Piccadilly Greetings Group Limited
Registered name: PICCADILLY GREETINGS GROUP LIMITED
Piccadilly Greetings Group Limited made £6.3m revenue and £249k profit in the year to 31 Dec 2023.
Piccadilly Greetings Group Limited’s revenue grew 6% to £6.3m in the year to 31 Dec 2023, with £249k profit and 74 employees. The company is classified under “printing” and is based in Hemel Hempstead; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Hemel Hempstead, South East
- Age
- 35 yrs · since 1990
- 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 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £5.9m | £6.3m |
| Cost of sales | £3.5m | £3.8m |
| Gross profit | £2.4m | £2.5m |
| Operating profit | £390k | £322k |
| Profit before tax | £366k | £336k |
| Profit after tax | £232k | £249k |
| Profit (best available) | £232k | £249k |
| Staff costs | £1.9m | £2.1m |
| Employees (average) | 60 | 74 |
| Ratios | ||
| Profit margin | 3.9% | 4% |
| Gross margin | 40.3% | 39.7% |
| Revenue per employee | £99.1k | £85.1k |
| Profit per employee | £3.9k | £3.4k |
| Cash conversion | −148.1% | −160.4% |
| Growth (year on year) | ||
| Revenue growth | — | ▲6% |
| Profit growth | — | ▲7.4% |
| Headcount growth | — | ▲23.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.4m | £1.4m |
| Net assets | £5.1m | £5.3m |
| Fixed assets | £3.1m | £3.1m |
| Current assets | £3.2m | £3.1m |
| Debtors | £785k | £981k |
| Deferred income | £31.1k | £24k |
| Cash from operations | −£577k | −£516k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 4%
- Profit ÷ revenue.
- Gross margin
- 39.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £85.1k
- Revenue ÷ average employees.
- Profit per employee
- £3.4k
- Profit ÷ average employees.
- Cash conversion
- −160.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 49.8%
- 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
- 15.6%
- 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
- ▲5%
- Now £5.3m
- Cash at bank
- ▼1%
- Now £1.4m
- Headcount
- ▲23%
- Now 74
- Deferred income
- ▼23%
- Now £24k
- Fixed assets
- ▲0%
- Now £3.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £249k), from the Companies House accounts bulk data published Sep 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.