Plastic Head Music Distribution Limited
Registered name: PLASTIC HEAD MUSIC DISTRIBUTION LIMITED
Plastic Head Music Distribution Limited made £15.2m revenue and £194k profit in the year to 31 Mar 2024.
Plastic Head Music Distribution Limited’s revenue fell 4% to £15.2m in the year to 31 Mar 2024, with £194k profit and 66 employees. The company is classified under “other amusement and recreation activities” and is based in Wallingford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wallingford, South East
- Age
- 38 yrs · since 1988
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £16.6m | £15.9m | £15.2m |
| Cost of sales | £12.9m | £12.2m | £11.8m |
| Gross profit | £3.6m | £3.7m | £3.5m |
| Operating profit | £154k | £304k | £271k |
| Profit before tax | £151k | £301k | £271k |
| Profit after tax | £112k | £238k | £194k |
| Profit (best available) | £112k | £238k | £194k |
| Staff costs | £2.2m | £2.1m | £2.1m |
| Employees (average) | 73 | 73 | 66 |
| Ratios | |||
| Profit margin | 0.7% | 1.5% | 1.3% |
| Gross margin | 21.9% | 23.1% | 22.8% |
| Revenue per employee | £227k | £218k | £231k |
| Profit per employee | £1.5k | £3.3k | £2.9k |
| Cash conversion | −274.4% | −4.4% | −284.8% |
| Growth (year on year) | |||
| Revenue growth | — | ▼4% | ▼4.2% |
| Profit growth | — | ▲111.5% | ▼18.3% |
| Headcount growth | — | 0% | ▼9.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £126k | £66.6k | £109k |
| Net assets | £160k | £110k | £16.3k |
| Fixed assets | £367k | £295k | £262k |
| Current assets | £3.9m | £3.4m | £3.1m |
| Debtors | £1.5m | £1.7m | £1.6m |
| Cash from operations | −£422k | −£13.5k | −£772k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- 1.3%
- Profit ÷ revenue.
- Gross margin
- 22.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £231k
- Revenue ÷ average employees.
- Profit per employee
- £2.9k
- Profit ÷ average employees.
- Cash conversion
- −284.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.7%
- 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
- ▼85%
- Now £16.3k
- Cash at bank
- ▲63%
- Now £109k
- Headcount
- ▼10%
- Now 66
- Deferred income
- —
- Now —
- Fixed assets
- ▼11%
- Now £262k
Similar profitable businesses
- Funstation LimitedNorthampton · Other amusement and recreation activities n.e.c.
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- Profit
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- Staff
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- Croeso Pubs LtdCardiff · Other amusement and recreation activities n.e.c.
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- Vibration Group LimitedLondon · Other amusement and recreation activities n.e.c.
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- Profit
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- Spa Seekers Ltd.London · Other amusement and recreation activities n.e.c.
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- Aok Events LimitedWigan · Other amusement and recreation activities n.e.c.
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- Cook and Associates LimitedBromsgrove · Other amusement and recreation activities n.e.c.
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £194k), from the Companies House accounts bulk data published Feb 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.