Carpenter & Paterson Limited
Registered name: CARPENTER & PATERSON LIMITED
Part of Jonathan Lee Holdings Limited groupCarpenter & Paterson Limited made £8.8m revenue and £550k profit in the year to 31 Dec 2025.
Carpenter & Paterson Limited’s revenue fell 10% to £8.8m in the year to 31 Dec 2025, with £550k profit and 112 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Welshpool; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Welshpool, West Midlands
- Age
- 70 yrs · since 1956
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £8.1m | £7.4m | £9.8m | £8.8m |
| Cost of sales | £4.5m | £3.9m | £5.1m | £4.1m |
| Gross profit | £3.7m | £3.5m | £4.7m | £4.8m |
| Operating profit | £248k | £177k | £460k | £346k |
| Profit before tax | £522k | £322k | £1.8m | £754k |
| Profit after tax | £427k | £251k | £1.6m | £550k |
| Profit (best available) | £427k | £251k | £1.6m | £550k |
| Staff costs | £4m | £3.7m | £4.7m | £4.7m |
| Employees (average) | 108 | 96 | 107 | 112 |
| Ratios | ||||
| Profit margin | 5.2% | 3.4% | 16.2% | 6.2% |
| Gross margin | 45.1% | 47.3% | 48.2% | 53.9% |
| Revenue per employee | £75.3k | £76.8k | £91.5k | £79k |
| Profit per employee | £4k | £2.6k | £14.8k | £4.9k |
| Cash conversion | 366.6% | −522.4% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼9.4% | ▲32.9% | ▼9.7% |
| Profit growth | — | ▼41.2% | ▲530.5% | ▼65.3% |
| Headcount growth | — | ▼11.1% | ▲11.5% | ▲4.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £295k | £516k | £1m | £723k |
| Net assets | £7.2m | £7.2m | £8m | £7.8m |
| Fixed assets | £5.7m | £5.6m | £5.7m | £5.8m |
| Current assets | £3.7m | £3m | £4.1m | £3.6m |
| Debtors | £1.9m | £1.3m | £1.4m | £1.3m |
| Deferred income | £411k | £261k | £432k | £300k |
| Cash from operations | £909k | −£923k | — | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 6.2%
- Profit ÷ revenue.
- Gross margin
- 53.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £79k
- Revenue ÷ average employees.
- Profit per employee
- £4.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 65.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.2%
- 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
- ▼2%
- Now £7.8m
- Cash at bank
- ▼29%
- Now £723k
- Headcount
- ▲5%
- Now 112
- Deferred income
- ▼30%
- Now £300k
- Fixed assets
- ▲2%
- Now £5.8m
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
- Jonathan Lee Holdings Limitedultimate parent75–100%
- Carpenter & Paterson (Holdings) Limited75–100%
- Carpenter & Paterson 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
- Kempston LimitedTaunton · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £8.8m
- Profit
- £738k
- Staff
- 66
- Valen Fittings LimitedAldridge · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £9.1m
- Profit
- £762k
- Staff
- 76
- Tube Manipulation and Assembly LimitedManchester · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £8.6m
- Profit
- £202k
- Staff
- 94
- Fife Fabrications LimitedFife · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £9.1m
- Profit
- £495k
- Staff
- 94
- Ewart Engineering LimitedDumfriesshire · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £8.5m
- Profit
- £347k
- Staff
- 79
- Express Engineering (Fabrications) LimitedGateshead · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £9.2m
- Profit
- £878k
- Staff
- 54
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £550k), 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.