Binns Fencing Limited
Registered name: BINNS FENCING LIMITED
Part of Hopwoods Holdings Limited groupBinns Fencing Limited made £14.8m revenue and £758k profit in the year to 31 Dec 2025.
Binns Fencing Limited’s revenue fell 11% to £14.8m in the year to 31 Dec 2025, with £758k profit and 58 employees. The company is classified under “other specialised construction activities” and is based in Potters Bar; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Potters Bar, East of England
- Age
- 75 yrs · since 1950
- 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: “Hopwoods Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £12.9m | £16.7m | £14.8m |
| Cost of sales | £9.3m | £12.1m | £10.7m |
| Gross profit | £3.5m | £4.6m | £4.1m |
| Operating profit | £1.1m | £725k | £913k |
| Profit before tax | £1.2m | £837k | £1m |
| Profit after tax | £891k | £598k | £758k |
| Profit (best available) | £891k | £598k | £758k |
| Employees (average) | 47 | 53 | 58 |
| Ratios | |||
| Profit margin | 6.9% | 3.6% | 5.1% |
| Gross margin | 27.5% | 27.5% | 27.8% |
| Revenue per employee | £274k | £314k | £256k |
| Profit per employee | £19k | £11.3k | £13.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲29.5% | ▼10.9% |
| Profit growth | — | ▼32.9% | ▲26.8% |
| Headcount growth | — | ▲12.8% | ▲9.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.3m | £3.7m | £3.4m |
| Net assets | £5.7m | £6m | £5.5m |
| Fixed assets | £4m | £4.6m | £4.6m |
| Current assets | £7.1m | £7.9m | £7.8m |
| Debtors | £2.4m | £2.6m | £2.9m |
| Deferred income | £3.3m | £4.8m | £5.2m |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 5.1%
- Profit ÷ revenue.
- Gross margin
- 27.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £256k
- Revenue ÷ average employees.
- Profit per employee
- £13.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 31.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 34.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.4%
- 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
- ▼9%
- Now £5.5m
- Cash at bank
- ▼9%
- Now £3.4m
- Headcount
- ▲9%
- Now 58
- Deferred income
- ▲8%
- Now £5.2m
- Fixed assets
- ▲0%
- Now £4.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Hopwoods Holdings Limitedultimate parent75–100%
- Binns Fencing Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- A.j. Binns LimitedFigures not disclosed
- Aca Security Design LtdFigures not disclosed
- Binns Group LimitedFigures not disclosed
- Lockenfeld LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £758k), from the Companies House accounts bulk data published Jul 2026. 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.