PMBL Limited
Registered name: PMBL LIMITED
Part of PMBL Holdings Limited groupPMBL Limited made £8.2m revenue and £196k profit in the year to 31 Dec 2024.
PMBL Limited’s revenue fell 6% to £8.2m in the year to 31 Dec 2024, with £196k profit and 61 employees. The company is classified under “manufacture of batteries and accumulators” and is based in Exeter; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Exeter, South West
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £8.7m | £8.2m |
| Cost of sales | — | £6.1m | £6m |
| Gross profit | — | £2.6m | £2.2m |
| Operating profit | — | £1.1m | £300k |
| Profit before tax | — | £1.1m | £339k |
| Profit after tax | — | £931k | £196k |
| Profit (best available) | — | £931k | £196k |
| Staff costs | — | £1.8m | £2.5m |
| Employees (average) | 51 | 49 | 61 |
| Ratios | |||
| Profit margin | — | 10.7% | 2.4% |
| Gross margin | — | 30% | 26.7% |
| Revenue per employee | — | £178k | £134k |
| Profit per employee | — | £19k | £3.2k |
| Cash conversion | — | −114.6% | 40.8% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼6.1% |
| Profit growth | — | — | ▼78.9% |
| Headcount growth | — | ▼3.9% | ▲24.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.9m | £2.4m | £610k |
| Net assets | £2.8m | £3.1m | £3.4m |
| Fixed assets | £618k | £709k | £2.1m |
| Current assets | £5.2m | £5.6m | £4.8m |
| Debtors | £1.1m | £593k | £791k |
| Cash from operations | — | −£1.3m | £122k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 2.4%
- Profit ÷ revenue.
- Gross margin
- 26.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £134k
- Revenue ÷ average employees.
- Profit per employee
- £3.2k
- Profit ÷ average employees.
- Cash conversion
- 40.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 25.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.7%
- Money owed by customers. Low = customers pay quickly.
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
- ▲12%
- Now £3.4m
- Cash at bank
- ▼75%
- Now £610k
- Headcount
- ▲24%
- Now 61
- Deferred income
- —
- Now —
- Fixed assets
- ▲194%
- Now £2.1m
Group structure
Ownership chain
- PMBL Holdings Limitedultimate parent75–100%
- PMBL Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- PMBL Investments LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Absl Power Solutions LtdAbingdon · Manufacture of batteries and accumulators
- Revenue
- £8.2m
- Profit
- £59k
- Staff
- 80
- Varta Consumer Batteries UK LimitedOldham · Manufacture of batteries and accumulators
- Revenue
- £7.5m
- Profit
- £103k
- Staff
- 6
- Ultracell (UK) LimitedBootle · Manufacture of batteries and accumulators
- Revenue
- £12.7m
- Profit
- £709k
- Staff
- 22
- PMB Battery Technologies UK LtdSalford · Manufacture of batteries and accumulators
- Revenue
- £3.9m
- Profit
- £1.2m
- Staff
- 22
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £196k), from the Companies House accounts bulk data published Dec 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.