How much does Multi-Ply Components Limited make?

Multi-Ply Components Limited reported revenue of £6m and a loss of £299k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Multi-Ply Components Limited have?

Multi-Ply Components Limited reported an average of 78 employees in the year to 31 Dec 2025.

Is Multi-Ply Components Limited profitable?

No — Multi-Ply Components Limited reported a loss of £299k in the year to 31 Dec 2025.

Company No. 03584723 · Incorporated 19 Jun 1998

Multi-Ply Components Limited

Registered name: MULTI-PLY COMPONENTS LIMITED

Part of Medcap Ab (Publ) group

Multi-Ply Components Limited made £6m revenue and a £299k loss in the year to 31 Dec 2025. read from filing text

Multi-Ply Components Limited’s revenue fell 19% to £6m in the year to 31 Dec 2025, with a loss of £299k and 78 employees. The company is classified under “manufacture of other special-purpose machinery” and is based in Blackpool; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 28990Manufacture of other special-purpose machinery n.e.c.

Status: Active
Location: Blackpool, North 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

Revenue

£6m

Growth ▼19.2%

Profit

−£299k

Growth ▼218.6%

Profit margin

−5%

Gross 64.7%

Employees

Change ▼8.2%

Profit / employee

−£3.8k

Revenue/employee £77.5k

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	30 Jun 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£6.5m	£9.4m	£7.5m	£6m
Cost of sales	£2.1m	£3.4m	£2.8m	£2.1m
Gross profit	£4.3m	£6.1m	£4.7m	£3.9m
Operating profit	£472k	£331k	£212k	−£458k
Profit before tax	£458k	£318k	£218k	−£426k
Profit after tax	£332k	£229k	£252k	−£299k
Profit (best available)	£332k	£229k	£252k	−£299k
Staff costs	£2.3m	£3.5m	£2.8m	£2.9m
Employees (average)	75	70	85	78
Ratios
Profit margin	5.1%	2.4%	3.4%	−5%
Gross margin	67%	64.3%	62.8%	64.7%
Revenue per employee	£86.1k	£135k	£88.1k	£77.5k
Profit per employee	£4.4k	£3.3k	£3k	−£3.8k
Growth (year on year)
Revenue growth	—	—	—	▼19.2%
Profit growth	—	—	—	▼218.6%
Headcount growth	—	—	—	▼8.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£497k	£0	£848k	£705k
Net assets	£4.7m	£5m	£5.2m	£4.9m
Fixed assets	£4.4m	£4.1m	£3.9m	£3.6m
Current assets	£2.4m	£2.2m	£2.5m	£2.2m
Debtors	£981k	£842k	£568k	£673k
Deferred income	£230k	£247k	£351k	£414k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: −5%; Profit ÷ revenue.
Gross margin: 64.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £77.5k; Revenue ÷ average employees.
Profit per employee: −£3.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 58.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.1%; 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: ▼6%; Now £4.9m
Cash at bank: ▼17%; Now £705k
Headcount: ▼8%; Now 78
Deferred income: ▲18%; Now £414k
Fixed assets: ▼8%; Now £3.6m

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

Medcap Ab (Publ) (registered outside the UK register)ultimate parent75–100%
Multi-Ply Components Limitedthis company

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

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 −£299k), from the Companies House accounts bulk data published Jul 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.