How much does Fen-Bay Services Limited make?

Fen-Bay Services Limited reported revenue of £38.4m and £1.5m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Fen-Bay Services Limited have?

Fen-Bay Services Limited reported an average of 275 employees in the year to 31 Dec 2025.

Is Fen-Bay Services Limited profitable?

Yes — Fen-Bay Services Limited reported a profit of £1.5m in the year to 31 Dec 2025.

Company No. 03692535 · Incorporated 7 Jan 1999

Fen-Bay Services Limited

Registered name: FEN-BAY SERVICES LIMITED

Part of Hörmann (U.K.) Limited group

Fen-Bay Services Limited made £38.4m revenue and £1.5m profit in the year to 31 Dec 2025. read from filing text

Fen-Bay Services Limited’s revenue grew 19% to £38.4m in the year to 31 Dec 2025, with £1.5m profit and 275 employees. The company is classified under “manufacture of lifting and handling equipment” and is based in Lincoln; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 28220Manufacture of lifting and handling equipment

Status: Active
Location: Lincoln, East Midlands
Age: 27 yrs · since 1999
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 immediate parent company is Hormann (U.K.) Limited. The registered office address is Gee Road, Coalville, Leicestershire, LE67 4JW.”

Latest accounts · year to 31 Dec 2025

Key figures

Operating leverage

Revenue

£38.4m

Growth ▲19.2%

Profit

£1.5m

Growth ▲536.4%

Profit margin

Gross 36.4%

Employees

275

Change ▲7%

Profit / employee

£5.6k

Revenue/employee £140k

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	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)	£20.8m	£29.2m	£32.2m	£38.4m
Cost of sales	£14.6m	£20.8m	£20.8m	£24.4m
Gross profit	£6.2m	£8.4m	£11.4m	£14m
Operating profit	£1.4m	£1.8m	£527k	£2.3m
Profit before tax	£1.4m	£1.8m	£497k	£2.2m
Profit after tax	£1.4m	£1.3m	£241k	£1.5m
Profit (best available)	£1.4m	£1.3m	£241k	£1.5m
Staff costs	£7.2m	£10.1m	£12.5m	£14.2m
Employees (average)	166	215	257	275
Ratios
Profit margin	6.7%	4.6%	0.8%	4%
Gross margin	29.9%	28.8%	35.4%	36.4%
Revenue per employee	£125k	£136k	£125k	£140k
Profit per employee	£8.4k	£6.2k	£936	£5.6k
Growth (year on year)
Revenue growth	—	▲40.4%	▲10.3%	▲19.2%
Profit growth	—	▼3.4%	▼82%	▲536.4%
Headcount growth	—	▲29.5%	▲19.5%	▲7%
Balance sheet — indirect signals, not revenue
Cash at bank	£202k	£738k	£113k	£591k
Net assets	£7.2m	£7.4m	£6.7m	£8.2m
Fixed assets	£1m	£1.2m	£2.6m	£5.2m
Current assets	£10m	£12.6m	£11m	£12.9m
Debtors	£4.5m	£7.6m	£6.9m	£7.4m
Deferred income	£979k	£2.1m	£1.4m	£1.4m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 4%; Profit ÷ revenue.
Gross margin: 36.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £140k; Revenue ÷ average employees.
Profit per employee: £5.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.2%; 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: ▲23%; Now £8.2m
Cash at bank: ▲423%; Now £591k
Headcount: ▲7%; Now 275
Deferred income: ▲0%; Now £1.4m
Fixed assets: ▲102%; Now £5.2m

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

Hörmann (U.K.) Limitedultimate parent75–100%
Fen-Bay Services Limitedthis company

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

Sister companies (2)

Fen-Bay Group LimitedRev. £600k · Profit £1.4m
C & J Designs LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.5m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.