How much does Environtec Limited make?

Environtec Limited reported revenue of £12.3m and £303k profit in the year to 31 Jul 2023, according to its accounts filed at Companies House.

How many employees does Environtec Limited have?

Environtec Limited reported an average of 212 employees in the year to 31 Jul 2023.

Is Environtec Limited profitable?

Yes — Environtec Limited reported a profit of £303k in the year to 31 Jul 2023.

Company No. 02981693 · Incorporated 21 Oct 1994

Environtec Limited

Registered name: ENVIRONTEC LIMITED

Part of Sunrise Acquisition Midco Limited group

Environtec Limited made £12.3m revenue and £303k profit in the year to 31 Jul 2023.

Environtec Limited’s revenue fell 5% to £12.3m in the year to 31 Jul 2023, with £303k profit and 212 employees. The company is classified under “technical testing and analysis” and is based in Leicester; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71200Technical testing and analysis

Status: Active
Location: Leicester, East Midlands
Age: 31 yrs · since 1994
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.

Latest accounts · year to 31 Jul 2023

Key figures

Capital-lightCash flow filed

Revenue

£12.3m

Growth ▼4.9%

Profit

£303k

Growth ▼52.6%

Profit margin

2.5%

Gross 36.7%

Employees

212

Change ▼3.6%

Profit / employee

£1.4k

Revenue/employee £58k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jul 2022	31 Jul 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.9m	£12.3m
Cost of sales	£7.9m	£7.8m
Gross profit	£5m	£4.5m
Operating profit	£826k	£393k
Profit before tax	£826k	£394k
Profit after tax	£640k	£303k
Profit (best available)	£640k	£303k
Staff costs	£6.8m	£6.9m
Employees (average)	220	212
Ratios
Profit margin	5%	2.5%
Gross margin	38.6%	36.7%
Revenue per employee	£58.7k	£58k
Profit per employee	£2.9k	£1.4k
Cash conversion	−120.2%	−164.5%
Growth (year on year)
Revenue growth	—	▼4.9%
Profit growth	—	▼52.6%
Headcount growth	—	▼3.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£13.3k	£121k
Net assets	£3.3m	£3.3m
Fixed assets	£318k	£276k
Current assets	£5.5m	£5.1m
Debtors	£2.5m	£2.1m
Cash from operations	−£992k	−£646k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: 2.5%; Profit ÷ revenue.
Gross margin: 36.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £58k; Revenue ÷ average employees.
Profit per employee: £1.4k; Profit ÷ average employees.
Cash conversion: −164.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.8%; 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: ▼1%; Now £3.3m
Cash at bank: ▲811%; Now £121k
Headcount: ▼4%; Now 212
Deferred income: —; Now —
Fixed assets: ▼13%; Now £276k

Corporate ownership

Group structure

Ownership chain

Sunrise Acquisition Midco Limitedultimate parent75–100%
Sunrise Acquisition Bidco Limited75–100%
Project Ignis Topco Limited75–100%
Project Ignis Bidco Limited75–100%
Obsequio Group Parent Limited75–100%
Obsequio Group Limited75–100%
Environtec Group Limited75–100%
Environtec 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2023 (profit £303k), from the Companies House accounts bulk data published Jan 2024. 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.