How many employees does Halspan Limited have?

Halspan Limited reported an average of 28 employees in the year to 31 Jan 2026.

Is Halspan Limited profitable?

Yes — Halspan Limited reported a profit of £2.7m in the year to 31 Jan 2026.

Company No. SC194458 · Incorporated 19 Mar 1999

Halspan Limited

Registered name: HALSPAN LIMITED

Halspan Limited made £2.7m profit in the year to 31 Jan 2026 (revenue not disclosed).

Halspan Limited reported £2.7m profit in the year to 31 Jan 2026, up 89% on the year before; its revenue was not disclosed. It had 28 employees. The company is classified under “manufacture of other builders' carpentry and joinery” and is based in Bo'ness; we hold 4 years of its filed accounts.

Profit onlySection C · ManufacturingSIC 16230Manufacture of other builders' carpentry and joinery

Status: Active
Location: Bo'ness, Scotland
Age: 27 yrs · since 1999
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 directors regard Mr John Martin and Mrs Ruth Martin as the controlling parties.”

Latest accounts · year to 31 Jan 2026

Key figures

Cash flow filed

Revenue

—

Not disclosed in filing

Profit

£2.7m

Growth ▲88.9%

Profit margin

—

Employees

Change ▼6.7%

Profit / employee

£95.6k

Profitable streak

4yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 to	31 Jan 2023	31 Jan 2024	31 Jan 2025	31 Jan 2026
Disclosure	Profit only	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Cost of sales	£15.8m	£14m	£13.5m	£15.6m
Profit before tax	—	—	£1.7m	£3.6m
Profit after tax	£2.2m	£1.1m	£1.4m	£2.7m
Profit (best available)	£2.2m	£1.1m	£1.4m	£2.7m
Staff costs	£1.7m	£2.2m	£2.3m	£1.8m
Employees (average)	25	28	30	28
Ratios
Profit margin	—	—	—	—
Profit per employee	£89.2k	£37.8k	£47.2k	£95.6k
Growth (year on year)
Profit growth	—	▼52.6%	▲33.9%	▲88.9%
Headcount growth	—	▲12%	▲7.1%	▼6.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£3m	£2.8m	£3.8m	£4.1m
Net assets	£6m	£5.4m	£5.7m	£6.4m
Fixed assets	£39.9k	£38.1k	£45.1k	£27.7k
Current assets	£8.2m	£7.1m	£7.8m	£8.8m
Debtors	£3.5m	£2.5m	£2.9m	£3.4m
Deferred income	£175k	£142k	£0	£529k
Cash from operations	−£1.9m	−£1.6m	−£2.1m	−£3m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £95.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; 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.

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: ▲12%; Now £6.4m
Cash at bank: ▲9%; Now £4.1m
Headcount: ▼7%; Now 28
Deferred income: —; Now £529k
Fixed assets: ▼39%; Now £27.7k

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

Minority corporate shareholders

Muirhouses Capital Limited 25–50%

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2026 (profit £2.7m), from the Companies House accounts bulk data published Jul 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.