How much does Belstaff International Limited make?

Belstaff International Limited reported revenue of £54.6m and a loss of £15.9m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Belstaff International Limited have?

Belstaff International Limited reported an average of 220 employees in the year to 31 Dec 2024.

Is Belstaff International Limited profitable?

No — Belstaff International Limited reported a loss of £15.9m in the year to 31 Dec 2024.

Company No. 01447390 · Incorporated 7 Sep 1979

Belstaff International Limited

Registered name: BELSTAFF INTERNATIONAL LIMITED

Part of J.carter Sporting Club Limited group

Belstaff International Limited made £54.6m revenue and a £15.9m loss in the year to 31 Dec 2024.

Belstaff International Limited’s revenue fell 5% to £54.6m in the year to 31 Dec 2024, with a loss of £15.9m and 220 employees. The company is classified under “agents involved in the sale of textiles, clothing, fur, footwear and leather goods” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods SIC 47710Retail sale of clothing in specialised stores

Status: Active
Location: London, London
Age: 47 yrs · since 1979
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 2024

Key figures

Cash flow filed

Revenue

£54.6m

Growth ▼5.2%

Profit

−£15.9m

Growth —

Profit margin

−29.1%

Gross 28.1%

Employees

220

Change ▲27.2%

Profit / employee

−£72.3k

Revenue/employee £248k

Profitable streak

0yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£57.6m	£54.6m
Cost of sales	£42.7m	£39.3m
Gross profit	£14.9m	£15.4m
Operating profit	£2.1m	£593k
Profit before tax	−£18.3m	−£15.9m
Profit after tax	−£18.3m	−£15.9m
Profit (best available)	−£18.3m	−£15.9m
Employees (average)	173	220
Ratios
Profit margin	−31.8%	−29.1%
Gross margin	25.9%	28.1%
Revenue per employee	£333k	£248k
Profit per employee	−£106k	−£72.3k
Cash conversion	−479.6%	−919.3%
Growth (year on year)
Revenue growth	—	▼5.2%
Headcount growth	—	▲27.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.9m	£8.8m
Net assets	−£270m	£36.3m
Fixed assets	£7.8m	£6.7m
Current assets	£62.7m	£74.3m
Debtors	£6.6m	£3.7m
Deferred income	£8.2m	£10m
Cash from operations	−£10.2m	−£5.5m
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −29.1%; Profit ÷ revenue.
Gross margin: 28.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £248k; Revenue ÷ average employees.
Profit per employee: −£72.3k; Profit ÷ average employees.
Cash conversion: −919.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 18.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.8%; 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: —; Now £36.3m
Cash at bank: ▲50%; Now £8.8m
Headcount: ▲27%; Now 220
Deferred income: ▲22%; Now £10m
Fixed assets: ▼14%; Now £6.7m

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

J.carter Sporting Club Limitedultimate parent75–100%
Belstaff UK Holdings Limited75–100%
Belstaff International Limitedthis company

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

Subsidiaries (1)

Belstaff Property LimitedRev. £1.3m · Profit £0

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 2024 (profit −£15.9m), from the Companies House accounts bulk data published Sep 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.