How much does So Modular Ltd make?

So Modular Ltd reported revenue of £11.1m and £603k profit in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does So Modular Ltd have?

So Modular Ltd reported an average of 81 employees in the year to 30 Jun 2025.

Is So Modular Ltd profitable?

Yes — So Modular Ltd reported a profit of £603k in the year to 30 Jun 2025.

Company No. 10051955 · Incorporated 9 Mar 2016

So Modular Ltd

Registered name: SO MODULAR LTD

Part of J G Hale Group Ltd group

So Modular Ltd made £11.1m revenue and £603k profit in the year to 30 Jun 2025.

So Modular Ltd’s revenue grew 10% to £11.1m in the year to 30 Jun 2025, with £603k profit and 81 employees. The company is classified under “other manufacturing” and is based in Neath; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.

Status: Active
Location: Neath, Wales
Age: 10 yrs · since 2016
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.

Latest accounts · year to 30 Jun 2025

Key figures

Revenue

£11.1m

Growth ▲9.8%

Profit

£603k

Growth —

Profit margin

5.5%

Gross 26.2%

Employees

Change ▲5.2%

Profit / employee

£7.4k

Revenue/employee £137k

Profitable streak

1yr

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 to	30 Jun 2022	30 Jun 2023	30 Jun 2024	30 Jun 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7.3m	£8.3m	£10.1m	£11.1m
Cost of sales	£6m	£6.7m	£8.5m	£8.2m
Gross profit	£1.4m	£1.6m	£1.6m	£2.9m
Operating profit	−£369k	−£34.9k	−£150k	£1.1m
Profit before tax	−£501k	−£266k	−£442k	£789k
Profit after tax	−£469k	−£100k	−£436k	£603k
Profit (best available)	−£469k	−£100k	−£436k	£603k
Staff costs	£2.2m	£2.2m	£2.5m	£2.7m
Employees (average)	84	77	77	81
Ratios
Profit margin	−6.4%	−1.2%	−4.3%	5.5%
Gross margin	18.7%	19.2%	15.8%	26.2%
Revenue per employee	£87.2k	£108k	£131k	£137k
Profit per employee	−£5.6k	−£1.3k	−£5.7k	£7.4k
Growth (year on year)
Revenue growth	—	▲13.5%	▲21.3%	▲9.8%
Headcount growth	—	▼8.3%	0%	▲5.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£266k	£233k	£794k	£55.3k
Net assets	−£1m	−£1.1m	£936k	£1.5m
Fixed assets	£8.3m	£7.9m	£10.2m	£9.8m
Current assets	£2.7m	£2.4m	£2.9m	£2.6m
Debtors	£1.4m	£677k	£1.1m	£1.4m
Deferred income	£0	£424k	£316k	£65.8k
Cash from operations	−£502k	−£891k	−£1.3m	—
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 5.5%; Profit ÷ revenue.
Gross margin: 26.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £137k; Revenue ÷ average employees.
Profit per employee: £7.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 88.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13%; 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: ▲65%; Now £1.5m
Cash at bank: ▼93%; Now £55.3k
Headcount: ▲5%; Now 81
Deferred income: ▼79%; Now £65.8k
Fixed assets: ▼4%; Now £9.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

J G Hale Group Ltdultimate parent75–100%
So Modular Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

J.G. Hale Construction LimitedRev. £44.7m · Profit −£1.1m

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £603k), from the Companies House accounts bulk data published Mar 2026. 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.