Peter Jones (I.l.g.) Ltd
Registered name: PETER JONES (I.L.G.) LTD
Peter Jones (I.l.g.) Ltd made £6.3m revenue and £1.3m profit in the year to 31 Dec 2024.
Peter Jones (I.l.g.) Ltd’s revenue grew 35% to £6.3m in the year to 31 Dec 2024, with £1.3m profit and 52 employees. The company is classified under “manufacture of luggage, handbags and the like, saddlery and harness” and is based in Abergavenny; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Abergavenny, Wales
- Age
- 53 yrs · since 1973
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £5m | £4.7m | £6.3m |
| Cost of sales | £2.1m | £1.7m | £2.3m |
| Gross profit | £2.9m | £3m | £4.1m |
| Operating profit | £787k | £593k | £1.5m |
| Profit before tax | £973k | £695k | £1.6m |
| Profit after tax | £1.1m | £447k | £1.3m |
| Profit (best available) | £1.1m | £447k | £1.3m |
| Staff costs | £1.5m | £1.4m | £1.5m |
| Employees (average) | 51 | 53 | 52 |
| Ratios | |||
| Profit margin | 21.7% | 9.6% | 20.3% |
| Gross margin | 58.3% | 63.5% | 64.3% |
| Revenue per employee | £97.5k | £88k | £121k |
| Profit per employee | £21.1k | £8.4k | £24.6k |
| Cash conversion | −92.7% | −96.4% | −89.2% |
| Growth (year on year) | |||
| Revenue growth | — | ▼6.3% | ▲35.4% |
| Profit growth | — | ▼58.5% | ▲186.6% |
| Headcount growth | — | ▲3.9% | ▼1.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.7m | £4.1m | £5m |
| Net assets | £6.6m | £7m | £8.3m |
| Fixed assets | £1.8m | £1.8m | £1.7m |
| Current assets | £5.1m | £5.8m | £7.6m |
| Debtors | £478k | £601k | £939k |
| Deferred income | £17.4k | £33.5k | — |
| Cash from operations | −£730k | −£571k | −£1.3m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 20.3%
- Profit ÷ revenue.
- Gross margin
- 64.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £121k
- Revenue ÷ average employees.
- Profit per employee
- £24.6k
- Profit ÷ average employees.
- Cash conversion
- −89.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 27.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.9%
- 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
- ▲18%
- Now £8.3m
- Cash at bank
- ▲22%
- Now £5m
- Headcount
- ▼2%
- Now 52
- Deferred income
- —
- Now —
- Fixed assets
- ▼3%
- Now £1.7m
Group structure
Subsidiaries (2)
- Brit-Stitch LimitedFigures not disclosed
- JC Moulding LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.3m), from the Companies House accounts bulk data published Sep 2025. 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.