How much does Pelican Engineering Company (Sales), Limited make?

Pelican Engineering Company (Sales), Limited reported revenue of £109m and £6m profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Pelican Engineering Company (Sales), Limited have?

Pelican Engineering Company (Sales), Limited reported an average of 180 employees in the year to 31 Mar 2024.

Is Pelican Engineering Company (Sales), Limited profitable?

Yes — Pelican Engineering Company (Sales), Limited reported a profit of £6m in the year to 31 Mar 2024.

Company No. 01589678 · Incorporated 6 Oct 1981

Pelican Engineering Company (Sales), Limited

Registered name: PELICAN ENGINEERING COMPANY (SALES), LIMITED

Part of Pelican Engineering Co. Limited group

Pelican Engineering Company (Sales), Limited made £109m revenue and £6m profit in the year to 31 Mar 2024. read from filing text

Pelican Engineering Company (Sales), Limited’s revenue grew 12% to £109m in the year to 31 Mar 2024, with £6m profit and 180 employees. The company is classified under “sale of other motor vehicles” and is based in Castleford; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45190Sale of other motor vehicles SIC 45200Maintenance and repair of motor vehicles SIC 45320Retail trade of motor vehicle parts and accessories

Status: Active
Location: Castleford, Yorkshire and The Humber
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 2024

Key figures

Capital-lightOperating leverage

Revenue

£109m

Growth ▲12.4%

Profit

£6m

Growth ▲246.7%

Profit margin

5.5%

Gross 18.9%

Employees

180

Change ▲13.9%

Profit / employee

£33.3k

Revenue/employee £604k

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 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£72.6m	£96.7m	£109m
Cost of sales	£58.8m	£84.1m	£88.2m
Gross profit	£13.8m	£12.6m	£20.5m
Operating profit	£5.3m	£3m	£8.6m
Profit before tax	£5.3m	£2.2m	£8.1m
Profit after tax	£4.3m	£1.7m	£6m
Profit (best available)	£4.3m	£1.7m	£6m
Staff costs	£6.9m	£7.5m	£9.6m
Employees (average)	150	158	180
Ratios
Profit margin	5.9%	1.8%	5.5%
Gross margin	19%	13%	18.9%
Revenue per employee	£484k	£612k	£604k
Profit per employee	£28.7k	£10.9k	£33.3k
Growth (year on year)
Revenue growth	—	▲33.3%	▲12.4%
Profit growth	—	▼59.9%	▲246.7%
Headcount growth	—	▲5.3%	▲13.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.9m	£12.1m	£27.4m
Net assets	£6.6m	£4.1m	£5.7m
Fixed assets	£1.2m	£1.6m	£2m
Current assets	£20.9m	£30.3m	£57m
Debtors	£3.1m	£8.2m	£12.2m
Deferred income	£551k	£2.3m	£1.8m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Nov 2024

Derived from the latest filing

How the business works

Profit margin: 5.5%; Profit ÷ revenue.
Gross margin: 18.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £604k; Revenue ÷ average employees.
Profit per employee: £33.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.3%; 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: ▲40%; Now £5.7m
Cash at bank: ▲125%; Now £27.4m
Headcount: ▲14%; Now 180
Deferred income: ▼19%; Now £1.8m
Fixed assets: ▲21%; Now £2m

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

Pelican Engineering Co. Limitedultimate parent75–100%
Pelican Engineering Company (Sales), 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 2024 (profit £6m), from the Companies House accounts bulk data published Nov 2024. 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.