How much does Hexpol Manchester Ltd make?

Hexpol Manchester Ltd reported revenue of £41.8m and £1.9m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Hexpol Manchester Ltd have?

Hexpol Manchester Ltd reported an average of 137 employees in the year to 31 Dec 2024.

Is Hexpol Manchester Ltd profitable?

Yes — Hexpol Manchester Ltd reported a profit of £1.9m in the year to 31 Dec 2024.

Company No. 00524814 · Incorporated 19 Oct 1953

Hexpol Manchester Ltd

Registered name: HEXPOL MANCHESTER LTD

Part of Hexpol Ab group

Hexpol Manchester Ltd made £41.8m revenue and £1.9m profit in the year to 31 Dec 2024.

Hexpol Manchester Ltd’s revenue fell 5% to £41.8m in the year to 31 Dec 2024, with £1.9m profit and 137 employees. The company is classified under “manufacture of other rubber products” and is based in Dukinfield; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22190Manufacture of other rubber products

Status: Active
Location: Dukinfield, North West
Age: 72 yrs · since 1953
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 Hexpol AB, a company registered in Sweden.”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£41.8m

Growth ▼5.5%

Profit

£1.9m

Growth ▲36.1%

Profit margin

4.6%

Gross 40.7%

Employees

137

Change ▼11%

Profit / employee

£14.1k

Revenue/employee £305k

Profitable streak

2yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£51.3m	£44.2m	£41.8m
Cost of sales	£33.2m	£27.4m	£24.8m
Gross profit	£18.1m	£16.8m	£17m
Operating profit	£1.1m	£1.7m	£2.2m
Profit before tax	−£1.3m	£2m	£2.7m
Profit after tax	−£908k	£1.4m	£1.9m
Profit (best available)	−£908k	£1.4m	£1.9m
Staff costs	£7.5m	£6.8m	£6.8m
Employees (average)	192	154	137
Ratios
Profit margin	−1.8%	3.2%	4.6%
Gross margin	35.3%	38%	40.7%
Revenue per employee	£267k	£287k	£305k
Profit per employee	−£4.7k	£9.2k	£14.1k
Growth (year on year)
Revenue growth	—	▼13.9%	▼5.5%
Profit growth	—	—	▲36.1%
Headcount growth	—	▼19.8%	▼11%
Balance sheet — indirect signals, not revenue
Cash at bank	£4m	£6.2m	£6.4m
Net assets	£16.2m	£17.7m	£19.6m
Fixed assets	£6m	£6.2m	£6.1m
Current assets	£33m	£33.8m	£36.3m
Debtors	£12m	£8.1m	£8.4m
Deferred income	£1.9m	£2m	£2.2m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 4.6%; Profit ÷ revenue.
Gross margin: 40.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £305k; Revenue ÷ average employees.
Profit per employee: £14.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 14.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.1%; 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: ▲11%; Now £19.6m
Cash at bank: ▲5%; Now £6.4m
Headcount: ▼11%; Now 137
Deferred income: ▲10%; Now £2.2m
Fixed assets: ▼1%; Now £6.1m

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

Hexpol Ab (registered outside the UK register)ultimate parent75–100%
Berwin Group Limited75–100%
Hexpol Manchester Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Berwin of Lydney LimitedFigures not disclosed
Flexi-Cell (UK) LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.9m), from the Companies House accounts bulk data published Sep 2025. 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.