How much does Henry Squire & Sons Limited make?

Henry Squire & Sons Limited reported revenue of £11.2m and £500k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Henry Squire & Sons Limited have?

Henry Squire & Sons Limited reported an average of 49 employees in the year to 31 Dec 2024.

Is Henry Squire & Sons Limited profitable?

Yes — Henry Squire & Sons Limited reported a profit of £500k in the year to 31 Dec 2024.

Company No. 00088907 · Incorporated 24 May 1906

Henry Squire & Sons Limited

Registered name: HENRY SQUIRE & SONS LIMITED

Part of Henry Squire & Sons Holdings Limited group

Henry Squire & Sons Limited made £11.2m revenue and £500k profit in the year to 31 Dec 2024. read from filing text

Henry Squire & Sons Limited’s revenue grew 7% to £11.2m in the year to 31 Dec 2024, with £500k profit and 49 employees. The company is classified under “manufacture of locks and hinges” and is based in Walsall; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25720Manufacture of locks and hinges

Status: Active
Location: Walsall, West Midlands
Age: 120 yrs · since 1906
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 a wholly owned subsidiary undertaking of Henry Squire & Sons Holdings Limited, a company incorporated in England and Wales. Copies of the group accounts of Henry Squire & Sons Holdings ”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightOperating leverage

Revenue

£11.2m

Growth ▲7.3%

Profit

£500k

Growth ▲40.7%

Profit margin

4.4%

Gross 43.4%

Employees

Change ▲4.3%

Profit / employee

£10.2k

Revenue/employee £229k

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 2022	31 Dec 2023	31 Dec 2024
Disclosure	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£10.5m	£11.2m
Cost of sales	—	£5.7m	£6.4m
Gross profit	—	£4.7m	£4.9m
Operating profit	—	£326k	£460k
Profit before tax	—	£326k	£461k
Profit after tax	—	£355k	£500k
Profit (best available)	—	£355k	£500k
Staff costs	—	£1.9m	£2.1m
Employees (average)	46	47	49
Ratios
Profit margin	—	3.4%	4.4%
Gross margin	—	45.1%	43.4%
Revenue per employee	—	£223k	£229k
Profit per employee	—	£7.6k	£10.2k
Growth (year on year)
Revenue growth	—	—	▲7.3%
Profit growth	—	—	▲40.7%
Headcount growth	—	▲2.2%	▲4.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£227k	£402k	£307k
Net assets	£4.5m	£4.5m	£4.6m
Fixed assets	£1.1m	£933k	£870k
Current assets	£6.1m	£6.1m	£8.2m
Debtors	£1.5m	£1.4m	£1.3m
Deferred income	—	£37.1k	£331k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 4.4%; Profit ÷ revenue.
Gross margin: 43.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £229k; Revenue ÷ average employees.
Profit per employee: £10.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.5%; 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: ▲3%; Now £4.6m
Cash at bank: ▼24%; Now £307k
Headcount: ▲4%; Now 49
Deferred income: ▲793%; Now £331k
Fixed assets: ▼7%; Now £870k

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

Henry Squire & Sons Holdings Limitedultimate parent75–100%
Henry Squire & Sons 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £500k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Updated from Companies House on 17 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.