Decorative Panels Lamination Limited
Registered name: DECORATIVE PANELS LAMINATION LIMITED
Part of Decorative Panels Holdings Limited groupDecorative Panels Lamination Limited made £36.6m revenue and £758k profit in the year to 31 Mar 2025.
Decorative Panels Lamination Limited’s revenue fell 21% to £36.6m in the year to 31 Mar 2025, with £758k profit and 42 employees. The company is classified under “manufacture of veneer sheets and wood-based panels” and is based in Elland; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Elland, Yorkshire and The Humber
- Age
- 25 yrs · since 2001
- 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: “At 31 March 2025, the immediate parent undertaking is Decorative Panels Holdings Limited, a company incorporated in England and Wales. The ultimate parent company is Decorative Panels Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £49m | £49.7m | £46.5m | £36.6m |
| Cost of sales | £40.9m | £40.7m | £38.2m | £29.5m |
| Gross profit | £8m | £9m | £8.3m | £7.1m |
| Operating profit | £2.7m | £2.6m | £1.3m | £988k |
| Profit before tax | £2.7m | £2.6m | £1.4m | £1m |
| Profit after tax | £2.2m | £2.6m | £1.3m | £758k |
| Profit (best available) | £2.2m | £2.6m | £1.3m | £758k |
| Staff costs | £2.3m | £2.3m | £2.4m | £2.4m |
| Employees (average) | 49 | 48 | 43 | 42 |
| Ratios | ||||
| Profit margin | 4.4% | 5.3% | 2.7% | 2.1% |
| Gross margin | 16.4% | 18.1% | 17.9% | 19.3% |
| Revenue per employee | £999k | £1m | £1.1m | £871k |
| Profit per employee | £44.3k | £55k | £29.4k | £18k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲1.4% | ▼6.4% | ▼21.3% |
| Profit growth | — | ▲21.6% | ▼52.2% | ▼40% |
| Headcount growth | — | ▼2% | ▼10.4% | ▼2.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £211k | £446k | £596k | £780k |
| Net assets | £9.2m | £10.3m | £10.6m | £10.8m |
| Fixed assets | £212k | £202k | £220k | £195k |
| Current assets | £19.3m | £19.2m | £17.1m | £15.1m |
| Debtors | £9.5m | £9.1m | £7.1m | £5.8m |
| Deferred income | £375k | £443k | £430k | £418k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 2.1%
- Profit ÷ revenue.
- Gross margin
- 19.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £871k
- Revenue ÷ average employees.
- Profit per employee
- £18k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.8%
- 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
- ▲2%
- Now £10.8m
- Cash at bank
- ▲31%
- Now £780k
- Headcount
- ▼2%
- Now 42
- Deferred income
- ▼3%
- Now £418k
- Fixed assets
- ▼12%
- Now £195k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Decorative Panels Holdings Limitedultimate parent75–100%
- Decorative Panels Lamination Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Decorative Panels Furniture LimitedRev. £42.1m · Profit £369k
- Decorative Panels Components LimitedRev. £40m · Profit £423k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- LF Fasthouse LtdBelfast · Manufacture of veneer sheets and wood-based panels
- Revenue
- £43.8m
- Profit
- £4.9m
- Staff
- 150
- Williams Homes (Bala) LimitedBala · Manufacture of veneer sheets and wood-based panels
- Revenue
- £45.4m
- Profit
- £11.5m
- Staff
- 60
- Bathgate Flooring LimitedLiverpool · Manufacture of veneer sheets and wood-based panels
- Revenue
- £18.6m
- Profit
- £190k
- Staff
- 70
- Wood International Agency LimitedEssex · Manufacture of veneer sheets and wood-based panels
- Revenue
- £80.1m
- Profit
- £1.8m
- Staff
- 19
- Hugh Stirling LimitedGlasgow · Manufacture of veneer sheets and wood-based panels
- Revenue
- £13.6m
- Profit
- £248k
- Staff
- 137
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £758k), from the Companies House accounts bulk data published Dec 2025. 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.