Enicor Limited
Registered name: ENICOR LIMITED
Part of Pittsburgh Topco Limited groupEnicor Limited made £57.5m revenue and £2.2m profit in the year to 31 May 2025.
Enicor Limited’s revenue fell 22% to £57.5m in the year to 31 May 2025, with £2.2m profit and 44 employees. The company is classified under “recovery of sorted materials” and is based in Chesterfield; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Chesterfield, Yorkshire and The Humber
- Age
- 29 yrs · since 1997
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £57.4m | £63.7m | £73.6m | £57.5m |
| Cost of sales | £46.2m | £52.7m | £59.9m | £47.3m |
| Gross profit | £11.2m | £11m | £13.8m | £10.2m |
| Operating profit | £8.3m | £6.2m | £4.5m | £2.4m |
| Profit before tax | £8.3m | £6.3m | £4m | £2.4m |
| Profit after tax | £6.7m | £6.4m | £5.4m | £2.2m |
| Profit (best available) | £6.7m | £6.4m | £5.4m | £2.2m |
| Staff costs | £1.2m | £1.6m | £1.7m | £1.8m |
| Employees (average) | 44 | 39 | 38 | 44 |
| Ratios | ||||
| Profit margin | 11.7% | 10.1% | 7.3% | 3.8% |
| Gross margin | 19.6% | 17.3% | 18.7% | 17.7% |
| Revenue per employee | £1.3m | £1.6m | £1.9m | £1.3m |
| Profit per employee | £153k | £164k | £142k | £50.1k |
| Cash conversion | −75.9% | 258.6% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲11% | ▲15.6% | ▼21.9% |
| Profit growth | — | ▼4.7% | ▼15.8% | ▼59.2% |
| Headcount growth | — | ▼11.4% | ▼2.6% | ▲15.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £18.2m | £2.5m | £3.7m | £2.1m |
| Net assets | £25.7m | £32.1m | £37.5m | £39.7m |
| Fixed assets | £2.9m | £592k | £1.7m | £2.4m |
| Current assets | £29.5m | £38.1m | £45.7m | £44.7m |
| Debtors | £3.3m | £938k | £3m | £1.4m |
| Cash from operations | −£6.3m | £16m | — | — |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 3.8%
- Profit ÷ revenue.
- Gross margin
- 17.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.3m
- Revenue ÷ average employees.
- Profit per employee
- £50.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.5%
- 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
- ▲6%
- Now £39.7m
- Cash at bank
- ▼45%
- Now £2.1m
- Headcount
- ▲16%
- Now 44
- Deferred income
- —
- Now —
- Fixed assets
- ▲39%
- Now £2.4m
Group structure
Ownership chain
- Pittsburgh Topco Limitedultimate parent75–100%
- Pittsburgh Midco 1 Limited75–100%
- Pittsburgh Midco 2 Limited75–100%
- Enicor Group Limited75–100%
- Enicor Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Enicor Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £2.2m), from the Companies House accounts bulk data published Feb 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.