Munster Joinery (U.K.) Limited
Registered name: MUNSTER JOINERY (U.K.) LIMITED
Munster Joinery (U.K.) Limited made £122m revenue and £3.8m profit in the year to 31 Dec 2024.
Munster Joinery (U.K.) Limited’s revenue grew 9% to £122m in the year to 31 Dec 2024, with £3.8m profit and 0 employees. The company is classified under “joinery installation” and is based in Warwick; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Warwick, West Midlands
- Age
- 30 yrs · since 1996
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £102m | £114m | £112m | £122m |
| Cost of sales | £97.2m | £109m | £107m | £115m |
| Gross profit | £4.6m | £5.1m | £5.3m | £6.7m |
| Operating profit | £3m | £3.9m | £3.3m | £5.1m |
| Profit before tax | £3m | £3.9m | £3.3m | £5.1m |
| Profit after tax | £2.4m | £3.2m | £2.5m | £3.8m |
| Profit (best available) | £2.4m | £3.2m | £2.5m | £3.8m |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | 2.4% | 2.8% | 2.2% | 3.1% |
| Gross margin | 4.5% | 4.5% | 4.7% | 5.5% |
| Cash conversion | 254.9% | 158.3% | 431.2% | 143.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲11.9% | ▼1.5% | ▲8.8% |
| Profit growth | — | ▲30.1% | ▼22% | ▲53.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | −£11.3m | £8m | £14.6m | £4.4m |
| Net assets | £15.8m | £19m | £21.4m | £25.2m |
| Fixed assets | £94.9k | £71.1k | £29.2k | £23k |
| Current assets | £88m | £97.5m | £111m | £119m |
| Debtors | £19.7m | £21.3m | £21.4m | £21.1m |
| Cash from operations | £7.7m | £6.2m | £14.1m | £7.3m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | Reports and Financial Statements · bulk data Dec 2024 | Reports and Financial Statements · bulk data Oct 2025 |
How the business works
- Profit margin
- 3.1%
- Profit ÷ revenue.
- Gross margin
- 5.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- 143.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.3%
- 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
- ▲18%
- Now £25.2m
- Cash at bank
- ▼70%
- Now £4.4m
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼21%
- Now £23k
Similar profitable businesses
Sources
Latest figures from Reports and Financial Statements for the year to 31 Dec 2024 (profit £3.8m), from the Companies House accounts bulk data published Oct 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.