How much does Erico Pallets Limited make?

Erico Pallets Limited reported revenue of £17.5m and a loss of £179k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Erico Pallets Limited have?

Erico Pallets Limited reported an average of 58 employees in the year to 31 Dec 2024.

Is Erico Pallets Limited profitable?

No — Erico Pallets Limited reported a loss of £179k in the year to 31 Dec 2024.

Company No. 12136812 · Incorporated 2 Aug 2019

Erico Pallets Limited

Registered name: ERICO PALLETS LIMITED

Part of Erico Scandinavia Ab group

Erico Pallets Limited made £17.5m revenue and a £179k loss in the year to 31 Dec 2024. read from filing text

Erico Pallets Limited’s revenue was £17.5m in the year to 31 Dec 2024, with a loss of £179k and 58 employees. The company is classified under “non-specialised wholesale trade” and is based in Alfreton; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Alfreton, East Midlands
Age: 7 yrs · since 2019
Type: Private Limited Company

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 ultimate controlling party is Erico Scandinavia AB.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed

Revenue

£17.5m

Growth —

Profit

−£179k

Growth —

Profit margin

−1%

Gross 15.8%

Employees

Change —

Profit / employee

−£3.1k

Revenue/employee £302k

Profitable streak

0yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 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)	£32.9m	£30.2m	£17.5m
Cost of sales	£24m	£24.6m	£14.7m
Gross profit	£8.9m	£5.6m	£2.8m
Operating profit	£6.5m	£1.3m	−£584k
Profit before tax	£6.5m	−£461k	−£329k
Profit after tax	£5.3m	−£199k	−£179k
Profit (best available)	£5.3m	−£199k	−£179k
Staff costs	—	£2.6m	£3.1m
Employees (average)	11	39	58
Ratios
Profit margin	16%	−0.7%	−1%
Gross margin	27.1%	18.6%	15.8%
Revenue per employee	£3m	£775k	£302k
Profit per employee	£478k	−£5.1k	−£3.1k
Cash conversion	—	−137.2%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£4.6m	£816k	£184k
Net assets	£5.7m	£4.5m	£4.2m
Fixed assets	£578k	£2.4m	£1.3m
Current assets	£7.8m	£5.4m	£5.3m
Debtors	£2.6m	£2m	£2.3m
Deferred income	£37.6k	£199k	£0
Cash from operations	—	−£1.8m	£1m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −1%; Profit ÷ revenue.
Gross margin: 15.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £302k; Revenue ÷ average employees.
Profit per employee: −£3.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.2%; 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: —; Now £4.2m
Cash at bank: —; Now £184k
Headcount: —; Now 58
Deferred income: —; Now £0
Fixed assets: —; Now £1.3m

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

Ownership chain

Erico Scandinavia Ab (registered outside the UK register)ultimate parent75–100%
Erico Pallets Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Erico Logistics LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£179k), 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.