O&h Vehicle Conversions Limited
Registered name: O&H VEHICLE CONVERSIONS LIMITED
Part of Oughtred And Harrison Holdings Limited groupO&h Vehicle Conversions Limited made £22.2m revenue and £6.4m profit in the year to 27 Feb 2024.
O&h Vehicle Conversions Limited’s revenue grew 59% to £22.2m in the year to 27 Feb 2024, with £6.4m profit and 181 employees. The company is classified under “manufacture of bodies (coachwork) for motor vehicles (except caravans)” and is based in Liverpool; we hold 2 years of its filed accounts.
- Status
- In Administration
- Location
- Liverpool, North West
- Age
- 38 yrs · since 1988
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 27 Feb 2023 | 27 Feb 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £13.9m | £22.2m |
| Cost of sales | £14.3m | £22.6m |
| Gross profit | −£421k | −£463k |
| Operating profit | −£7.9m | £5.7m |
| Profit before tax | −£7.9m | £6m |
| Profit after tax | −£7.9m | £6.4m |
| Profit (best available) | −£7.9m | £6.4m |
| Staff costs | £2.3m | £7m |
| Employees (average) | 66 | 181 |
| Ratios | ||
| Profit margin | −57% | 28.9% |
| Gross margin | −3% | −2.1% |
| Revenue per employee | £211k | £122k |
| Profit per employee | −£120k | £35.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▲59.1% |
| Headcount growth | — | ▲174.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £860k | £2.7m |
| Net assets | −£10.5m | −£4.1m |
| Fixed assets | £269k | £346k |
| Current assets | £13.8m | £13.4m |
| Debtors | £1.2m | £1.2m |
| Deferred income | £2.1m | £618k |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- 28.9%
- Profit ÷ revenue.
- Gross margin
- −2.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £122k
- Revenue ÷ average employees.
- Profit per employee
- £35.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.5%
- 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
- —
- Now −£4.1m
- Cash at bank
- ▲212%
- Now £2.7m
- Headcount
- ▲174%
- Now 181
- Deferred income
- ▼70%
- Now £618k
- Fixed assets
- ▲29%
- Now £346k
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
- Oughtred And Harrison Holdings Limited (registered outside the UK register)ultimate parent75–100%
- O&h Vehicle Conversions 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).
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Sources
Latest figures from FullAccounts for the year to 27 Feb 2024 (profit £6.4m), 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.