Steve Woods Limited
Registered name: STEVE WOODS LIMITED
Steve Woods Limited made £4.6m revenue and £11.3k profit in the year to 31 Mar 2025.
Steve Woods Limited’s revenue fell 4% to £4.6m in the year to 31 Mar 2025, with £11.3k profit and 17 employees. The company is classified under “machining” and is based in Wigan; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wigan, North West
- Age
- 30 yrs · since 1996
- Type
- Private Limited Company
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) | £6.5m | £5.5m | £4.7m | £4.6m |
| Cost of sales | £4.9m | £4.2m | £3.6m | £3.4m |
| Gross profit | £1.6m | £1.3m | £1.1m | £1.2m |
| Operating profit | £532k | £68.1k | −£50.8k | £79.5k |
| Profit before tax | £491k | £19.8k | −£135k | £294 |
| Profit after tax | £365k | £19.6k | −£119k | £11.3k |
| Profit (best available) | £365k | £19.6k | −£119k | £11.3k |
| Staff costs | £840k | £779k | £806k | £774k |
| Employees (average) | 17 | 17 | 18 | 17 |
| Ratios | ||||
| Profit margin | 5.6% | 0.4% | −2.5% | 0.3% |
| Gross margin | 24.6% | 23.8% | 24% | 25.9% |
| Revenue per employee | £385k | £323k | £264k | £268k |
| Profit per employee | £21.5k | £1.1k | −£6.6k | £666 |
| Growth (year on year) | ||||
| Revenue growth | — | ▼16.1% | ▼13.6% | ▼4% |
| Profit growth | — | ▼94.7% | ▼709.5% | — |
| Headcount growth | — | 0% | ▲5.9% | ▼5.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.7k | £3.1k | £6.7k | £11.1k |
| Net assets | £2.8m | £2.8m | £2.7m | £2.7m |
| Fixed assets | £1.9m | £1.8m | £1.8m | £1.7m |
| Current assets | £4.5m | £4.7m | £3.8m | £3.4m |
| Debtors | £1.3m | £846k | £585k | £741k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0.3%
- Profit ÷ revenue.
- Gross margin
- 25.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £268k
- Revenue ÷ average employees.
- Profit per employee
- £666
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 37%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.3%
- 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
- ▲0%
- Now £2.7m
- Cash at bank
- ▲65%
- Now £11.1k
- Headcount
- ▼6%
- Now 17
- Deferred income
- —
- Now —
- Fixed assets
- ▼5%
- Now £1.7m
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £11.3k), 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.