Yellow Pencils Holdings Ltd
Registered name: YELLOW PENCILS HOLDINGS LTD
Yellow Pencils Holdings Ltd made £49.7m revenue and £5m profit in the year to 31 Dec 2024.
Yellow Pencils Holdings Ltd’s revenue grew 23% to £49.7m in the year to 31 Dec 2024, with £5m profit and 12 employees. The company is classified under “activities of other holding companies” and is based in Hants; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hants, South East
- Age
- 6 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 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £45.9m | £40.4m | £49.7m |
| Cost of sales | £37.9m | £31.1m | £39.8m |
| Gross profit | £7.9m | £9.3m | £9.8m |
| Operating profit | £7.8m | £7.9m | £8m |
| Profit before tax | £7.6m | £8.1m | £8.9m |
| Profit after tax | £2.7m | £3.7m | £5m |
| Profit (best available) | £2.7m | £3.7m | £5m |
| Employees (average) | 10 | 11 | 12 |
| Ratios | |||
| Profit margin | 5.9% | 9.2% | 10% |
| Gross margin | 17.3% | 23.1% | 19.8% |
| Revenue per employee | £4.6m | £3.7m | £4.1m |
| Profit per employee | £269k | £338k | £413k |
| Cash conversion | 136.3% | 65.3% | 101.8% |
| Growth (year on year) | |||
| Revenue growth | — | ▼11.9% | ▲22.9% |
| Profit growth | — | ▲38.2% | ▲33.4% |
| Headcount growth | — | ▲10% | ▲9.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £339k | £4.3m | £1.2m |
| Net assets | £4.1m | £7.5m | £11.8m |
| Fixed assets | £1.2m | £1.2m | £135k |
| Debtors | £0 | £0 | £0 |
| Deferred income | £0 | £20.7k | £40.2k |
| Cash from operations | £10.6m | £5.2m | £8.1m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 10%
- Profit ÷ revenue.
- Gross margin
- 19.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £4.1m
- Revenue ÷ average employees.
- Profit per employee
- £413k
- Profit ÷ average employees.
- Cash conversion
- 101.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- 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
- ▲57%
- Now £11.8m
- Cash at bank
- ▼73%
- Now £1.2m
- Headcount
- ▲9%
- Now 12
- Deferred income
- ▲94%
- Now £40.2k
- Fixed assets
- ▼89%
- Now £135k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Lanza & Baucina LimitedRev. £49.7m · Profit £6.3m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £5m), from the Companies House accounts bulk data published Mar 2026. 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.