Sandles Limited
Registered name: SANDLES LIMITED
Sandles Limited made £25.8m revenue and £235k profit in the year to 31 Mar 2025. read from filing text
Sandles Limited’s revenue grew 7% to £25.8m in the year to 31 Mar 2025, with £235k profit and 33 employees. The company is classified under “sale of used cars and light motor vehicles” and is based in Downham Market; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Downham Market, East of England
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
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: “The ultimate controlling party is Mr J Sandle by virtue of his controlling interest in the 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&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £24.2m | £21.4m | £24m | £25.8m |
| Cost of sales | £21.1m | £19.4m | £21.9m | £23.6m |
| Gross profit | £3.1m | £2m | £2.1m | £2.1m |
| Operating profit | £1.6m | £490k | £407k | £337k |
| Profit before tax | £1.6m | £487k | £383k | £313k |
| Profit after tax | £1.3m | £389k | £281k | £235k |
| Profit (best available) | £1.3m | £389k | £281k | £235k |
| Staff costs | £893k | £866k | £991k | £1m |
| Employees (average) | 33 | 32 | 32 | 33 |
| Ratios | ||||
| Profit margin | 5.3% | 1.8% | 1.2% | 0.9% |
| Gross margin | 12.8% | 9.5% | 8.7% | 8.3% |
| Revenue per employee | £734k | £670k | £750k | £781k |
| Profit per employee | £38.6k | £12.1k | £8.8k | £7.1k |
| Cash conversion | −93.8% | 28.6% | −266.2% | 466.2% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼11.4% | ▲12% | ▲7.3% |
| Profit growth | — | ▼69.5% | ▼27.7% | ▼16.3% |
| Headcount growth | — | ▼3% | 0% | ▲3.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1m | £1k | £293k | £27.5k |
| Net assets | £4.8m | £5.1m | £5.4m | £5.5m |
| Fixed assets | £593k | £1.1m | £1.1m | £1.1m |
| Current assets | £5.9m | £5.3m | £5.4m | £6.3m |
| Debtors | £80.3k | £62.2k | £28.3k | £15.2k |
| Deferred income | £63.9k | £35.7k | £53.2k | £60.5k |
| Cash from operations | −£1.5m | £140k | −£1.1m | £1.6m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0.9%
- Profit ÷ revenue.
- Gross margin
- 8.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £781k
- Revenue ÷ average employees.
- Profit per employee
- £7.1k
- Profit ÷ average employees.
- Cash conversion
- 466.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▲3%
- Now £5.5m
- Cash at bank
- ▼91%
- Now £27.5k
- Headcount
- ▲3%
- Now 33
- Deferred income
- ▲14%
- Now £60.5k
- Fixed assets
- ▼2%
- Now £1.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Redgate Lodge LimitedWhitley Bay · Sale of used cars and light motor vehicles
- Revenue
- £25.9m
- Profit
- £194k
- Staff
- 49
- Beck Evans (2000) LimitedLondon · Sale of used cars and light motor vehicles
- Revenue
- £26.2m
- Profit
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- Dolphin Motorhomes LimitedSouthampton · Sale of used cars and light motor vehicles
- Revenue
- £26.3m
- Profit
- £1.3m
- Staff
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- Melling Commercial LimitedWigan · Sale of used cars and light motor vehicles
- Revenue
- £25.1m
- Profit
- £42.8k
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- Anchor Vans Ltd.Reading · Sale of used cars and light motor vehicles
- Revenue
- £26.5m
- Profit
- £400k
- Staff
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- Green Parts Salvage & Recycling LtdBedfordshire · Sale of used cars and light motor vehicles
- Revenue
- £24.2m
- Profit
- £1.2m
- Staff
- 182
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £235k), from the Companies House accounts bulk data published Dec 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.