Mulberry Commercial Developments Midlands Limited
Registered name: MULBERRY COMMERCIAL DEVELOPMENTS MIDLANDS LIMITED
Part of R.J. Wilkinson Holdings Limited groupMulberry Commercial Developments Midlands Limited made £8.7m revenue and £13.1m profit in the year to 31 Mar 2025.
Mulberry Commercial Developments Midlands Limited’s revenue fell 65% to £8.7m in the year to 31 Mar 2025, with £13.1m profit and 3 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
- 7 yrs · since 2019
- 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
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
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 | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £6.7m | £25.2m | £8.7m |
| Cost of sales | — | £77.5k | £24.4m | £5.8m |
| Gross profit | — | £6.7m | £808k | £3m |
| Operating profit | — | £6.4m | −£660k | £2.8m |
| Profit before tax | — | £17.7m | −£492k | £13.2m |
| Profit after tax | — | £16.5m | −£380k | £13.1m |
| Profit (best available) | — | £16.5m | −£380k | £13.1m |
| Employees (average) | 3 | 3 | 3 | 3 |
| Ratios | ||||
| Profit margin | — | 245.7% | −1.5% | 149.4% |
| Gross margin | — | 98.9% | 3.2% | 34% |
| Revenue per employee | — | £2.2m | £8.4m | £2.9m |
| Profit per employee | — | £5.5m | −£127k | £4.4m |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲274% | ▼65.3% |
| Profit growth | — | — | ▼102.3% | — |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £40.4k | £5m | £4.3m | £2.3m |
| Net assets | £2.2m | £18.8m | £18.4m | £21.4m |
| Fixed assets | £713k | £5.7m | £5.7m | £5.7m |
| Current assets | £2.9m | £13.2m | £12.9m | £16.1m |
| Debtors | £2.7m | £56.4k | £23.1k | £5.5m |
| Deferred income | £21.1k | £14.7k | £5k | £10.3k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 149.4%
- Profit ÷ revenue.
- Gross margin
- 34%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.9m
- Revenue ÷ average employees.
- Profit per employee
- £4.4m
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 65.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 62.4%
- 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
- ▲17%
- Now £21.4m
- Cash at bank
- ▼45%
- Now £2.3m
- Headcount
- 0%
- Now 3
- Deferred income
- ▲105%
- Now £10.3k
- Fixed assets
- 0%
- Now £5.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- R.J. Wilkinson Holdings Limitedultimate parent50–75%
- Mulberry Commercial Developments Holdings Limited75–100%
- Mulberry Commercial Developments Midlands Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Mulberry Logistics Park Doncaster LimitedRev. £27.5m · Profit £8.5m
Sister companies (9)
- Mulberry Property Developments LtdRev. £70.4m · Profit −£4m
- 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
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- M J Hillson LimitedBedfordshire · Development of building projects
- Revenue
- £8.8m
- Profit
- £180k
- Staff
- 24
- Tulloch Developments LimitedShetland · Development of building projects
- Revenue
- £8.6m
- Profit
- £1.7m
- Staff
- 33
- Yellow City LimitedSlough · Development of building projects
- Revenue
- £8.9m
- Profit
- £2.6m
- Staff
- 27
- Two Rivers Developments LimitedNewent · Development of building projects
- Revenue
- £9m
- Profit
- £256k
- Staff
- —
- James Macqueen Building Contractors LimitedIsle of Skye · Development of building projects
- Revenue
- £8.5m
- Profit
- £313k
- Staff
- 51
- WCHS Dbfmco LimitedEdinburgh · Development of building projects
- Revenue
- £8.5m
- Profit
- £94.9k
- Staff
- —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £13.1m), from the Companies House accounts bulk data published Dec 2025. 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.