How much does Raymond Wood (Commercial) Limited make?

Raymond Wood (Commercial) Limited reported revenue of £13.4m and £753k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Raymond Wood (Commercial) Limited have?

Raymond Wood (Commercial) Limited reported an average of 76 employees in the year to 31 Dec 2024.

Is Raymond Wood (Commercial) Limited profitable?

Yes — Raymond Wood (Commercial) Limited reported a profit of £753k in the year to 31 Dec 2024.

Company No. 01435273 · Incorporated 6 Jul 1979

Raymond Wood (Commercial) Limited

Registered name: RAYMOND WOOD (COMMERCIAL) LIMITED

Part of Lancashire Double Glazing Group Limited group

Raymond Wood (Commercial) Limited made £13.4m revenue and £753k profit in the year to 31 Dec 2024.

Raymond Wood (Commercial) Limited’s revenue grew 14% to £13.4m in the year to 31 Dec 2024, with £753k profit and 76 employees. The company is classified under “painting” and is based in Preston; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43341Painting

Status: Active
Location: Preston, North West
Age: 47 yrs · since 1979
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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£13.4m

Growth ▲14.5%

Profit

£753k

Growth ▼41%

Profit margin

5.6%

Gross 19.3%

Employees

Change ▲15.2%

Profit / employee

£9.9k

Revenue/employee £177k

Profitable streak

3yrs

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 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£8.2m	£11.7m	£13.4m
Cost of sales	£6.7m	£8.5m	£10.8m
Gross profit	£1.5m	£3.2m	£2.6m
Operating profit	£109k	£1.6m	£980k
Profit before tax	£110k	£1.6m	£1m
Profit after tax	£88.9k	£1.3m	£753k
Profit (best available)	£88.9k	£1.3m	£753k
Staff costs	£2.3m	£2.4m	£2.9m
Employees (average)	68	66	76
Ratios
Profit margin	1.1%	10.9%	5.6%
Gross margin	18.3%	27.2%	19.3%
Revenue per employee	£121k	£178k	£177k
Profit per employee	£1.3k	£19.3k	£9.9k
Growth (year on year)
Revenue growth	—	▲42.5%	▲14.5%
Profit growth	—	▲1336%	▼41%
Headcount growth	—	▼2.9%	▲15.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£575k	£699k	£1.2m
Net assets	£1.4m	£1.5m	£1.6m
Fixed assets	£84.9k	£64.2k	£52.3k
Current assets	£4.8m	£6.1m	£7m
Debtors	£1.9m	£2.7m	£2.4m
Deferred income	£29k	£20.3k	£18.4k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 5.6%; Profit ÷ revenue.
Gross margin: 19.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £177k; Revenue ÷ average employees.
Profit per employee: £9.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18%; 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: ▲7%; Now £1.6m
Cash at bank: ▲67%; Now £1.2m
Headcount: ▲15%; Now 76
Deferred income: ▼9%; Now £18.4k
Fixed assets: ▼18%; Now £52.3k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Lancashire Double Glazing Group Limitedultimate parent75–100%
Raymond Wood (Commercial) 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

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £753k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Updated from Companies House on 24 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.