William Croxson & Son,limited
Registered name: WILLIAM CROXSON & SON,LIMITED
Part of The Apphia Group Limited groupWilliam Croxson & Son,limited made £31m revenue and £1.2m profit in the year to 31 Dec 2025.
William Croxson & Son,limited’s revenue fell 22% to £31m in the year to 31 Dec 2025, with £1.2m profit and 29 employees. The company is classified under “non-specialised wholesale trade” and is based in Tunbridge Wells; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Tunbridge Wells, South East
- Age
- 124 yrs · since 1901
- 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 Apphia Group Limited”
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 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £50.1m | £41.6m | £40m | £31m |
| Cost of sales | £42.8m | £34.4m | £32.8m | £26m |
| Gross profit | £7.3m | £7.3m | £7.1m | £5m |
| Operating profit | £3.4m | £3.5m | £3.2m | £1.3m |
| Profit before tax | £3.7m | £3.6m | £3.4m | £1.6m |
| Profit after tax | £3.1m | £2.8m | £2.4m | £1.2m |
| Profit (best available) | £3.1m | £2.8m | £2.4m | £1.2m |
| Staff costs | £2.7m | £2.5m | £2.3m | £2.2m |
| Employees (average) | 25 | 27 | 28 | 29 |
| Ratios | ||||
| Profit margin | 6.2% | 6.8% | 6.1% | 3.9% |
| Gross margin | 14.6% | 17.5% | 17.9% | 16% |
| Revenue per employee | £2m | £1.5m | £1.4m | £1.1m |
| Profit per employee | £124k | £104k | £87.1k | £42.1k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼4% | ▼22.4% |
| Profit growth | — | — | ▼13.2% | ▼50% |
| Headcount growth | — | — | ▲3.7% | ▲3.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.5m | £3.3m | £6.7m | £7.6m |
| Net assets | £7.3m | £8.1m | £10m | £10.2m |
| Fixed assets | £877k | £1.2m | £1.1m | £1.1m |
| Current assets | £14.5m | £14.3m | £15.5m | £14.3m |
| Debtors | £6.6m | £5.5m | £4.4m | £3.4m |
| Deferred income | £133k | £253k | £397k | £259k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 3.9%
- Profit ÷ revenue.
- Gross margin
- 16%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.1m
- Revenue ÷ average employees.
- Profit per employee
- £42.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.9%
- 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
- ▲1%
- Now £10.2m
- Cash at bank
- ▲14%
- Now £7.6m
- Headcount
- ▲4%
- Now 29
- Deferred income
- ▼35%
- Now £259k
- Fixed assets
- ▼4%
- Now £1.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- The Apphia Group Limitedultimate parent75–100%
- William Croxson & Son,limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.2m), from the Companies House accounts bulk data published Sep 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.