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Company No. SC530336 · Incorporated 22 Mar 2016

Mills Milk (Scotland) Ltd

Registered name: MILLS MILK (SCOTLAND) LTD

Mills Milk (Scotland) Ltd made £24.9m revenue and £150k profit in the year to 30 Sep 2025.

Mills Milk (Scotland) Ltd’s revenue grew 23% to £24.9m in the year to 30 Sep 2025, with £150k profit and 148 employees. The company is classified under “wholesale of dairy products, eggs and edible oils and fats” and is based in Glasgow; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46330Wholesale of dairy products, eggs and edible oils and fats
Status
Active
Location
Glasgow, Scotland
Age
10 yrs · since 2016
Type
Private Limited Company
Latest accounts · year to 30 Sep 2025

Key figures

IndependentCapital-lightCash flow filed
Revenue
£24.9m
Growth ▲22.8%
Profit
£150k
Growth ▼18.1%
Profit margin
0.6%
Gross 34%
Employees
148
Change ▲23.3%
Profit / employee
£1k
Revenue/employee £168k
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 to30 Sep 202230 Sep 202330 Sep 202430 Sep 2025
DisclosureNo P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£16.3m£20.3m£24.9m
Cost of sales—£11.4m£13.2m£16.4m
Gross profit—£4.9m£7.1m£8.5m
Operating profit—£162k£282k£302k
Profit before tax—£146k£258k£233k
Profit after tax—£93k£183k£150k
Profit (best available)—£93k£183k£150k
Staff costs—£2.3m£3.8m£4.8m
Employees (average)5074120148
Ratios
Profit margin—0.6%0.9%0.6%
Gross margin—30%34.9%34%
Revenue per employee—£221k£169k£168k
Profit per employee—£1.3k£1.5k£1k
Cash conversion—−325.7%−262%−226.6%
Growth (year on year)
Revenue growth——▲24.1%▲22.8%
Profit growth——▲97.2%▼18.1%
Headcount growth—▲48%▲62.2%▲23.3%
Balance sheet — indirect signals, not revenue
Cash at bank£42.1k£160k£687k£210k
Net assets£322k£345k£429k£459k
Fixed assets£301k£560k£753k£1.9m
Current assets£1.6m£2.1m£2.8m£2.5m
Debtors£1.3m£1.6m£1.6m£1.7m
Cash from operations—−£527k−£738k−£685k
SourceFullAccounts · bulk data May 2024FullAccounts · bulk data May 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
0.6%
Profit ÷ revenue.
Gross margin
34%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£168k
Revenue ÷ average employees.
Profit per employee
£1k
Profit ÷ average employees.
Cash conversion
−226.6%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
7.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
6.9%
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
▲7%
Now £459k
Cash at bank
▼69%
Now £210k
Headcount
▲23%
Now 148
Deferred income
—
Now —
Fixed assets
▲151%
Now £1.9m
Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £150k), 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.