How much does Clipfine Limited make?

Clipfine Limited reported revenue of £88.1m and £4.2m profit in the year to 31 May 2024, according to its accounts filed at Companies House.

How many employees does Clipfine Limited have?

Clipfine Limited reported an average of 201 employees in the year to 31 May 2024.

Is Clipfine Limited profitable?

Yes — Clipfine Limited reported a profit of £4.2m in the year to 31 May 2024.

Company No. 01211133 · Incorporated 6 May 1975

Clipfine Limited

Registered name: CLIPFINE LIMITED

Part of Clipfine Holdings Ltd group

Clipfine Limited made £88.1m revenue and £4.2m profit in the year to 31 May 2024.

Clipfine Limited’s revenue fell 13% to £88.1m in the year to 31 May 2024, with £4.2m profit and 201 employees. The company is classified under “construction of commercial buildings” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings

Status: Active
Location: London, London
Age: 51 yrs · since 1975
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 May 2024

Key figures

Revenue

£88.1m

Growth ▼13.5%

Profit

£4.2m

Growth ▼49%

Profit margin

4.8%

Gross 20.4%

Employees

201

Change ▼13%

Profit / employee

£20.8k

Revenue/employee £438k

Profitable streak

3yrs

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 to	31 May 2022	31 May 2023	31 May 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£93.8m	£102m	£88.1m
Cost of sales	£77.4m	£79.6m	£70.1m
Gross profit	£16.4m	£22.3m	£18m
Operating profit	£5.6m	£10.8m	£5.9m
Profit before tax	£5.5m	£10.6m	£5.7m
Profit after tax	£4.1m	£8.2m	£4.2m
Profit (best available)	£4.1m	£8.2m	£4.2m
Staff costs	£13.1m	£13.6m	£13.1m
Employees (average)	209	231	201
Ratios
Profit margin	4.3%	8.1%	4.8%
Gross margin	17.5%	21.9%	20.4%
Revenue per employee	£449k	£441k	£438k
Profit per employee	£19.4k	£35.5k	£20.8k
Growth (year on year)
Revenue growth	—	▲8.6%	▼13.5%
Profit growth	—	▲102.2%	▼49%
Headcount growth	—	▲10.5%	▼13%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.2m	£6.6m	£3m
Net assets	£17m	£19.6m	£22m
Fixed assets	£19.8m	£19.9m	£25.1m
Current assets	£25.2m	£31.9m	£17.6m
Debtors	£7.2m	£5.8m	£4.7m
Deferred income	£1.3m	£1.2m	£2.1m
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	Accounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 4.8%; Profit ÷ revenue.
Gross margin: 20.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £438k; Revenue ÷ average employees.
Profit per employee: £20.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 28.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.4%; 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: ▲12%; Now £22m
Cash at bank: ▼55%; Now £3m
Headcount: ▼13%; Now 201
Deferred income: ▲72%; Now £2.1m
Fixed assets: ▲26%; Now £25.1m

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

Clipfine Holdings Ltdultimate parent75–100%
Clipfine Limitedthis company

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

Sister companies (5)

Clipfine Security LimitedRev. £13.6m · Profit £149k
Clipfine Construction LimitedFigures not disclosed
Clipfine Facilities Management LimitedFigures not disclosed
Clipfine Homes LimitedFigures not disclosed
Retreat to Eat LtdFigures 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 accounts for the year to 31 May 2024 (profit £4.2m), from the Companies House accounts bulk data published Dec 2024. 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.