How much does Fullwood Services Limited make?

Fullwood Services Limited reported revenue of £19.9m and a loss of £2.2m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Fullwood Services Limited have?

Fullwood Services Limited reported an average of 63 employees in the year to 31 Dec 2024.

Is Fullwood Services Limited profitable?

No — Fullwood Services Limited reported a loss of £2.2m in the year to 31 Dec 2024.

Company No. 14163167 · Incorporated 9 Jun 2022

Fullwood Services Limited

Registered name: FULLWOOD SERVICES LIMITED

Fullwood Services Limited made £19.9m revenue and a £2.2m loss in the year to 31 Dec 2024.

Fullwood Services Limited’s revenue fell 44% to £19.9m in the year to 31 Dec 2024, with a loss of £2.2m and 63 employees. The company is classified under “manufacture of agricultural and forestry machinery other than tractors” and is based in Ellesmere; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 28302Manufacture of agricultural and forestry machinery other than tractors

Status: Active
Location: Ellesmere, West Midlands
Age: 4 yrs · since 2022
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightCash flow filed

Revenue

£19.9m

Growth ▼43.5%

Profit

−£2.2m

Growth —

Profit margin

−11.1%

Gross 9.2%

Employees

Change ▼40%

Profit / employee

−£35k

Revenue/employee £316k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£35.2m	£19.9m
Cost of sales	£29.2m	£18.1m
Gross profit	£6m	£1.8m
Operating profit	−£1.6m	−£2m
Profit before tax	−£1.6m	−£2.2m
Profit after tax	−£1.6m	−£2.2m
Profit (best available)	−£1.6m	−£2.2m
Staff costs	£3.7m	£3.5m
Employees (average)	105	63
Ratios
Profit margin	−4.4%	−11.1%
Gross margin	17.1%	9.2%
Revenue per employee	£335k	£316k
Profit per employee	−£14.8k	−£35k
Growth (year on year)
Revenue growth	—	▼43.5%
Headcount growth	—	▼40%
Balance sheet — indirect signals, not revenue
Cash at bank	£494k	£26.5k
Net assets	−£4m	−£6.2m
Fixed assets	£1.9m	£106k
Current assets	£11m	£7.5m
Debtors	£1.8m	£1.4m
Deferred income	£2.8m	£594k
Cash from operations	−£5.3m	−£5.2m
Source	FullAccounts · bulk data Apr 2026	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: −11.1%; Profit ÷ revenue.
Gross margin: 9.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £316k; Revenue ÷ average employees.
Profit per employee: −£35k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 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: —; Now −£6.2m
Cash at bank: ▼95%; Now £26.5k
Headcount: ▼40%; Now 63
Deferred income: ▼79%; Now £594k
Fixed assets: ▼94%; Now £106k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£2.2m), from the Companies House accounts bulk data published Apr 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.