How much does Carpenter Box Limited make?

Carpenter Box Limited reported revenue of £14m and £1.6m profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Carpenter Box Limited have?

Carpenter Box Limited reported an average of 18 employees in the year to 31 Mar 2023.

Is Carpenter Box Limited profitable?

Yes — Carpenter Box Limited reported a profit of £1.6m in the year to 31 Mar 2023.

Company No. 02360917 · Incorporated 14 Mar 1989

Carpenter Box Limited

Registered name: CARPENTER BOX LIMITED

Part of Tosca Penta Accountants Limited Partnership group

Carpenter Box Limited made £14m revenue and £1.6m profit in the year to 31 Mar 2023. read from filing text

Carpenter Box Limited’s revenue grew 9% to £14m in the year to 31 Mar 2023, with £1.6m profit and 18 employees. The company is classified under “accounting and auditing activities” and is based in Worthing; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69201Accounting and auditing activities SIC 69203Tax consultancy

Status: Active
Location: Worthing, South East
Age: 37 yrs · since 1989
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

Operating leverageCash flow filed

Revenue

£14m

Growth ▲9.3%

Profit

£1.6m

Growth ▲13.9%

Profit margin

11.1%

Gross 36.3%

Employees

Change 0%

Profit / employee

£86.1k

Revenue/employee £778k

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&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£12.8m	£14m
Cost of sales	£8.2m	£8.9m
Gross profit	£4.6m	£5.1m
Operating profit	£1.8m	£2m
Profit before tax	£1.7m	£2m
Profit after tax	£1.4m	£1.6m
Profit (best available)	£1.4m	£1.6m
Employees (average)	18	18
Ratios
Profit margin	10.6%	11.1%
Gross margin	36%	36.3%
Revenue per employee	£711k	£778k
Profit per employee	£75.6k	£86.1k
Cash conversion	−111.1%	−89.6%
Growth (year on year)
Revenue growth	—	▲9.3%
Profit growth	—	▲13.9%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£800k	£878k
Net assets	£5.8m	£6.2m
Fixed assets	£3.1m	£2.8m
Current assets	£5m	£5.6m
Debtors	£2.6m	£3m
Deferred income	£146k	£103k
Cash from operations	−£2m	−£1.8m
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: 11.1%; Profit ÷ revenue.
Gross margin: 36.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £778k; Revenue ÷ average employees.
Profit per employee: £86.1k; Profit ÷ average employees.
Cash conversion: −89.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 19.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.3%; 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: ▲6%; Now £6.2m
Cash at bank: ▲10%; Now £878k
Headcount: 0%; Now 18
Deferred income: ▼30%; Now £103k
Fixed assets: ▼9%; Now £2.8m

Corporate ownership

Group structure

Ownership chain

Tosca Penta Accountants Limited Partnershipultimate parent75–100%
Sumer Group Holdings Limited75–100%
Sumer Group Midco Limited75–100%
Sumer Group Midco 2 Limited75–100%
Sumer Group Bidco Limited50–75%
Carpenter Box Professional Services Limited75–100%
Carpenter Box Limitedthis company

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

Subsidiaries (3)

Boormans Accountants LtdFigures not disclosed
Clark Brownscombe LimitedFigures not disclosed
Jones Avens LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £1.6m), from the Companies House accounts bulk data published Nov 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.