How much does Jointline Limited make?

Jointline Limited reported revenue of £16.2m and £760k profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Jointline Limited have?

Jointline Limited reported an average of 115 employees in the year to 31 Mar 2024.

Is Jointline Limited profitable?

Yes — Jointline Limited reported a profit of £760k in the year to 31 Mar 2024.

Company No. 01878959 · Incorporated 18 Jan 1985

Jointline Limited

Registered name: JOINTLINE LIMITED

Part of Phipps & Company Limited group

Jointline Limited made £16.2m revenue and £760k profit in the year to 31 Mar 2024. read from filing text

Jointline Limited’s revenue grew 24% to £16.2m in the year to 31 Mar 2024, with £760k profit and 115 employees. The company is classified under “support services to forestry” and is based in Witham ST Hughs; we hold 2 years of its filed accounts.

Full P&L filedSection A · Agriculture, forestry and fishingSIC 02400Support services to forestry SIC 42110Construction of roads and motorways SIC 42990Construction of other civil engineering projects n.e.c.

Status: Active
Location: Witham ST Hughs, East Midlands
Age: 41 yrs · since 1985
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 2024

Key figures

Revenue

£16.2m

Growth ▲23.5%

Profit

£760k

Growth —

Profit margin

4.7%

Gross 24.6%

Employees

115

Change ▲1.8%

Profit / employee

£6.6k

Revenue/employee £141k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£13.1m	£16.2m
Cost of sales	£10.6m	£12.2m
Gross profit	£2.5m	£4m
Operating profit	−£175k	£863k
Profit before tax	−£214k	£795k
Profit after tax	−£14.7k	£760k
Profit (best available)	−£14.7k	£760k
Employees (average)	113	115
Ratios
Profit margin	−0.1%	4.7%
Gross margin	19.3%	24.6%
Revenue per employee	£116k	£141k
Profit per employee	−£130	£6.6k
Growth (year on year)
Revenue growth	—	▲23.5%
Headcount growth	—	▲1.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£156	£2.3k
Net assets	£6.7m	£7.5m
Fixed assets	£1.6m	£2.2m
Current assets	£7.9m	£8.8m
Debtors	£2.4m	£2.7m
Deferred income	£154k	£218k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: 4.7%; Profit ÷ revenue.
Gross margin: 24.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £141k; Revenue ÷ average employees.
Profit per employee: £6.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.6%; 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: ▲11%; Now £7.5m
Cash at bank: ▲1378%; Now £2.3k
Headcount: ▲2%; Now 115
Deferred income: ▲42%; Now £218k
Fixed assets: ▲37%; Now £2.2m

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

Phipps & Company Limitedultimate parent75–100%
Jointline Holdings Limited75–100%
Jointline 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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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £760k), from the Companies House accounts bulk data published Aug 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.