How much does Standard Wool (UK) Limited make?

Standard Wool (UK) Limited reported revenue of £31.6m and £1.1m profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Standard Wool (UK) Limited have?

Standard Wool (UK) Limited reported an average of 62 employees in the year to 31 Mar 2023.

Is Standard Wool (UK) Limited profitable?

Yes — Standard Wool (UK) Limited reported a profit of £1.1m in the year to 31 Mar 2023.

Company No. 00713917 · Incorporated 29 Jan 1962

Standard Wool (UK) Limited

Registered name: STANDARD WOOL (UK) LIMITED

Part of Standard Wool UK (Holdings) Limited group

Standard Wool (UK) Limited made £31.6m revenue and £1.1m profit in the year to 31 Mar 2023.

Standard Wool (UK) Limited’s revenue fell 8% to £31.6m in the year to 31 Mar 2023, with £1.1m profit and 62 employees. The company is classified under “other manufacturing” and is based in Dewsbury; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.

Status: Active
Location: Dewsbury, Yorkshire and The Humber
Age: 64 yrs · since 1962
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.

Latest accounts · year to 31 Mar 2023

Key figures

Revenue

£31.6m

Growth ▼7.8%

Profit

£1.1m

Growth ▲99.7%

Profit margin

3.4%

Gross 12.7%

Employees

Change ▲6.9%

Profit / employee

£17.4k

Revenue/employee £510k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£34.3m	£31.6m
Cost of sales	£31.2m	£27.6m
Gross profit	£3.1m	£4m
Operating profit	£1.1m	£1.7m
Profit before tax	£790k	£1.3m
Profit after tax	£541k	£1.1m
Profit (best available)	£541k	£1.1m
Staff costs	£1.2m	£1.4m
Employees (average)	58	62
Ratios
Profit margin	1.6%	3.4%
Gross margin	9.1%	12.7%
Revenue per employee	£591k	£510k
Profit per employee	£9.3k	£17.4k
Growth (year on year)
Revenue growth	—	▼7.8%
Profit growth	—	▲99.7%
Headcount growth	—	▲6.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7k	£1.7k
Net assets	£12.1m	£12.4m
Fixed assets	£4.8m	£4.8m
Current assets	£23.3m	£19.1m
Debtors	£7.5m	£6.9m
Deferred income	£941k	£457k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 3.4%; Profit ÷ revenue.
Gross margin: 12.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £510k; Revenue ÷ average employees.
Profit per employee: £17.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 15.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.8%; 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 £12.4m
Cash at bank: 0%; Now £1.7k
Headcount: ▲7%; Now 62
Deferred income: ▼51%; Now £457k
Fixed assets: ▲1%; Now £4.8m

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

Standard Wool UK (Holdings) Limitedultimate parent75–100%
Standard Wool (UK) Limitedthis company

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

Subsidiaries (2)

Jacomb Hoare (Bradford) LimitedFigures not disclosed
Thomas Chadwick & Sons,limitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit £1.1m), from the Companies House accounts bulk data published Dec 2023. 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.