Pencaster Limited
Registered name: PENCASTER LIMITED
Pencaster Limited made £51.3m revenue and £6.2m profit in the year to 30 Nov 2024.
Pencaster Limited’s revenue fell 8% to £51.3m in the year to 30 Nov 2024, with £6.2m profit and 300 employees. The company is classified under “activities of other holding companies” and is based in Washington; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Washington
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £49.4m | £55.6m | £51.3m |
| Cost of sales | −£36.1m | −£40.1m | −£37.4m |
| Gross profit | £13.2m | £15.5m | £13.9m |
| Operating profit | £8.5m | £9.6m | £8.3m |
| Profit before tax | £8.4m | £9.6m | £8.5m |
| Profit after tax | £6.7m | £7.2m | £6.2m |
| Profit (best available) | £6.7m | £7.2m | £6.2m |
| Employees (average) | 290 | 286 | 300 |
| Ratios | |||
| Profit margin | 13.6% | 13% | 12.2% |
| Gross margin | 26.8% | 27.9% | 27% |
| Revenue per employee | £170k | £195k | £171k |
| Profit per employee | £23.1k | £25.2k | £20.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▲12.7% | ▼7.9% |
| Profit growth | — | ▲7.6% | ▼13.4% |
| Headcount growth | — | ▼1.4% | ▲4.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 12.2%
- Profit ÷ revenue.
- Gross margin
- 27%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £171k
- Revenue ÷ average employees.
- Profit per employee
- £20.8k
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲5%
- Now 300
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (2)
- Encore Packaging Solutions LimitedFigures not disclosed
- The Encore Group (Envelopes and Packaging) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Nov 2024 (profit £6.2m), from the Companies House accounts bulk data published Sep 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.