How much does Salboy Midco Limited make?

Salboy Midco Limited reported revenue of £15m and £256k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Salboy Midco Limited have?

Salboy Midco Limited reported an average of 2 employees in the year to 31 Mar 2025.

Is Salboy Midco Limited profitable?

Yes — Salboy Midco Limited reported a profit of £256k in the year to 31 Mar 2025.

Company No. 14525541 · Incorporated 6 Dec 2022

Salboy Midco Limited

Registered name: SALBOY MIDCO LIMITED

Part of Fred Done Property Trading Group Limited group

Salboy Midco Limited made £15m revenue and £256k profit in the year to 31 Mar 2025.

Salboy Midco Limited’s revenue grew 31% to £15m in the year to 31 Mar 2025, with £256k profit and 2 employees. The company is classified under “other business support service activities” and is based in Salford; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Salford, North West
Age: 3 yrs · since 2022
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.

Latest accounts · year to 31 Mar 2025

Key figures

Small teamYoung and profitableOperating leverageCash flow filed

Revenue

£15m

Growth ▲30.9%

Profit

£256k

Growth ▲39.3%

Profit margin

1.7%

Gross 2.9%

Employees

Change 0%

Profit / employee

£128k

Revenue/employee £7.5m

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 to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£11.5m	£15m
Cost of sales	—	£10.6m	£14.6m
Gross profit	—	£856k	£435k
Operating profit	—	£372k	£407k
Profit before tax	—	£245k	£341k
Profit after tax	−£10.8k	£184k	£256k
Profit (best available)	−£10.8k	£184k	£256k
Employees (average)	2	2	2
Ratios
Profit margin	—	1.6%	1.7%
Gross margin	—	7.4%	2.9%
Revenue per employee	—	£5.7m	£7.5m
Profit per employee	−£5.4k	£91.9k	£128k
Cash conversion	—	−11416%	−6477%
Growth (year on year)
Revenue growth	—	—	▲30.9%
Profit growth	—	—	▲39.3%
Headcount growth	—	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.5m	£428k	£3.6m
Net assets	−£10.6k	£173k	£429k
Current assets	£101m	£158m	£210m
Debtors	£96.1m	£158m	£206m
Cash from operations	—	−£42.4m	−£26.3m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 2.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £7.5m; Revenue ÷ average employees.
Profit per employee: £128k; Profit ÷ average employees.
Cash conversion: −6477%; 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: 1373%; 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: ▲148%; Now £429k
Cash at bank: ▲745%; Now £3.6m
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Fred Done Property Trading Group Limitedultimate parent75–100%
Salboy Limited75–100%
Salboy Midco Limitedthis company

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

Subsidiaries (2)

Salboy BP LimitedFigures not disclosed
Salboy Partnerships LimitedFigures not disclosed

Sister companies (10)

Salboy International LimitedRev. £25.7m · Profit £5.5m
F.r.e.d.s. Timberframe LimitedFigures not disclosed
Ingersley Crescent LimitedFigures not disclosed
Salboy (Narrowcliff Newquay) LimitedFigures not disclosed
Salboy (SPV Co 3) LimitedFigures not disclosed
Salboy Construction Management LimitedFigures not disclosed
Salboy Property LimitedFigures not disclosed
Salboy Property Management LimitedFigures not disclosed
Salboy Real Estate LimitedFigures not disclosed
Salboy ST Ives LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £256k), 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.