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Company No. 00071941 · Incorporated 21 Nov 1901

William Croxson & Son,limited

Registered name: WILLIAM CROXSON & SON,LIMITED

Part of The Apphia Group Limited group

William 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.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade
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”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light
Revenue
£31m
Growth ▼22.4%
Profit
£1.2m
Growth ▼50%
Profit margin
3.9%
Gross 16%
Employees
29
Change ▲3.6%
Profit / employee
£42.1k
Revenue/employee £1.1m
Profitable streak
4yrs
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull 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)25272829
Ratios
Profit margin6.2%6.8%6.1%3.9%
Gross margin14.6%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
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

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.
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
▲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.

Corporate ownership

Group structure

Ownership chain

  1. The Apphia Group Limitedultimate parent75–100%
  2. 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.