Fen-Bay Group Limited
Registered name: FEN-BAY GROUP LIMITED
Part of Hörmann (U.K.) Limited groupFen-Bay Group Limited made £600k revenue and £1.4m profit in the year to 31 Dec 2024. read from filing text
Fen-Bay Group Limited’s revenue was £600k in the year to 31 Dec 2024, with £1.4m profit and 4 employees. The company is classified under “manufacture of lifting and handling equipment” and is based in Lincoln; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Lincoln, East 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.
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 immediate parent company is Hormann (U.K.) Limited. The registered office address is Gee Road, Coalville, Leicestershire, LE67 4JW.”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £390k | £600k | £600k |
| Operating profit | −£164k | £94.2k | £401k |
| Profit before tax | £612k | £1.2m | £1.4m |
| Profit after tax | £349k | £1.2m | £1.4m |
| Profit (best available) | £349k | £1.2m | £1.4m |
| Staff costs | £547k | £461k | £189k |
| Employees (average) | 8 | 5 | 4 |
| Ratios | |||
| Profit margin | 89.5% | 200.2% | 229% |
| Revenue per employee | £48.8k | £120k | £150k |
| Profit per employee | £43.6k | £240k | £343k |
| Growth (year on year) | |||
| Revenue growth | — | ▲53.8% | 0% |
| Profit growth | — | ▲244.1% | ▲14.4% |
| Headcount growth | — | ▼37.5% | ▼20% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £47 | £145 | £3 |
| Net assets | £3.8m | £5m | £6.4m |
| Current assets | £3.1k | £3.2k | £740k |
| Debtors | £3.1k | £3.1k | £740k |
| Deferred income | £6.3k | £6.5k | £7k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 229%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £150k
- Revenue ÷ average employees.
- Profit per employee
- £343k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 123.4%
- 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
- ▲27%
- Now £6.4m
- Cash at bank
- ▼98%
- Now £3
- Headcount
- ▼20%
- Now 4
- Deferred income
- ▲8%
- Now £7k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Hörmann (U.K.) Limitedultimate parent75–100%
- Fen-Bay Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Fen-Bay Services LimitedRev. £38.4m · Profit £1.5m
- C & J Designs LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.4m), from the Companies House accounts bulk data published Oct 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.