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Company No. 07167710 · Incorporated 24 Feb 2010

Palletland Limited

Registered name: PALLETLAND LIMITED

Part of The Pallet Group Ltd. group

Palletland Limited made £167k profit in the year to 31 Dec 2024 (revenue not disclosed).

Palletland Limited reported £167k profit in the year to 31 Dec 2024; its revenue was not disclosed. It had 39 employees. The company is classified under “manufacture of wooden containers” and is based in Cradley Heath; we hold 3 years of its filed accounts.

Profit onlySection C · ManufacturingSIC 16240Manufacture of wooden containers
Status
Active
Location
Cradley Heath, West Midlands
Age
16 yrs · since 2010
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 parent company and ultimate controlling party is”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue
—
Not disclosed in filing
Profit
£167k
Growth —
Profit margin
—
 
Employees
39
Change —
Profit / employee
£4.3k
 
Profitable streak
1yr
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 to31 Mar 202331 Dec 202331 Dec 2024
DisclosureProfit onlyProfit onlyProfit only
Profit & loss
Revenue (turnover)———
Profit after tax£902k−£53.4k£167k
Profit (best available)£902k−£53.4k£167k
Employees (average)373339
Ratios
Profit margin———
Profit per employee£24.4k−£1.6k£4.3k
Balance sheet — indirect signals, not revenue
Cash at bank£2.5m£62k£125k
Net assets£5m£4.8m£5m
Fixed assets£1.3m£356k£439k
Current assets£4.3m£5.1m£5.3m
Debtors£1.4m£931k£1m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Jun 2025
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£4.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
—
Now £5m
Cash at bank
—
Now £125k
Headcount
—
Now 39
Deferred income
—
Now —
Fixed assets
—
Now £439k
Corporate ownership

Group structure

Ownership chain

  1. The Pallet Group Ltd.ultimate parent75–100%
  2. Palletland Limitedthis company

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

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £167k), from the Companies House accounts bulk data published Jun 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.