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Company No. 02075421 · Incorporated 19 Nov 1986

PRV Engineering Limited

Registered name: PRV ENGINEERING LIMITED

Part of Aesop UK Limited group

PRV Engineering Limited made £9m revenue and £1.9m profit in the year to 31 Dec 2024.

PRV Engineering Limited’s revenue grew 55% to £9m in the year to 31 Dec 2024, with £1.9m profit and 60 employees. The company is classified under “machining” and is based in Pontypool; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25620Machining
Status
Active
Location
Pontypool, Wales
Age
39 yrs · since 1986
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 Dec 2024

Key figures

Operating leverageCash flow filed
Revenue
£9m
Growth ▲54.5%
Profit
£1.9m
Growth ▲85.1%
Profit margin
21%
Gross 45.2%
Employees
60
Change ▲11.1%
Profit / employee
£31.6k
Revenue/employee £150k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£7m£5m£5.8m£9m
Cost of sales£3.5m£2.3m£3m£4.9m
Gross profit£3.6m£2.6m£2.8m£4.1m
Operating profit£2m£1.2m£1.4m£2.3m
Profit before tax£2m£1.2m£1.4m£2.4m
Profit after tax£1.6m£941k£1m£1.9m
Profit (best available)£1.6m£941k£1m£1.9m
Staff costs£1.9m£1.8m£1.9m£2.5m
Employees (average)64445460
Ratios
Profit margin22.3%18.9%17.5%21%
Gross margin50.9%53%48%45.2%
Revenue per employee£110k£113k£108k£150k
Profit per employee£24.6k£21.4k£18.9k£31.6k
Cash conversion——105.8%132.7%
Growth (year on year)
Revenue growth—▼29.3%▲17%▲54.5%
Profit growth—▼40.2%▲8.7%▲85.1%
Headcount growth—▼31.3%▲22.7%▲11.1%
Balance sheet — indirect signals, not revenue
Cash at bank£2m£1.8m£2.8m£3.3m
Net assets£5.9m£6.6m£7.4m£7.5m
Fixed assets£2.4m£2.1m£1.9m£2.2m
Current assets£6m£6.3m£7.3m£7.9m
Debtors£1.2m£1.1m£688k£2m
Deferred income£19.6k£19.7k£22.2k£33.5k
Cash from operations——£1.5m£3.1m
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023FullAccounts · bulk data Oct 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
21%
Profit ÷ revenue.
Gross margin
45.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£150k
Revenue ÷ average employees.
Profit per employee
£31.6k
Profit ÷ average employees.
Cash conversion
132.7%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
24.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
22.6%
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
▲0%
Now £7.5m
Cash at bank
▲19%
Now £3.3m
Headcount
▲11%
Now 60
Deferred income
▲51%
Now £33.5k
Fixed assets
▲18%
Now £2.2m

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

  1. Aesop UK Limitedultimate parent75–100%
  2. Aesop Bidco Limited75–100%
  3. PRV Engineering 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

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.9m), from the Companies House accounts bulk data published Dec 2025. 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.