Joe Browns Ltd
Registered name: JOE BROWNS LTD
Part of Kandy Works Properties Limited groupJoe Browns Ltd made £44.8m revenue and £1.6m profit in the year to 30 Jun 2025.
Joe Browns Ltd’s revenue grew 11% to £44.8m in the year to 30 Jun 2025, with £1.6m profit and 178 employees. The company is classified under “wholesale of clothing and footwear” and is based in Leeds; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 36 yrs · since 1990
- 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: “At the year end the ultimate parent company was Kandy Works Properties Limited, a company registered in England and Wales. It is also the immediate parent company and the smallest and largest entity i”
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) | £47.3m | £48.3m | £40.6m | £44.8m |
| Cost of sales | £18.4m | £19.9m | £16.2m | £17.1m |
| Gross profit | £28.9m | £28.3m | £24.3m | £27.7m |
| Operating profit | £5.1m | £1.9m | −£1.9m | £1.8m |
| Profit before tax | £5.1m | £2m | −£1.6m | £2m |
| Profit after tax | £4.2m | £1.5m | −£1.4m | £1.6m |
| Profit (best available) | £4.2m | £1.5m | −£1.4m | £1.6m |
| Staff costs | £5.6m | £6.1m | £6.6m | £7.3m |
| Employees (average) | 159 | 185 | 181 | 178 |
| Ratios | ||||
| Profit margin | 8.8% | 3.2% | −3.5% | 3.5% |
| Gross margin | 61.2% | 58.7% | 60% | 61.8% |
| Revenue per employee | £297k | £261k | £224k | £252k |
| Profit per employee | £26.3k | £8.4k | −£7.8k | £8.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲2.1% | ▼16% | ▲10.5% |
| Profit growth | — | ▼63% | ▼191.5% | — |
| Headcount growth | — | ▲16.4% | ▼2.2% | ▼1.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £10.2m | £7.2m | £7.3m | £8.5m |
| Net assets | £17m | £16.5m | £15.1m | £16.7m |
| Fixed assets | £998k | £2.5m | £2.3m | £2.1m |
| Current assets | £25.8m | £21.5m | £18.9m | £24.5m |
| Debtors | £1.8m | £1.9m | £1.6m | £1.5m |
| Deferred income | £1.6m | £1.5m | £1.1m | £3m |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 3.5%
- Profit ÷ revenue.
- Gross margin
- 61.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £252k
- Revenue ÷ average employees.
- Profit per employee
- £8.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.3%
- 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 £16.7m
- Cash at bank
- ▲16%
- Now £8.5m
- Headcount
- ▼2%
- Now 178
- Deferred income
- ▲174%
- Now £3m
- Fixed assets
- ▼10%
- Now £2.1m
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
- Kandy Works Properties Limitedultimate parent75–100%
- Joe Browns Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Uneek Clothing Company LimitedLondon · Wholesale of clothing and footwear
- Revenue
- £44.2m
- Profit
- £5.4m
- Staff
- 99
- Safilo UK LimitedLondon · Wholesale of clothing and footwear
- Revenue
- £43.9m
- Profit
- £1.4m
- Staff
- 35
- Workwear Uniform Group LimitedOldbury · Wholesale of clothing and footwear
- Revenue
- £45.8m
- Profit
- £2.4m
- Staff
- 139
- Gardiner Bros. and Company (Leathers) LimitedStonehouse · Wholesale of clothing and footwear
- Revenue
- £43.5m
- Profit
- £407k
- Staff
- 238
- Level Peaks Associates LtdHereford · Wholesale of clothing and footwear
- Revenue
- £42.5m
- Profit
- £2.1m
- Staff
- 37
- S.R.G. Apparel PLCManchester · Wholesale of clothing and footwear
- Revenue
- £41.4m
- Profit
- £294k
- Staff
- 69
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £1.6m), from the Companies House accounts bulk data published Oct 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.