Carpenter Box Limited
Registered name: CARPENTER BOX LIMITED
Part of Tosca Penta Accountants Limited Partnership groupCarpenter Box Limited made £14m revenue and £1.6m profit in the year to 31 Mar 2023. read from filing text
Carpenter Box Limited’s revenue grew 9% to £14m in the year to 31 Mar 2023, with £1.6m profit and 18 employees. The company is classified under “accounting and auditing activities” and is based in Worthing; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Worthing, South East
- Age
- 37 yrs · since 1989
- 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 | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £12.8m | £14m |
| Cost of sales | £8.2m | £8.9m |
| Gross profit | £4.6m | £5.1m |
| Operating profit | £1.8m | £2m |
| Profit before tax | £1.7m | £2m |
| Profit after tax | £1.4m | £1.6m |
| Profit (best available) | £1.4m | £1.6m |
| Employees (average) | 18 | 18 |
| Ratios | ||
| Profit margin | 10.6% | 11.1% |
| Gross margin | 36% | 36.3% |
| Revenue per employee | £711k | £778k |
| Profit per employee | £75.6k | £86.1k |
| Cash conversion | −111.1% | −89.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▲9.3% |
| Profit growth | — | ▲13.9% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £800k | £878k |
| Net assets | £5.8m | £6.2m |
| Fixed assets | £3.1m | £2.8m |
| Current assets | £5m | £5.6m |
| Debtors | £2.6m | £3m |
| Deferred income | £146k | £103k |
| Cash from operations | −£2m | −£1.8m |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 |
How the business works
- Profit margin
- 11.1%
- Profit ÷ revenue.
- Gross margin
- 36.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £778k
- Revenue ÷ average employees.
- Profit per employee
- £86.1k
- Profit ÷ average employees.
- Cash conversion
- −89.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 19.8%
- 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
- 21.3%
- 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
- ▲6%
- Now £6.2m
- Cash at bank
- ▲10%
- Now £878k
- Headcount
- 0%
- Now 18
- Deferred income
- ▼30%
- Now £103k
- Fixed assets
- ▼9%
- Now £2.8m
Group structure
Ownership chain
- Tosca Penta Accountants Limited Partnershipultimate parent75–100%
- Sumer Group Holdings Limited75–100%
- Sumer Group Midco Limited75–100%
- Sumer Group Midco 2 Limited75–100%
- Sumer Group Bidco Limited50–75%
- Carpenter Box Professional Services Limited75–100%
- Carpenter Box Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Boormans Accountants LtdFigures not disclosed
- Clark Brownscombe LimitedFigures not disclosed
- Jones Avens LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £1.6m), from the Companies House accounts bulk data published Nov 2023. 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.