Precision Woodworks Group Ltd
Registered name: PRECISION WOODWORKS GROUP LTD
Precision Woodworks Group Ltd made £91.7k revenue and £72 profit in the year to 30 Jul 2025.
Precision Woodworks Group Ltd’s revenue fell 8% to £91.7k in the year to 30 Jul 2025, with £72 profit and 2 employees. The company is classified under “manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials” and is based in Dungannon; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Dungannon, Northern Ireland
- Age
- 4 yrs · since 2022
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jul 2023 | 31 Jul 2024 | 30 Jul 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £99.7k | £99.1k | £91.7k |
| Profit after tax | −£616 | £3.5k | £72 |
| Profit (best available) | −£616 | £3.5k | £72 |
| Staff costs | £25.3k | £27.5k | £30.1k |
| Employees (average) | 2 | 2 | 2 |
| Ratios | |||
| Profit margin | −0.6% | 3.5% | 0.1% |
| Revenue per employee | £49.8k | £49.6k | £45.9k |
| Profit per employee | −£308 | £1.8k | £36 |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼7.5% |
| Profit growth | — | — | ▼98% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£615 | £406 | £478 |
| Fixed assets | £0 | £22.3k | £22.3k |
| Current assets | £23.4k | £22.6k | £4.2k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £45.9k
- Revenue ÷ average employees.
- Profit per employee
- £36
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 24.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲18%
- Now £478
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £22.3k
Similar profitable businesses
- MBS Superleague LtdTelford · Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
- Revenue
- £197k
- Profit
- £535
- Staff
- 1
- Countryside Timber Products LtdST. Helens · Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
- Revenue
- £212k
- Profit
- £85.3k
- Staff
- 3
Sources
Latest figures from FullAccounts for the year to 30 Jul 2025 (profit £72), 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.