How much does Pinewood Structures Limited make?

Pinewood Structures Limited reported revenue of £14.6m and £2.5k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Pinewood Structures Limited have?

Pinewood Structures Limited reported an average of 82 employees in the year to 31 Mar 2023.

Is Pinewood Structures Limited profitable?

Yes — Pinewood Structures Limited reported a profit of £2.5k in the year to 31 Mar 2023.

Company No. 01560406 · Incorporated 11 May 1981

Pinewood Structures Limited

Registered name: PINEWOOD STRUCTURES LIMITED

Part of Lagan GB Holdco 2 Limited group

Pinewood Structures Limited made £14.6m revenue and £2.5k profit in the year to 31 Mar 2023.

Pinewood Structures Limited’s revenue fell 20% to £14.6m in the year to 31 Mar 2023, with £2.5k profit and 82 employees. The company is classified under “manufacture of other builders' carpentry and joinery” and is based in Sandy; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 16230Manufacture of other builders' carpentry and joinery SIC 41201Construction of commercial buildings SIC 41202Construction of domestic buildings

Status: Active
Location: Sandy, East of England
Age: 45 yrs · since 1981
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.

Latest accounts · year to 31 Mar 2023

Key figures

Capital-lightCash flow filed

Revenue

£14.6m

Growth ▼20.2%

Profit

£2.5k

Growth ▼99.8%

Profit margin

Gross 21.9%

Employees

Change ▲2.5%

Profit / employee

£31

Revenue/employee £178k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£18.3m	£14.6m
Cost of sales	£13.6m	£11.4m
Gross profit	£4.7m	£3.2m
Operating profit	£1.4m	£2.1k
Profit before tax	£1.4m	£23.6k
Profit after tax	£1.2m	£2.5k
Profit (best available)	£1.2m	£2.5k
Staff costs	£3.7m	£3.4m
Employees (average)	80	82
Ratios
Profit margin	6.5%	0%
Gross margin	25.9%	21.9%
Revenue per employee	£229k	£178k
Profit per employee	£15k	£31
Cash conversion	11%	−29407%
Growth (year on year)
Revenue growth	—	▼20.2%
Profit growth	—	▼99.8%
Headcount growth	—	▲2.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£3m	£2.8m
Net assets	£5.1m	£4.6m
Fixed assets	£476k	£631k
Current assets	£8.8m	£7.8m
Debtors	£2.5m	£2.6m
Deferred income	£948k	£755k
Cash from operations	£153k	−£611k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: 21.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £178k; Revenue ÷ average employees.
Profit per employee: £31; Profit ÷ average employees.
Cash conversion: −29407%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.7%; 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: ▼10%; Now £4.6m
Cash at bank: ▼7%; Now £2.8m
Headcount: ▲3%; Now 82
Deferred income: ▼20%; Now £755k
Fixed assets: ▲33%; Now £631k

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

Lagan GB Holdco 2 Limitedultimate parent75–100%
Lagan Infrastructure Limited75–100%
Pinewood Holdings (N.i.) Limited75–100%
Pinewood Structures Holdings Limited75–100%
Pinewood Structures 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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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £2.5k), from the Companies House accounts bulk data published Dec 2023. 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.