B. Mundell Limited
Registered name: B. MUNDELL LIMITED
Part of B. Mundell Holdings Limited groupB. Mundell Limited made £9.3m revenue and £490k profit in the year to 31 May 2025. read from filing text
B. Mundell Limited’s revenue grew 1% to £9.3m in the year to 31 May 2025, with £490k profit and 54 employees. The company is classified under “freight transport by road” and is based in Argyll; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Argyll, Scotland
- Age
- 52 yrs · since 1974
- 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. From the filing: “The ultimate parent company is B Mundell Holdings Limited, a company registered in Scotland.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £9.5m | £9.2m | £9.3m |
| Cost of sales | — | £8.1m | £7.9m | £8m |
| Gross profit | — | £1.4m | £1.3m | £1.2m |
| Operating profit | — | £987k | £742k | £657k |
| Profit before tax | — | £987k | £741k | £657k |
| Profit after tax | — | £770k | £558k | £490k |
| Profit (best available) | — | £770k | £558k | £490k |
| Staff costs | — | £2.4m | £2.4m | £2.6m |
| Employees (average) | 55 | 58 | 52 | 54 |
| Ratios | ||||
| Profit margin | — | 8.1% | 6.1% | 5.3% |
| Gross margin | — | 14.4% | 13.8% | 13.2% |
| Revenue per employee | — | £164k | £177k | £172k |
| Profit per employee | — | £13.3k | £10.7k | £9.1k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼3.4% | ▲1% |
| Profit growth | — | — | ▼27.5% | ▼12.3% |
| Headcount growth | — | ▲5.5% | ▼10.3% | ▲3.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £925k | £1.2m | £1.6m | £1.5m |
| Net assets | £3.8m | £4.5m | £5.1m | £5.6m |
| Fixed assets | £2.5m | £2.9m | £3.2m | £3.3m |
| Current assets | £2.6m | £3.7m | £3.8m | £4.2m |
| Debtors | £1.4m | £2.1m | £1.6m | £2m |
| Deferred income | — | £399k | £262k | £276k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 5.3%
- Profit ÷ revenue.
- Gross margin
- 13.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £172k
- Revenue ÷ average employees.
- Profit per employee
- £9.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 35.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21.5%
- 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
- ▲10%
- Now £5.6m
- Cash at bank
- ▼8%
- Now £1.5m
- Headcount
- ▲4%
- Now 54
- Deferred income
- ▲5%
- Now £276k
- Fixed assets
- ▲2%
- Now £3.3m
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
- B. Mundell Holdings Limitedultimate parent75–100%
- B. Mundell Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Gerry Jones Transport Services LimitedNewport · Freight transport by road
- Revenue
- £9.3m
- Profit
- £353k
- Staff
- 79
- J. R. Adams (Newcastle) LimitedSwalwell · Freight transport by road
- Revenue
- £9.3m
- Profit
- £959k
- Staff
- 57
- Barnes Logistics LimitedRochdale · Freight transport by road
- Revenue
- £9.3m
- Profit
- £121k
- Staff
- 88
- T.w.e. Haulage LimitedBanbury · Freight transport by road
- Revenue
- £9.2m
- Profit
- £286k
- Staff
- 48
- Urban Logistics (UK) LimitedHampshire · Freight transport by road
- Revenue
- £9.4m
- Profit
- £486k
- Staff
- 24
- N.J. Docksey LimitedLeek · Freight transport by road
- Revenue
- £9.2m
- Profit
- £587k
- Staff
- 64
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £490k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.
Updated from Companies House on 17 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.