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Company No. 12473811 · Incorporated 20 Feb 2020

Sudbury Dry Lining Group Ltd

Registered name: SUDBURY DRY LINING GROUP LTD

Sudbury Dry Lining Group Ltd made £30.3m revenue and £1.8m profit in the year to 30 Apr 2025.

Sudbury Dry Lining Group Ltd’s revenue grew 88% to £30.3m in the year to 30 Apr 2025, with £1.8m profit and 9 employees. The company is classified under “plastering” and is based in Watford; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43310Plastering
Status
Active
Location
Watford, East of England
Age
6 yrs · since 2020
Type
Private Limited Company
Latest accounts · year to 30 Apr 2025

Key figures

IndependentSmall teamCash flow filed
Revenue
£30.3m
Growth ▲87.5%
Profit
£1.8m
Growth ▲13.3%
Profit margin
5.9%
Gross 15%
Employees
9
Change ▲12.5%
Profit / employee
£197k
Revenue/employee £3.4m
Profitable streak
3yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Apr 202230 Apr 202330 Apr 202430 Apr 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£11.5m£14.3m£16.2m£30.3m
Cost of sales£11.2m£12.2m£12.6m£25.8m
Gross profit£346k£2.2m£3.6m£4.5m
Operating profit−£1.2m£852k£2.1m£2.5m
Profit before tax−£1.2m£867k£2.3m£2.6m
Profit after tax−£1.1m£589k£1.6m£1.8m
Profit (best available)−£1.1m£589k£1.6m£1.8m
Staff costs£517k£413k£410k£530k
Employees (average)8989
Ratios
Profit margin−9.3%4.1%9.7%5.9%
Gross margin3%15%22.1%15%
Revenue per employee£1.4m£1.6m£2m£3.4m
Profit per employee−£133k£65.5k£196k£197k
Cash conversion—117.5%85.9%47.7%
Growth (year on year)
Revenue growth—▲24.3%▲12.8%▲87.5%
Profit growth——▲166%▲13.3%
Headcount growth—▲12.5%▼11.1%▲12.5%
Balance sheet — indirect signals, not revenue
Cash at bank£1.9m£2m£2.6m£4.2m
Net assets£5.9m£6.3m£7.8m£9.4m
Fixed assets£14.1m£6.7m£5.1m£4.5m
Current assets£2.6m£4.7m£9.1m£11.1m
Debtors£300k£379k£247k£202k
Cash from operations−£333k£1m£1.8m£1.2m
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023FullAccounts · bulk data Jan 2025FullAccounts · bulk data Jan 2026
Derived from the latest filing

How the business works

Profit margin
5.9%
Profit ÷ revenue.
Gross margin
15%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£3.4m
Revenue ÷ average employees.
Profit per employee
£197k
Profit ÷ average employees.
Cash conversion
47.7%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
14.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.7%
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
▲21%
Now £9.4m
Cash at bank
▲63%
Now £4.2m
Headcount
▲13%
Now 9
Deferred income
—
Now —
Fixed assets
▼12%
Now £4.5m
Corporate ownership

Group structure

Subsidiaries (1)

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £1.8m), from the Companies House accounts bulk data published Jan 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.