How much does Trueline Expanded Products Ltd. make?

Trueline Expanded Products Ltd. reported revenue of £9.7m and a loss of £737k in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Trueline Expanded Products Ltd. have?

Trueline Expanded Products Ltd. reported an average of 73 employees in the year to 31 Oct 2025.

Is Trueline Expanded Products Ltd. profitable?

No — Trueline Expanded Products Ltd. reported a loss of £737k in the year to 31 Oct 2025.

Company No. 02907163 · Incorporated 10 Mar 1994

Trueline Expanded Products Ltd.

Registered name: TRUELINE EXPANDED PRODUCTS LTD.

Trueline Expanded Products Ltd. made £9.7m revenue and a £737k loss in the year to 31 Oct 2025.

Trueline Expanded Products Ltd.’s revenue fell 22% to £9.7m in the year to 31 Oct 2025, with a loss of £737k and 73 employees. The company is classified under “other specialised construction activities” and is based in Kidderminster; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Kidderminster, West Midlands
Age: 32 yrs · since 1994
Type: Private Limited Company

Latest accounts · year to 31 Oct 2025

Key figures

IndependentBoring industryCash flow filed

Revenue

£9.7m

Growth ▼22.4%

Profit

−£737k

Growth ▼149%

Profit margin

−7.6%

Gross 40.4%

Employees

Change ▲1.4%

Profit / employee

−£10.1k

Revenue/employee £133k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.7m	£12.7m	£12.5m	£9.7m
Cost of sales	£5.4m	£6.7m	£6.7m	£5.8m
Gross profit	£4.3m	£6m	£5.8m	£3.9m
Operating profit	£1.2m	£2.5m	£1.8m	−£975k
Profit before tax	£1.1m	£2.5m	£1.7m	−£1.1m
Profit after tax	£986k	£1.9m	£1.5m	−£737k
Profit (best available)	£986k	£1.9m	£1.5m	−£737k
Staff costs	£1.8m	£2.3m	£2.7m	£3.1m
Employees (average)	59	68	72	73
Ratios
Profit margin	10.2%	14.9%	12%	−7.6%
Gross margin	44.1%	47.2%	46.4%	40.4%
Revenue per employee	£164k	£186k	£174k	£133k
Profit per employee	£16.7k	£27.7k	£20.9k	−£10.1k
Cash conversion	−75.1%	−97.6%	−111.7%	—
Growth (year on year)
Revenue growth	—	▲30.7%	▼1%	▼22.4%
Profit growth	—	▲90.9%	▼20.1%	▼149%
Headcount growth	—	▲15.3%	▲5.9%	▲1.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£384k	£908k	£392k	£131k
Net assets	£4.4m	£4.8m	£5.8m	£4.5m
Fixed assets	£2.3m	£2m	£2.5m	£2.7m
Current assets	£6.1m	£7m	£7.6m	£6m
Debtors	£2.1m	£2.5m	£3.1m	£2.2m
Deferred income	—	—	£0	£576
Cash from operations	−£892k	−£2.5m	−£2m	−£518k
Source	Accounts · bulk data Jul 2024	Accounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: −7.6%; Profit ÷ revenue.
Gross margin: 40.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £133k; Revenue ÷ average employees.
Profit per employee: −£10.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 27.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.6%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼23%; Now £4.5m
Cash at bank: ▼67%; Now £131k
Headcount: ▲1%; Now 73
Deferred income: —; Now £576
Fixed assets: ▲10%; Now £2.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit −£737k), 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.