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Company No. 13181331 · Incorporated 5 Feb 2021

Milestone West Limited

Registered name: MILESTONE WEST LIMITED

Part of Milestone Group Investments Limited group

Milestone West Limited made £14m revenue and £456k profit in the year to 31 Dec 2024.

Milestone West Limited’s revenue grew 43% to £14m in the year to 31 Dec 2024, with £456k profit and 24 employees. The company is classified under “other specialised construction activities” and is based in Barnet; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.
Status
Active
Location
Barnet, East of England
Age
5 yrs · since 2021
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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightYoung and profitableBoring industry
Revenue
£14m
Growth ▲43.1%
Profit
£456k
Growth ▲16.7%
Profit margin
3.3%
Gross 18.9%
Employees
24
Change ▲166.7%
Profit / employee
£19k
Revenue/employee £584k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£9.8m£14m
Cost of sales—£8m£11.4m
Gross profit—£1.8m£2.6m
Operating profit—£392k£536k
Profit before tax—£392k£529k
Profit after tax—£391k£456k
Profit (best available)—£391k£456k
Staff costs—£214k£464k
Employees (average)5924
Ratios
Profit margin—4%3.3%
Gross margin—18.1%18.9%
Revenue per employee—£1.1m£584k
Profit per employee—£43.4k£19k
Growth (year on year)
Revenue growth——▲43.1%
Profit growth——▲16.7%
Headcount growth—▲80%▲166.7%
Balance sheet — indirect signals, not revenue
Cash at bank£202k£55.9k£747k
Net assets£21.5k£412k£818k
Fixed assets£1.6k£5.7k£3.3k
Current assets£3.4m£2m£3.6m
Debtors£306k£748k£368k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
3.3%
Profit ÷ revenue.
Gross margin
18.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£584k
Revenue ÷ average employees.
Profit per employee
£19k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
2.6%
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
▲98%
Now £818k
Cash at bank
▲1237%
Now £747k
Headcount
▲167%
Now 24
Deferred income
—
Now —
Fixed assets
▼42%
Now £3.3k
Corporate ownership

Group structure

Ownership chain

  1. Milestone Group Investments Limitedultimate parent75–100%
  2. Milestone West Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (9)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £456k), from the Companies House accounts bulk data published Sep 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.