How much does PL Commercial Ltd make?

PL Commercial Ltd reported revenue of £9.6m and £5.1m profit in the year to 31 Oct 2023, according to its accounts filed at Companies House.

How many employees does PL Commercial Ltd have?

PL Commercial Ltd reported an average of 45 employees in the year to 31 Oct 2023.

Is PL Commercial Ltd profitable?

Yes — PL Commercial Ltd reported a profit of £5.1m in the year to 31 Oct 2023.

Company No. 10419949 · Incorporated 10 Oct 2016

PL Commercial Ltd

Registered name: PL COMMERCIAL LTD

PL Commercial Ltd made £9.6m revenue and £5.1m profit in the year to 31 Oct 2023.

PL Commercial Ltd’s revenue grew 11% to £9.6m in the year to 31 Oct 2023, with £5.1m profit and 45 employees. The company is classified under “sale of other motor vehicles” and is based in Cardiff; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45190Sale of other motor vehicles

Status: Active - Proposal to Strike off
Location: Cardiff, Wales
Age: 10 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 31 Oct 2023

Key figures

Independent

Revenue

£9.6m

Growth ▲11.1%

Profit

£5.1m

Growth ▼14.4%

Profit margin

52.9%

Gross 59.2%

Employees

Change ▲150%

Profit / employee

£113k

Revenue/employee £214k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£8.6m	£9.6m
Cost of sales	£2.1m	£3.9m
Gross profit	£6.5m	£5.7m
Operating profit	£5.2m	£5.4m
Profit before tax	£6.2m	£5.4m
Profit after tax	£5.9m	£5.1m
Profit (best available)	£5.9m	£5.1m
Employees (average)	18	45
Ratios
Profit margin	68.7%	52.9%
Gross margin	75.6%	59.2%
Revenue per employee	£481k	£214k
Profit per employee	£330k	£113k
Growth (year on year)
Revenue growth	—	▲11.1%
Profit growth	—	▼14.4%
Headcount growth	—	▲150%
Balance sheet — indirect signals, not revenue
Cash at bank	£425k	£720k
Net assets	£1.6m	£5.4m
Fixed assets	£1.8m	£3.4m
Current assets	£578k	£2.4m
Debtors	£153k	£643k
Deferred income	£0	£0
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: 52.9%; Profit ÷ revenue.
Gross margin: 59.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £214k; Revenue ÷ average employees.
Profit per employee: £113k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 35%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.7%; 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: ▲241%; Now £5.4m
Cash at bank: ▲69%; Now £720k
Headcount: ▲150%; Now 45
Deferred income: —; Now £0
Fixed assets: ▲91%; Now £3.4m

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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2023 (profit £5.1m), from the Companies House accounts bulk data published Nov 2023. 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.