Armit Wines Limited
Registered name: ARMIT WINES LIMITED
Armit Wines Limited made £14.1m revenue and £433k profit in the year to 30 Jun 2025.
Armit Wines Limited’s revenue fell 21% to £14.1m in the year to 30 Jun 2025, with £433k profit and 35 employees. The company is classified under “wholesale of wine, beer, spirits and other alcoholic beverages” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 44 yrs · since 1982
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £18.6m | £25.7m | £17.8m | £14.1m |
| Cost of sales | £13.7m | £18.9m | £12.5m | £9.5m |
| Gross profit | £4.9m | £6.8m | £5.3m | £4.6m |
| Operating profit | £1.7m | £1.6m | £1.1m | £605k |
| Profit before tax | £1.6m | £1.5m | £1.1m | £587k |
| Profit after tax | £1.3m | £1.2m | £792k | £433k |
| Profit (best available) | £1.3m | £1.2m | £792k | £433k |
| Staff costs | — | £2.5m | £2.2m | £2.2m |
| Employees (average) | 36 | 38 | 38 | 35 |
| Ratios | ||||
| Profit margin | 7.1% | 4.7% | 4.5% | 3.1% |
| Gross margin | 26.3% | 26.4% | 29.6% | 32.8% |
| Revenue per employee | £515k | £676k | £468k | £402k |
| Profit per employee | £36.7k | £31.9k | £20.8k | £12.4k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼30.8% | ▼20.8% |
| Profit growth | — | — | ▼34.6% | ▼45.3% |
| Headcount growth | — | — | 0% | ▼7.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.2m | £1m | £918k | £855k |
| Net assets | £1.6m | £2.8m | £3.6m | £4m |
| Fixed assets | £186k | £122k | £67.6k | £42k |
| Current assets | £13.5m | £11.7m | £11.3m | £9.5m |
| Debtors | £2.6m | £3m | £2.1m | £1.1m |
| Deferred income | £5.5m | £4.3m | £4.4m | £2.9m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 3.1%
- Profit ÷ revenue.
- Gross margin
- 32.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £402k
- Revenue ÷ average employees.
- Profit per employee
- £12.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 20.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.6%
- 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
- ▲12%
- Now £4m
- Cash at bank
- ▼7%
- Now £855k
- Headcount
- ▼8%
- Now 35
- Deferred income
- ▼34%
- Now £2.9m
- Fixed assets
- ▼38%
- Now £42k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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- Glamorgan Brewing Company LimitedManchester · Wholesale of wine, beer, spirits and other alcoholic beverages
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £433k), from the Companies House accounts bulk data published Apr 2026. 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.