How much does Armorduct Systems Limited make?

Armorduct Systems Limited reported revenue of £9.9m and a loss of £528k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Armorduct Systems Limited have?

Armorduct Systems Limited reported an average of 103 employees in the year to 31 Dec 2025.

Is Armorduct Systems Limited profitable?

No — Armorduct Systems Limited reported a loss of £528k in the year to 31 Dec 2025.

Company No. 03551662 · Incorporated 23 Apr 1998

Armorduct Systems Limited

Registered name: ARMORDUCT SYSTEMS LIMITED

Part of Hudson Cable Management Group Limited group

Armorduct Systems Limited made £9.9m revenue and a £528k loss in the year to 31 Dec 2025.

Armorduct Systems Limited’s revenue was £9.9m in the year to 31 Dec 2025, with a loss of £528k and 103 employees. The company is classified under “forging, pressing, stamping and roll-forming of metal; powder metallurgy” and is based in Andover; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25500Forging, pressing, stamping and roll-forming of metal; powder metallurgy SIC 27320Manufacture of other electronic and electric wires and cables SIC 82990Other business support service activities n.e.c.

Status: Active
Location: Andover, South West
Age: 28 yrs · since 1998
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.

Latest accounts · year to 31 Dec 2025

Key figures

Cash flow filed

Revenue

£9.9m

Growth ▲0.3%

Profit

−£528k

Growth ▼845%

Profit margin

−5.4%

Gross 32.8%

Employees

103

Change ▲19.8%

Profit / employee

−£5.1k

Revenue/employee £95.6k

Profitable streak

0yrs

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	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£8.9m	£8.2m	£9.8m	£9.9m
Cost of sales	£5.6m	£5.2m	£6.4m	£6.6m
Gross profit	£3.4m	£3.1m	£3.4m	£3.2m
Operating profit	£762k	£18.4k	£58.2k	−£625k
Profit before tax	£752k	£12.3k	£25.1k	−£682k
Profit after tax	£576k	−£61.4k	£70.9k	−£528k
Profit (best available)	£576k	−£61.4k	£70.9k	−£528k
Staff costs	£2.5m	£2.5m	£3.1m	£3.5m
Employees (average)	79	80	86	103
Ratios
Profit margin	6.5%	−0.7%	0.7%	−5.4%
Gross margin	37.7%	37.4%	34.9%	32.8%
Revenue per employee	£113k	£103k	£114k	£95.6k
Profit per employee	£7.3k	−£768	£825	−£5.1k
Cash conversion	−106.4%	−2397%	457%	—
Growth (year on year)
Revenue growth	—	▼7.5%	▲19.1%	▲0.3%
Profit growth	—	▼110.7%	—	▼845%
Headcount growth	—	▲1.3%	▲7.5%	▲19.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£1.2m	£475k	£32.2k
Net assets	£3.1m	£3m	£3.1m	£2.5m
Fixed assets	£1.1m	£1.2m	£1.8m	£2.2m
Current assets	£4.4m	£4.4m	£4.5m	£3.7m
Debtors	£2m	£1.9m	£2.6m	£2.2m
Deferred income	£718k	£488k	£529k	£717k
Cash from operations	−£811k	−£442k	£266k	−£415k
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: −5.4%; Profit ÷ revenue.
Gross margin: 32.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £95.6k; Revenue ÷ average employees.
Profit per employee: −£5.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 22.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.1%; 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: ▼17%; Now £2.5m
Cash at bank: ▼93%; Now £32.2k
Headcount: ▲20%; Now 103
Deferred income: ▲35%; Now £717k
Fixed assets: ▲23%; Now £2.2m

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

Hudson Cable Management Group Limitedultimate parent50–75%
Armorduct Systems Limitedthis company

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

Sister companies (3)

Armorduct LimitedFigures not disclosed
Milton Cable Management Systems LimitedFigures not disclosed
R.M.S. LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£528k), 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.