H.g.timber Limited
Registered name: H.G.TIMBER LIMITED
Part of James Jones & Sons Limited groupH.g.timber Limited made £20.7m revenue and £1.4m profit in the year to 31 Dec 2025.
H.g.timber Limited’s revenue fell 7% to £20.7m in the year to 31 Dec 2025, with £1.4m profit. The company is classified under “manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials” and is based in Gateshead; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Gateshead, North East
- Age
- 81 yrs · since 1945
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £23.1m | £18.9m | £18.9m | £22.3m | £20.7m |
| Cost of sales | £17.1m | £12.8m | −£12.8m | −£15.4m | −£16.1m |
| Gross profit | £6.1m | £6.1m | £6.1m | £6.9m | £4.6m |
| Operating profit | £4.1m | £3.8m | £3.8m | £4.3m | £1.8m |
| Profit before tax | £4.1m | £3.8m | £3.8m | £4.5m | £1.9m |
| Profit after tax | £3.3m | £2.9m | £2.9m | £3.5m | £1.4m |
| Profit (best available) | £3.3m | £2.9m | £2.9m | £3.5m | £1.4m |
| Staff costs | £1.9m | £2m | — | — | — |
| Employees (average) | 48 | 47 | 47 | 45 | — |
| Ratios | |||||
| Profit margin | 14.2% | 15.5% | 15.5% | 15.6% | 6.6% |
| Gross margin | 26.2% | 32.2% | 32.2% | 30.9% | 22.3% |
| Revenue per employee | £482k | £402k | £402k | £496k | — |
| Profit per employee | £68.2k | £62.3k | £62.3k | £77.2k | — |
| Cash conversion | 92.5% | 102% | — | — | — |
| Growth (year on year) | |||||
| Revenue growth | — | ▼18.3% | — | ▲18.2% | ▼7.2% |
| Profit growth | — | ▼10.6% | — | ▲18.7% | ▼60.4% |
| Headcount growth | — | ▼2.1% | — | ▼4.3% | — |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £3.9m | £4.2m | — | — | — |
| Net assets | £11m | £13.3m | — | — | — |
| Fixed assets | £5.7m | £8m | — | — | — |
| Current assets | £9.4m | £8.2m | — | — | — |
| Debtors | £3.8m | £2.7m | — | — | — |
| Deferred income | £71.6k | £62.4k | — | — | — |
| Cash from operations | £3.8m | £3.9m | — | — | — |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 6.6%
- Profit ÷ revenue.
- Gross margin
- 22.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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.
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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- James Jones & Sons Limitedultimate parent75–100%
- James Jones & Sons (Pallets and Packaging) Limited75–100%
- H.g.timber Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Billington (International) LimitedLiquidationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £1.4m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 11 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.