JVM Castings (Worcester) Limited
Registered name: JVM CASTINGS (WORCESTER) LIMITED
Part of Evtec Group Holdings Limited groupJVM Castings (Worcester) Limited made a £2.9m loss in the year to 2 Apr 2023 (revenue not disclosed).
JVM Castings (Worcester) Limited reported a loss of £2.9m in the year to 2 Apr 2023; its revenue was not disclosed. It had 215 employees. The company is classified under “casting of other non-ferrous metals” and is based in Worcester; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Worcester, West Midlands
- Age
- 20 yrs · since 2006
- 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
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 3 Apr 2022 | 2 Apr 2023 |
|---|---|---|
| Disclosure | Profit only | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Profit before tax | −£1.6m | −£2.9m |
| Profit after tax | −£1.6m | −£2.9m |
| Profit (best available) | −£1.6m | −£2.9m |
| Staff costs | £6.9m | £8.1m |
| Employees (average) | 209 | 215 |
| Ratios | ||
| Profit margin | — | — |
| Profit per employee | −£7.8k | −£13.6k |
| Growth (year on year) | ||
| Headcount growth | — | ▲2.9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.2k | £28.1k |
| Net assets | £3.9m | £961k |
| Fixed assets | £3.3m | £3.6m |
| Current assets | £12m | £12m |
| Debtors | £7.7m | £6.2m |
| Deferred income | £1.8m | £3.3m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- −£13.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼75%
- Now £961k
- Cash at bank
- ▲1200%
- Now £28.1k
- Headcount
- ▲3%
- Now 215
- Deferred income
- ▲84%
- Now £3.3m
- Fixed assets
- ▲9%
- Now £3.6m
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
- Evtec Group Holdings Limitedultimate parent75–100%
- JVM Castings Limited75–100%
- JVM Castings (Worcester) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Tritech Precision Products (Yeovil) LimitedWrexham · Casting of other non-ferrous metals
- Revenue
- £9.2m
- Profit
- £1.5m
- Staff
- 66
- Sylatech LimitedYork · Casting of other non-ferrous metals
- Revenue
- £9.6m
- Profit
- £629k
- Staff
- 124
- M L Operations LtdSwadlincote · Casting of other non-ferrous metals
- Revenue
- £24.6m
- Profit
- £366k
- Staff
- 37
Sources
Latest figures from FullAccounts for the year to 2 Apr 2023 (profit −£2.9m), 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.