb 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.