How much does Fourstones Paper Mill Company Limited make?

Fourstones Paper Mill Company Limited reported revenue of £38.7m and £207k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Fourstones Paper Mill Company Limited have?

Fourstones Paper Mill Company Limited reported an average of 190 employees in the year to 31 Mar 2025.

Is Fourstones Paper Mill Company Limited profitable?

Yes — Fourstones Paper Mill Company Limited reported a profit of £207k in the year to 31 Mar 2025.

Company No. 00509221 · Incorporated 26 Jun 1952

Fourstones Paper Mill Company Limited

Registered name: FOURSTONES PAPER MILL COMPANY LIMITED

Part of Sandco F.P.S Limited group

Fourstones Paper Mill Company Limited made £38.7m revenue and £207k profit in the year to 31 Mar 2025. read from filing text

Fourstones Paper Mill Company Limited’s revenue fell 13% to £38.7m in the year to 31 Mar 2025, with £207k profit and 190 employees. The company is classified under “manufacture of paper and paperboard” and is based in Hexham; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 17120Manufacture of paper and paperboard

Status: Active
Location: Hexham, North East
Age: 74 yrs · since 1952
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 parent company is Sandco FPS Limited, a company registered in England and Wales and the ultimate controlling parties are Mr P G Duxbury, the director and Mrs P Duxbury, his wife.”

Latest accounts · year to 31 Mar 2025

Key figures

Cash flow filed

Revenue

£38.7m

Growth ▼12.6%

Profit

£207k

Growth ▼95.6%

Profit margin

0.5%

Gross 11.5%

Employees

190

Change ▲4.4%

Profit / employee

£1.1k

Revenue/employee £204k

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
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
Profit & loss
Revenue (turnover)	£34.1m	£50m	£44.2m	£38.7m
Cost of sales	£31.3m	£34.5m	£32.7m	£34.2m
Gross profit	£2.8m	£15.5m	£11.6m	£4.5m
Operating profit	−£1.2m	£10.6m	£6.8m	£617k
Profit before tax	−£1.4m	£10.3m	£6.6m	£554k
Profit after tax	−£1.7m	£8.2m	£4.7m	£207k
Profit (best available)	−£1.7m	£8.2m	£4.7m	£207k
Staff costs	£5.9m	£6.9m	£7.2m	£8m
Employees (average)	172	175	182	190
Ratios
Profit margin	−5%	16.4%	10.7%	0.5%
Gross margin	8.3%	31%	26.1%	11.5%
Revenue per employee	£198k	£286k	£243k	£204k
Profit per employee	−£10k	£46.8k	£26k	£1.1k
Cash conversion	—	−78.8%	−193.7%	−239%
Growth (year on year)
Revenue growth	—	▲46.6%	▼11.5%	▼12.6%
Profit growth	—	—	▼42.2%	▼95.6%
Headcount growth	—	▲1.7%	▲4%	▲4.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£1.8m	£5m	£672k
Net assets	£8.6m	£16.2m	£20.3m	£20.2m
Fixed assets	£15.4m	£16.2m	£20.3m	£24m
Current assets	£12.4m	£16m	£15.9m	£11.9m
Debtors	£7.6m	£9.1m	£7.7m	£6.3m
Deferred income	£568k	£853k	£1.2m	£177k
Cash from operations	−£605k	−£8.4m	−£13.1m	−£1.5m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0.5%; Profit ÷ revenue.
Gross margin: 11.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £204k; Revenue ÷ average employees.
Profit per employee: £1.1k; Profit ÷ average employees.
Cash conversion: −239%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 62.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.3%; 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: ▼1%; Now £20.2m
Cash at bank: ▼87%; Now £672k
Headcount: ▲4%; Now 190
Deferred income: ▼85%; Now £177k
Fixed assets: ▲18%; Now £24m

Corporate ownership

Group structure

Ownership chain

Sandco F.P.S Limited (registered outside the UK register)ultimate parent75–100%
Fourstones Paper Mill Company 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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £207k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 14 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.