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Company No. 02079553 · Incorporated 2 Dec 1986

Binder Limited

Registered name: BINDER LIMITED

Binder Limited made £13.1m revenue and £1.3m profit in the year to 30 Apr 2025.

Binder Limited’s revenue grew 4% to £13.1m in the year to 30 Apr 2025, with £1.3m profit and 102 employees. The company is classified under “other business support service activities” and is based in Ipswich; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
Status
Active
Location
Ipswich, East of England
Age
39 yrs · since 1986
Type
Private Limited Company
Latest accounts · year to 30 Apr 2025

Key figures

IndependentCash flow filed
Revenue
£13.1m
Growth ▲4.3%
Profit
£1.3m
Growth ▼10.2%
Profit margin
9.7%
Gross 34%
Employees
102
Change ▲8.5%
Profit / employee
£12.4k
Revenue/employee £129k
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 to30 Apr 202230 Apr 202330 Apr 202430 Apr 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£10.9m£11.5m£12.6m£13.1m
Cost of sales£6.9m£7.8m£7.9m£8.7m
Gross profit£3.9m£3.7m£4.7m£4.5m
Operating profit£1.6m£1.3m£1.8m£1.6m
Profit before tax£1.6m£1.3m£1.9m£1.6m
Profit after tax£1.3m£1m£1.4m£1.3m
Profit (best available)£1.3m£1m£1.4m£1.3m
Staff costs£3.4m£4.3m£4.4m£4.9m
Employees (average)839394102
Ratios
Profit margin12.2%9.1%11.2%9.7%
Gross margin36.2%32.4%37.2%34%
Revenue per employee£131k£124k£134k£129k
Profit per employee£16k£11.2k£15k£12.4k
Cash conversion66.8%121.7%114.1%96.1%
Growth (year on year)
Revenue growth—▲6.1%▲9%▲4.3%
Profit growth—▼21.2%▲35.2%▼10.2%
Headcount growth—▲12%▲1.1%▲8.5%
Balance sheet — indirect signals, not revenue
Cash at bank£3m£3.3m£3.6m£4.1m
Net assets£5.5m£6.1m£6.9m£6.1m
Fixed assets£2.3m£2.5m£3m£3.5m
Current assets£5.3m£5.9m£6.6m£6.9m
Debtors£1.2m£1.3m£1.2m£1.3m
Deferred income£401k£321k£429k£401k
Cash from operations£1.1m£1.5m£2.1m£1.5m
SourceAccounts · bulk data Jan 2024Accounts · bulk data Jan 2024FullAccounts · bulk data Nov 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
9.7%
Profit ÷ revenue.
Gross margin
34%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£129k
Revenue ÷ average employees.
Profit per employee
£12.4k
Profit ÷ average employees.
Cash conversion
96.1%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
26.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.9%
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 £6.1m
Cash at bank
▲11%
Now £4.1m
Headcount
▲9%
Now 102
Deferred income
▼7%
Now £401k
Fixed assets
▲17%
Now £3.5m

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 FullAccounts for the year to 30 Apr 2025 (profit £1.3m), 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.