How much does Eftec Limited make?

Eftec Limited reported revenue of £28.2m and £4.6m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Eftec Limited have?

Eftec Limited reported an average of 39 employees in the year to 31 Dec 2023.

Is Eftec Limited profitable?

Yes — Eftec Limited reported a profit of £4.6m in the year to 31 Dec 2023.

Company No. 01406940 · Incorporated 28 Dec 1978

Eftec Limited

Registered name: EFTEC LIMITED

Part of Eftec Europe Holding Ag group

Eftec Limited made £28.2m revenue and £4.6m profit in the year to 31 Dec 2023. read from filing text

Eftec Limited’s revenue grew 33% to £28.2m in the year to 31 Dec 2023, with £4.6m profit and 39 employees. The company is classified under “manufacture of paints, varnishes and similar coatings, mastics and sealants” and is based in Aberdare; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 20301Manufacture of paints, varnishes and similar coatings, mastics and sealants

Status: Active
Location: Aberdare, Wales
Age: 47 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: “The company is a wholly owned subsidiary undertaking of EFTEC Holding AG, which is registered in Switzerland. EFTEC Holding AG is a wholly owned subsidiary undertaking of EMS-Chemie Holding AG, which ”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightCash flow filed

Revenue

£28.2m

Growth ▲33.5%

Profit

£4.6m

Growth —

Profit margin

16.5%

Gross 23.3%

Employees

Change ▲8.3%

Profit / employee

£119k

Revenue/employee £723k

Profitable streak

1yr

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£21.3m	£21.1m	£28.2m
Cost of sales	£15.4m	£15.9m	£21.6m
Gross profit	£5.9m	£5.3m	£6.6m
Operating profit	£1.1m	−£2.1m	£5.9m
Profit before tax	£942k	−£2.4m	£5.6m
Profit after tax	£780k	−£2.2m	£4.6m
Profit (best available)	£780k	−£2.2m	£4.6m
Staff costs	£1.3m	£1.4m	£1.8m
Employees (average)	33	36	39
Ratios
Profit margin	3.7%	−10.4%	16.5%
Gross margin	27.9%	24.9%	23.3%
Revenue per employee	£646k	£587k	£723k
Profit per employee	£23.6k	−£61.3k	£119k
Cash conversion	106.7%	—	−42.9%
Growth (year on year)
Revenue growth	—	▼0.9%	▲33.5%
Profit growth	—	▼382.9%	—
Headcount growth	—	▲9.1%	▲8.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£946k	£1m	£2.3m
Net assets	£1.2m	−£1.1m	£3.6m
Fixed assets	£935k	£1m	£1m
Current assets	£12.9m	£14.1m	£13.2m
Debtors	£1.7m	£1.3m	£2.8m
Deferred income	£59k	£59k	£0
Cash from operations	£1.2m	−£406k	−£2.5m
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	FullAccounts · bulk data Nov 2024

Derived from the latest filing

How the business works

Profit margin: 16.5%; Profit ÷ revenue.
Gross margin: 23.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £723k; Revenue ÷ average employees.
Profit per employee: £119k; Profit ÷ average employees.
Cash conversion: −42.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.1%; 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: —; Now £3.6m
Cash at bank: ▲128%; Now £2.3m
Headcount: ▲8%; Now 39
Deferred income: ▼100%; Now £0
Fixed assets: ▲0%; Now £1m

Corporate ownership

Group structure

Ownership chain

Eftec Europe Holding Ag (registered outside the UK register)ultimate parent75–100%
Eftec 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £4.6m), from the Companies House accounts bulk data published Nov 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.