How much does M & G Solid Fuels LLP make?

M & G Solid Fuels LLP reported revenue of £30m and £6.6m profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does M & G Solid Fuels LLP have?

M & G Solid Fuels LLP reported an average of 26 employees in the year to 31 Mar 2026.

Is M & G Solid Fuels LLP profitable?

Yes — M & G Solid Fuels LLP reported a profit of £6.6m in the year to 31 Mar 2026.

Company No. OC334054 · Incorporated 11 Jan 2008

M & G Solid Fuels LLP

Registered name: M & G SOLID FUELS LLP

M & G Solid Fuels LLP made £30m revenue and £6.6m profit in the year to 31 Mar 2026. read from filing text

M & G Solid Fuels LLP’s revenue fell 4% to £30m in the year to 31 Mar 2026, with £6.6m profit and 26 employees. The company is based in Mainsforth Terrace; we hold 5 years of its filed accounts.

Full P&L filed

Status: Active
Location: Mainsforth Terrace, North East
Age: 18 yrs · since 2008
Type: Limited Liability Partnership

Latest accounts · year to 31 Mar 2026

Key figures

Independent

Revenue

£30m

Growth ▼4%

Profit

£6.6m

Growth ▲27%

Profit margin

22.1%

Gross 26.6%

Employees

Change ▼3.7%

Profit / employee

£255k

Revenue/employee £1.2m

Profitable streak

5yrs

Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£22.8m	£44.1m	£37.1m	£31.2m	£30m
Cost of sales	£17.9m	£32m	£30m	£25m	£22m
Gross profit	£4.9m	£12.1m	£7.1m	£6.2m	£8m
Operating profit	£4.1m	£11.2m	£6.1m	£5.2m	£6.7m
Profit after tax	£4m	£11m	£5.9m	£5.2m	£6.6m
Profit (best available)	£4m	£11m	£5.9m	£5.2m	£6.6m
Employees (average)	21	24	25	27	26
Ratios
Profit margin	17.8%	25%	16%	16.7%	22.1%
Gross margin	21.5%	27.5%	19.1%	20%	26.6%
Revenue per employee	£1.1m	£1.8m	£1.5m	£1.2m	£1.2m
Profit per employee	£193k	£460k	£238k	£194k	£255k
Growth (year on year)
Revenue growth	—	▲93.7%	▼15.9%	▼15.8%	▼4%
Profit growth	—	▲172.9%	▼46.1%	▼12.1%	▲27%
Headcount growth	—	▲14.3%	▲4.2%	▲8%	▼3.7%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—	—	—
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Oct 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 22.1%; Profit ÷ revenue.
Gross margin: 26.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.2m; Revenue ÷ average employees.
Profit per employee: £255k; 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.

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: —; Now —
Cash at bank: —; Now —
Headcount: ▼4%; Now 26
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £6.6m), from the Companies House accounts bulk data published Aug 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.