How much does Cure IT Composites Limited make?

Cure IT Composites Limited reported revenue of £24.1m and £943k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Cure IT Composites Limited have?

Cure IT Composites Limited reported an average of 92 employees in the year to 31 Mar 2025.

Is Cure IT Composites Limited profitable?

Yes — Cure IT Composites Limited reported a profit of £943k in the year to 31 Mar 2025.

Company No. 01797547 · Incorporated 6 Mar 1984

Cure IT Composites Limited

Registered name: CURE IT COMPOSITES LIMITED

Part of Giants Hall Holdings Limited group

Cure IT Composites Limited made £24.1m revenue and £943k profit in the year to 31 Mar 2025.

Cure IT Composites Limited’s revenue fell 5% to £24.1m in the year to 31 Mar 2025, with £943k profit and 92 employees. The company is classified under “manufacture of other plastic products” and is based in Wigan; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22290Manufacture of other plastic products SIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Wigan, North West
Age: 42 yrs · since 1984
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 Mar 2025

Key figures

Revenue

£24.1m

Growth ▼5.3%

Profit

£943k

Growth ▼58.7%

Profit margin

3.9%

Gross 31%

Employees

Change ▼8.9%

Profit / employee

£10.2k

Revenue/employee £262k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£28.6m	£26.7m	£25.4m	£24.1m
Cost of sales	£21.1m	£20.5m	£17.2m	£16.6m
Gross profit	£7.5m	£6.2m	£8.2m	£7.5m
Operating profit	£1.9m	£1.6m	£3.3m	£1.3m
Profit before tax	£1.9m	£1.5m	£3.2m	£1.3m
Profit after tax	£1.5m	£1.2m	£2.3m	£943k
Profit (best available)	£1.5m	£1.2m	£2.3m	£943k
Staff costs	—	—	£3.9m	£4.1m
Employees (average)	89	89	101	92
Ratios
Profit margin	5.3%	4.5%	9%	3.9%
Gross margin	26.2%	23.4%	32.3%	31%
Revenue per employee	£322k	£300k	£252k	£262k
Profit per employee	£17.1k	£13.4k	£22.6k	£10.2k
Growth (year on year)
Revenue growth	—	▼6.8%	▼4.7%	▼5.3%
Profit growth	—	▼21.6%	▲91.4%	▼58.7%
Headcount growth	—	0%	▲13.5%	▼8.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£570k	£2.9m	£2.4m	£1.6m
Net assets	£6.1m	£6.6m	£8.4m	£8.4m
Fixed assets	£3.1m	£2.8m	£4.2m	£2.8m
Current assets	£8.5m	£8.8m	£8.5m	£8.6m
Debtors	£3.6m	£3m	£2.6m	£2.9m
Deferred income	£40k	£0	—	—
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	Accounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 3.9%; Profit ÷ revenue.
Gross margin: 31%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £262k; Revenue ÷ average employees.
Profit per employee: £10.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 11.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.2%; 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: ▼0%; Now £8.4m
Cash at bank: ▼32%; Now £1.6m
Headcount: ▼9%; Now 92
Deferred income: —; Now —
Fixed assets: ▼34%; Now £2.8m

Corporate ownership

Group structure

Ownership chain

Giants Hall Holdings Limitedultimate parent75–100%
Cure IT Composites Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (3)

Stronghold Composites LimitedFigures not disclosed
Topseal Systems LimitedFigures not disclosed
Tuff Waterproofing LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £943k), from the Companies House accounts bulk data published Dec 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.