How much does Springmasters Limited make?

Springmasters Limited reported revenue of £9m and £1.2m profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Springmasters Limited have?

Springmasters Limited reported an average of 100 employees in the year to 31 May 2025.

Is Springmasters Limited profitable?

Yes — Springmasters Limited reported a profit of £1.2m in the year to 31 May 2025.

Company No. 00897155 · Incorporated 1 Feb 1967

Springmasters Limited

Registered name: SPRINGMASTERS LIMITED

Springmasters Limited made £9m revenue and £1.2m profit in the year to 31 May 2025.

Springmasters Limited’s revenue grew 1% to £9m in the year to 31 May 2025, with £1.2m profit and 100 employees. The company is classified under “manufacture of wire products, chain and springs”; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25930Manufacture of wire products, chain and springs

Status: Active
Location: West Midlands
Age: 59 yrs · since 1967
Type: Private Limited Company

Latest accounts · year to 31 May 2025

Key figures

IndependentOperating leverageDoing more with lessCash flow filed

Revenue

£9m

Growth ▲0.8%

Profit

£1.2m

Growth ▲8.2%

Profit margin

13.7%

Gross 49.9%

Employees

100

Change ▼4.8%

Profit / employee

£12.3k

Revenue/employee £89.8k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£8.8m	£8.8m	£8.9m	£9m
Cost of sales	£4.5m	£4.4m	£4.6m	£4.5m
Gross profit	£4.3m	£4.4m	£4.3m	£4.5m
Operating profit	£637k	£1.2m	£1.4m	£1.6m
Profit before tax	£698k	£1.4m	£1.8m	£2m
Profit after tax	£199k	£900k	£1.1m	£1.2m
Profit (best available)	£199k	£900k	£1.1m	£1.2m
Staff costs	£3.8m	£3.7m	£4.1m	£4m
Employees (average)	106	107	105	100
Ratios
Profit margin	2.3%	10.2%	12.7%	13.7%
Gross margin	49.3%	49.8%	48.8%	49.9%
Revenue per employee	£82.8k	£82.1k	£84.9k	£89.8k
Profit per employee	£1.9k	£8.4k	£10.8k	£12.3k
Cash conversion	265.6%	129.6%	184.8%	131%
Growth (year on year)
Revenue growth	—	▲0.2%	▲1.4%	▲0.8%
Profit growth	—	▲353.2%	▲26%	▲8.2%
Headcount growth	—	▲0.9%	▼1.9%	▼4.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.9m	£1.5m	£1.8m	£508k
Net assets	£12.5m	£13.4m	£13.5m	£13.7m
Fixed assets	£7.9m	£7.8m	£8.3m	£8.7m
Current assets	£10m	£11m	£12.6m	£13.2m
Debtors	£1.4m	£1.1m	£1.2m	£1.2m
Deferred income	£166k	£170k	£287k	£235k
Cash from operations	£1.7m	£1.5m	£2.6m	£2m
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 13.7%; Profit ÷ revenue.
Gross margin: 49.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £89.8k; Revenue ÷ average employees.
Profit per employee: £12.3k; Profit ÷ average employees.
Cash conversion: 131%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 96.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.9%; 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: ▲2%; Now £13.7m
Cash at bank: ▼72%; Now £508k
Headcount: ▼5%; Now 100
Deferred income: ▼18%; Now £235k
Fixed assets: ▲5%; Now £8.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £1.2m), from the Companies House accounts bulk data published Feb 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.