Dee Baylis Limited
Registered name: DEE BAYLIS LIMITED
Dee Baylis Limited made £6.4m revenue and £286k profit in the year to 31 Mar 2024.
Dee Baylis Limited’s revenue fell 12% to £6.4m in the year to 31 Mar 2024, with £286k profit and 17 employees. The company is classified under “wholesale of hides, skins and leather” and is based in Wigan; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wigan, North West
- Age
- 43 yrs · since 1983
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £6.8m | £7.2m | £6.4m |
| Cost of sales | £5.2m | £5.8m | £5.1m |
| Gross profit | £1.6m | £1.4m | £1.3m |
| Operating profit | £1.1m | £564k | £394k |
| Profit before tax | £1.1m | £566k | £394k |
| Profit after tax | £881k | £454k | £286k |
| Profit (best available) | £881k | £454k | £286k |
| Staff costs | £627k | £594k | £562k |
| Employees (average) | 18 | 18 | 17 |
| Ratios | |||
| Profit margin | 13% | 6.3% | 4.5% |
| Gross margin | 23.2% | 19.9% | 20.3% |
| Revenue per employee | £376k | £403k | £376k |
| Profit per employee | £48.9k | £25.2k | £16.8k |
| Cash conversion | −57.4% | −0.4% | −17.1% |
| Growth (year on year) | |||
| Revenue growth | — | ▲7% | ▼11.7% |
| Profit growth | — | ▼48.4% | ▼37% |
| Headcount growth | — | 0% | ▼5.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £470k | £318k | £221k |
| Net assets | £6.5m | £6.9m | £7.2m |
| Fixed assets | £805k | £801k | £763k |
| Current assets | £6.5m | £7m | £7.2m |
| Debtors | £44.1k | £846k | £579k |
| Cash from operations | −£629k | −£2.2k | −£67.3k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- 4.5%
- Profit ÷ revenue.
- Gross margin
- 20.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £376k
- Revenue ÷ average employees.
- Profit per employee
- £16.8k
- Profit ÷ average employees.
- Cash conversion
- −17.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 11.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9%
- 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
- ▲4%
- Now £7.2m
- Cash at bank
- ▼31%
- Now £221k
- Headcount
- ▼6%
- Now 17
- Deferred income
- —
- Now —
- Fixed assets
- ▼5%
- Now £763k
Similar profitable businesses
- Bradford Hide Company LimitedWest Yorkshire, · Wholesale of hides, skins and leather
- Revenue
- £10.4m
- Profit
- £1.3m
- Staff
- 58
- A & A.k. Butterworth LimitedWorcestershire · Wholesale of hides, skins and leather
- Revenue
- £3.1m
- Profit
- £229k
- Staff
- 20
- The Linwood Fabric Company LimitedBlashford, Ringwood · Wholesale of hides, skins and leather
- Revenue
- £14.4m
- Profit
- £567k
- Staff
- 52
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £286k), from the Companies House accounts bulk data published Oct 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.