How much does The Box Factory Limited make?

The Box Factory Limited reported revenue of £21.7m and £1.4m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does The Box Factory Limited have?

The Box Factory Limited reported an average of 109 employees in the year to 31 Dec 2025.

Is The Box Factory Limited profitable?

Yes — The Box Factory Limited reported a profit of £1.4m in the year to 31 Dec 2025.

Company No. 02664682 · Incorporated 21 Nov 1991

The Box Factory Limited

Registered name: THE BOX FACTORY LIMITED

The Box Factory Limited made £21.7m revenue and £1.4m profit in the year to 31 Dec 2025.

The Box Factory Limited’s revenue grew 10% to £21.7m in the year to 31 Dec 2025, with £1.4m profit and 109 employees. The company is classified under “manufacture of other paper and paperboard containers” and is based in Leamington Spa; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 17219Manufacture of other paper and paperboard containers

Status: Active
Location: Leamington Spa, West Midlands
Age: 34 yrs · since 1991
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentOperating leverageCash flow filed

Revenue

£21.7m

Growth ▲9.5%

Profit

£1.4m

Growth ▲65.2%

Profit margin

6.4%

Gross 33.6%

Employees

109

Change ▲1.9%

Profit / employee

£12.7k

Revenue/employee £199k

Profitable streak

4yrs

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.4m	£20.1m	£19.8m	£21.7m
Cost of sales	£14.5m	£12.9m	£13.2m	£14.4m
Gross profit	£6.9m	£7.1m	£6.6m	£7.3m
Operating profit	£1.6m	£1.8m	£1.2m	£1.9m
Profit before tax	£1.5m	£1.7m	£1.1m	£1.9m
Profit after tax	£1.2m	£1m	£837k	£1.4m
Profit (best available)	£1.2m	£1m	£837k	£1.4m
Staff costs	£3.8m	£4.5m	£4.7m	£5.2m
Employees (average)	97	106	107	109
Ratios
Profit margin	5.8%	5.2%	4.2%	6.4%
Gross margin	32.1%	35.6%	33.3%	33.6%
Revenue per employee	£220k	£189k	£185k	£199k
Profit per employee	£12.8k	£9.9k	£7.8k	£12.7k
Cash conversion	−143.5%	−159.8%	−167.8%	−106.8%
Growth (year on year)
Revenue growth	—	▼6%	▼1.3%	▲9.5%
Profit growth	—	▼15.2%	▼20.2%	▲65.2%
Headcount growth	—	▲9.3%	▲0.9%	▲1.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7m	£1.7m	£1.8m	£901k
Net assets	£7.1m	£8.2m	£7.2m	£8.7m
Fixed assets	£9.2m	£9.2m	£8.4m	£9.2m
Current assets	£5.5m	£5m	£5.4m	£5.6m
Debtors	£2.9m	£2.4m	£2.5m	£3.4m
Deferred income	£246k	£243k	£232k	£183k
Cash from operations	−£2.3m	−£2.9m	−£2m	−£2m
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Mar 2026	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 6.4%; Profit ÷ revenue.
Gross margin: 33.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £199k; Revenue ÷ average employees.
Profit per employee: £12.7k; Profit ÷ average employees.
Cash conversion: −106.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 42.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.7%; 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: ▲21%; Now £8.7m
Cash at bank: ▼50%; Now £901k
Headcount: ▲2%; Now 109
Deferred income: ▼21%; Now £183k
Fixed assets: ▲9%; Now £9.2m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.4m), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.

Updated from Companies House on 16 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.