Easy-Trim Roofing and Construction Products Ltd
Registered name: EASY-TRIM ROOFING AND CONSTRUCTION PRODUCTS LTD
Part of Memtech Ltd groupEasy-Trim Roofing and Construction Products Ltd made £18.1m revenue and £131k profit in the year to 31 Dec 2023.
Easy-Trim Roofing and Construction Products Ltd’s revenue fell 2% to £18.1m in the year to 31 Dec 2023, with £131k profit and 64 employees. The company is classified under “manufacture of builders ware of plastic” and is based in Manchester; we hold 2 years of its filed accounts.
- Status
- In Administration
- Location
- Manchester, North West
- Age
- 21 yrs · since 2005
- 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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £18.4m | £18.1m |
| Cost of sales | £14.2m | £13.4m |
| Gross profit | £4.2m | £4.7m |
| Profit before tax | £17.4k | £233k |
| Profit after tax | −£45.1k | £131k |
| Profit (best available) | −£45.1k | £131k |
| Staff costs | £2.4m | £2.5m |
| Employees (average) | 58 | 64 |
| Ratios | ||
| Profit margin | −0.2% | 0.7% |
| Gross margin | 22.7% | 26.2% |
| Revenue per employee | £318k | £283k |
| Profit per employee | −£778 | £2k |
| Growth (year on year) | ||
| Revenue growth | — | ▼1.8% |
| Headcount growth | — | ▲10.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £5 | £5 |
| Net assets | £1.4m | £1.6m |
| Fixed assets | £4.6m | £4.2m |
| Current assets | £8.3m | £8.4m |
| Debtors | £4.4m | £4.3m |
| Deferred income | £960k | £1.1m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 0.7%
- Profit ÷ revenue.
- Gross margin
- 26.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £283k
- Revenue ÷ average employees.
- Profit per employee
- £2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 23.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.7%
- 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
- ▲9%
- Now £1.6m
- Cash at bank
- 0%
- Now £5
- Headcount
- ▲10%
- Now 64
- Deferred income
- ▲18%
- Now £1.1m
- Fixed assets
- ▼8%
- Now £4.2m
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
- Memtech Ltdultimate parent75–100%
- Easy-Trim Roofing and Construction Products Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Vinyl (GB) LimitedIn AdministrationRev. — · Profit −£208k
Sister companies (1)
- Pep House LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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- Profit
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- Spicgem LimitedOlney · Manufacture of builders ware of plastic
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £131k), from the Companies House accounts bulk data published Sep 2024. 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.