Cannon Packing and Fulfilment Limited
Registered name: CANNON PACKING AND FULFILMENT LIMITED
Cannon Packing and Fulfilment Limited made £12.9m revenue and £736k profit in the year to 31 Oct 2023.
Cannon Packing and Fulfilment Limited’s revenue fell 6% to £12.9m in the year to 31 Oct 2023, with £736k profit and 90 employees. The company is classified under “other manufacturing” and is based in Abingdon; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Abingdon, South East
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £13.8m | £12.9m |
| Cost of sales | £10m | £8.7m |
| Gross profit | £3.8m | £4.2m |
| Operating profit | £946k | £947k |
| Profit before tax | £946k | £959k |
| Profit after tax | £766k | £736k |
| Profit (best available) | £766k | £736k |
| Staff costs | £1.8m | £2.1m |
| Employees (average) | 135 | 90 |
| Ratios | ||
| Profit margin | 5.5% | 5.7% |
| Gross margin | 27.3% | 32.4% |
| Revenue per employee | £102k | £144k |
| Profit per employee | £5.7k | £8.2k |
| Cash conversion | −116.9% | −117.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▼6.3% |
| Profit growth | — | ▼3.9% |
| Headcount growth | — | ▼33.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.4m | £1.8m |
| Net assets | £1.7m | £2m |
| Fixed assets | £113k | £72k |
| Current assets | £4.4m | £5m |
| Debtors | £2.8m | £2.8m |
| Deferred income | £1.1m | £1.1m |
| Cash from operations | −£1.1m | −£1.1m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 |
How the business works
- Profit margin
- 5.7%
- Profit ÷ revenue.
- Gross margin
- 32.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £144k
- Revenue ÷ average employees.
- Profit per employee
- £8.2k
- Profit ÷ average employees.
- Cash conversion
- −117.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 8.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21.9%
- 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 £2m
- Cash at bank
- ▲33%
- Now £1.8m
- Headcount
- ▼33%
- Now 90
- Deferred income
- ▼4%
- Now £1.1m
- Fixed assets
- ▼36%
- Now £72k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2023 (profit £736k), from the Companies House accounts bulk data published Jul 2024. 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.