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Company No. 02438515 · Incorporated 1 Nov 1989

Between the Lines Limited

Registered name: BETWEEN THE LINES LIMITED

Between the Lines Limited made £11.5m revenue and £350k profit in the year to 31 Mar 2026.

Between the Lines Limited’s revenue grew 14% to £11.5m in the year to 31 Mar 2026, with £350k profit and 228 employees. The company is classified under “retail sale of newspapers and stationery in specialised stores” and is based in Bessborough Road Harrow; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47620Retail sale of newspapers and stationery in specialised stores
Status
Active
Location
Bessborough Road Harrow, London
Age
36 yrs · since 1989
Type
Private Limited Company
Latest accounts · year to 31 Mar 2026

Key figures

IndependentCapital-light
Revenue
£11.5m
Growth ▲13.9%
Profit
£350k
Growth ▼10.3%
Profit margin
3%
Gross 32.2%
Employees
228
Change ▲8.6%
Profit / employee
£1.5k
Revenue/employee £50.6k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 202431 Mar 202531 Mar 2026
DisclosureNo P&LNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)——£10.1m£11.5m
Cost of sales——£6.8m£7.8m
Gross profit——£3.4m£3.7m
Operating profit——£537k£490k
Profit before tax——£527k£475k
Profit after tax——£390k£350k
Profit (best available)——£390k£350k
Employees (average)169196210228
Ratios
Profit margin——3.9%3%
Gross margin——33.3%32.2%
Revenue per employee——£48.2k£50.6k
Profit per employee——£1.9k£1.5k
Growth (year on year)
Revenue growth———▲13.9%
Profit growth———▼10.3%
Headcount growth—▲16%▲7.1%▲8.6%
Balance sheet — indirect signals, not revenue
Cash at bank£868k£791k£926k£742k
Net assets£1.1m£1.2m£1.3m£1.4m
Fixed assets£610k£724k£855k£1m
Current assets£2m£2.1m£2.2m£2.4m
Debtors£136k£145k£112k£111k
Deferred income——£18.8k£45k
SourceAbridgedAccounts · bulk data Jul 2024AbridgedAccounts · bulk data Jul 2024AbridgedAccounts · bulk data Jul 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
3%
Profit ÷ revenue.
Gross margin
32.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£50.6k
Revenue ÷ average employees.
Profit per employee
£1.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
8.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
1%
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
▲2%
Now £1.4m
Cash at bank
▼20%
Now £742k
Headcount
▲9%
Now 228
Deferred income
▲139%
Now £45k
Fixed assets
▲20%
Now £1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Sources

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £350k), from the Companies House accounts bulk data published Sep 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.