Palace Scenery Construction Ltd
Registered name: PALACE SCENERY CONSTRUCTION LTD
Palace Scenery Construction Ltd made £41.8m revenue and £2.7m profit in the year to 31 Mar 2025.
Palace Scenery Construction Ltd’s revenue grew 20% to £41.8m in the year to 31 Mar 2025, with £2.7m profit and 104 employees. The company is classified under “other manufacturing” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 13 yrs · since 2013
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £49.5m | £43.2m | £34.9m | £41.8m |
| Cost of sales | £44.7m | £38.9m | £31.3m | £37.5m |
| Gross profit | £4.8m | £4.3m | £3.6m | £4.2m |
| Operating profit | £4.5m | £3.6m | £3m | £3.6m |
| Profit before tax | £4.9m | £3.6m | £3m | £3.7m |
| Profit after tax | £3.9m | £2.9m | £2.3m | £2.7m |
| Profit (best available) | £3.9m | £2.9m | £2.3m | £2.7m |
| Staff costs | £13.2m | £10.2m | £7.9m | £9.1m |
| Employees (average) | 144 | 124 | 83 | 104 |
| Ratios | ||||
| Profit margin | 8% | 6.7% | 6.5% | 6.6% |
| Gross margin | 9.8% | 9.8% | 10.2% | 10.1% |
| Revenue per employee | £344k | £348k | £420k | £402k |
| Profit per employee | £27.3k | £23.5k | £27.2k | £26.3k |
| Cash conversion | −68% | −79.8% | −219.7% | −61.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼12.9% | ▼19.2% | ▲19.8% |
| Profit growth | — | ▼26.1% | ▼22.4% | ▲21.3% |
| Headcount growth | — | ▼13.9% | ▼33.1% | ▲25.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.3m | £4.9m | £9.7m | £7.9m |
| Net assets | £7.4m | £10.3m | £11.7m | £11.3m |
| Fixed assets | £841k | £657k | £557k | £474k |
| Current assets | £13.9m | £12.9m | £12.7m | £12.7m |
| Debtors | £6.3m | £5.2m | £685k | £1.2m |
| Cash from operations | −£3.1m | −£2.9m | −£6.6m | −£2.2m |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 6.6%
- Profit ÷ revenue.
- Gross margin
- 10.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £402k
- Revenue ÷ average employees.
- Profit per employee
- £26.3k
- Profit ÷ average employees.
- Cash conversion
- −61.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.9%
- 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
- ▼4%
- Now £11.3m
- Cash at bank
- ▼18%
- Now £7.9m
- Headcount
- ▲25%
- Now 104
- Deferred income
- —
- Now —
- Fixed assets
- ▼15%
- Now £474k
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.7m), from the Companies House accounts bulk data published Nov 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.