Fluiconnecto UK Ltd
Registered name: FLUICONNECTO UK LTD
Part of Manuli Ryco S.P.A groupFluiconnecto UK Ltd made £7.7m revenue and £199k profit in the year to 31 Dec 2023.
Fluiconnecto UK Ltd’s revenue grew 115% to £7.7m in the year to 31 Dec 2023, with £199k profit and 33 employees. The company is classified under “manufacture of other rubber products” and is based in Manchester; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 37 yrs · since 1989
- 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: “Manuli Ryco S.p.A”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £3.6m | £7.7m |
| Cost of sales | £2.7m | £3.9m |
| Gross profit | £854k | £3.8m |
| Operating profit | £87.8k | £549k |
| Profit before tax | £25.5k | £358k |
| Profit after tax | £31.5k | £199k |
| Profit (best available) | £31.5k | £199k |
| Staff costs | £1.4m | £3.7m |
| Employees (average) | 33 | 33 |
| Ratios | ||
| Profit margin | 0.9% | 2.6% |
| Gross margin | 24% | 49.4% |
| Revenue per employee | £108k | £232k |
| Profit per employee | £955 | £6k |
| Growth (year on year) | ||
| Revenue growth | — | ▲115.1% |
| Profit growth | — | ▲532% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £486k | £294k |
| Net assets | £6m | £5.4m |
| Fixed assets | £7.9m | £10.9m |
| Current assets | £3.6m | £3.9m |
| Debtors | £1.3m | £1.3m |
| Deferred income | £199k | £167k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 49.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £232k
- Revenue ÷ average employees.
- Profit per employee
- £6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 141.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.2%
- 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
- ▼10%
- Now £5.4m
- Cash at bank
- ▼39%
- Now £294k
- Headcount
- 0%
- Now 33
- Deferred income
- ▼17%
- Now £167k
- Fixed assets
- ▲38%
- Now £10.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Manuli Ryco S.P.A (registered outside the UK register)ultimate parent75–100%
- Fluiconnecto UK Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Cardiff Hydraulics LimitedLiquidationFigures not disclosed
- G B Hoses LimitedLiquidationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £199k), from the Companies House accounts bulk data published Dec 2024. 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.