How much does Frame Homes (South West) Limited make?

Frame Homes (South West) Limited reported revenue of £10.7m and £189k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Frame Homes (South West) Limited have?

Frame Homes (South West) Limited reported an average of 73 employees in the year to 31 Dec 2024.

Is Frame Homes (South West) Limited profitable?

Yes — Frame Homes (South West) Limited reported a profit of £189k in the year to 31 Dec 2024.

Company No. 01163128 · Incorporated 15 Mar 1974

Frame Homes (South West) Limited

Registered name: FRAME HOMES (SOUTH WEST) LIMITED

Part of Bob Pepper Holdings Limited group

Frame Homes (South West) Limited made £10.7m revenue and £189k profit in the year to 31 Dec 2024.

Frame Homes (South West) Limited’s revenue grew 8% to £10.7m in the year to 31 Dec 2024, with £189k profit and 73 employees. The company is classified under “other construction installation” and is based in Redruth; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43290Other construction installation

Status: Active
Location: Redruth, South West
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: “Bob Pepper Holdings Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Doing more with lessBoring industry

Revenue

£10.7m

Growth ▲7.8%

Profit

£189k

Growth ▲3.1%

Profit margin

1.8%

Gross 29.3%

Employees

Change ▼9.9%

Profit / employee

£2.6k

Revenue/employee £146k

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.

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&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11m	£9.9m	£10.7m
Cost of sales	£7.8m	£6.9m	£7.5m
Gross profit	£3.1m	£3m	£3.1m
Operating profit	£538k	£292k	£284k
Profit before tax	£484k	£240k	£242k
Profit after tax	£379k	£184k	£189k
Profit (best available)	£379k	£184k	£189k
Staff costs	£2.5m	£2.5m	£2.7m
Employees (average)	81	81	73
Ratios
Profit margin	3.5%	1.8%	1.8%
Gross margin	28.5%	30.1%	29.3%
Revenue per employee	£135k	£122k	£146k
Profit per employee	£4.7k	£2.3k	£2.6k
Growth (year on year)
Revenue growth	—	▼9.8%	▲7.8%
Profit growth	—	▼51.6%	▲3.1%
Headcount growth	—	0%	▼9.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£1m	£1.1m	£1.2m
Net assets	£7.2m	£7.4m	£7.6m
Fixed assets	£5.3m	£5.3m	£5.2m
Current assets	£5.9m	£5.7m	£6.1m
Debtors	£774k	£553k	£799k
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 1.8%; Profit ÷ revenue.
Gross margin: 29.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £146k; Revenue ÷ average employees.
Profit per employee: £2.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 48.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.5%; 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: ▲3%; Now £7.6m
Cash at bank: ▲14%; Now £1.2m
Headcount: ▼10%; Now 73
Deferred income: —; Now —
Fixed assets: ▼2%; Now £5.2m

Corporate ownership

Group structure

Ownership chain

Bob Pepper Holdings Limitedultimate parent75–100%
Frame Homes (South West) Limitedthis company

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

Subsidiaries (2)

Frame Homes LimitedFigures not disclosed
Frame UK LimitedFigures not disclosed

Sister companies (2)

Millennium Motorsport (UK) LimitedFigures not disclosed
Practical Developments (South West) LimitedFigures not disclosed

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 Dec 2024 (profit £189k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 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.