Panel Supplies Limited
Registered name: PANEL SUPPLIES LIMITED
Part of International Plywood PLC groupPanel Supplies Limited made £43.1m revenue and £276k profit in the year to 30 Apr 2025.
Panel Supplies Limited’s revenue grew 2% to £43.1m in the year to 30 Apr 2025, with £276k profit and 0 employees. The company is classified under “wholesale of wood, construction materials and sanitary equipment” and is based in Stonehouse; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Stonehouse, South West
- Age
- 19 yrs · since 2007
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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: “International Plywood PLC”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £55.7m | £49.4m | £42.2m | £43.1m |
| Cost of sales | £46.5m | £45.5m | £38.9m | £39.7m |
| Gross profit | £9.2m | £3.9m | £3.3m | £3.4m |
| Operating profit | £6.9m | £1.5m | — | — |
| Profit before tax | £6.9m | £1.3m | £665k | £383k |
| Profit after tax | £5.6m | £1.1m | £490k | £276k |
| Profit (best available) | £5.6m | £1.1m | £490k | £276k |
| Employees (average) | 31 | 31 | — | 0 |
| Ratios | ||||
| Profit margin | 10% | 2.1% | 1.2% | 0.6% |
| Gross margin | 16.5% | 7.8% | 7.8% | 7.9% |
| Revenue per employee | £1.8m | £1.6m | — | — |
| Profit per employee | £180k | £34k | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼11.3% | ▼14.5% | ▲2% |
| Profit growth | — | ▼81.1% | ▼53.6% | ▼43.6% |
| Headcount growth | — | 0% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £140k | £129k | £129k | £129k |
| Net assets | £8.5m | £7.5m | £6m | £6.3m |
| Fixed assets | £201k | £221k | £191k | £174k |
| Current assets | £17.8m | £15.2m | £13.5m | £14.6m |
| Debtors | £10.9m | £8.7m | £8.4m | £7.9m |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 0.6%
- Profit ÷ revenue.
- Gross margin
- 7.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.3%
- 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
- ▲5%
- Now £6.3m
- Cash at bank
- 0%
- Now £129k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼9%
- Now £174k
Group structure
Ownership chain
- International Plywood PLCultimate parent75–100%
- Panel Supplies Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- International Plywood (Importers) LimitedRev. £184m · Profit £772k
- Emstra LimitedFigures not disclosed
- International Panel Products LimitedFigures not disclosed
- International Plywood (Aviation) LimitedFigures not disclosed
- International Plywood (Gloucester) LtdFigures 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 30 Apr 2025 (profit £276k), from the Companies House accounts bulk data published Oct 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.