Fraikin Limited
Registered name: FRAIKIN LIMITED
Fraikin Limited made £73.3m revenue and a £3.9m loss in the year to 31 Dec 2024.
Fraikin Limited’s revenue grew 4% to £73.3m in the year to 31 Dec 2024, with a loss of £3.9m and 223 employees. The company is classified under “renting and leasing of trucks and other heavy vehicles” and is based in Coventry; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Coventry, West Midlands
- Age
- 48 yrs · since 1978
- 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 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £70.3m | £73.3m |
| Cost of sales | £66m | £69.3m |
| Gross profit | £4.3m | £4m |
| Operating profit | −£3.8m | −£4.8m |
| Profit before tax | −£3.1m | −£3.9m |
| Profit after tax | −£3.1m | −£3.9m |
| Profit (best available) | −£3.1m | −£3.9m |
| Employees (average) | 220 | 223 |
| Ratios | ||
| Profit margin | −4.4% | −5.4% |
| Gross margin | 6.2% | 5.4% |
| Revenue per employee | £320k | £329k |
| Profit per employee | −£14.1k | −£17.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▲4.2% |
| Headcount growth | — | ▲1.4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.3m | £319k |
| Net assets | £26.3m | £22.4m |
| Fixed assets | £21.5m | £25.5m |
| Current assets | £46.3m | £40.4m |
| Debtors | £7.7m | £8.9m |
| Deferred income | £6.2m | £4.4m |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −5.4%
- Profit ÷ revenue.
- Gross margin
- 5.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £329k
- Revenue ÷ average employees.
- Profit per employee
- −£17.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 34.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.2%
- 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
- ▼15%
- Now £22.4m
- Cash at bank
- ▼86%
- Now £319k
- Headcount
- ▲1%
- Now 223
- Deferred income
- ▼29%
- Now £4.4m
- Fixed assets
- ▲19%
- Now £25.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- T & M Plant Hire LimitedPartridge Green · Renting and leasing of trucks and other heavy vehicles
- Revenue
- £54.8m
- Profit
- £5.3m
- Staff
- 94
- MC Rental LimitedAylesford · Renting and leasing of trucks and other heavy vehicles
- Revenue
- £38.5m
- Profit
- £2.5m
- Staff
- 30
- N.D. Brown LimitedSlade Heath · Renting and leasing of trucks and other heavy vehicles
- Revenue
- £30.2m
- Profit
- £3.1m
- Staff
- 96
- Thomas's Group (Birmingham) LimitedBrookvale Road Witton · Renting and leasing of trucks and other heavy vehicles
- Revenue
- £24.5m
- Profit
- £1.5m
- Staff
- 48
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£3.9m), from the Companies House accounts bulk data published Dec 2025. 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.