How much does Bearing Man Limited make?

Bearing Man Limited reported revenue of £17.3m and £1.5m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Bearing Man Limited have?

Bearing Man Limited reported an average of 68 employees in the year to 31 Dec 2023.

Is Bearing Man Limited profitable?

Yes — Bearing Man Limited reported a profit of £1.5m in the year to 31 Dec 2023.

Company No. 02399424 · Incorporated 29 Jun 1989

Bearing Man Limited

Registered name: BEARING MAN LIMITED

Part of Descours & Caband Sa group

Bearing Man Limited made £17.3m revenue and £1.5m profit in the year to 31 Dec 2023.

Bearing Man Limited’s revenue grew 10% to £17.3m in the year to 31 Dec 2023, with £1.5m profit and 68 employees. The company is classified under “wholesale of other machinery and equipment” and is based in West Midlands; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46690Wholesale of other machinery and equipment

Status: Active
Location: West Midlands, West Midlands
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 Dec 2023

Key figures

Capital-lightOperating leverage

Revenue

£17.3m

Growth ▲10.4%

Profit

£1.5m

Growth ▲25.3%

Profit margin

8.8%

Gross 38.4%

Employees

Change ▲6.3%

Profit / employee

£22.3k

Revenue/employee £254k

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 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.6m	£17.3m
Cost of sales	£10.2m	£10.6m
Gross profit	£5.5m	£6.6m
Profit before tax	£1.5m	£2m
Profit after tax	£1.2m	£1.5m
Profit (best available)	£1.2m	£1.5m
Staff costs	£2.2m	£2.6m
Employees (average)	64	68
Ratios
Profit margin	7.8%	8.8%
Gross margin	35.1%	38.4%
Revenue per employee	£245k	£254k
Profit per employee	£18.9k	£22.3k
Growth (year on year)
Revenue growth	—	▲10.4%
Profit growth	—	▲25.3%
Headcount growth	—	▲6.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7m	£1.4m
Net assets	£7.4m	£7.7m
Fixed assets	£107k	£159k
Current assets	£9.7m	£9.6m
Debtors	£3.2m	£2.9m
Deferred income	£641k	£524k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: 8.8%; Profit ÷ revenue.
Gross margin: 38.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £254k; Revenue ÷ average employees.
Profit per employee: £22.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.9%; 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: ▲4%; Now £7.7m
Cash at bank: ▼18%; Now £1.4m
Headcount: ▲6%; Now 68
Deferred income: ▼18%; Now £524k
Fixed assets: ▲48%; Now £159k

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

Descours & Caband Sa (registered outside the UK register)ultimate parent75–100%
Hayley Group Holding Limited75–100%
Hayley Group Limited75–100%
Bearing Man Limitedthis company

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

Sister companies (9)

Advanced Maintenance Supplies LimitedRev. £39.4m · Profit £2.8m
Mercury Holdings (London) LimitedRev. £0 · Profit £675k
Albion Leasing (West Midlands) LimitedFigures not disclosed
Bearing Transmission and Lubricant Supplies LtdFigures not disclosed
Hayley Bearing Company LtdFigures not disclosed
Hayley Holdings LimitedFigures not disclosed
Hayley-Dirs LimitedFigures not disclosed
Swan Industrial Drives LtdFigures not disclosed
World of Supply LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £1.5m), from the Companies House accounts bulk data published Jun 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.