Dryband One Limited
Registered name: DRYBAND ONE LIMITED
Dryband One Limited made £7.7m revenue and £1m profit in the year to 30 Apr 2025.
Dryband One Limited’s revenue grew 10% to £7.7m in the year to 30 Apr 2025, with £1m profit and 246 employees. The company is classified under “other business support service activities” and is based in Grimsby; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Grimsby, Yorkshire and The Humber
- Age
- 33 yrs · since 1993
- 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 company is controlled by L A K Khurana.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £4.7m | £5.7m | £7m | £7.7m |
| Cost of sales | £238k | £317k | £398k | £408k |
| Gross profit | £4.5m | £5.4m | £6.6m | £7.2m |
| Operating profit | £808k | £775k | £1.3m | £1.3m |
| Profit before tax | £803k | £782k | £1.4m | £1.4m |
| Profit after tax | £651k | £642k | £1m | £1m |
| Profit (best available) | £651k | £642k | £1m | £1m |
| Staff costs | £3.4m | £3.7m | £4.3m | £5.1m |
| Employees (average) | 215 | 233 | 243 | 246 |
| Ratios | ||||
| Profit margin | 13.8% | 11.3% | 14.4% | 13.4% |
| Gross margin | 95% | 94.5% | 94.3% | 94.7% |
| Revenue per employee | £22k | £24.5k | £28.6k | £31.1k |
| Profit per employee | £3k | £2.8k | £4.1k | £4.2k |
| Cash conversion | 99.9% | 114.2% | 107.9% | 93.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲20.8% | ▲22% | ▲10.1% |
| Profit growth | — | ▼1.4% | ▲56.3% | ▲1.8% |
| Headcount growth | — | ▲8.4% | ▲4.3% | ▲1.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.3m | £1.8m | £3m | £3.9m |
| Net assets | £6m | £6.6m | £7.6m | £8.5m |
| Fixed assets | £5.4m | £5.3m | £5.4m | £5.4m |
| Current assets | £1.7m | £2.1m | £3.5m | £4.4m |
| Debtors | £240k | £272k | £281k | £367k |
| Deferred income | £275k | £272k | £317k | £328k |
| Cash from operations | £807k | £885k | £1.4m | £1.2m |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 13.4%
- Profit ÷ revenue.
- Gross margin
- 94.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £31.1k
- Revenue ÷ average employees.
- Profit per employee
- £4.2k
- Profit ÷ average employees.
- Cash conversion
- 93.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 70.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.8%
- 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
- ▲13%
- Now £8.5m
- Cash at bank
- ▲28%
- Now £3.9m
- Headcount
- ▲1%
- Now 246
- Deferred income
- ▲4%
- Now £328k
- Fixed assets
- ▲0%
- Now £5.4m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (2)
- Isle Care (Axholme) LtdFigures not disclosed
- P B Residential Care LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £1m), from the Companies House accounts bulk data published Jan 2026. 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.