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Company No. 10559503 · Incorporated 12 Jan 2017

PMWB Limited

Registered name: PMWB LIMITED

PMWB Limited made £18.7m revenue and £9.5m profit in the year to 30 Nov 2023. read from filing text

PMWB Limited’s revenue grew 18% to £18.7m in the year to 30 Nov 2023, with £9.5m profit and 5 employees. The company is classified under “television programme production activities” and is based in Bromsgrove; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 59113Television programme production activities
Status
Active
Location
Bromsgrove, West Midlands
Age
9 yrs · since 2017
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 30 Nov 2023

Key figures

IndependentSmall teamOperating leverage
Revenue
£18.7m
Growth ▲17.5%
Profit
£9.5m
Growth ▲21.1%
Profit margin
50.5%
Gross 77.4%
Employees
5
Change ▲66.7%
Profit / employee
£1.9m
Revenue/employee £3.7m
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 to30 Nov 202230 Nov 2023
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£15.9m£18.7m
Cost of sales£3.7m£4.2m
Gross profit£12.3m£14.5m
Operating profit£9.6m£11.9m
Profit before tax£9.8m£12.4m
Profit after tax£7.8m£9.5m
Profit (best available)£7.8m£9.5m
Employees (average)35
Ratios
Profit margin49%50.5%
Gross margin77%77.4%
Revenue per employee£5.3m£3.7m
Profit per employee£2.6m£1.9m
Growth (year on year)
Revenue growth—▲17.5%
Profit growth—▲21.1%
Headcount growth—▲66.7%
Balance sheet — indirect signals, not revenue
Cash at bank£5.7m£5.3m
Net assets£27.7m£35.2m
Fixed assets£13.6m£19.3m
Current assets£14.1m£16.3m
Debtors£3.7k£8.5k
Deferred income£14.8k£34.2k
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024
Derived from the latest filing

How the business works

Profit margin
50.5%
Profit ÷ revenue.
Gross margin
77.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£3.7m
Revenue ÷ average employees.
Profit per employee
£1.9m
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
103.2%
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.
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
▲27%
Now £35.2m
Cash at bank
▼7%
Now £5.3m
Headcount
▲67%
Now 5
Deferred income
▲130%
Now £34.2k
Fixed assets
▲42%
Now £19.3m

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

Subsidiaries (2)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Nov 2023 (profit £9.5m), from the Companies House accounts bulk data published Aug 2024. 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.