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Company No. 01561013 · Incorporated 13 May 1981

Fibo UK Limited

Registered name: FIBO UK LIMITED

Part of Norcros PLC group

Fibo UK Limited made £17.8m revenue and £579k profit in the year to 31 Dec 2024. read from filing text

Fibo UK Limited’s revenue grew 1% to £17.8m in the year to 31 Dec 2024, with £579k profit and 29 employees. The company is classified under “non-specialised wholesale trade” and is based in Wilmslow; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade
Status
Active
Location
Wilmslow, North West
Age
45 yrs · since 1981
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. From the filing: “Fibo UK Limited is a wholly-owned subsidiary of Fibo Group AS, a company incorporated in Norway and its registered office is Karenslyst allé 53, 0279, Oslo, Norway.”

Latest accounts · year to 31 Dec 2024

Key figures

Operating leverage
Revenue
£17.8m
Growth ▲0.6%
Profit
£579k
Growth ▲1%
Profit margin
3.3%
Gross 19.7%
Employees
29
Change ▲11.5%
Profit / employee
£20k
Revenue/employee £614k
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 to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£13.8m£17.7m£17.8m
Cost of sales£10.8m£14.4m£14.3m
Gross profit£3m£3.3m£3.5m
Operating profit£570k£601k£611k
Profit before tax£539k£573k£579k
Profit (best available)£539k£573k£579k
Staff costs£1.3m£1.5m£1.6m
Employees (average)192629
Ratios
Profit margin3.9%3.2%3.3%
Gross margin21.7%18.4%19.7%
Revenue per employee£727k£681k£614k
Profit per employee£28.3k£22k£20k
Growth (year on year)
Revenue growth—▲28.2%▲0.6%
Profit growth—▲6.4%▲1%
Headcount growth—▲36.8%▲11.5%
Balance sheet — indirect signals, not revenue
Cash at bank£1.3m£1.6m£1.2m
Net assets£2.4m£857k£506k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
3.3%
Profit ÷ revenue.
Gross margin
19.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£614k
Revenue ÷ average employees.
Profit per employee
£20k
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.
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
▼41%
Now £506k
Cash at bank
▼24%
Now £1.2m
Headcount
▲12%
Now 29
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Norcros PLCultimate parent75–100%
  2. Norcros Group (Holdings) Limited75–100%
  3. Norcros Industry (International) Limited75–100%
  4. Fibo UK Limitedthis company

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

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £579k), 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.