W. Oliver (Exorna) Limited
Registered name: W. OLIVER (EXORNA) LIMITED
W. Oliver (Exorna) Limited made £9m revenue and £219k profit in the year to 31 Mar 2025.
W. Oliver (Exorna) Limited’s revenue grew 16% to £9m in the year to 31 Mar 2025, with £219k profit and 75 employees. The company is classified under “manufacture of kitchen furniture” and is based in Coleraine; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Coleraine, Northern Ireland
- Age
- 43 yrs · since 1983
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £7.7m | £7m | £7.8m | £9m |
| Cost of sales | £4.9m | £4.2m | £4.6m | £5.4m |
| Gross profit | £2.9m | £2.8m | £3.2m | £3.7m |
| Operating profit | £395k | £134k | £271k | £339k |
| Profit before tax | £366k | £354k | £252k | £301k |
| Profit after tax | £339k | £236k | £181k | £219k |
| Profit (best available) | £339k | £236k | £181k | £219k |
| Staff costs | £1.8m | £1.8m | £1.9m | £2.4m |
| Employees (average) | 69 | 71 | 68 | 75 |
| Ratios | ||||
| Profit margin | 4.4% | 3.4% | 2.3% | 2.4% |
| Gross margin | 37.2% | 39.8% | 41% | 40.6% |
| Revenue per employee | £112k | £99.1k | £115k | £120k |
| Profit per employee | £4.9k | £3.3k | £2.7k | £2.9k |
| Cash conversion | 5.7% | −28.5% | −193.3% | −201.6% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼9% | ▲10.9% | ▲15.6% |
| Profit growth | — | ▼30.3% | ▼23.4% | ▲21.3% |
| Headcount growth | — | ▲2.9% | ▼4.2% | ▲10.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £65.3k | £116k | £38k | £162k |
| Net assets | £4.8m | £5.2m | £5.3m | £5.4m |
| Fixed assets | £4.3m | £4.8m | £5.1m | £5.2m |
| Current assets | £2.7m | £2.6m | £2.8m | £2.9m |
| Debtors | £1.3m | £1m | £1.4m | £1.2m |
| Deferred income | £355k | £316k | £303k | — |
| Cash from operations | £22.6k | −£38.3k | −£525k | −£684k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 2.4%
- Profit ÷ revenue.
- Gross margin
- 40.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £120k
- Revenue ÷ average employees.
- Profit per employee
- £2.9k
- Profit ÷ average employees.
- Cash conversion
- −201.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 57.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13%
- 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
- ▲2%
- Now £5.4m
- Cash at bank
- ▲327%
- Now £162k
- Headcount
- ▲10%
- Now 75
- Deferred income
- —
- Now —
- Fixed assets
- ▲1%
- Now £5.2m
Similar profitable businesses
- Browns Bedrooms & Kitchens LtdCramlington · Manufacture of kitchen furniture
- Revenue
- £9.8m
- Profit
- £7.7k
- Staff
- 58
- Rok Kitchens LtdGrays · Manufacture of kitchen furniture
- Revenue
- £11.9m
- Profit
- £1.2m
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- System 6 Kitchens LimitedExeter · Manufacture of kitchen furniture
- Revenue
- £14.3m
- Profit
- £195k
- Staff
- 91
- Carysil Surfaces LtdAlfreton · Manufacture of kitchen furniture
- Revenue
- £14.6m
- Profit
- £1.3m
- Staff
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- Trade Mouldings LimitedCookstown · Manufacture of kitchen furniture
- Revenue
- £15.1m
- Profit
- £849k
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- Www.bathshack (Ireland) .Co.uk LtdAntrim · Manufacture of kitchen furniture
- Revenue
- £15.5m
- Profit
- £256k
- Staff
- 113
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £219k), 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.