Pace Interiors Limited
Registered name: PACE INTERIORS LIMITED
Part of Pace Asset Holdings Limited groupPace Interiors Limited made £13.2m revenue and £414k profit in the year to 31 Mar 2025.
Pace Interiors Limited’s revenue fell 11% to £13.2m in the year to 31 Mar 2025, with £414k profit and 65 employees. The company is classified under “sawmilling and planing of wood” and is based in Hitchin; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hitchin, East of England
- 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
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 | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £14.9m | £13.2m |
| Cost of sales | — | — | £9.8m | £8.4m |
| Gross profit | — | — | £5.1m | £4.8m |
| Operating profit | — | — | £797k | £148k |
| Profit before tax | — | — | £773k | £144k |
| Profit after tax | — | — | £857k | £414k |
| Profit (best available) | — | — | £857k | £414k |
| Staff costs | — | — | £3m | £3.4m |
| Employees (average) | 46 | 45 | 57 | 65 |
| Ratios | ||||
| Profit margin | — | — | 5.8% | 3.1% |
| Gross margin | — | — | 34.1% | 36% |
| Revenue per employee | — | — | £262k | £203k |
| Profit per employee | — | — | £15k | £6.4k |
| Cash conversion | — | — | −207.5% | −510.1% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼11.4% |
| Profit growth | — | — | — | ▼51.7% |
| Headcount growth | — | ▼2.2% | ▲26.7% | ▲14% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £96.8k | £489k | £1.2m | £1.4m |
| Net assets | £796k | £1.6m | £2.4m | £2.7m |
| Fixed assets | £113k | £198k | £293k | £290k |
| Current assets | £2.5m | £3.6m | £4.1m | £4.7m |
| Debtors | £196k | £603k | £211k | £56.1k |
| Cash from operations | — | — | −£1.7m | −£753k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FilletedAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 3.1%
- Profit ÷ revenue.
- Gross margin
- 36%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £203k
- Revenue ÷ average employees.
- Profit per employee
- £6.4k
- Profit ÷ average employees.
- Cash conversion
- −510.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.4%
- 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
- ▲14%
- Now £2.7m
- Cash at bank
- ▲20%
- Now £1.4m
- Headcount
- ▲14%
- Now 65
- Deferred income
- —
- Now —
- Fixed assets
- ▼1%
- Now £290k
Group structure
Ownership chain
- Pace Asset Holdings Limitedultimate parent75–100%
- Pace Interiors Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Strata Washrooms 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 2025 (profit £414k), 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.