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Company No. 08300227 · Incorporated 20 Nov 2012

Sheet Piling (UK) Limited

Registered name: SHEET PILING (UK) LIMITED

Sheet Piling (UK) Limited made £39.5m revenue and £4.3m profit in the year to 31 Jan 2025.

Sheet Piling (UK) Limited’s revenue grew 29% to £39.5m in the year to 31 Jan 2025, with £4.3m profit and 56 employees. The company is classified under “other specialised construction activities” and is based in Chorley; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.
Status
Active
Location
Chorley, North West
Age
13 yrs · since 2012
Type
Private Limited Company
Latest accounts · year to 31 Jan 2025

Key figures

IndependentOperating leverageBoring industryCash flow filed
Revenue
£39.5m
Growth ▲28.9%
Profit
£4.3m
Growth ▲34.4%
Profit margin
10.8%
Gross 15%
Employees
56
Change ▲1.8%
Profit / employee
£76.4k
Revenue/employee £705k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202231 Jan 202331 Jan 202431 Jan 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£31.5m£40.6m£30.6m£39.5m
Cost of sales£28.4m£36.5m£26m£33.6m
Gross profit£3.1m£4.1m£4.6m£5.9m
Operating profit£2.6m£3.4m£3.4m£4.4m
Profit before tax£2.5m£3.2m£3.4m£4.5m
Profit after tax£2.2m£2.7m£3.2m£4.3m
Profit (best available)£2.2m£2.7m£3.2m£4.3m
Staff costs£2.8m£3.3m£3.5m£3.6m
Employees (average)52575556
Ratios
Profit margin6.9%6.6%10.4%10.8%
Gross margin9.9%10.2%14.9%15%
Revenue per employee£607k£712k£557k£705k
Profit per employee£41.8k£46.7k£57.9k£76.4k
Cash conversion−146.9%−213.5%15.7%−125.3%
Growth (year on year)
Revenue growth—▲28.7%▼24.6%▲28.9%
Profit growth—▲22.5%▲19.7%▲34.4%
Headcount growth—▲9.6%▼3.5%▲1.8%
Balance sheet — indirect signals, not revenue
Cash at bank£4m£5.7m£4m£7.7m
Net assets£9.7m£12.3m£15.1m£19.4m
Fixed assets£9.9m£12.8m£10.3m£11.1m
Current assets£13.2m£17.9m£20.6m£20.5m
Debtors£1.4m£2.5m£1m£1.1m
Deferred income£4.4m£8.9m£7.4m£4.4m
Cash from operations−£3.8m−£7.2m£539k−£5.6m
SourceFullAccounts · bulk data Oct 2023FullAccounts · bulk data Oct 2023FullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
10.8%
Profit ÷ revenue.
Gross margin
15%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£705k
Revenue ÷ average employees.
Profit per employee
£76.4k
Profit ÷ average employees.
Cash conversion
−125.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
28.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
11.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
2.7%
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
▲28%
Now £19.4m
Cash at bank
▲90%
Now £7.7m
Headcount
▲2%
Now 56
Deferred income
▼41%
Now £4.4m
Fixed assets
▲7%
Now £11.1m

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 Jan 2025 (profit £4.3m), 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.