How much does Qualtex UK Limited make?

Qualtex UK Limited reported revenue of £23.5m and £223k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Qualtex UK Limited have?

Qualtex UK Limited reported an average of 51 employees in the year to 31 Dec 2025.

Is Qualtex UK Limited profitable?

Yes — Qualtex UK Limited reported a profit of £223k in the year to 31 Dec 2025.

Company No. 00708974 · Incorporated 24 Nov 1961

Qualtex UK Limited

Registered name: QUALTEX UK LIMITED

Part of Qualtex Global Limited group

Qualtex UK Limited made £23.5m revenue and £223k profit in the year to 31 Dec 2025.

Qualtex UK Limited’s revenue fell 3% to £23.5m in the year to 31 Dec 2025, with £223k profit and 51 employees. The company is classified under “wholesale of household goods (other than musical instruments)” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46499Wholesale of household goods (other than musical instruments) n.e.c.

Status: Active
Location: Manchester, North West
Age: 64 yrs · since 1961
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 Dec 2025

Key figures

Capital-light

Revenue

£23.5m

Growth ▼2.9%

Profit

£223k

Growth ▼74.7%

Profit margin

0.9%

Gross 18.7%

Employees

Change ▼3.8%

Profit / employee

£4.4k

Revenue/employee £462k

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 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)	£23.9m	£26m	£24.3m	£23.5m
Cost of sales	£18.5m	£20.8m	£19.2m	£19.1m
Gross profit	£5.4m	£5.2m	£5.1m	£4.4m
Operating profit	£1.7m	£1.9m	£1.4m	£485k
Profit before tax	£1.5m	£1.7m	£1.2m	£298k
Profit after tax	£1.3m	£1.6m	£879k	£223k
Profit (best available)	£1.3m	£1.6m	£879k	£223k
Staff costs	£1.7m	£1.7m	£1.6m	£1.8m
Employees (average)	63	61	53	51
Ratios
Profit margin	5.5%	6%	3.6%	0.9%
Gross margin	22.5%	19.9%	20.9%	18.7%
Revenue per employee	£380k	£426k	£458k	£462k
Profit per employee	£20.7k	£25.7k	£16.6k	£4.4k
Growth (year on year)
Revenue growth	—	▲8.6%	▼6.6%	▼2.9%
Profit growth	—	▲20.4%	▼44%	▼74.7%
Headcount growth	—	▼3.2%	▼13.1%	▼3.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£587k	£410k	£1.3m	£214k
Net assets	£6.2m	£6.7m	£5.7m	£4.9m
Fixed assets	£1.9m	£2m	£2.3m	£2.3m
Current assets	£14.2m	£13.4m	£13.1m	£10.3m
Debtors	£1.5m	£1.8m	£1.8m	£1.3m
Deferred income	£238k	£311k	£263k	£310k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 0.9%; Profit ÷ revenue.
Gross margin: 18.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £462k; Revenue ÷ average employees.
Profit per employee: £4.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.3%; 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: ▼15%; Now £4.9m
Cash at bank: ▼83%; Now £214k
Headcount: ▼4%; Now 51
Deferred income: ▲18%; Now £310k
Fixed assets: ▼2%; Now £2.3m

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

Qualtex Global Limitedultimate parent75–100%
Qualtex UK Limitedthis company

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

Subsidiaries (1)

Jegs Electrical LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £223k), from the Companies House accounts bulk data published Aug 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.