How much does Propipe Ltd make?

Propipe Ltd reported revenue of £10.6m and £250k profit in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does Propipe Ltd have?

Propipe Ltd reported an average of 65 employees in the year to 31 Jan 2025.

Is Propipe Ltd profitable?

Yes — Propipe Ltd reported a profit of £250k in the year to 31 Jan 2025.

Company No. 03484444 · Incorporated 22 Dec 1997

Propipe Ltd

Registered name: PROPIPE LTD

Propipe Ltd made £10.6m revenue and £250k profit in the year to 31 Jan 2025.

Propipe Ltd’s revenue fell 2% to £10.6m in the year to 31 Jan 2025, with £250k profit and 65 employees. The company is classified under “other manufacturing” and is based in Hartlepool; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.

Status: Active
Location: Hartlepool, North East
Age: 28 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. From the filing: “No individual shareholder or director has control of the company.”

Latest accounts · year to 31 Jan 2025

Key figures

Cash flow filed

Revenue

£10.6m

Growth ▼2.3%

Profit

£250k

Growth ▲58.1%

Profit margin

2.4%

Gross 26.9%

Employees

Change ▲32.6%

Profit / employee

£3.8k

Revenue/employee £163k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023	31 Jan 2024	31 Jan 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£10.8m	£10.6m
Cost of sales	—	—	£8.2m	£7.7m
Gross profit	—	—	£2.7m	£2.9m
Operating profit	—	—	£309k	£301k
Profit before tax	—	—	£322k	£311k
Profit after tax	—	—	£158k	£250k
Profit (best available)	—	—	£158k	£250k
Staff costs	—	—	£7m	£6.2m
Employees (average)	52	52	49	65
Ratios
Profit margin	—	—	1.5%	2.4%
Gross margin	—	—	24.8%	26.9%
Revenue per employee	—	—	£221k	£163k
Profit per employee	—	—	£3.2k	£3.8k
Cash conversion	—	—	418.9%	283%
Growth (year on year)
Revenue growth	—	—	—	▼2.3%
Profit growth	—	—	—	▲58.1%
Headcount growth	—	0%	▼5.8%	▲32.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£379k	£141k	£889k	£874k
Net assets	£2.4m	£2.8m	£3.3m	£2.7m
Fixed assets	£2.5m	£2.6m	£2.9m	£3.3m
Current assets	£2.1m	£3m	£5.3m	£3.9m
Debtors	£351k	£1.5m	£1.5m	£897k
Deferred income	—	—	£3.4m	£2.8m
Cash from operations	—	—	£1.3m	£851k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FilletedAccounts · bulk data Oct 2024	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: 2.4%; Profit ÷ revenue.
Gross margin: 26.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £163k; Revenue ÷ average employees.
Profit per employee: £3.8k; Profit ÷ average employees.
Cash conversion: 283%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 31.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 26.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.5%; 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: ▼19%; Now £2.7m
Cash at bank: ▼2%; Now £874k
Headcount: ▲33%; Now 65
Deferred income: ▼19%; Now £2.8m
Fixed assets: ▲12%; Now £3.3m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £250k), from the Companies House accounts bulk data published Apr 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.