Drywall Solutions UK Limited
Registered name: DRYWALL SOLUTIONS UK LIMITED
Part of DWS Holdings Ltd groupDrywall Solutions UK Limited made £11.4m revenue and £332k profit in the year to 31 Mar 2024. read from filing text
Drywall Solutions UK Limited’s revenue fell 45% to £11.4m in the year to 31 Mar 2024, with £332k profit and 23 employees. The company is classified under “development of building projects” and is based in Newcastle Upon Tyne; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- Newcastle Upon Tyne, North East
- 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. From the filing: “The Company's ultimate parent undertaking and controlling party is DWS Holdings Ltd, a company registered in England and Wales. DWS holdings Ltd prepares consolidated accounts which are available at C”
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 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £29.1m | £20.7m | £11.4m |
| Cost of sales | £28.1m | £17.3m | £8.4m |
| Gross profit | £976k | £3.3m | £3.1m |
| Operating profit | −£1.7m | £386k | £437k |
| Profit before tax | −£1.8m | £197k | £200k |
| Profit after tax | −£1.1m | £153k | £332k |
| Profit (best available) | −£1.1m | £153k | £332k |
| Staff costs | £1.6m | £1.8m | £1.6m |
| Employees (average) | 27 | 31 | 23 |
| Ratios | |||
| Profit margin | −3.6% | 0.7% | 2.9% |
| Gross margin | 3.4% | 16.2% | 26.8% |
| Revenue per employee | £1.1m | £667k | £497k |
| Profit per employee | −£39.1k | £4.9k | £14.4k |
| Cash conversion | — | 277.8% | 171.6% |
| Growth (year on year) | |||
| Revenue growth | — | ▼29% | ▼44.6% |
| Profit growth | — | — | ▲117.1% |
| Headcount growth | — | ▲14.8% | ▼25.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £309k | £1.4k | £1.4k |
| Net assets | £1.9m | £1.7m | £694k |
| Fixed assets | £39.9k | £29.8k | £22.7k |
| Current assets | £14.5m | £13.1m | £9.1m |
| Debtors | £762k | £550k | £0 |
| Deferred income | £44.9k | £32k | £32.7k |
| Cash from operations | — | £1.1m | £749k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- 2.9%
- Profit ÷ revenue.
- Gross margin
- 26.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £497k
- Revenue ÷ average employees.
- Profit per employee
- £14.4k
- Profit ÷ average employees.
- Cash conversion
- 171.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼60%
- Now £694k
- Cash at bank
- 0%
- Now £1.4k
- Headcount
- ▼26%
- Now 23
- Deferred income
- ▲2%
- Now £32.7k
- Fixed assets
- ▼24%
- Now £22.7k
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
- DWS Holdings Ltdultimate parent75–100%
- Drywall Solutions UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Jessella LimitedIn AdministrationFigures not disclosed
- Jessella Roofing LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £332k), from the Companies House accounts bulk data published Jun 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.