Barretts of Aspley Limited
Registered name: BARRETTS OF ASPLEY LIMITED
Part of Boa Holdings Limited groupBarretts of Aspley Limited made £9.1m revenue and a £1.1m loss in the year to 31 Mar 2025.
Barretts of Aspley Limited’s revenue fell 28% to £9.1m in the year to 31 Mar 2025, with a loss of £1.1m and 56 employees. The company is classified under “manufacture of tubes, pipes, hollow profiles and related fittings, of steel” and is based in Northampton; we hold 4 years of its filed accounts.
- Status
- Liquidation
- Location
- Northampton, East Midlands
- Age
- 35 yrs · since 1991
- 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 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £11.2m | £13.7m | £12.6m | £9.1m |
| Cost of sales | £10.8m | £12m | £10.5m | £8.3m |
| Gross profit | £364k | £1.8m | £2.1m | £833k |
| Operating profit | −£1.8m | −£310k | −£142k | −£1.1m |
| Profit before tax | −£1.8m | −£310k | −£141k | −£1.1m |
| Profit after tax | −£1.7m | £12.6k | −£141k | −£1.1m |
| Profit (best available) | −£1.7m | £12.6k | −£141k | −£1.1m |
| Staff costs | £3.2m | £3.3m | £3.3m | £2.4m |
| Employees (average) | 73 | 66 | 67 | 56 |
| Ratios | ||||
| Profit margin | −15.5% | 0.1% | −1.1% | −12.4% |
| Gross margin | 3.3% | 12.8% | 16.8% | 9.2% |
| Revenue per employee | £153k | £208k | £188k | £163k |
| Profit per employee | −£23.8k | £190 | −£2.1k | −£20.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲22.7% | ▼8.3% | ▼27.7% |
| Profit growth | — | — | ▼1223% | — |
| Headcount growth | — | ▼9.6% | ▲1.5% | ▼16.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £393k | £81.3k | £301k | £320k |
| Net assets | £2.5m | £2.5m | £2.3m | £1.2m |
| Current assets | £4.6m | £4.5m | £5.5m | £2.9m |
| Debtors | £414k | £600k | £1.8m | £12.2k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −12.4%
- Profit ÷ revenue.
- Gross margin
- 9.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £163k
- Revenue ÷ average employees.
- Profit per employee
- −£20.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▼49%
- Now £1.2m
- Cash at bank
- ▲6%
- Now £320k
- Headcount
- ▼16%
- Now 56
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Boa Holdings Limitedultimate parent75–100%
- Barretts of Aspley Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Boa Plant LimitedRev. £1.2m · Profit £6.9k
- North Common Property Holdings LimitedRev. £1m · Profit £414k
- Boa Asset Services 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 2025 (profit −£1.1m), from the Companies House accounts bulk data published Dec 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.