How much does Belzona Limited make?

Belzona Limited reported revenue of £23.8m and £5.3m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Belzona Limited have?

Belzona Limited reported an average of 136 employees in the year to 31 Dec 2025.

Is Belzona Limited profitable?

Yes — Belzona Limited reported a profit of £5.3m in the year to 31 Dec 2025.

Company No. 03254747 · Incorporated 20 Sep 1996

Belzona Limited

Registered name: BELZONA LIMITED

Part of Belzona International Limited group

Belzona Limited made £23.8m revenue and £5.3m profit in the year to 31 Dec 2025. read from filing text

Belzona Limited’s revenue fell 14% to £23.8m in the year to 31 Dec 2025, with £5.3m profit and 136 employees. The company is classified under “manufacture of paints, varnishes and similar coatings, mastics and sealants” and is based in North Yorkshire; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 20301Manufacture of paints, varnishes and similar coatings, mastics and sealants

Status: Active
Location: North Yorkshire, Yorkshire and The Humber
Age: 30 yrs · since 1996
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. From the filing: “The largest group in which the results of the company are consolidated is that headed by Belzona International Limited, a company registered in England and Wales. Copies of the consolidated accounts c”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£23.8m

Growth ▼13.7%

Profit

£5.3m

Growth ▼12.6%

Profit margin

22.2%

Gross 58.8%

Employees

136

Change ▼7.5%

Profit / employee

£38.8k

Revenue/employee £175k

Profitable streak

4yrs

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Profit only	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£32.4m	£27.6m	£23.8m
Cost of sales	£14.5m	£16.1m	£13.1m	£9.8m
Gross profit	—	£16.3m	£14.4m	£14m
Operating profit	—	£8.9m	£7.8m	£7m
Profit before tax	£10.4m	£9.3m	£8.2m	£7.3m
Profit after tax	£8.5m	£7m	£6m	£5.3m
Profit (best available)	£8.5m	£7m	£6m	£5.3m
Staff costs	£7.1m	£6.7m	£6.2m	£6.1m
Employees (average)	161	156	147	136
Ratios
Profit margin	—	21.7%	21.9%	22.2%
Gross margin	—	50.3%	52.3%	58.8%
Revenue per employee	—	£207k	£188k	£175k
Profit per employee	£52.9k	£45k	£41.1k	£38.8k
Cash conversion	—	−76%	—	—
Growth (year on year)
Revenue growth	—	—	▼14.8%	▼13.7%
Profit growth	—	▼17.6%	▼13.9%	▼12.6%
Headcount growth	—	▼3.1%	▼5.8%	▼7.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£13.3m	£10.1m	£10.4m	£13.6m
Net assets	£36.4m	£39.3m	£40.7m	£41.1m
Fixed assets	£11.6m	£14.2m	£14.3m	£14.3m
Current assets	£30.3m	£28.2m	£27.6m	£30.2m
Debtors	£798k	£0	£0	£126k
Deferred income	£2.4m	£1.4m	£553k	£2.2m
Cash from operations	−£9.7m	−£6.8m	—	—
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 22.2%; Profit ÷ revenue.
Gross margin: 58.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £175k; Revenue ÷ average employees.
Profit per employee: £38.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 60.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 9.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.5%; 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 £41.1m
Cash at bank: ▲31%; Now £13.6m
Headcount: ▼7%; Now 136
Deferred income: ▲299%; Now £2.2m
Fixed assets: ▲0%; Now £14.3m

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

Corporate ownership

Group structure

Ownership chain

Belzona International Limitedultimate parent75–100%
Belzona Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Belzona UK LtdFigures not disclosed
Belzona-Z LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £5.3m), from the Companies House accounts bulk data published Sep 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.