How much does Acorn Partitions & Storage Systems Limited make?

Acorn Partitions & Storage Systems Limited reported revenue of £24m and £1.3m profit in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does Acorn Partitions & Storage Systems Limited have?

Acorn Partitions & Storage Systems Limited reported an average of 48 employees in the year to 31 Jan 2025.

Is Acorn Partitions & Storage Systems Limited profitable?

Yes — Acorn Partitions & Storage Systems Limited reported a profit of £1.3m in the year to 31 Jan 2025.

Company No. 03963919 · Incorporated 4 Apr 2000

Acorn Partitions & Storage Systems Limited

Registered name: ACORN PARTITIONS & STORAGE SYSTEMS LIMITED

Part of Apss Group Limited group

Acorn Partitions & Storage Systems Limited made £24m revenue and £1.3m profit in the year to 31 Jan 2025.

Acorn Partitions & Storage Systems Limited’s revenue grew 30% to £24m in the year to 31 Jan 2025, with £1.3m profit and 48 employees. The company is classified under “other specialised construction activities” and is based in Lincoln; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Lincoln, East Midlands
Age: 26 yrs · since 2000
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 Jan 2025

Key figures

Capital-lightBoring industryCash flow filed

Revenue

£24m

Growth ▲29.6%

Profit

£1.3m

Growth ▼0.5%

Profit margin

5.6%

Gross 20.2%

Employees

Change ▲14.3%

Profit / employee

£27.9k

Revenue/employee £499k

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 Jan 2022	31 Jan 2023	31 Jan 2024	31 Jan 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.1m	£16.7m	£18.5m	£24m
Cost of sales	£13.7m	£13.7m	£14.2m	£19.1m
Gross profit	£3.4m	£3m	£4.3m	£4.8m
Operating profit	£1.2m	£789k	£1.8m	£1.8m
Profit before tax	£1.2m	£788k	£1.8m	£1.8m
Profit after tax	£992k	£621k	£1.3m	£1.3m
Profit (best available)	£992k	£621k	£1.3m	£1.3m
Staff costs	£1.5m	£1.6m	£1.8m	£2.2m
Employees (average)	36	37	42	48
Ratios
Profit margin	5.8%	3.7%	7.3%	5.6%
Gross margin	19.8%	18%	23.2%	20.2%
Revenue per employee	£475k	£451k	£440k	£499k
Profit per employee	£27.6k	£16.8k	£32.1k	£27.9k
Cash conversion	−76.4%	37.4%	−167.2%	−155.4%
Growth (year on year)
Revenue growth	—	▼2.3%	▲10.8%	▲29.6%
Profit growth	—	▼37.4%	▲116.8%	▼0.5%
Headcount growth	—	▲2.8%	▲13.5%	▲14.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.6m	£788k	£3m	£4.7m
Net assets	£7.5m	£7.9m	£9m	£7.9m
Fixed assets	£395k	£370k	£428k	£422k
Current assets	£10.5m	£11.1m	£12.2m	£11.7m
Debtors	£1.7m	£2.6m	£1.4m	£1.3m
Deferred income	£1m	£1.4m	£1.2m	£1.7m
Cash from operations	−£938k	£295k	−£3m	−£2.7m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 5.6%; Profit ÷ revenue.
Gross margin: 20.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £499k; Revenue ÷ average employees.
Profit per employee: £27.9k; Profit ÷ average employees.
Cash conversion: −155.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.4%; 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: ▼13%; Now £7.9m
Cash at bank: ▲58%; Now £4.7m
Headcount: ▲14%; Now 48
Deferred income: ▲36%; Now £1.7m
Fixed assets: ▼1%; Now £422k

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

Apss Group Limitedultimate parent75–100%
2097 Holdings Limited75–100%
Acorn Partitions & Storage Systems 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).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £1.3m), from the Companies House accounts bulk data published Oct 2025. 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.