How much does Axter Limited make?

Axter Limited reported revenue of £22.3m and £1.6m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Axter Limited have?

Axter Limited reported an average of 49 employees in the year to 31 Dec 2024.

Is Axter Limited profitable?

Yes — Axter Limited reported a profit of £1.6m in the year to 31 Dec 2024.

Company No. 01446923 · Incorporated 5 Sep 1979

Axter Limited

Registered name: AXTER LIMITED

Axter Limited made £22.3m revenue and £1.6m profit in the year to 31 Dec 2024. read from filing text

Axter Limited’s revenue fell 10% to £22.3m in the year to 31 Dec 2024, with £1.6m profit and 49 employees. The company is classified under “roofing activities” and is based in Ipswich; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43910Roofing activities

Status: Active
Location: Ipswich, East of England
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. From the filing: “The company’s immediate parent company is IKO-AXTER SAS, which is incorporated and registered in France, its registered office address is 6 Rue Laferrière, 75009 Paris, France. The company’s ultimate ”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightBoring industryCash flow filed

Revenue

£22.3m

Growth ▼10.4%

Profit

£1.6m

Growth ▼34.1%

Profit margin

7.3%

Gross 34.3%

Employees

Change ▲25.6%

Profit / employee

£33.2k

Revenue/employee £455k

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&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£20.1m	£24.9m	£22.3m
Cost of sales	£13.8m	£16.6m	£14.6m
Gross profit	£6.3m	£8.2m	£7.6m
Operating profit	£1.9m	£3.2m	£2.1m
Profit before tax	£1.9m	£3.3m	£2.2m
Profit after tax	£1.6m	£2.5m	£1.6m
Profit (best available)	£1.6m	£2.5m	£1.6m
Staff costs	£2.5m	£2.9m	£3.3m
Employees (average)	33	39	49
Ratios
Profit margin	7.8%	10%	7.3%
Gross margin	31.5%	33.2%	34.3%
Revenue per employee	£609k	£637k	£455k
Profit per employee	£47.3k	£63.4k	£33.2k
Cash conversion	−148.3%	−111.5%	−59.9%
Growth (year on year)
Revenue growth	—	▲23.7%	▼10.4%
Profit growth	—	▲58.4%	▼34.1%
Headcount growth	—	▲18.2%	▲25.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.6m	£2.4m	£1.6m
Net assets	£1.1m	£1.6m	£1.7m
Fixed assets	£349k	£283k	£281k
Current assets	£9.5m	£7.9m	£7.4m
Debtors	£4.9m	£3.8m	£4m
Deferred income	£1.4m	£860k	£0
Cash from operations	−£2.8m	−£3.6m	−£1.3m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2025

Derived from the latest filing

How the business works

Profit margin: 7.3%; Profit ÷ revenue.
Gross margin: 34.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £455k; Revenue ÷ average employees.
Profit per employee: £33.2k; Profit ÷ average employees.
Cash conversion: −59.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; 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: ▲8%; Now £1.7m
Cash at bank: ▼32%; Now £1.6m
Headcount: ▲26%; Now 49
Deferred income: ▼100%; Now £0
Fixed assets: ▼1%; Now £281k

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 2024 (profit £1.6m), from the Companies House accounts bulk data published Jul 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.