How much does Ink (Clothing) Limited make?

Ink (Clothing) Limited reported revenue of £146m and £15.9m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Ink (Clothing) Limited have?

Ink (Clothing) Limited reported an average of 103 employees in the year to 31 Dec 2025.

Is Ink (Clothing) Limited profitable?

Yes — Ink (Clothing) Limited reported a profit of £15.9m in the year to 31 Dec 2025.

Company No. 02832312 · Incorporated 1 Jul 1993

Ink (Clothing) Limited

Registered name: INK (CLOTHING) LIMITED

Ink (Clothing) Limited made £146m revenue and £15.9m profit in the year to 31 Dec 2025.

Ink (Clothing) Limited’s revenue grew 5% to £146m in the year to 31 Dec 2025, with £15.9m profit and 103 employees. The company is classified under “wholesale of clothing and footwear” and is based in Watford; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46420Wholesale of clothing and footwear

Status: Active
Location: Watford, East of England
Age: 33 yrs · since 1993
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£146m

Growth ▲5.1%

Profit

£15.9m

Growth ▲2.1%

Profit margin

10.8%

Gross 42.7%

Employees

103

Change 0%

Profit / employee

£154k

Revenue/employee £1.4m

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)	£30.8m	£53.2m	£139m	£146m
Cost of sales	£15.4m	£27.4m	£77.3m	£83.9m
Gross profit	£15.3m	£25.8m	£62m	£62.4m
Operating profit	£8.4m	£9.1m	£26.5m	£28.3m
Profit before tax	£8.4m	£9.2m	£26.9m	£24.2m
Profit after tax	£6.9m	£7.1m	£15.6m	£15.9m
Profit (best available)	£6.9m	£7.1m	£15.6m	£15.9m
Staff costs	£903k	£2.8m	£6.1m	£8.3m
Employees (average)	13	91	103	103
Ratios
Profit margin	22.5%	13.3%	11.2%	10.8%
Gross margin	49.8%	48.5%	44.5%	42.7%
Revenue per employee	£2.4m	£584k	£1.4m	£1.4m
Profit per employee	£532k	£78k	£151k	£154k
Cash conversion	108.7%	109.1%	87.4%	86%
Growth (year on year)
Revenue growth	—	▲72.8%	▲161.8%	▲5.1%
Profit growth	—	▲2.5%	▲119.3%	▲2.1%
Headcount growth	—	▲600%	▲13.2%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£13.9m	£20.7m	£34m	£40.8m
Net assets	£14.1m	£20.1m	£33.7m	£37.9m
Fixed assets	£209k	£949k	£1m	£1.5m
Current assets	£19.8m	£43.8m	£54.2m	£55.8m
Debtors	£2.8m	£7.8m	£9m	£9.1m
Cash from operations	£9.1m	£10m	£23.1m	£24.4m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 10.8%; Profit ÷ revenue.
Gross margin: 42.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.4m; Revenue ÷ average employees.
Profit per employee: £154k; Profit ÷ average employees.
Cash conversion: 86%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.2%; 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: ▲12%; Now £37.9m
Cash at bank: ▲20%; Now £40.8m
Headcount: 0%; Now 103
Deferred income: —; Now —
Fixed assets: ▲44%; Now £1.5m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £15.9m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 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.