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Company No. 00394614 · Incorporated 11 Apr 1945

Tiflex Limited

Registered name: TIFLEX LIMITED

Part of James Walker Group Limited group

Tiflex Limited made £15.7m revenue and £2m profit in the year to 31 Mar 2025.

Tiflex Limited’s revenue fell 9% to £15.7m in the year to 31 Mar 2025, with £2m profit and 158 employees. The company is classified under “manufacture of other rubber products” and is based in Woking; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22190Manufacture of other rubber productsSIC 32990Other manufacturing n.e.c.
Status
Active
Location
Woking, South East
Age
81 yrs · since 1945
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.

Latest accounts · year to 31 Mar 2025

Key figures

Revenue
£15.7m
Growth ▼9.2%
Profit
£2m
Growth ▼12.3%
Profit margin
12.9%
 
Employees
158
Change ▲9%
Profit / employee
£12.9k
Revenue/employee £99.4k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£12.1m£17.3m£15.7m
Operating profit−£196k£2.4m£2.1m
Profit before tax−£193k£2.5m£2.5m
Profit after tax−£228k£2.3m£2m
Profit (best available)−£228k£2.3m£2m
Staff costs£5.2m£5.6m£6.2m
Employees (average)144145158
Ratios
Profit margin−1.9%13.4%12.9%
Revenue per employee£84.3k£119k£99.4k
Profit per employee−£1.6k£16k£12.9k
Growth (year on year)
Revenue growth—▲42.5%▼9.2%
Profit growth——▼12.3%
Headcount growth—▲0.7%▲9%
Balance sheet — indirect signals, not revenue
Cash at bank£15k£15k£7k
Net assets£4.1m£6.5m£7.8m
Fixed assets£1.9m£4m£4.3m
Current assets£4.1m£6m£7.6m
Debtors£1.2m£2.3m£2.5m
Deferred income£351k£535k£391k
SourceFullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
12.9%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£99.4k
Revenue ÷ average employees.
Profit per employee
£12.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
27.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
15.6%
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
▲20%
Now £7.8m
Cash at bank
▼53%
Now £7k
Headcount
▲9%
Now 158
Deferred income
▼27%
Now £391k
Fixed assets
▲8%
Now £4.3m

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. James Walker Group Limitedultimate parent75–100%
  2. Tiflex Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Sister companies (18)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Updated from Companies House on 11 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.