Skip to content
CompanySight
Company No. 02052152 · Incorporated 3 Sep 1986

Flexdart Limited

Registered name: FLEXDART LIMITED

Flexdart Limited made £41.1m revenue and £909k profit in the year to 31 Dec 2024.

Flexdart Limited’s revenue fell 12% to £41.1m in the year to 31 Dec 2024, with £909k profit and 47 employees. The company is classified under “wholesale of waste and scrap” and is based in Birmingham; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46770Wholesale of waste and scrap
Status
Active
Location
Birmingham, West Midlands
Age
40 yrs · since 1986
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCash flow filed
Revenue
£41.1m
Growth ▼11.7%
Profit
£909k
Growth ▲23.7%
Profit margin
2.2%
Gross 20.2%
Employees
47
Change 0%
Profit / employee
£19.3k
Revenue/employee £875k
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&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£64.5m£46.6m£41.1m
Cost of sales£53.6m£39.3m£32.8m
Gross profit£10.8m£7.3m£8.3m
Operating profit£1.8m£1.3m£1.1m
Profit before tax£1.5m£983k£1.4m
Profit after tax£1.2m£735k£909k
Profit (best available)£1.2m£735k£909k
Employees (average)484747
Ratios
Profit margin1.8%1.6%2.2%
Gross margin16.8%15.7%20.2%
Revenue per employee£1.3m£991k£875k
Profit per employee£24.4k£15.6k£19.3k
Cash conversion−36.8%−197.6%195%
Growth (year on year)
Revenue growth—▼27.8%▼11.7%
Profit growth—▼37.2%▲23.7%
Headcount growth—▼2.1%0%
Balance sheet — indirect signals, not revenue
Cash at bank£1.5m£3.4m£609k
Net assets£17.2m£17.7m£20.2m
Fixed assets£8.6m£8.3m£11.3m
Current assets£18.9m£21.9m£22.4m
Debtors£4m£2.3m£2.6m
Cash from operations−£652k−£2.5m£2.2m
SourceFullAccounts · bulk data Apr 2024FullAccounts · bulk data Apr 2024FullAccounts · bulk data Jun 2025
Derived from the latest filing

How the business works

Profit margin
2.2%
Profit ÷ revenue.
Gross margin
20.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£875k
Revenue ÷ average employees.
Profit per employee
£19.3k
Profit ÷ average employees.
Cash conversion
195%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
27.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
6.4%
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 £20.2m
Cash at bank
▼82%
Now £609k
Headcount
0%
Now 47
Deferred income
—
Now —
Fixed assets
▲36%
Now £11.3m
Corporate ownership

Group structure

Subsidiaries (5)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £909k), from the Companies House accounts bulk data published Jun 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.