How much does B. Mundell Limited make?

B. Mundell Limited reported revenue of £9.3m and £490k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does B. Mundell Limited have?

B. Mundell Limited reported an average of 54 employees in the year to 31 May 2025.

Is B. Mundell Limited profitable?

Yes — B. Mundell Limited reported a profit of £490k in the year to 31 May 2025.

Company No. SC054931 · Incorporated 25 Jan 1974

B. Mundell Limited

Registered name: B. MUNDELL LIMITED

Part of B. Mundell Holdings Limited group

B. 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.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

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.”

Latest accounts · year to 31 May 2025

Key figures

Boring industry

Revenue

£9.3m

Growth ▲1%

Profit

£490k

Growth ▼12.3%

Profit margin

5.3%

Gross 13.2%

Employees

Change ▲3.9%

Profit / employee

£9.1k

Revenue/employee £172k

Profitable streak

3yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
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

Derived from the latest filing

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.

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: ▲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.

Corporate ownership

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).

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 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.