Onboard (Holdings) Limited
Registered name: ONBOARD (HOLDINGS) LIMITED
Onboard (Holdings) Limited made £44.6m revenue and £1.7m profit in the year to 31 Dec 2024.
Onboard (Holdings) Limited’s revenue grew 12% to £44.6m in the year to 31 Dec 2024, with £1.7m profit and 0 employees. The company is classified under “activities of other holding companies” and is based in Wolverhampton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Wolverhampton, West Midlands
- Age
- 7 yrs · since 2019
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £39.7m | £44.6m |
| Cost of sales | £27.9m | £30.2m |
| Gross profit | £11.8m | £14.4m |
| Operating profit | £2.2m | £3.1m |
| Profit before tax | £1.1m | £2.3m |
| Profit after tax | £839k | £1.7m |
| Profit (best available) | £839k | £1.7m |
| Staff costs | £4m | £4.7m |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 2.1% | 3.9% |
| Gross margin | 29.7% | 32.3% |
| Cash conversion | −251.5% | −17.2% |
| Growth (year on year) | ||
| Revenue growth | — | ▲12.3% |
| Profit growth | — | ▲108.4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.9m | £820k |
| Net assets | £2.1m | £2.1m |
| Fixed assets | £2.1m | £2.1m |
| Current assets | £22.3m | £25.9m |
| Debtors | £0 | £0 |
| Cash from operations | −£5.5m | −£525k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 3.9%
- Profit ÷ revenue.
- Gross margin
- 32.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- −17.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- 0%
- Now £2.1m
- Cash at bank
- ▼72%
- Now £820k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £2.1m
Group structure
Subsidiaries (2)
- Onboard Corrugated LimitedRev. £44.6m · Profit £1.7m
- Onboard Investments 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 £1.7m), 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.