How much does Faac (U.K.) Limited make?

Faac (U.K.) Limited reported revenue of £15.8m and £1.1m profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Faac (U.K.) Limited have?

Faac (U.K.) Limited reported an average of 72 employees in the year to 31 Dec 2022.

Is Faac (U.K.) Limited profitable?

Yes — Faac (U.K.) Limited reported a profit of £1.1m in the year to 31 Dec 2022.

Company No. 01875607 · Incorporated 7 Jan 1985

Faac (U.K.) Limited

Registered name: FAAC (U.K.) LIMITED

Faac (U.K.) Limited made £15.8m revenue and £1.1m profit in the year to 31 Dec 2022.

Faac (U.K.) Limited’s revenue fell 5% to £15.8m in the year to 31 Dec 2022, with £1.1m profit and 72 employees. The company is classified under “wholesale of radio, television goods & electrical household appliances (other than records, tapes, cd's & video tapes and the equipment used for playing them)” and is based in Basingstoke; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46439Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)

Status: Active
Location: Basingstoke, South East
Age: 41 yrs · since 1985
Type: Private Limited Company

Latest accounts · year to 31 Dec 2022

Key figures

Independent

Revenue

£15.8m

Growth ▼5.2%

Profit

£1.1m

Growth ▼50%

Profit margin

7.1%

Gross 41.4%

Employees

Change ▲1.4%

Profit / employee

£15.5k

Revenue/employee £220k

Profitable streak

2yrs

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 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.7m	£15.8m
Cost of sales	£10.1m	£9.3m
Gross profit	£6.6m	£6.5m
Operating profit	£1.9m	£1.3m
Profit before tax	£2.6m	£1.5m
Profit after tax	£2.2m	£1.1m
Profit (best available)	£2.2m	£1.1m
Employees (average)	71	72
Ratios
Profit margin	13.4%	7.1%
Gross margin	39.5%	41.4%
Revenue per employee	£235k	£220k
Profit per employee	£31.5k	£15.5k
Growth (year on year)
Revenue growth	—	▼5.2%
Profit growth	—	▼50%
Headcount growth	—	▲1.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£849	£358
Net assets	£7.6m	£6.5m
Fixed assets	£2.1m	£2.1m
Current assets	£11.8m	£10.5m
Debtors	£2.2m	£2.3m
Deferred income	£698k	£763k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023

Derived from the latest filing

How the business works

Profit margin: 7.1%; Profit ÷ revenue.
Gross margin: 41.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £220k; Revenue ÷ average employees.
Profit per employee: £15.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.5%; 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: ▼15%; Now £6.5m
Cash at bank: ▼58%; Now £358
Headcount: ▲1%; Now 72
Deferred income: ▲9%; Now £763k
Fixed assets: ▲2%; Now £2.1m

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

Subsidiaries (1)

Faac Doors & Shutters UK 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 Dec 2022 (profit £1.1m), from the Companies House accounts bulk data published Oct 2023. 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.