Turnbull & Asser Limited
Registered name: TURNBULL & ASSER LIMITED
Turnbull & Asser Limited made £10m revenue and a £1.7m loss in the year to 25 Jan 2025.
Turnbull & Asser Limited’s revenue grew 7% to £10m in the year to 25 Jan 2025, with a loss of £1.7m and 116 employees. The company is classified under “manufacture of other men's outerwear”; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 54 yrs · since 1972
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 29 Jan 2022 | 29 Jan 2023 | 25 Jan 2024 | 29 Jan 2024 | 25 Jan 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £7.3m | £9.9m | £9.3m | £9.3m | £10m |
| Cost of sales | £3m | £3.9m | −£3.5m | −£3.5m | −£4.5m |
| Gross profit | £4.3m | £6m | £5.8m | £5.8m | £5.5m |
| Operating profit | −£1.4m | −£1.3m | −£1.4m | −£1.4m | −£1.7m |
| Profit before tax | −£1.4m | −£1.3m | −£1.4m | −£1.4m | −£1.7m |
| Profit after tax | −£1.2m | −£1.3m | −£1.4m | −£1.4m | −£1.7m |
| Profit (best available) | −£1.2m | −£1.3m | −£1.4m | −£1.4m | −£1.7m |
| Staff costs | £3.7m | £3.8m | — | — | — |
| Employees (average) | 107 | 99 | 108 | 108 | 116 |
| Ratios | |||||
| Profit margin | −16.4% | −12.7% | −14.8% | −14.8% | −17.3% |
| Gross margin | 58.5% | 60.5% | 62.1% | 62.1% | 55% |
| Revenue per employee | £68.2k | £100k | £86.2k | £86.2k | £86.1k |
| Profit per employee | −£11.2k | −£12.7k | −£12.7k | −£12.7k | −£14.9k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲35.9% | ▼6.1% | — | ▲7.4% |
| Headcount growth | — | ▼7.5% | ▲9.1% | — | ▲7.4% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £737k | £1.8m | — | — | — |
| Net assets | £8.5m | £7.3m | — | — | — |
| Fixed assets | £4.3m | £3m | — | — | — |
| Current assets | £5.2m | £6.3m | — | — | — |
| Debtors | £161k | £260k | — | — | — |
| Deferred income | £389k | £1.3m | — | — | — |
| Cash from operations | −£1.6m | £1.1m | — | — | — |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | Accounts · bulk data Feb 2026 | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −17.3%
- Profit ÷ revenue.
- Gross margin
- 55%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £86.1k
- Revenue ÷ average employees.
- Profit per employee
- −£14.9k
- 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.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲7%
- Now 116
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Montane LtdAshington · Manufacture of other men's outerwear
- Revenue
- £21.5m
- Profit
- £177k
- Staff
- 79
- Brindleclass LimitedLondon · Manufacture of other women's outerwear
- Revenue
- £10.7m
- Profit
- £108k
- Staff
- 22
- David Nieper LimitedAlfreton · Manufacture of other women's outerwear
- Revenue
- £14.6m
- Profit
- £165k
- Staff
- 233
- BTX Godske Group UK LtdWoodford Green · Manufacture of other women's outerwear
- Revenue
- £6.4m
- Profit
- £366k
- Staff
- 11
Sources
Latest figures from accounts for the year to 25 Jan 2025 (profit −£1.7m), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 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.