How much does Vida Wood UK Limited make?

Vida Wood UK Limited reported revenue of £95.8m and £743k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Vida Wood UK Limited have?

Vida Wood UK Limited reported an average of 9 employees in the year to 31 Dec 2023.

Is Vida Wood UK Limited profitable?

Yes — Vida Wood UK Limited reported a profit of £743k in the year to 31 Dec 2023.

Company No. 01886806 · Incorporated 15 Feb 1985

Vida Wood UK Limited

Registered name: VIDA WOOD UK LIMITED

Vida Wood UK Limited made £95.8m revenue and £743k profit in the year to 31 Dec 2023.

Vida Wood UK Limited’s revenue fell 34% to £95.8m in the year to 31 Dec 2023, with £743k profit and 9 employees. The company is classified under “agents involved in the sale of timber and building materials” and is based in Billericay; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46130Agents involved in the sale of timber and building materials

Status: Active
Location: Billericay, East of England
Age: 41 yrs · since 1985
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentSmall teamCapital-light

Revenue

£95.8m

Growth ▼33.8%

Profit

£743k

Growth ▼52.2%

Profit margin

0.8%

Gross 2.9%

Employees

Change ▼10%

Profit / employee

£82.5k

Revenue/employee £10.6m

Profitable streak

2yrs

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 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£145m	£95.8m
Cost of sales	£141m	£93m
Gross profit	£3.5m	£2.8m
Operating profit	£2.3m	£1.3m
Profit before tax	£1.9m	£989k
Profit after tax	£1.6m	£743k
Profit (best available)	£1.6m	£743k
Staff costs	£695k	£473k
Employees (average)	10	9
Ratios
Profit margin	1.1%	0.8%
Gross margin	2.4%	2.9%
Revenue per employee	£14.5m	£10.6m
Profit per employee	£155k	£82.5k
Growth (year on year)
Revenue growth	—	▼33.8%
Profit growth	—	▼52.2%
Headcount growth	—	▼10%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.4k	£259
Net assets	£10.7m	£11.5m
Fixed assets	£47.6k	£93k
Current assets	£32.6m	£23.2m
Debtors	£15.5m	£11.5m
Deferred income	£1.8m	£2.2m
Source	Accounts · bulk data Apr 2024	Accounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: 0.8%; Profit ÷ revenue.
Gross margin: 2.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £10.6m; Revenue ÷ average employees.
Profit per employee: £82.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12%; 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 £11.5m
Cash at bank: ▼92%; Now £259
Headcount: ▼10%; Now 9
Deferred income: ▲20%; Now £2.2m
Fixed assets: ▲95%; Now £93k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit £743k), from the Companies House accounts bulk data published Apr 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.