International Plywood PLC
Registered name: INTERNATIONAL PLYWOOD PLC
International Plywood PLC made £197m revenue and £44.6k profit in the year to 30 Apr 2025.
International Plywood PLC’s revenue grew 11% to £197m in the year to 30 Apr 2025, with £44.6k profit and 4 employees. The company is classified under “activities of distribution holding companies” and is based in Stonehouse; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Stonehouse, South West
- Age
- 45 yrs · since 1981
- Type
- Public Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £177m | £197m |
| Cost of sales | — | — | £162m | £174m |
| Gross profit | — | — | £14.7m | £23.4m |
| Operating profit | — | — | £5m | £12.5m |
| Profit before tax | — | — | £6.9m | £1.1m |
| Profit after tax | £25.6m | £2.1m | £302k | £44.6k |
| Profit (best available) | £25.6m | £2.1m | £302k | £44.6k |
| Staff costs | — | — | £347k | £371k |
| Employees (average) | 78 | 76 | 4 | 4 |
| Ratios | ||||
| Profit margin | — | — | 0.2% | 0% |
| Gross margin | — | — | 8.3% | 11.9% |
| Revenue per employee | — | — | £44.2m | £49.2m |
| Profit per employee | £329k | £27.2k | £75.5k | £11.1k |
| Cash conversion | — | — | 288.2% | −40.2% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲11.5% |
| Profit growth | — | ▼91.9% | ▼85.4% | ▼85.2% |
| Headcount growth | — | ▼2.6% | ▼94.7% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £678k | £287k | £292k | £452k |
| Net assets | £41.5m | £43.2m | £38.5m | £38.6m |
| Fixed assets | £23.8m | £28.2m | £26.4m | £25.7m |
| Current assets | £19m | £15.6m | £16m | £16.6m |
| Debtors | £0 | £0 | £36.3m | £39.9m |
| Cash from operations | — | — | £14.5m | −£5m |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 11.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £49.2m
- Revenue ÷ average employees.
- Profit per employee
- £11.1k
- Profit ÷ average employees.
- Cash conversion
- −40.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.3%
- 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
- ▲0%
- Now £38.6m
- Cash at bank
- ▲55%
- Now £452k
- Headcount
- 0%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▼3%
- Now £25.7m
Group structure
Subsidiaries (6)
- International Plywood (Importers) LimitedRev. £184m · Profit £772k
- Panel Supplies LimitedRev. £43.1m · Profit £276k
- Emstra LimitedFigures not disclosed
- International Panel Products LimitedFigures not disclosed
- International Plywood (Aviation) LimitedFigures not disclosed
- International Plywood (Gloucester) LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £44.6k), from the Companies House accounts bulk data published Oct 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.