Mulberry Commercial Developments Holdings Limited
Registered name: MULBERRY COMMERCIAL DEVELOPMENTS HOLDINGS LIMITED
Part of R.J. Wilkinson Holdings Limited groupMulberry Commercial Developments Holdings Limited made £115m revenue and £7.7m profit in the year to 31 Mar 2025.
Mulberry Commercial Developments Holdings Limited’s revenue grew 5% to £115m in the year to 31 Mar 2025, with £7.7m profit and 168 employees. The company is classified under “development of building projects” and is based in Northampton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Northampton, East Midlands
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £110m | £115m |
| Cost of sales | — | — | −£93.1m | −£85.1m |
| Gross profit | — | — | £17.1m | £30.2m |
| Operating profit | — | — | £15.4m | £20.6m |
| Profit before tax | — | — | £7.2m | £10.9m |
| Profit after tax | £3.4m | £86m | £32.3m | £7.7m |
| Profit (best available) | £3.4m | £86m | £32.3m | £7.7m |
| Employees (average) | 2 | 2 | 2 | 168 |
| Ratios | ||||
| Profit margin | — | — | 29.3% | 6.7% |
| Gross margin | — | — | 15.5% | 26.2% |
| Revenue per employee | — | — | £55.1m | £687k |
| Profit per employee | £1.7m | £43m | £16.1m | £45.7k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲4.7% |
| Profit growth | — | ▲2466% | ▼62.5% | ▼76.2% |
| Headcount growth | — | 0% | 0% | ▲8300% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.4k | £3.4m | £5.5m | — |
| Net assets | £14.5m | £23.5m | £46.8m | — |
| Fixed assets | £9.4m | £12m | £12m | — |
| Current assets | £10.1m | £36.2m | £58.8m | — |
| Debtors | £7.7m | £30.8m | £53.3m | — |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 6.7%
- Profit ÷ revenue.
- Gross margin
- 26.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £687k
- Revenue ÷ average employees.
- Profit per employee
- £45.7k
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲8300%
- Now 168
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- R.J. Wilkinson Holdings Limitedultimate parent50–75%
- Mulberry Commercial Developments Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (10)
- Mulberry Property Developments LtdRev. £70.4m · Profit −£4m
- Mulberry Commercial Developments Midlands LimitedRev. £8.7m · Profit £13.1m
- Avidity Hotels (Corby) LtdFigures not disclosed
- Avidity Hotels (Edinburgh) LimitedFigures not disclosed
- Mulberry Commercial Developments II LimitedFigures not disclosed
- Mulberry Commercial Developments LimitedRev. — · Profit −£1.5m
- Mulberry Industrial Properties LimitedRev. — · Profit £1.8m
- Mulberry Strategic Land LimitedFigures not disclosed
- Rothwell Land LimitedRev. — · Profit −£47.2k
- Savoy Cinemas Corby LimitedFigures not disclosed
Sister companies (3)
- R.J. Wilkinson LimitedFigures not disclosed
- Robert Wilkinson Investments LimitedFigures not disclosed
- Rolleston Lodge Classics LimitedFigures not disclosed
Minority corporate shareholders
- JC Tate Holdings Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £7.7m), from the Companies House accounts bulk data published Jan 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.