Indespension Ltd
Registered name: INDESPENSION LTD
Part of D.r.a. Ltd groupIndespension Ltd made £15.3m revenue and a £261k loss in the year to 31 Oct 2025. read from filing text
Indespension Ltd’s revenue grew 3% to £15.3m in the year to 31 Oct 2025, with a loss of £261k and 133 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Horwich, Bolton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Horwich, Bolton, North West
- Age
- 39 yrs · since 1987
- 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. From the filing: “The directors consider the ultimate parent undertaking to be D.R.A. Ltd, a company registered in England & Wales, which is the largest undertaking to prepare group accounts includ”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £20.5m | £18.8m | £14.9m | £15.3m |
| Cost of sales | £11.1m | £9.9m | £7.7m | £7.8m |
| Gross profit | £9.4m | £8.9m | £7.2m | £7.6m |
| Operating profit | £372k | £138k | −£408k | −£115k |
| Profit before tax | £231k | −£59k | −£639k | −£286k |
| Profit after tax | £235k | −£5k | −£593k | −£261k |
| Profit (best available) | £235k | −£5k | −£593k | −£261k |
| Staff costs | £5.4m | £5.7m | £4.4m | £4.6m |
| Employees (average) | 176 | 172 | 139 | 133 |
| Ratios | ||||
| Profit margin | 1.1% | 0% | −4% | −1.7% |
| Gross margin | 45.8% | 47.5% | 48.2% | 49.3% |
| Revenue per employee | £117k | £109k | £107k | £115k |
| Profit per employee | £1.3k | −£29 | −£4.3k | −£2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼8.3% | ▼20.8% | ▲2.8% |
| Profit growth | — | ▼102.1% | — | — |
| Headcount growth | — | ▼2.3% | ▼19.2% | ▼4.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £0 | £11k | £151k | £113k |
| Net assets | £3.8m | £4m | £3.5m | £3.3m |
| Fixed assets | £1.7m | £1.7m | £1.8m | £1.8m |
| Current assets | £8.7m | £8.1m | £6.9m | £6.7m |
| Debtors | £2.3m | £1.3m | £1.2m | £1.1m |
| Deferred income | £69k | £204k | £86k | £110k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −1.7%
- Profit ÷ revenue.
- Gross margin
- 49.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £115k
- Revenue ÷ average employees.
- Profit per employee
- −£2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 11.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.9%
- 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
- ▼5%
- Now £3.3m
- Cash at bank
- ▼25%
- Now £113k
- Headcount
- ▼4%
- Now 133
- Deferred income
- ▲28%
- Now £110k
- Fixed assets
- ▼0%
- Now £1.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- D.r.a. Ltdultimate parent75–100%
- Indespension Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Tow-a-Van LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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- Knauf Ceiling Solutions LimitedUxbridge · Manufacture of other fabricated metal products n.e.c.
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- Profit
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- Graham Engineering LimitedManchester · Manufacture of other fabricated metal products n.e.c.
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- Has-Vent LimitedWolverhampton · Manufacture of other fabricated metal products n.e.c.
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- £15.8m
- Profit
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- Lyte Ladders and Towers LimitedLondon · Manufacture of other fabricated metal products n.e.c.
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- Profit
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- T W Fabrications (Structures) LimitedPreston · Manufacture of other fabricated metal products n.e.c.
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit −£261k), from the Companies House accounts bulk data published Jul 2026. 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.