Neath Coachbuilders Limited
Registered name: NEATH COACHBUILDERS LIMITED
Part of Euro Commercials Holdings Limited groupNeath Coachbuilders Limited made £5.9m revenue and £137k profit in the year to 31 Dec 2025.
Neath Coachbuilders Limited’s revenue grew 35% to £5.9m in the year to 31 Dec 2025, with £137k profit and 34 employees. The company is classified under “manufacture of bodies (coachwork) for motor vehicles (except caravans)” and is based in Cardiff; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Cardiff, Wales
- Age
- 55 yrs · since 1971
- 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 | 30 Nov 2022 | 30 Nov 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £4.4m | £5.9m |
| Cost of sales | — | — | £2.2m | £3.7m |
| Gross profit | — | — | £2.2m | £2.3m |
| Operating profit | — | — | £313k | £280k |
| Profit before tax | — | — | £315k | £192k |
| Profit after tax | — | — | £228k | £137k |
| Profit (best available) | — | — | £228k | £137k |
| Employees (average) | 32 | 30 | 31 | 34 |
| Ratios | ||||
| Profit margin | — | — | 5.2% | 2.3% |
| Gross margin | — | — | 49.3% | 38.3% |
| Revenue per employee | — | — | £141k | £174k |
| Profit per employee | — | — | £7.3k | £4k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲35% |
| Profit growth | — | — | — | ▼39.7% |
| Headcount growth | — | ▼6.3% | ▲3.3% | ▲9.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £608k | £728k | £658k | £1.1m |
| Net assets | £1.2m | £1.5m | £1.7m | £1.9m |
| Fixed assets | £197k | £268k | £390k | £821k |
| Current assets | £1.6m | £2.4m | £2.4m | £2.1m |
| Debtors | £431k | £1m | £591k | £264k |
| Deferred income | £0 | £145k | £10.3k | £22.7k |
| Source | FilletedAccounts · bulk data Jul 2024 | FilletedAccounts · bulk data Jul 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 2.3%
- Profit ÷ revenue.
- Gross margin
- 38.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £174k
- Revenue ÷ average employees.
- Profit per employee
- £4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.5%
- 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
- ▲8%
- Now £1.9m
- Cash at bank
- ▲68%
- Now £1.1m
- Headcount
- ▲10%
- Now 34
- Deferred income
- ▲122%
- Now £22.7k
- Fixed assets
- ▲110%
- Now £821k
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
- Euro Commercials Holdings Limitedultimate parent75–100%
- Euro Commercials Limited75–100%
- Neath Coachbuilders Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- A40 Garage LimitedFigures not disclosed
- Euro Commercials (South West) Group LtdRev. — · Profit −£3.7k
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 £137k), from the Companies House accounts bulk data published Sep 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.