How much does Ventcroft Limited make?

Ventcroft Limited reported revenue of £20.5m and £431k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Ventcroft Limited have?

Ventcroft Limited reported an average of 30 employees in the year to 31 Dec 2023.

Is Ventcroft Limited profitable?

Yes — Ventcroft Limited reported a profit of £431k in the year to 31 Dec 2023.

Company No. 02600835 · Incorporated 12 Apr 1991

Ventcroft Limited

Registered name: VENTCROFT LIMITED

Part of Nkt A/S group

Ventcroft Limited made £20.5m revenue and £431k profit in the year to 31 Dec 2023. read from filing text

Ventcroft Limited’s revenue grew 2% to £20.5m in the year to 31 Dec 2023, with £431k profit and 30 employees. The company is classified under “manufacture of other electronic and electric wires and cables” and is based in Runcorn; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 27320Manufacture of other electronic and electric wires and cables

Status: Active
Location: Runcorn, North West
Age: 35 yrs · since 1991
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. From the filing: “The compan”

Latest accounts · year to 31 Dec 2023

Key figures

Operating leverageCash flow filed

Revenue

£20.5m

Growth ▲2.1%

Profit

£431k

Growth ▲38.5%

Profit margin

2.1%

Gross 20.7%

Employees

Change ▲11.1%

Profit / employee

£14.4k

Revenue/employee £683k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£16.9m	£20.1m	£20.5m
Cost of sales	£13.3m	£15.4m	£16.2m
Gross profit	£3.6m	£4.7m	£4.2m
Operating profit	£410k	£55k	£519k
Profit before tax	£273k	−£54.3k	£522k
Profit after tax	−£133k	£311k	£431k
Profit (best available)	−£133k	£311k	£431k
Staff costs	£1.2m	£2.7m	£1.2m
Employees (average)	28	27	30
Ratios
Profit margin	−0.8%	1.6%	2.1%
Gross margin	21.2%	23.3%	20.7%
Revenue per employee	£602k	£743k	£683k
Profit per employee	−£4.7k	£11.5k	£14.4k
Cash conversion	198.4%	−2092%	−694.9%
Growth (year on year)
Revenue growth	—	▲19%	▲2.1%
Profit growth	—	—	▲38.5%
Headcount growth	—	▼3.6%	▲11.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£42.9k	£81k	£432k
Net assets	£15.2m	£16.8m	£17.2m
Fixed assets	£17.1m	£18.2m	£17.5m
Current assets	£8.1m	£8.9m	£8.5m
Debtors	£3.3m	£4.2m	£3.7m
Deferred income	£6.3k	£0	£760k
Cash from operations	£815k	−£1.1m	−£3.6m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 2.1%; Profit ÷ revenue.
Gross margin: 20.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £683k; Revenue ÷ average employees.
Profit per employee: £14.4k; Profit ÷ average employees.
Cash conversion: −694.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 85.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18%; 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: ▲3%; Now £17.2m
Cash at bank: ▲433%; Now £432k
Headcount: ▲11%; Now 30
Deferred income: —; Now £760k
Fixed assets: ▼4%; Now £17.5m

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

Nkt A/S (registered outside the UK register)ultimate parent75–100%
NKT HVC Ltd.75–100%
Ventcroft 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £431k), from the Companies House accounts bulk data published Dec 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.