How much does Thomas Panels & Profiles Limited make?

Thomas Panels & Profiles Limited reported revenue of £60.6m and £4.6m profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Thomas Panels & Profiles Limited have?

Thomas Panels & Profiles Limited reported an average of 128 employees in the year to 31 Dec 2022.

Is Thomas Panels & Profiles Limited profitable?

Yes — Thomas Panels & Profiles Limited reported a profit of £4.6m in the year to 31 Dec 2022.

Company No. 05535688 · Incorporated 12 Aug 2005

Thomas Panels & Profiles Limited

Registered name: THOMAS PANELS & PROFILES LIMITED

Part of Panels & Profiles Group Limited group

Thomas Panels & Profiles Limited made £60.6m revenue and £4.6m profit in the year to 31 Dec 2022.

Thomas Panels & Profiles Limited’s revenue grew 25% to £60.6m in the year to 31 Dec 2022, with £4.6m profit and 128 employees. The company is classified under “roofing activities” and is based in Herefordshire; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43910Roofing activities

Status: Active
Location: Herefordshire, West Midlands
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: “Panels & Profiles Group Limited”

Latest accounts · year to 31 Dec 2022

Key figures

Capital-lightDoing more with lessBoring industry

Revenue

£60.6m

Growth ▲25.3%

Profit

£4.6m

Growth ▼26%

Profit margin

7.7%

Gross 22.8%

Employees

128

Change ▼1.5%

Profit / employee

£36.3k

Revenue/employee £473k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£48.3m	£60.6m
Cost of sales	£33.1m	£46.7m
Gross profit	£15.2m	£13.8m
Profit before tax	£7.7m	£5.7m
Profit after tax	£6.3m	£4.6m
Profit (best available)	£6.3m	£4.6m
Staff costs	£4.2m	£4.4m
Employees (average)	130	128
Ratios
Profit margin	13%	7.7%
Gross margin	31.5%	22.8%
Revenue per employee	£372k	£473k
Profit per employee	£48.2k	£36.3k
Growth (year on year)
Revenue growth	—	▲25.3%
Profit growth	—	▼26%
Headcount growth	—	▼1.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£8.2m	£2.2m
Net assets	£12.6m	£17.1m
Fixed assets	£4.1m	£4.5m
Current assets	£22.4m	£26.7m
Debtors	£6.9m	£8.5m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 7.7%; Profit ÷ revenue.
Gross margin: 22.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £473k; Revenue ÷ average employees.
Profit per employee: £36.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14%; 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: ▲35%; Now £17.1m
Cash at bank: ▼73%; Now £2.2m
Headcount: ▼2%; Now 128
Deferred income: —; Now —
Fixed assets: ▲11%; Now £4.5m

Corporate ownership

Group structure

Ownership chain

Panels & Profiles Group Limitedultimate parent75–100%
Thomas Panels & Profiles Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Excelclad LimitedFigures not disclosed
Goldvale Steel Fabrications LimitedFigures not disclosed

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 accounts for the year to 31 Dec 2022 (profit £4.6m), from the Companies House accounts bulk data published Dec 2023. 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.