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.
- Status
- Active
- Location
- Chorley, North West
- Age
- 13 yrs · since 2012
- 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 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 52 | 57 | 55 | 56 |
| Ratios | ||||
| Profit margin | 6.9% | 6.6% | 10.4% | 10.8% |
| Gross margin | 9.9% | 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 |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 |
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.
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.