Skip to content
CompanySight
Company No. 04829658 · Incorporated 11 Jul 2003

I. W. T. Deeside Limited

Registered name: I. W. T. DEESIDE LIMITED

I. W. T. Deeside Limited made £40m revenue and £5.2m profit in the year to 31 Mar 2025.

I. W. T. Deeside Limited’s revenue fell 16% to £40m in the year to 31 Mar 2025, with £5.2m profit and 54 employees. The company is classified under “manufacture of trailers and semi-trailers” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 29202Manufacture of trailers and semi-trailers
Status
Active
Location
Manchester, North West
Age
23 yrs · since 2003
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightCash flow filed
Revenue
£40m
Growth ▼15.6%
Profit
£5.2m
Growth ▲4.9%
Profit margin
13.1%
 
Employees
54
Change ▼21.7%
Profit / employee
£97k
Revenue/employee £741k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£42.9m£48.6m£47.5m£40m
Operating profit£5.2m£6.5m£6.1m£5.8m
Profit before tax£5.2m£6.5m£6.2m£5.8m
Profit after tax£4.5m£5.6m£5m£5.2m
Profit (best available)£4.5m£5.6m£5m£5.2m
Staff costs£1.6m£1.8m£2.2m£1.8m
Employees (average)54686954
Ratios
Profit margin10.4%11.6%10.5%13.1%
Revenue per employee£795k£715k£688k£741k
Profit per employee£83k£82.9k£72.4k£97k
Cash conversion−153.1%6.4%−72.8%−185.3%
Growth (year on year)
Revenue growth—▲13.3%▼2.5%▼15.6%
Profit growth—▲25.8%▼11.4%▲4.9%
Headcount growth—▲25.9%▲1.5%▼21.7%
Balance sheet — indirect signals, not revenue
Cash at bank£7.1m£600k£1.1m£8.1m
Net assets£18.1m£20.2m£21.7m£23.9m
Fixed assets£521k£445k£469k£699k
Current assets£24.7m£27.4m£29.6m£34m
Debtors£5.1m£7.4m£4.7m£5.8m
Cash from operations−£8m£414k−£4.4m−£10.8m
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Jan 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
13.1%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£741k
Revenue ÷ average employees.
Profit per employee
£97k
Profit ÷ average employees.
Cash conversion
−185.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
14.5%
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
▲10%
Now £23.9m
Cash at bank
▲665%
Now £8.1m
Headcount
▼22%
Now 54
Deferred income
—
Now —
Fixed assets
▲49%
Now £699k
Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £5.2m), from the Companies House accounts bulk data published Dec 2025. 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.