R & M Williams Limited
Registered name: R & M WILLIAMS LIMITED
Part of R & M Williams (Holdings) Limited groupR & M Williams Limited made £19.5m revenue and £252k profit in the year to 30 Nov 2024. read from filing text
R & M Williams Limited’s revenue fell 29% to £19.5m in the year to 30 Nov 2024, with £252k profit and 99 employees. The company is classified under “other building completion and finishing” and is based in Neath; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Neath, Wales
- Age
- 48 yrs · since 1978
- 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. From the filing: “R & M Williams (Holdings) Limited is the company's immediate and ultimate parent undertaking and Mr M Williams who controls 100% of the shares of R & M Williams (Holdings) is the company's ultimate co”
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 | 30 Nov 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £27.6m | £27.2m | £19.5m |
| Cost of sales | £23.7m | £23m | £16.8m |
| Gross profit | £3.9m | £4.2m | £2.6m |
| Operating profit | £262k | £587k | £243k |
| Profit before tax | £236k | £593k | £249k |
| Profit after tax | £295k | £575k | £252k |
| Profit (best available) | £295k | £575k | £252k |
| Staff costs | £4.3m | £3.8m | £3.8m |
| Employees (average) | 113 | 91 | 99 |
| Ratios | |||
| Profit margin | 1.1% | 2.1% | 1.3% |
| Gross margin | 14.2% | 15.5% | 13.6% |
| Revenue per employee | £244k | £299k | £196k |
| Profit per employee | £2.6k | £6.3k | £2.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▼1.2% | ▼28.6% |
| Profit growth | — | ▲95% | ▼56.3% |
| Headcount growth | — | ▼19.5% | ▲8.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.2m | £2.4m | £566k |
| Net assets | £1.7m | £2.2m | £2.5m |
| Fixed assets | £1.6m | £1.1m | £1.1m |
| Current assets | £7.6m | £7.5m | £8.5m |
| Debtors | £2.1m | £1.8m | £3.2m |
| Deferred income | £2.8m | £2.2m | £2.3m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 1.3%
- Profit ÷ revenue.
- Gross margin
- 13.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £196k
- Revenue ÷ average employees.
- Profit per employee
- £2.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 11.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.3%
- 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
- ▲11%
- Now £2.5m
- Cash at bank
- ▼76%
- Now £566k
- Headcount
- ▲9%
- Now 99
- Deferred income
- ▲3%
- Now £2.3m
- Fixed assets
- ▼3%
- Now £1.1m
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
- R & M Williams (Holdings) Limitedultimate parent75–100%
- R & M Williams Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £252k), from the Companies House accounts bulk data published Aug 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.