H.V. Wooding Limited
Registered name: H.V. WOODING LIMITED
H.V. Wooding Limited made £9.6m revenue and £459k profit in the year to 31 Mar 2024.
H.V. Wooding Limited’s revenue fell 19% to £9.6m in the year to 31 Mar 2024, with £459k profit and 89 employees. The company is classified under “other non-ferrous metal production” and is based in Hythe; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hythe, South East
- Age
- 58 yrs · since 1967
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £11.8m | £11.9m | £9.6m |
| Cost of sales | £8.4m | £8.4m | £6.9m |
| Gross profit | £3.4m | £3.5m | £2.8m |
| Profit before tax | £1.1m | £1.5m | £553k |
| Profit after tax | £1m | £1.4m | £459k |
| Profit (best available) | £1m | £1.4m | £459k |
| Staff costs | £3.3m | £3.4m | £3.3m |
| Employees (average) | 84 | 93 | 89 |
| Ratios | |||
| Profit margin | 8.6% | 11.5% | 4.8% |
| Gross margin | 28.7% | 29.3% | 28.7% |
| Revenue per employee | £141k | £128k | £108k |
| Profit per employee | £12.1k | £14.8k | £5.2k |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.6% | ▼19% |
| Profit growth | — | ▲34.5% | ▼66.5% |
| Headcount growth | — | ▲10.7% | ▼4.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £641k | £496k | £885k |
| Net assets | £6.4m | £7.3m | £7.8m |
| Fixed assets | £4.7m | £4.5m | £3.9m |
| Current assets | £5.4m | £5.8m | £5.7m |
| Debtors | £2.5m | £1.7m | £835k |
| Cash from operations | −£19k | £53.9k | −£416k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 4.8%
- Profit ÷ revenue.
- Gross margin
- 28.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £108k
- Revenue ÷ average employees.
- Profit per employee
- £5.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 40.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.7%
- 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
- ▲7%
- Now £7.8m
- Cash at bank
- ▲79%
- Now £885k
- Headcount
- ▼4%
- Now 89
- Deferred income
- —
- Now —
- Fixed assets
- ▼13%
- Now £3.9m
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £459k), from the Companies House accounts bulk data published Dec 2024. 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.